Stueng Trang-Krouch Chmar Bridge Set for Completion in March
Construction of the Stueng Trang-Krouch Chmar bridge is scheduled to finish and be open for traffic in March, while the government will also break ground on the NR71C renovation project in the same month. This is according to Minister of Public Works and Transport Sun Chanthol during his speech at the inauguration ceremony of the […]
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Transport Minister: Work on Kratie-Kampong Thom Bridge to Start This Year
The Mekong River Bridge connecting Kratie and Kampong Thom provinces is scheduled to begin construction this year after the study is completed, according to the Minister of Public Works and Transport during the inauguration of the Heavy Vehicle Driving Training Centre on 04 February. HE Chanthol confirmed that the ground will be broken on the […]
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SCG Group’s Design Village to Open First Home-living Retail Outlet in Phnom Penh
SCG Group’s Design Village to Open First Home-living Retail Outlet in Phnom Penh Renowned Thai firm SCG-Boonthavorn has recently announced the launch of new home-living retail outlet ‘Design Village’ in Sen Sok district, which will the first of its kind in Cambodia after the official opening in Q2 this year. Design Village is Thailand’s most […]
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Construction of 34 roads in Sihanoukville Completed by March
The construction of 34 roads in Sihanoukville will be completed by 15 March and scheduled to officially open for traffic during the upcoming Khmer New Year, according to Sihanoukville Governor HE Kouch Chamroeun. During a site inspection, HE Kouch Chamroeun urged each company to accelerate their working pace to ensure that the remaining tasks will […]
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Renovation of 146B Road in Stung Hav District 10% Complete
To date, the renovation of 146B road which was damaged by landslides in August, is now 10% completed and scheduled for completion by August 2022, according to the progress update meeting on 2 February. According to the report from the construction company, the construction of Road 146B and Street 148, has started since 17 April […]
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Gov’t to Allocate Approx. 2,000 Hectares to Low-income Veterans in Kompong Thom
The Kampong Thom administration is working on dividing approximately 2,000 hectares of state land in Trapeang Ruessei village in Santuk district into small plots, to distribute to low-income veterans. Kampong Thom Governor Sok Lou said during a site inspection on 02 February that the land plots will only be given to veterans and low-income locals […]
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CCA to Host Business Network Event and Board Member Election in March After Delay
The Cambodia Constructors Association (CCA) has decided to host its business network event and the 4th Board Member Election on 05 March 2021, after being delayed from December last year due to the COVID-19 pandemic. Scheduled to be held at the Dara Airport Hotel, the event will be joined by CCA members, construction companies, and […]
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Construction of Koh Tonsay Tourism Port 55% complete
Construction of Koh Tonsay Tourism Port is now 55% complete and is scheduled to finish by August after delays due to the COVID-19 pandemic and technical issues. Kep Provincial Department of Public Works and Transport Director Mam Touch said during a press conference on 02 February that the port will have total area 3,400 square […]
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Kampot and Kep to Attract More Development with Forthcoming Investment Guidebook
Kampot and Kep officials are composing an investment guidebook to attract more new development and manage existing projects more effectively, according to Kampot Governor Chev Tay. HE Chev Tay said in a meeting with the Kampot-Kep Chamber of Commerce officials on 01 February that the guidebook is crucial for investors as it can provide essential […]
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Asian Investors Looking West for Positive Investment Trends
Most Common Reasons International Investors Buy a Home in the U.S. In recent years, while booming economies have created significant wealth across much of Asia, investors from this vibrant region are increasingly looking to the United States as a safe haven for wealth preservation. Steven Kay, Founder and Co-CEO at Golden Gate Global, notes that […]
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CDC Approves Two Investment Projects Worth Over US$500 Million
The Council for the Development of Cambodia has officially approved private firms to invest in building two factories worth over US$500 million in Kampot and Kampong Kampong Chhnang provinces. The first investment permit has been granted to Shunying Pulp and Paper Co Ltd, with the firm investing US$504 million to build a paper processing factory […]
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PM Hun Sen: Cambodia Oil Extraction Going Smoothly, Yet to Contribute to the Economy
After a month of production, the Apsara oil station continues to operate smoothly, but the revenue earned from oil is not yet large enough to contribute to the economic recovery, according to PM Samdech Hun Sen on 01 February. (Read more) Samdech Hun Sen said that Cambodia has been producing oil for 33 days since […]
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