NR 41 Restoration Project Achieves 97% Completion with Over USD 67 Million Investment
The extensive restoration and upgrade of NR 41, spanning 95 kilometres, has reached 97.01% completion as of November 2024. This transformative infrastructure project, valued at over USD 67 million, is funded through a concessional loan from the Chinese government and aims to enhance regional connectivity and economic growth. The update was confirmed during an inspection […]
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Don’t Miss the Cambodia Construction Expo 2024 to Showcase Over 2,000 Products and Services on 5-7 December
The Cambodia Construction Expo 2024, the nation’s most anticipated event for the construction industry, kicks off tomorrow, 5-7 December 2024, at Koh Pich Exhibition Centre. Organized by the Cambodia Constructors Association (CCA), the three-day event will feature participation from hundreds of domestic and international companies, showcasing over 2,000 products and more than 50 services, making […]
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Cambodia Extends Incentives to USD 40 Million Steel Manufacturing Project in Sihanoukville
The Cambodian government has granted special incentives to Huale Steel (Cambodia) Co., Ltd., a steel manufacturing company in Sihanoukville, with an investment capital of USD 40 million. This decision was finalized during a meeting led by HE Dr. Hean Sahib, Chairman of the Investment Promotion Working Group for Sihanoukville Province, on 25 November 2024. The […]
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Chinese Firm to Invest in Cambodia’s Growing Flower Industry
A significant development in Cambodia’s agricultural sector is underway as a leading company from Yunnan province, China, has announced plans to invest in flower cultivation and supply within the country. This initiative follows discussions held on 27 November 2024 between Mr. Suon Sophal, Deputy Secretary-General of the Cambodian Investment Committee, and a Chinese delegation led […]
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By 2024, Cambodia Completed Nearly 8,000 Hectares of State-Owned Private Land Registration Covering Four Strategic Locations
Cambodia made significant strides in land management in 2024, with the Ministry of Land Management, Urban Planning, and Construction successfully registering 7,725.30 hectares of state-owned private land across four major locations. The registered sites include 892.19 hectares in Romdos Sre commune, Choam Ksan district, Preah Vihear province; 4,806.42 hectares in Rayor commune, Mondulkiri province; 1,181.58 […]
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Royal Railway Receives First Shipment of 221 Flat Wagons to Enhance Cambodia’s Rail Freight Services
Royal Railway Plc, a subsidiary of the Royal Group, has delivered 60 new flat wagons, the first shipment in a larger order of 221 wagons from China. The wagons, which arrived on the evening of 1 December 2024, are part of the company’s ongoing effort to expand its rail freight capabilities, providing improved logistics solutions […]
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Singapore Firm YCH Group Plans to Revolutionise Cambodia’s Logistics Sector
Cambodia’s logistics sector is poised for a transformation as Singapore-based YCH Group reaffirms its commitment to investing in the country’s connectivity infrastructure. Following a productive meeting with PM Samdech Hun Manet, Mr. Robert Yap, Chairman of YCH Group, expressed the company’s enthusiasm for Cambodia’s potential, highlighting plans to enhance transportation and logistics services across the […]
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Critical Analysis of Cambodia’s Stamp Duty Exemption Policy for Properties Valued at USD 70,000 or Less
The Cambodian government’s decision to introduce a stamp duty exemption for properties valued at USD 70,000 or less is a policy aimed at alleviating the financial burden on property buyers and stimulating the real estate market. However, while this policy appears beneficial on the surface, a deeper analysis reveals both advantages and disadvantages that raise […]
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Cambodia’s Exports Surge by 16%, Reaching Nearly USD 22 Billion in 2024
Cambodia recorded a remarkable export performance in the first 10 months of 2024, with international shipments valued at nearly USD 22 billion, representing a 16% growth compared to the same period in 2023. The Ministry of Information highlighted these figures on 13 November 2024, showcasing the country’s expanding global trade footprint. The United States remained […]
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The Future of Infrastructure Engineering is Open
By Nicholas Cumins, Chief Executive Officer This post is an excerpt from the keynote delivered by Bentley CEO Nicholas Cumins to open the 2024 Year in Infrastructure conference. Infrastructure today is facing unprecedented challenges. Around the world, demand for better, more resilient infrastructure is surging—whether it is to expand energy grids, modernize transportation networks, or retrofit existing […]
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Borey Peng Huoth Partners with Hong Leong Bank to Offer Unmatched Home Loan Solutions in Cambodia
Borey Peng Huoth, a prominent Cambodian real estate developer, has joined forces with Hong Leong Bank to launch a transformative home loan program. This partnership offers homebuyers interest rates starting at just 7% per annum, with loan terms extending up to 25 years. Customers can move into fully completed prefabricated homes within one week, marking […]
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NR 31 Rehabilitation Project Achieves Full Completion
The rehabilitation and upgrade of Cambodia’s NR 31, spanning 53 kilometers, has reached 100% completion, marking a major milestone in the nation’s infrastructure development. The project, connecting Bek Kous at the NR 3 intersection to Kampong Trach district town and linking with NR 33, was officially announced as completed on 28 November 2024. This achievement […]
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