Chinese Firm to Build 12MW Waste-to-Energy Plant in Siem Reap
Sample picture Chinese company MIZUDA plans to invest in a waste-to-energy plant in Siem Reap capable of combusting 210,000 tons of rubbish per year into 12MW of electricity, according to a post of the Siem Reap Provincial Administration Facebook page on 21 July. The project has been studied for more than half a year […]
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Three Draft Sub-decrees in Discussion to Strengthening Cambodian Construction Sector
The Ministry of Interior and the Ministry of Land Management, Urban Planning and Construction held a technical meeting on 21 July to discuss three draft sub-decrees aimed at strengthening construction quality in Cambodia. The three draft sub-decrees include i) A sub-decree on construction permits (12 chapters and 57 articles), ii) A sub-decree on the conditions […]
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Chip Mong Group to Build New Industrial Waste Management Facility in SSEZ
The Chip Mong Insee Cement Corporation (CMIC) has reached an agreement with its partner to build a new industrial waste management facility in the Sihanoukville Special Economic Zone to provide industrial waste recycling services to the factories within the zone. The investment agreement was signed by the CEO of CMIC Mr Nicolas George and the […]
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Government Seizes Over 4,000 Hectares of Illegally Owned Land in Kampong Speu
The Kampong Speu Provincial Administration has thus far seized over 4,000 hectares of illegally owned land in three protected areas to be returned to use as national assets, according to the Kampong Speu province work progress report released on 20 July. The report stated that the three protected areas are the Chambok Community Protected Area […]
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Kampong Speu Attracts Hundreds of Investment Projects Worth Over US$200 million
Kampong Speu province has attracted hundreds of large investments projects worth over US$200 million since 2019, while more firms are planning to invest in the province in the near future. According to the Kampong Speu province progress report, there were 188 investment projects approved in 2019 with a total construction area of more than 700,000 […]
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Hong Kong firm to build satellite city in Kampong Speu
A Hong Kong investment company has announced plans to set up a new satellite city in Kampong Speu province but has yet to reveal the exact location to prevent rises in land prices. Kampong Speu Governor H.E Vy Samnang said at a press conference on “Progress and Continuation of the Administration of Kampong Speu Province” […]
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Hotel CEOs’ recovery strategies for the hospitality industry
The hospitality industry is undoubtedly one of the hardest-hit sectors from the unprecedented COVID-19 pandemic. For the first four months of 2020, foreign tourists to Cambodia dropped by more than 70%. Nearly 3,000 tourism-related businesses have been closed; over 1,000 hotels, guesthouses and restaurants have been shut down, resulting in thousands of people losing their […]
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H1 2020 sees Construction Material Imports Drop 14%, Associated Tariff Revenue Decline 28%
In the first half of 2020, construction material imports fell by 14%, while the associated tariff revenue also decreased by about 28%, indicating a stagnation of growth in the construction sector. According to the National Bank of Cambodia’s biannual report, construction sector growth has slowed due to the decrease in demand, the completion of some […]
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Three Major Projects to Transform Sihanoukville’s 161-hectare Boeung Kang Kep into a Smart Area
The government is studying the feasibility of three major projects, including the Sihanoukville International Airport, the Neak Reach tourist site, and the Boeung Kang Kep development project, to transform the 161-hectare Boeung Kang Kep area in Sihanoukville into a smart area. H.E Pen Sophal, Secretary of State of the Ministry of Land Management, Urban Planning […]
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World Bank Approves US$100 million to Support Cambodia’s Road Improvement
The World Bank approved a US$100 million credit line on 17 July to support road infrastructure construction projects in Cambodia, targeting the local communities and the rural road system. The project entitled ‘Cambodia Road Connectivity Improvement Project’ aims to enhance rural communities’ access to critical services such as health centres, referral hospitals, schools and markets, […]
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Construction almost complete on 34 roads in Sihanoukville
After eight months of construction, the 34-road project in Sihanoukville is almost 100% complete, according to a National Committee for Coastal Management and Development of Cambodia press release dated 17 July 2020. The major parts of the project have almost finished, including the concrete road (99.92%), the drainage installation (100%), granite paving (59.99%), granite floor […]
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Government Establishing Inter-Ministerial Committee to Accelerate Phnom Penh-Bavet Expressway
Cambodian Prime Minister Samdech Hun Sen has signed an official decision establishing an inter-ministerial committee to accelerate the implementation of the Phnom Penh-Bavet expressway. According to Decision No. 75 SSR dated on 16 July, the Phnom Penh-Bavet Expressway project has already been studied and proposed by the China Railway International Group Co., Ltd, in the […]
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