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ខ្មែរ 
ADB Provides US$40-million Loan to Support SMEs & Financial Stability in Cambodia
- 18 October 2021
The Asian Development Bank (ADB) has decided to provide US$40 million in loans to help stabilise Cambodia's financial sector, especially for SMEs affected by the COVID-19 pandemic. According to an ADB press release on 18 October, the loan will help small and medium-sized enterprises (SMEs) to recover from the pandemic by insuring them with the right amount of loans. The loan will also intend...
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First China-Laos High-Speed Train Arrives in Vientiane
- 18 October 2021
The first high-speed passenger train connecting China and Laos was delivered to its operator in the Lao capital on Saturday with the plan to officially begin operation on 2 December, the National Day of Laos. The test runs for the train are also expected to begin soon before the official opening day, reported CGTN. The train is an Electric Multiple Unit (EMU) type which will run on the newly...
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US Firm Fluence to Equip 3rd SHV Water Treatment Plant with Latest Technology
- 18 October 2021
US-headquartered Fluence Corporation has secured a US$8.5 million contract to equip its MABR technology at a wastewater treatment plant in Sihanoukville, Cambodia. The company has signed a contract with the Ministry of Land Management, Urban Planning and Construction for US$8.5 million, the firm said in a recent announcement. Under the contract, Fluence Corporation will equip three MABRs, us...
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CCA to Share Insights on Construction Sector, Law, & Policies at Hong Kong Seminar
- 18 October 2021
The Cambodian Constructor Association (CCA) will share the latest updates and the current status of the kingdom’s construction sector along with related laws and policies at the international seminar. To be held on 21 October, the seminar is being organised by Hong Kong-based Dashun Foundation and funded by the Trade and Industrial Organisation Support Fund of the Trade and Industry Department ...
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Chinese Firm’s Studies on Mondulkiri Airport Project Disrupted Due to COVID-19
- 16 October 2021
The study of the Mondulkiri Airport project by a Chinese company is behind schedule due to COVID-19. State Secretary of Civil Aviation (SSCA)’s spokesman HE Sin Chansereyvutha said on Thursday 14 October that a team of Chinese companies could not visit and evaluate the site due to the required measures related to COVID-19. "The study has been affected. Experts have not been able to travel to...
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Siem Reap 38-Road Renovations 80% Complete
- 14 October 2021
Despite the ongoing COVID-19 restrictions in Siem Reap, the construction of the 38-road renovation project remains on track, and now over 80% complete, according to a progress update meeting on Wednesday 13 October. Siem Reap Deputy Governor Pin Prak said during the meeting that the entire project could reach final completion by the end of the year and be officially inaugurated for public usage...
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Gov’t Warns of Legal Action Against Demolition of Heritage Buildings Nationwide
- 14 October 2021
The Council of Ministers has issued new regulations to prevent the destruction and demolition of heritage buildings nationwide including religious buildings, public buildings, private buildings, villages and traditional houses to conserve culture and national identity. According to announcement No. 08 SR dated 12 October 2021, any actions of modifying the appearance or damaging the aesthetics o...
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Construction an Engine of Global Economic Growth in Next Decade, says Global Forecast
- 14 October 2021
New research has forecasted that the construction sector will be the main engine of global economic growth outpacing manufacturing in the decade to 2030, with output expected to be 35% higher than in the ten years to 2020, reported GCR. A forecast conducted by Oxford Economics and Marsh McLennan companies Marsh and Guy Carpenter revealed that the annual growth of construction will be at 3.6% be...
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Cambodia Establishes Digitalised Manufacturing Centre
- 14 October 2021
The Japanese government, through the Embassy of Japan in Cambodia, has provided approximately US$4.5 million to support the operation of a digitalised manufacturing centre, located at the Royal University of Phnom Penh. The grant was announced at a press conference on 14 October under the chairmanship of RUPP Chair of board HE Dr Mey Kalyan, Japanese Ambassador to Cambodia HE Mikami Masahiro, a...
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Poipet Authority Warns Banks & Pawnshops Over Spike in Forged Land Documents
- 14 October 2021
The Poipet City Administration has issued a warning to banks, microfinance institutions, pawnshops, and the public to be cautious of forged land and property documents, as many cases have been recently found. According to an announcement by the administration, the working group is now tackling the issue and has seized many documents with forged stamps and signatures of the city, sangkats, and t...
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CDC Approves 134 Investment Projects Worth US$3.3bn in First Three Quarters of 2021
- 13 October 2021
During the first three quarters of 2021, the Council for the Development of Cambodia (CDC) has approved a total of 134 investment projects worth over US$3.3 billion, according to a CDC report published in Freshnews. The report added that the number of projects decreased by 24.7% while the investment also dropped by 48%, compared to the same period last year, but have generated over 85,572 jobs ...
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ADB to Provide US$100 billion in Climate Financing to Developing Countries
- 13 October 2021
The Asian Development Bank (ADB) announced on 13 October 2021, that it is ready to provide US$100 billion in climate financing to developing member countries including Cambodia for 2019-2030.The increased financial ambitions are an important part of ADB's efforts to support its developing member countries (DMCs), according to a press release.Climate change mitigation projects, including energy ...
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