PP-SHV Expressway Opened for Trial; 9,000 Vehicles Recorded on First Day
The Phnom Penh-Sihanoukville Expressway has been open for testing since 1 October 2022, for one-month free of charge. According to the Ministry of Public Works and Transport, on the first day, from 7:00 am to 6:00 pm, there were a total of 8,927 vehicles traveling on this expressway through 8 toll stations. If 9,000 vehicle […]
Read More
Industry partners use ORNL software to trim carbon footprint of buildings
Two years after the U.S. Department of Energy’s Oak Ridge National Laboratory provided a model of nearly every building in America, commercial partners are using the tool for tasks ranging from designing energy-efficient buildings and cities to linking energy efficiency to real estate value and risk. International companies like Google and SmithGroup are sharing the […]
Read More
Construction Begins on China’s US$10bn Pinglu Canal
Construction of the Pinglu Canal, one of the major projects of China’s new western land-sea corridor, began last month in Qinzhou, Guangxi Zhuang autonomous region. According to China Daily, the project will cost 72.73 billion yuan or US$10.5 billion and will take 4.5 years to complete. The canal is 135km connecting Xijin Reservoir in Hengzhou […]
Read More
Ground Broken on New Pumping Station in Russey Keo
Construction has begun on the new pumping station in Russey Keo district which will be able to pump up to 30,000 cubic metres/hour. The ground-breaking ceremony was held on 30 September under the presence of Russey Keo District Governor Ek Khun Doeun and Director of the Department of Public Works and Transport of Phnom Penh […]
Read More
Construction Begins on China’s 3,300km East-West Power Transmission Line
Construction has officially begun on China’s fourth mega power transmission pipeline project that will transport natural gas from the east to the west side of the country. With a total length of 3,340 km, the pipeline runs from Wuqia County in northwest China’s Xinjiang Uygur Autonomous Region to Zhongwei City in Ningxia Hui Autonomous Region, […]
Read More
Eight Investment Projects Worth US$89m Approved for Kep, Kandal, K. Speu, K. Cham and PP
The Council for the Development of Cambodia (CDC) has decided to issue a registration certificate for eight investment projects with a total capital of US$ 89m to build two hospitals, Develop Koh Tbal Island, and establish five factories in Kep, Kandal, Kampong Speu, Kampong Cham and Phnom Penh. These private companies include: The first firm […]
Read More
Germany Provides Over US$670 million in Financing to Cambodia as of 2021
As of 2021, Germany has provided a total of US$670 million in financing to Cambodia, equivalent to 2.6% of the total funding provided by development partners to Cambodia. The figure was shown during a meeting between Secretary-General of the Cambodian Rehabilitation and Development Board HE Chhieng Yanara and German Ambassador to Cambodia HE Stefan Anton […]
Read More
Four Investment Projects Worth US$23.9m Approved for Sihanoukville & Svay Rieng Provinces
The Council for the Development of Cambodia (CDC) has given permits to four private companies to invest a total of US$23.9 million to establish four factories in Sihanoukville and Svay Rieng province. The first firm is HOME STYLE LIVING CO., LTD, which will invest US$6.6 million to establish a furniture and mattress factory in Sin […]
Read More
China’s Property Investment Down 7.4% Y-o-Y During First 8 Months of 2022
China’s investment property investment dropped by 7.4% y-o-y in the first eight months of 2022, a further decrease of 1% in the first seven months, reported Xinhua. According to the National Bureau of Statistics (NBS) report, the total property investment in this period was 9.08 trillion yuan (US$1.31 trillion). Investment in residential buildings shares were […]
Read More
Gov’t Establishes Inter-Ministerial Committee for PP-Bavet Expressway Development Project
The Cambodian government has set up an inter-ministerial committee to accelerate the Phnom Penh-Bavet expressway project. According to the statement dated 16 September, the expressway connecting Phnom Penh to Bavet has been proposed for investment by China Road and Bridge Corporation under a basic framework of build-operate transfer. HE Sun Chanthol, Senior Minister, Minister of […]
Read More
MPWT Warns Locals to Stop Breaking Expressway Fencing
The Ministry of Public Works and Transport (MPWT) has warned the locals to stop breaking or cutting barbed razor wire fences along the expressway after finding out many spots have been damaged. During the inspection on 28 September led by MPWT’s Undersecretary of State HE Soeng Sokong, the team found that the locals have been […]
Read More
Japan Urges Cambodia to Further Ease Japanese Investment in Cambodia
Japanese Prime Minister Kishida Fumio has asked his Cambodia’s counterpart Samdech Hun Sen to continue supporting and easing Japanese investment in Cambodia, as to date, Japanese private investment value in the kingdom has reached nearly US$3 billion. HE Kishida Fumio said during a meeting with Samdech Hun Sen on 28 September in Tokyo that besides […]
Read More