Phnom Penh-Sihanoukville Expressway Virtually Inaugurated
Cambodia Prime Minister Samdech Hun Sen and Chinese Premier Li Keqiang virtually presided over the inauguration ceremony of the Phnom Penh-Sihanoukville Expressway. According to a press release of the Ministry of Foreign Affairs and International Cooperation on 5 November, HE Li Keqiang will pay a three-day official visit to Cambodia from 8-11 November 2022 and preside over the signing ceremony...
Read MoreMPWT Uses High-Tech Machinery to Inspect Infrastructure Construction Quality
The Ministry of Public Works and Transport (MPWT) is launching a new hi-tech truck worth US$800,000 that can inspect the quality of bridges and other infrastructure constructions. The technology was introduced for the first during the inspection on Prek Tamak Bridge by Minister of Public Works and Transport HE Sun Chanthol on 2 November. “The ministry has started using a car equipped with a ...
Read MoreMPWT to Launch DIP System to Manage Expressway Revenue on 9 November
The Ministry of Public Works and Transport (MPWT) will officially launch the DIP system on 9 November 2022 to manage revenue earned from the Phnom Penh-Sihanoukville Expressway. MPWT Minister HE Sun Chanthol said on 2 November that the DIP technology system is scheduled to be completed and officially launched on 9 November. "This system has been put in place to make it easier for people to t...
Read MoreConstruction of New US$60m Interior Ministry HQ 60% Complete
The construction of the new Ministry of Interior administrative building has been completed 60% as of early November and is scheduled to be completed as planned in August 2023. Deputy Prime Minister and Minister of Interior Samdech Sar Kheng provided the progress update during the construction site inspection on 3 November. "The new administrative building is being built in current the Mini...
Read MoreMoE: Only 64% of Garbage Dumped Properly at Landfills
Of all total waste in Cambodia, only 64% is collected and properly dumped in landfills while the other 35% continues to be dumped into water sources and burned in public in an unregulated manner. HE Net Pheaktra, Secretary of State and Spokesperson of the Ministry of Environment, said in a meeting on 1 November that in just one year Cambodia produces more than 4 million tons of garbage, an incr...
Read MoreADB, EDC Ink Deal to Build 2GW Solar & Battery Storage Facility in Cambodia
The Asian Development Bank (ADB) has signed an agreement with Cambodia’s Électricité du Cambodge (EDC) to support the development of 2 gigawatts (GW) a solar power plant in Cambodia. The agreement aims to help the country achieve its goal of carbon neutrality by 2050, according to an ADB press release issued on 2 November. Under this agreement, ADB will help EDC conduct a nationwide study on...
Read MoreCambodia to Build Three More Deep-Sea Ports to Boost Trade with US & Europe
Cambodia is planning to build three more deep-sea ports in the Kingdom, aiming to boost direct freight access to and from the US and European nations. The plan was confirmed by HE Minister Sun Chanthol in a press conference on 27 October 2022. "The first port is the expansion of Sihanoukville port to 14.5m by 2026. We are also studying to build two more ports, one 16.50m and the other 17.50m...
Read MoreResidential Property Price Index in Phnom Penh Increases to 115.4
In August 2022, the Residential Property Price Index (RPPI) in Phnom Penh increased to 115.4, indicating a 15.4% increase in prices over the base year 2020, according to the National Bank of Cambodia’s report issued on 3 November. The average housing price in Phnom Penh is 468.4 million riels (US$114,164) in August 2022, an increase of 1.5% and 1.8% over the previous month and the same period l...
Read MoreCarbon Credit Zone in Cambodia Rises to 3 million Hectares in 2022
The natural protected zone that is eligible to convert to carbon credits in 2022 has increased to 3 million hectares from 1 million hectares, according to HE Net Pheaktra, Secretary of State and Spokesperson of the Ministry of Environment recently. “2022 is a turning point in which our country has received revenue from the protected zone through the sale of carbon credits. The sale of this carb...
Read MoreDoes Cambodia Still Lean Towards China, or Has It Already Shifted & Why? Effects on Economy & Real Estate
Recently, the Cambodian government has taken a proactive stance and issued a series of measures to crack down on gambling and related crimes across the country, especially in Sihanoukville, which has been labeled by the foreign press as a hotbed of online crime. This issue has been occurring continuously in Cambodia for some time, but why is the government rushing to act now? What is the Cambod...
Read MoreCambodia has 51 Air Quality Monitoring Stations Nationwide
To date, there are a total of 51 air quality monitoring sites throughout Cambodia to collect daily air data to evaluate and manage air quality in Cambodia. The figure was provided by HE Net Pheaktra, Secretary of State and Spokesperson of the Ministry of Environment, in a meeting on 31 October. "To inspect the air quality in our country, we have set up 51 air inspection sites in Cambodia, in...
Read MoreJICA Launches Three Campaigns for Siem Reap Smart City Project
The Japan International Cooperation Agency (JICA) has been working with the Cambodian government to transport Siem Reap into a smart city, with three major action plans set for 2022 to 2025. According to discussions at an official meeting on 31 October, the second phase of the project will be implemented from May 2022 to March 2025, and implement three activities, including: 1). Establishmen...
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