Pinglu Canal Set to Revolutionize China-ASEAN Trade Routes, Achieved 53% Milestone
The Pinglu Canal, a pivotal infrastructure project in southern China’s Guangxi Zhuang Autonomous Region, has already seen 53.2% of its construction completed since work began on 28 August 2022. This major progress was reported on 10 September 2024. With an investment of approximately $9.97 billion, this ambitious project is expected to open new trade corridors […]
Malaysia Completes the World’s 2nd Tallest 678.9-metre Merdeka Skyscraper Amid Concerns Over Demand
Malaysia has added yet another architectural marvel to its skyline with the completion of the 678.9-metre Merdeka 118, now the world’s second-tallest building, following only Dubai’s Burj Khalifa. The towering structure, which will be fully open to the public later this year, further cements Kuala Lumpur’s position as a city of super-tall skyscrapers. However, the […]
Honda to Expand Capital Investment in Cambodia after 25 Years of Success
Honda Motor Co., Ltd., through its local partner N.C.X. Co., Ltd, has announced plans to expand its investment in Cambodia, marking over 25 years of successful operations in the country. The decision followed a high-level meeting on 20 September 2024 between Prime Minister Samdech Hun Manet and Mr Minoru Kato, Executive Director and Vice President […]
Cambodian PM Pushes Forward with Major Development of Four Northeastern Provinces Despite CLV-DTA Withdrawal
Cambodia’s Prime Minister, Samdech Thipadei Hun Manet, has reaffirmed the government’s commitment to advancing the development of four northeastern provinces, despite the nation’s recent exit from the Cambodia-Laos-Vietnam Development Triangle Cooperation (CLV-DTA). The premier made the announcement via a special voice message on 23 September 2024, underscoring that the Royal Government will proceed with essential […]
Minebea Breaks Ground on USD200 Million Factory in Pursat SEZ
Japanese electronics giant Minebea officially commenced construction of its USD200 million factory on a 50-hectare site within the Krakor Special Economic Zone, Pursat province on 20 September 2024 by His Excellency Deputy Prime Minister Sun Chanthol, First Vice President of the Council for the Development of Cambodia, along with His Excellency Keo Rattanak, Minister of […]
Final 35 km Section of NR No. 5, Valued at Over USD 52 Million, Reaches 25% Completion
The final section of Cambodia’s NR No. 5, spanning 35.14 km between Serey Sophorn and Poipet, has reached 25% completion as of early September 2024, according to Ministry of Public Works and Transport, 18 September 2024. With a project cost of USD 52.56 million, funded by the Government of Cambodia and Japan’s Credit Assistance, the […]