News

Sihanoukville eyes a bright future to become ‘Shenzhen of Cambodia’

After allowing the MS Westerdam and its 2,000 passengers and crew to dock at its port on February, Sihanoukville, a quiet and small port city in Cambodia has commanded the global spotlight.  Aside from offering a safe departure for those on board, Sihanoukville is in the ...

Lan Hui Source

Cambodia police shoot land protester in Sihanoukville

As Cambodia heads towards a head-on crash with the European Union (EU) and the United States government over political freedom and human rights, disturbing video has emerged of Cambodia police shooting at protestors in Sihanoukville, in the country’s southwest. Keep reading ...

How Chinese money is changing Sihanoukville – ‘No Cambodia left’

Inside a lavishly decorated casino, where chandeliers hang from the ceiling, cigarette smoke lingers in the air and platters of mango are served to gamblers, a game of baccarat is getting heated. Cards are slammed down, US$100 bills are brandished and Chinese tourists shout excitedly. Keep ...

National rail system in the pipeline

An agreement to build a national rail system has been reached by the Royal Group and two major Chinese companies. The joint venture will refurbish the rail link from Phnom Penh to the Thai border and upgrade the rail expressway from Phnom Penh to Sihanoukville. There ...

Japan agrees aid for port expansion

The Japanese government has agreed to help Sihanoukville Autonomous Port (SAP) introduce an electronic system for handling import and export procedures. The Electronic Data Interchange (EDI) system will allow companies to send one another electronic information, replacing the manual method currently in use. The agreement ...

Port operator’s IPO share price set near high tide mark

Sihanoukville Autonomous Port, the state enterprise that operates Cambodia’s principal seaport, announced a share price of 5,040 riel ($1.26) on May 9 for its upcoming initial public offering following a bookbuilding exercise that garnered a strong response from institutional investors. SAP priced its shares at the ...

Ground broken for oil refinery

After years of delays and setbacks, the Cambodian firm set to operate the Kingdom’s landmark oil refinery finally broke ground on May 4 on a $1.62 billion project with an updated completion date set for the middle of 2019. The oil refinery, which will be built ...

Port unveils $200m expansion

Sihanoukville Autonomous Port is to build a $200 million container terminal as part of an expansion project due to be completed by 2022. The expansion is intended to address a surge in the volume of containers passing through the country’s only deep-sea port. The existing container ...

Inquiry afoot after sand shipping video goes viral

The Ministry of Mines and Energy on May 2 said it was investigating potential irregularities in the export of sand after a video from the NGO Mother Nature claiming that banned exports continued unabated went viral yesterday, racking up hundreds of thousands of “likes”. While the ...

US, Japan firms sign milestone energy deals

Agreements were signed on April 26 for the supply of key components for Cambodia Energy II’s coal-fired power plant in Stung Hav, Sihanoukville province. General Electric will supply the boiler, electrostatic precipitator and steam turbine generator for the CEL2 plant. The US multinational will also provide ...

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