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ខ្មែរ 
Koh Tonsay Beach to Angkol Beach Road Connection 80% Completion: Game-Changer for Kep Tourism
- 19 October 2023
In picturesque Kep province, construction of the much-anticipated road linking Koh Tonsay Beach to Angkol Beach has surged ahead, reaching an impressive 80% completion as of 18 October 2023. Governor of Kep Province HE Som Piseth enthusiastically shared this update with AKP, underlining the critical role this project plays in bolstering Kep's burgeoning tourism industry. This 11-kilometer ro...
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BRI Forum Brief: China Shifts from Building Major Infrastructure to Focusing on Digital Connectivity
- 19 October 2023
In an era of evolving global dynamics, China's Belt and Road Initiative (BRI) is poised for a transformative second decade, signaling a shift towards more efficient, market-oriented, and less debt-burdened projects. President Xi Jinping's recent pronouncement on the future of BRI as "small yet smart" is underpinned by valuable lessons learned. This strategic shift comes as a response to past chall...
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CP Group Elevates Investment in Cambodia’s Real Estate, Healthcare, and Satellite Development
- 19 October 2023
The renowned Charoen Pokphand Group (CP), Thailand’s largest private company, has unveiled ambitious plans to expand its commitment n real estate, healthcare, and satellite city development in Cambodia. A courtesy call between Mr. Tse Ping, Vice Chairman of CP Group, and Samdech Hun Manet, held during the "Third Belt and Road Forum" in Beijing, marked a pivotal moment in Cambodia's path to becomi...
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China Spends US$10bn to Dig Massive New Canal to Ease Trade Flow with ASEAN
- 18 October 2023
Recognizing that the eastern port where goods pass through the port near Taiwan looks unstable and is under US surveillance, China has invested a staggering US$10.3 billion (equivalent to 72.7 billion yuan) to carve out the sprawling Pinglu Canal. Stretching over 134 kilometers, this monumental waterway links the Xijin Reservoir near Guangxi's vibrant capital city, Nanning, to the bustling port of...
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Gov’t Greenlights Cutting-Edge Data Centre in Heart of Phnom Penh
- 18 October 2023
The future of digital innovation in Cambodia has taken a resounding step forward with the approval of a groundbreaking project: the establishment of a cutting-edge data centre in the heart of Phnom Penh. The decision comes from the Council for the Development of Cambodia (CDC) and promises to usher in a new era of technological advancement after the CDC approved the project on 18 October 2023. ...
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Cambodia Inks Landmark Agreements with Chinese Corporate Giants on Three Transformative Projects
- 18 October 2023
The Cambodian government has forged pivotal agreements with Chinese corporate giants on three transformative development projects. These monumental partnerships, unveiled during the "Third Belt and Road Forum" in Beijing, promise to reshape Cambodia's technological landscape and boost its economic prowess. Under the leadership of Prime Minister Hun Manet, the Royal Government of Cambodia signed...
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Positive Signs Emerge: Serviced Apartment & Landed Property Sectors Rebound Slightly in Q3 2023
- 18 October 2023
In a real estate market that has largely remained stagnant, there are promising signs of recovery in the service apartment and landed property sectors. The latest data, released by CBRE Research on 5 October 2023, indicates a subtle shift in market demand. According to the report, the average quoted rent for Grade A serviced apartments has increased by 1%, while Grade B apartments have seen a m...
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China’s Economy Rebounds: Factory Activity Signals Stabilisation
- 17 October 2023
China's economy is showing signs of stabilisation as factory activity expands for the first time in six months. The Purchasing Managers' Index (PMI), which measures the performance of major manufacturers, rose to 50.2 in September, up from 49.7. This figure is above the critical 50-point threshold, indicating a shift from contraction to expansion. Economists had predicted a reading of 50.0, this w...
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Gov’t Allocates 1,000 Hectares for Airport City Development Near New Siem Reap Airport
- 17 October 2023
Siem Reap Angkor Airport Investment brings forth exciting prospects for the development of the Siem Reap Angkor International Airport. An impressive 1,000 hectares of prime land have been earmarked for an industrial and economic zone, heralding a new era in airport city growth. The announcement was officially made by HE Vongsey Visoth, Permanent Deputy Prime Minister & Minister in charge of...
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China Datang Corp. Pledges Monumental US$600m Injection to Cambodia’s Power Development
- 17 October 2023
In a significant development that promises to reshape Cambodia's energy landscape, China Datang Corporation Ltd. has committed to a staggering US$600 million increase in its existing investments in Cambodia's energy sector. This announcement emerged during a pivotal meeting at the "Third Belt and Road" forum held in Beijing on 16 October 2023. Samdech Hun Manet Prime Minister of Cambodia conven...
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Bentley Systems Announces Winners of the 2023 Going Digital Awards in Infrastructure
- 17 October 2023
Winners Announced at the 2023 Year in Infrastructure and Going Digital Awards Event in Singapore SINGAPORE – Oct. 12, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the winners of the 2023 Going Digital Awards in Infrastructure. The annual awards program honors the extraordinary work of Bentley software users advancing infras...
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Siem Reap’s New Airport Welcomes Inaugural Commercial Flight
- 16 October 2023
In a historic moment for Cambodia, the Siem Reap Angkor International Airport officially embraced its inaugural commercial aircraft on 16 October 2023, marking a transformative leap for the country's aviation infrastructure. The momentous inauguration ceremony was presided over by HE Vongsey Visoth, Deputy Prime Minister overseeing the Office of the Council of Ministers, Mr Mao Havanal, Ministe...
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