Japan provides US$23 million for the expansion of the water supply system in Cambodia

The Japanese government has decided to provide more than US$23 million in grant aid for a project expansion of the Phum Prek Water Supply System in Cambodia. The signing ceremony of the grant was held on November 12 under the presidency of Samdech Techo Hun Sen, Prime Minister of Cambodia, and visiting Japanese Prime Minister HE Kishida Fumio. The project to expand Phum Prek Water Supply Sys...

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Japanese Self-Defence Force Vessel to Dock in Sihanoukville

The Cambodian government has allowed the self-defense force vessel to dock in Preah Sihanouk Province for three days from 18 to 20 November. Sihanoukville Deputy Governor Em Pheap said Cambodia welcomes the upcoming arrival of the Japanese Navy Self-Defence vessel at the Sihanoukville Autonomous Port and will provide any support if needed. Lt Col Ishihara Masanao, Deputy Chief of Staff of th...

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Royal Group, Keppel Sign Agreement to Export 1,000 Megawatts of Power to Singapore

Royal Group Power Company Ltd (RGP), a subsidiary of Royal Group, has entered into an agreement with Keppel Infrastructure Holdings Pte Ltd (KI) through its subsidiary Keppel Energy Pte Ltd (KE) to export 1,000 megawatts of power to Singapore via a submarine high voltage transmission line. The two sides signed a preliminary agreement to study the feasibility of the joint development and operati...

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Cambodia Vows to Boost Green Logistics Policy to Reduce Environmental Impact

The Cambodian government has vowed to implement more green logistics policies, aimed at reducing environmental impacts in the ASEAN region. The statement was given by the Director General of the General Department of Logistics of the Ministry of Public Works and Transport HE Chheang Pich during the 4th Green Logistics Partnership Conference 2022 on 4 November. The meeting focused on discussi...

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Construction Begins on US$1-million Road in Memot

The Ministry of Rural Development has started construction on a 10-kilometer- long road in Chrey village, Tramoung commune, Memot district, Tbong Khmum province. The ground-breaking ceremony was presided over by HE Ouk Rabun, Minister of Rural Development on 2 November. This road is DBST and is being built by SP Multi Engineering and Development Co., Ltd. The construction will cost approxima...

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Infrastructure Projects in Southeast Asia Named as Finalists in Bentley Systems’ 2022 Going Digital Awards in Infrastructure

Winners to Be Selected and Announced on Nov. 15 as Part of Bentley’s Year in Infrastructure and Going Digital Awards Bentley Systems, Incorporated, the infrastructure engineering software company, has announced several projects from Southeast Asia, India, and Japan as finalists in Bentley’s 2022 Going Digital Awards in Infrastructure. The annual awards program honours the extraordinary work of ...

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ERA Cambodia Unveils Plans to Boost Condo Market Further Next Year

ERA Cambodia in its 4th annual business conference announced new action plans for next year, aiming to boost the potential of the condominium market in Cambodia. The conference was held at Premier Sensok on 11 November 2022. Khorn Kungkea, Chairman and CEO of ERA Cambodia said, “ERA Cambodia is a leading company in Cambodia’s real estate market when it comes to celebrating employees’ success...

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Cambodia Approves US$3.5 Billion in Investment Projects in 10 Months

The Council for the Development of Cambodia (CDC) has approved 161 investment projects with a total investment of US$3.5 billion in the first 10 months of 2022. According to the CDC, investment projects in the first 10 months increased by 15 projects compared to the same period last year, while investment capital increased by about 1.3%. Industry and infrastructure have the largest share, wi...

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KH, VN Agree on Multiple Deals Boosting Cross-Border Infrastructure & Transport Systems

Cambodia and Vietnam have discussed multiple matters aiming to strengthen cross-nation infrastructure and transport sectors. During a bilateral meeting between the Minister of Public Works and Transport of Cambodia and the Minister of Transport of the Socialist Republic of Vietnam on 8 November, five major topics were discussed including: 1) Cross-border Transportation: The two parties si...

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Cambodia Approves US$3.5 Billion in Investment Projects in 10 Months

The Council for the Development of Cambodia (CDC) has approved 161 investment projects with a total investment of US$3.5 billion in the first 10 months of 2022. According to the CDC, investment projects in the first 10 months increased by 15 projects compared to the same period last year, while investment capital increased by about 1.3%. Industry and infrastructure have the largest share, wi...

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Gov’t Issues New Guidelines for Real Estate Investment Trust

The Non-Banking Financial Services Authority has issued guidelines for the recognition of appraisal companies and real estate appraisers in the field of trust investment. According to Proclamation No. 052 dated 3 November 2022, companies wishing to apply for recognition must submit the application with the following requirements: Obtain a license from the Trust Regulator. Have been doin...

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Thailand Provides US$30m to Cambodia for NR67 Renovation

Cambodia and Thailand have signed a concessional loan agreement for a total amount of THB983 million (approximately US$30 million) for the renovation of NR67 connecting Siem Reap to Along Veng and Choam Sangam. Government spokesman HE Vongsey Visoth said recently that the concessional loan agreement reflects the good relationship between Cambodia and Thailand in all aspects. Meanwhile, Mr. P...

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