Teaming up to boost securities and generate trust for investors
Zillenium Group, a leading real estate marketplace in Cambodia, has announced a partnership with the Securities Exchange Regulator of Cambodia (SERC) and Trust Regulator (TR), aiming at providing a broader understanding of the Securities and Trust sectors, while the move is paving the way for the real estate industry player to take advantages of these two potential sectors. On September 16th, 2...
Read MoreBentley Systems Announces the Finalists in the 2022 Going Digital Awards in Infrastructure
Winners to Be Announced at an Awards Ceremony in London on 15 November Bentley Systems, the infrastructure engineering software company, on 19 September announced the finalists in the 2022 Going Digital Awards in Infrastructure. The annual awards program honours the extraordinary work of Bentley software users advancing infrastructure design, construction, and operations throughout the world...
Read MoreConstruction of Stung Bot Khmer-Thai Border Gate Over 58% Complete
The construction of the new Stung Bot international border gate and the road connecting to NR5 has been 58% completed as of September 2022. Secretary of State of the Ministry of Public Works and Transport HE Yit Bonna provided the update figure during the meeting to review the project's progress on 19 September. The meeting discussed the progress of the project, some challenges related to th...
Read MoreNR2 Renovation in Kandal Province 70% Complete
Renovation of the 4.3km section of NR2 in Kandal province has to date reached 70% completion. The section is 4,320m long and 18m wide connecting the Kbal Thnol flyover to Preah Noray roundabout. The road is being repaved with a stronger and thicker AC in response to heavy traffic Officials also requested residents and commuters to avoid the construction, if possible, to prevent traffic conge...
Read MoreSingapore to Invest More in Green Energy Infrastructure in Cambodia
Singapore and Cambodia have agreed to cooperate further in investing and building more clean infrastructure, according to a joint statement on 16 September. During the 40th ASEAN Ministers on Energy Meeting, Cambodian Minister for Mines and Energy Suy Sem said that Cambodia welcomes investment in the field of renewable energy and technologies from Singapore to advance the energy transition and ...
Read MorePM Orders Crackdown on Illegal Gambling & Related Crimes, Pushing Local Authorities to Take Prompt Action
Prime Minister Hun Sen has ordered a crackdown on illegal gambling and related crimes in a timely manner, emphasizing that Cambodia does not allow "anarchy" to occur on its soil. According to a voice message on 17 September, the PM strongly ordered the provincial and regional authorities to take responsibility, warning them he would remove the, from their positions if found to be negligent or i...
Read MoreGovernment Plans to Spend Over US$240 million Building Three New Airports
The government plans to spend more than US$240 million on building three new airports to serve domestic flights. According to the report from the Secretary of State for Civil Aviation (SSCA), the three new airport projects are within the 2019-2024 aviation infrastructure investment scheme. An estimated US$80 million is planned for the construction of the new Koh Kong airport and US$65 millio...
Read MoreElectric Bus Project Proposed for Siem Reap City
The Global Green Development Institute (GGGI) in Cambodia has expressed its desire to establish an electric bus project in Siem Reap in the near future, while the institute is currently studying the feasibility of the project with provincial leaders and relevant officials. The proposal was discussed during a meeting between Siem Reap Deputy Governor Ly Samrith and Director of GGGI Cambodia Sumi...
Read MoreGov’t Turns SR Sewage into Tourist Attraction
One of the main sewage systems in Siem Reap has been transformed into a new walking area with flower gardens on both sides to serve as a public park and tourist attraction. HE Chea Sophara, Deputy Prime Minister and Minister of Land Management, Urban Planning, and Construction, led the team to inspect the site on 15 September. “This is a creative and effective project of the government in tu...
Read MoreLaos Mulls Connecting Railway with Cambodia to Enhance Cambodia-Laos-China Logistics
Laos has recently announced plans to connect the railway system with Cambodia, aiming to expand bilateral trade and transport systems, as well as establish a complete transport chain between Cambodia, Laos, and China. The plan was unveiled by Loas during the visit of Deputy Prime Minister Men Sam An to Laos’s large dry port, the Vientiane Logistics Park, on 15 September. During the meeting, ...
Read MoreOver 500 Solar Lights Installed & Put into Operation in Kandal
A total of 538 solar light poles worth over US$100,000 were officially inaugurated in Kandal province on 15 September. Located in Ta Ek commune in Khsach Kandal district, the light poles were built by Saron Group, with construction starting in June 2021 and completed in September 2022. HE Dith Tina, Secretary of State of the Ministry of Mines and Energy, stated that the installation of solar...
Read MoreRenewable Energy Accounts for 40% of Cambodia’s Total Energy Mix
Renewable energy in Cambodia, mainly sourced from hydropower, solar energy, and biomass energy, accounted for 40% percent of the kingdom’s total energy mix in 2021. In his opening remarks at the 40th ASEAN Ministers and Energy Meeting and Related Meetings on 15 September, Cambodia Prime Minister Hun Sen said Cambodia has actively integrated renewable energy sources into the energy mix. “Cam...
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