New US$4 million Poipet Border Checkpoint Facility Officially Opens
A new Poipet international border checkpoint facility was officially inaugurated on Tuesday 1 March, which will help ease the transit of cargo goods and tourists more effectively. The inauguration ceremony was held under the auspices of Samdech Sar Kheng, Deputy Prime Minister and Minister of Interior. Construction of this new building began in October 2017 and was completed in September 202...
Read MoreNew US$2.5m Electric Equipment Factory Officially Launched in Pursat’s Krakor District
An electronic products assembly plant of SchneiTec CHINT Co., Ltd worth about US$2.5 million has been officially launched in Sna Ansar commune in Krakor district, Pursat province. The inauguration ceremony was held on 28 February in the presence of Minister of Mines and Energy HE Suy Sem and Director General of Electricity of Cambodia HE Keo Rattanak. The project is a joint venture between S...
Read MoreJapan to Provide US$24 million Grant Aid to Expand Water Supply System in Svay Rieng
Cambodia and Japan will sign an agreement on Wednesday 2 March on a Japanese grant of approximately US$41 million for the development of two major projects in Cambodia. According to a press release from the Ministry of Foreign Affairs and International Cooperation on 28 February, the first project is the expansion of the water supply system in Svay Rieng province worth 2,786 million yen (approx...
Read MoreMondulkiri authority to develop gold mining zone into a tourist attraction
Mondulkiri provincial authority and Renaissance Minerals Cambodia have planned to work together in developing the gold mine site into a tourist attraction in the future. Deputy Governor Cheak Menghang unveiled the plan during the press conference regarding the provincial work progress on 24 February. “According to plan, the company will organize proper tour package to the mining site, just l...
Read MoreNR4 Expansion Project Begins, Set for Completion in 2026
The Ministry of Public Works and Transport (MPWT) has begun work to expand and renovate NR4 under a US$110-million loan from the World Bank, according to an MPWT statement issued on 25 February. The construction site starts from Bek Chan commune, Ang Snoul district in Kandal province to Bit Trang commune, Prey Nob district in Sihanoukville. The project includes the expansion of the current r...
Read MoreNASA, US Universities to Construct Infrastructure on Moon
Three US university-led proposals have been selected by NASA to develop technologies for living and working on the moon, according to a NASA announcement on 18 February. The selected projects cover three topics laid out in the solicitation. Each team will receive up to US$2 million, awarded as grants, over two years to develop their proposed technologies. The three projects are: Autonomou...
Read MoreTurkish Investors Mull Investing in Cambodia’s Construction Sector
Turkish investors have expressed interest in investing in Cambodia's construction sector, citing that Cambodia has very high investing potential, according to the Cambodian Chamber of Commerce. The interest was raised by Mr Ferudun Cevahiroglu, President of the Turkish Federation of Industrial Businesses, in a meeting held on 26 February with the Cambodian delegation led by Vice President of th...
Read MoreGov’t Urges Private Firm to Expand & Modernise Water Supply Network in SHV
The Ministry of Industry, Science, Technology and Innovation (MISTI) has requested Anco Co., Ltd. to expand and modernise the clean water supply network in Sihanoukville, especially in developing districts, as the company is currently operating clean water treatment plants with a capacity of 160,000 m3 / day. MISTI Minister HE Cham Prasidh made the request during the water treatment plant inspe...
Read MoreLabour Ministry: 747 Engineers Registered in 2021, Over 6,000 Total to Date
In 2021, there was total of 747 engineers registered with the Ministry of Labour and Vocational Training (MLVT), according to an MLVT report issued on 25 February. This number brings the total accumulative number of registered engineers as of the end of 2021 to 6,008 (240 females), 84 of which are foreign engineers (2 females). According to, Minister of Land Management, Urban Planning and Co...
Read MorePopulation Growth & Modern Living Trend to Boost Demand for Condos, says Expert
The condominium market in Cambodia, which is currently heavily reliant on foreigners, will be supported by local customers due to population growth and the trend of living in modern housing. Executive Vice-President for the Cambodian Valuers and Estate Agents Association (CVEA) said if the developers establish the right price, size, and style to match the taste of locals, the market will catch ...
Read MorePandemic Guides Cambodian Real Estate Sector to Shift Toward Sustainability
A prominent real estate expert has predicted that the real estate sector for 2022 and beyond will continue to grow slowly but in a more sustainable direction despite the ongoing COVID-19 pandemic. This slow but continuous growth is due to the market adapting and turning its focus on the local market, which is where demand is strongest. Executive Vice-President for the Cambodian Valuers and E...
Read MoreLocal Firm LSCG Wins Bid to Install 70MW Solar Power System at New PP Airport
Local firm LSCG Real Estate Co., Ltd has won a bid to install a 70MW solar power system at the new Techo International Airport. According to LSCG CEO Ly Sokchhay, the contract agreement was signed on 22 February with an investment value of US$168 million. "The project is the cooperation between our partners in China. Therefore, the solar panels and other equipment will be imported directly f...
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