UK, Switzerland Jointly Developing Flying Robots to Build or Repair Skyscrapers
Researchers in Switzerland and the UK have developed flying 3D printing robots that can build and repair structures in difficult spots on skyscrapers or other danger zones. The drones are fully autonomous while flying but are monitored by a human controller, reports GCR. The fleet consists of “BuilDrones”, which deposit materials during flight, and quality-controlling “ScanDrones” that measu...
Read MorePropNex Cambodia’s Grand Opening
On 23rd September 2022, PropNex Cambodia, a part of Singapore’s Number One Largest Listed Real Estate Agency, held its Grand Opening at Raffles Hotel Le Royal, Phnom Penh, Cambodia. With the belief in adding value and providing the best service, PropNex – led by a management team of visionaries has since been nurturing a group of world-class realty professionals. This winning combination has...
Read MoreADB Lowers 2023 Cambodia’s Economic Growth Forecast from 6.5% to 6.2%
The Asian Development Bank (ADB) has lowered Cambodia's 2023 economic growth forecast from 6.5% to 6.2% given the slowdown in global growth, according to a recent publication issued on 22 September. Previously, ADB predicted that the Cambodian economy will grow by 6.5% in 2023 and 5.3% in 2022. The factors contributing to the growth are the increase in exports of goods and the flow of fore...
Read MoreGov’t Approves 75 New Non-SEZ Investment Projects Worth US$2.4 billion in H1 2022
From January to June 2022, the Cambodian government approved 75 private investment projects outside of special economic zones (SEZ) with a total investment of US$2.4 billion, an increase of 159.3% compared to the same period in 2021. These newly approved 75 projects created about 62,000 new jobs, an increase of 65.9%, according to a report issued by the Ministry of Economy and Finance. Servi...
Read MorePM Orders MPWT to Prioritise Subway Train in PP & High-Speed Railways
Prime Minister Samdech Hun Sen has ordered the Ministry of Public Works and Transport (MPWT) to speed up the progress of feasibility study and fund seeking for the subway train project in Phnom Penh capital as well as the project to upgrade two existing railways to high-speed lines. According to MPWT Minister HE Sun Chanthol on 21 September, MPWT was ordered to put these two projects on the pri...
Read MoreFeasibility Study of New Waterway Connecting PP to Kep to be Finalised in November
The detailed feasibility study of a project to build a new water transport system along the Bassac River connecting Phnom Penh Port to Kep, Kampot, and Sihanoukville Ports is scheduled for completion in November. According to the speech of the Minister of Public Works and Transport HE Sun Chanthol on 21 September, after the study is completed, the ministry will submit it for approval from PM Sa...
Read MorePhnom Penh-Bavet Expressway Scheduled to Break Ground in Mid-2023
The Ministry of Public Works and Transport (MPWT) will accelerate work to break ground on the construction of the country’s second expressway connecting Phnom Penh to Bavet by mid-2023. HE Sun Chanthol, Senior Minister of the Ministry of Public Works and Transport, provided the upgrade on the project on 21 September. “We have already signed a Memorandum of Understanding with CRBC,” he said. ...
Read MoreFrance has Provided US$900m Financing for Infrastructure Development Projects in Cambodia
The French Agency for Development (AFD) has provided a total of €888 million (approximately US$882 million) in loans and grant aid to Cambodia for infrastructure development over the last 30 years. The figures were raised in a meeting between HE Aun Porn Moniroth, Deputy Prime Minister and Minister of Economy and Finance, and Jean-Pierre Marcelli, Regional Director of the French Agency for Deve...
Read MoreNew Medical Centre, Lab, Hospital Building Inaugurated in Sihanoukville
A new COVID-19 medical care center, laboratory, and medical oxygen production lab located within the Sihanoukville provincial hospital complex were officially inaugurated by Deputy Prime Minister HE Men Sam An on 20 September. The COVID-19 center is a one-story building built in August 2021 and completed in April 2022 with a construction cost of over US$1 million via donations from local and in...
Read MoreLaos to Build US$2bn Wind Power Project for Domestic Supply & Export
The Laos Government and relevant energy companies plan to spend over US$2 billion to establish a wind power project in Sepon district of Savannakhet province for domestic supply and exporting to Vietnam. The Laos government and two private firms—Savan Vayu Renewable Company and LTM Lao Company —have recently signed an MoU to examine the possibility of wind power projects in the region, reported...
Read MoreNew Investment Project Worth Over US$5.6m Approved for Phnom Penh
The Council for the Development of Cambodia (CDC) has given a permit to a private firm to invest over US$5.6 million to establish a new factory in Phnom Penh. The permitted firm is MI QI (CAMBODIA) GARMENT CO., LTD, which will build a new garment factory located in Chrey Kaong Village, Sangkat Choam Chao II, Khan Por Senchey, Phnom Penh. According to CDC, this project will create 1,886 jobs ...
Read MoreThais Citizens of Border Provinces Can Visit Angkor Wat Without Passports
The Cambodian government plans to allow Thais living in border provinces to visit Siem Reap and Angkor Wat without passports, while an inter-ministerial commission is preparing the detailed procedure. Minister of Tourism HE Thong Khon unveiled this project during the meeting on 19 September, emphasizing this scheme is to boost tourism sectors. If this scheme is approved and implemented, Thai...
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