Vietnam Approves US$10.5bn Budget to Build & Upgrade Over 4800km Railway System
The Vietnamese government has approved a budget of US$10.5 billion to build and upgrade16 railway lines with a total length of 4,800km nationwide over the next 10 years. The plans, announced by Deputy Prime Minister Le Van Thanh, envisage the renovation and upgrading of seven lines with a total length of 2,400km and the construction of nine new routes with a similar length of track, the Global ...
Read MoreSolar Power to Account for 20% of Energy Supply by 2023
Seven solar PV projects with a total power of 495 mW are expected to be put into operation by 2023, which will account for approximately 20% of the kingdom’s energy supply. HE Ith Praing, Permanent Secretary of States at the Ministry of Mines and Energy, said this in the Singapore-IRENA High-Level Forum on 26 October. He added that solar energy currently shares only 9% of the country’s power...
Read MoreCambodia, Three Other Countries to Jointly Conduct Research on Sustainable & Affordable Energy
Cambodia is ready to cooperate with partners such as the UK, Australia, and Russia in conducting research on safe, sustainable, and affordable energy sources, aiming at helping mitigate the climate change issue. The remarks were made by HE Say Sam Al, Minister of Environment, during a meeting held here on 26 October with Ms Tina Redshaw, British Ambassador to Cambodia. “For the matter of cli...
Read MoreCambodia Endorses Solid Waste Recycling & Energy Projects
The Ministry of Environment has supported the Global Green Growth Institute (GGGI) on a project to study the feasibility of converting solid waste into fossil fuels in the form of refuse-derived fuel in Cambodia. The topic was discussed during a virtual meeting between HE Say Sam Al, Minister of Environment, and Mr. Frank Rijsberman, Director General of the Global Green Development Institute (G...
Read MoreOddar Meanchey’s State Land Encroachers Told to Demolish Construction, or Face Legal Action
The Samraong Municipality Administration of Oddar Meanchey province has ordered all the state’s land encroachers in Sangkats Bansay Reak and Samraong to demolish their illegal construction within 10 days starting from 26 October onwards; or otherwise face severe legal action. The demolition order came after the municipality’s working group observed that some landowners in the above Sangkats had...
Read MoreJapan to Complete Siem Reap Smart City Planning in 2022
The Japan International Cooperation Agency (JICA) will complete the planning for the Siem Reap smart city project by early 2022, according to a follow-up meeting between the provincial administration and JICA on 26 October. Siem Reap Deputy Governor Ly Samrith said that the provincial administration had requested JICA to help study this project since 2019. In 2020, JICA sent its study team to c...
Read MoreHigh-Rise Buildings in Cambodia Set to Follow New Fire Protection Rules
The Ministry of Interior has issued a new Prakas to strengthen regulations on fire protection systems in high-rise buildings and building with basements, after months of discussions on the draft. According to Prakas No. 2644 dated 19 October 2021, the new regulation also established two special teams to prevent, monitor, and extinguish fires in target buildings and in villages, communes and san...
Read MoreH&M to Use Latest Textile Recycling Technology at Cambodian Factories
Swedish fashion retailer Hennes & Mauritz (H&M) is planning to use state-of-the-art textile technology to recycle and blend textiles at its factories in Cambodia. Named Green Machine, it is cutting-edge and the world’s first technology that can recycle blend textiles at scale. The technology is developed by the Hong Kong Research Institute of Textiles and Apparel Limited (HKRITA) and...
Read MoreConstruction of Chroy Changvar – Svay Chrom Bridge Could Begin Next Year
Construction of the Chroy Changvar-Svay Chrum bridge could begin next year, as the government has listed this project in the prioritized list for the 2022 spending plan, according to the draft law on financial management 2022 of the Ministry of Economy and Finance. The draft law states there are seven prioritized infrastructure development projects to be implemented next year's spending plan (t...
Read MoreImpacts of Government Bonds on Economy & Real Estate Market
The Cambodian government has recently announced a plan to issue bonds worth over US$300 million next year. Though the government did not disclose the detail on how the bond funding will be used, priority sectors such as infrastructure development will be one of those included in the spending list. (Read more) This plan has raised a lot of doubts to the public whether or not it would create a fi...
Read MorePower to Resolve Real Estate & Pawnshop Disputes Transferred to New Gov’t Body
Power to resolve disputes related to the real estate business and pawnshop business has been transferred to a new responsible government’s body known as the Real Estate Business & Pawnshop Regulator (REBPR). The power transfer was undertaken based on the 2020 Prakas related management of real estate business which was announced by REBPR on 26 October. According to the announcement, the p...
Read MoreFive New Development Masterplans Approved for Bokor National Park
The masterplan and development plans for five small-scale ecotourism investments in Bokor National Park was officially approved at the review meeting on Monday 25 October. The approval of these projects was co-decided by the Ministry of Environment, Kampot Provincial Administration, Department of Environment, Department of Land Management, Urban Planning, Construction, and Cadastral Office of K...
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