China Grants Over USD 42 Million to Boost Cambodia’s Infrastructure Development
To Cambodia’s infrastructure development, China has pledged 300 million yuan (approximately USD 42 million) in grants. This commitment, aimed at advancing Cambodia’s infrastructure, was confirmed during a bilateral meeting between Cambodian Prime Minister Hun Manet and Chinese Prime Minister Li Qiang at the 44th and 45th ASEAN Summits in Vientiane, Laos. The pledge reflects China’s […]
MPWT Completes Trapeang Sre Border Gate Project, Paving the Way for Next-Phase Development
The Ministry of Public Works and Transport (MPWT) has officially announced the successful completion of the Trapeang Sre International Border Gate Improvement Project, a critical undertaking implemented under the Official Development Assistance Framework of the Republic of Korea. This milestone is expected to enhance cross-border trade and logistics operations in the region, positioning Cambodia for […]
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 […]
Cambodia and Korea Sign Contract to Fast-Track $235 Million Areyaksat Bridge Construction by Mid-2025
Cambodia and Korea have sealed a comprehensive contract to expedite the construction of the Cambodia-Korea Friendship Bridge, with work slated to begin by the end of the first half of 2025. The contract, signed on 25 September 2024, details the technical collaboration between the Ministry of Public Works and Transport and Korea’s Yooshin Engineering Corporation. […]
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 […]
Hong Kong International Airport Surpasses Changi to Become Asia’s Leading Hub in 2024
Hong Kong International Airport has overtaken Singapore’s Changi Airport to claim the prestigious title of “Asia’s Leading Airport” at the 2024 World Tourism Awards, according to Seasia, 9 September 2024. This marks a significant milestone, as Changi Airport had held this top position for several consecutive years before the pandemic. The win highlights Hong Kong’s […]