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 […]
ADB and two major Cambodian institutions are working to accelerate Cambodia’s development activities
The Asian Development Bank (ADB) is collaborating with the Ministry of Economy and Finance and the Cambodia Development Research Institute (CDRI) to implement a five-year strategy for Cambodia’s development. The initiative aims to accelerate private sector development and enhance climate resilience. A recent discussion at the Battambang Pedagogical Institute (BTEC) on September 26, 2024, brought […]
Cambodia imports USD1.063 billion worth of construction materials in 8 months 2024
Imports of construction materials in Cambodia have risen, while the construction sector is projected to recover slower. A report from the General Department of Customs and Excise shows that Cambodia imported USD1,063 million worth of construction materials in the first eight months of 2024, up 21.58 percent from the same period last year. Cambodia also […]
PPAP Port Collects Over USD 27 Million in Eight Months, Marking a 15% Growth
In a remarkable performance, Phnom Penh Autonomous Port (PPAP) collected more than USD 27 million in revenue during the first eight months of 2024, reflecting a 15% increase compared to the same period last year. This boost, driven primarily by port operations and services, showcases the port’s robust contribution to Cambodia’s growing economy, as confirmed […]
Cambodia Approves USD 5.79 Billion Investment in 23 Renewable Energy Projects
In a landmark move to revolutionise its energy landscape, the Cambodian government, under the leadership of PM Hun Manet, has approved 23 power projects with a total investment of nearly USD 5.79 billion. The projects, which span the period from 2024 to 2029, aim to significantly boost the nation’s renewable energy capacity, marking a bold […]
Ministry of Land Launches Coastal Urban Design Competition to Attract Investment and Boost Tourism
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has launched an ambitious design competition project aimed at revitalising Cambodia’s coastal regions to drive economic development, boost tourism, and attract foreign investment. The competition, themed “Cambodia, My Motherland, My City, My Coast, My Heart,” focuses on enhancing urban planning in key coastal provinces, including […]