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ខ្មែរ 
Australia Supports World’s Biggest Solar Farm to Power Singapore
- 23 September 2020
The Australian government has approved in principle construction of the world’s biggest solar farm in Australia’s Northern Territory (NT) with the electricity to be sent via a 3,700-km-long undersea cable to provide 20% of Singapore’s annual power needs. The US$15.7 billion, the 12,000-hectare solar farm will big enough to be visible from space, according to project developer Sun Cable, with th...
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Win-Win Memorial Parks 94% Complete
- 23 September 2020
The Win-Win Memorial Parks project is now 94% complete and is scheduled for full completion in November, further to a site inspection by General Commissioner of the National Police General Neth Savoeun on 22 September. The completed parts include the construction of the foundations, the structure of the memorial, the decoration with Khmer traditional styling, as well as the placement of copper ...
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Cambodia Constructors Association Urges Government to Cut Construction Permit Red Tape
- 23 September 2020
The Cambodia Constructors Association (CCA) and private firms in the construction and real estate sector have urged the government to cut some of the complicated and unnecessary procedures when applying for construction permits to attract new investors and ease the business environment in Cambodia. The proposal was made during a meeting between the Ministry of Economy and Finance (MEF) with the...
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30-megawatt Solar Power Plant in Pursat Goes Online
- 22 September 2020
A 30-megawatt solar power station in Pursat province has started generating power to the national grid, while three other approved projects are set to generate power by late 2020. Located in Krakor district, the project was approved by the government in April last year, and implemented by Schneitec Infinite Co Ltd with an investment value of US$29 million. The power from the station has been...
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US$17 million Steel Recycling Plant to Open in Kampong Speu
- 22 September 2020
A steel-processing plant, which uses recycled steel and metal scraps to produce finished steel products, is soon set to open in Kampong Speu province to help contribute to domestic supply and reduce steel imports. Located in Oudong district, the US$17 million project is to be an investment by Chinese firm Hong De Sheng (Cambodia) Steel Co., Ltd. The firm will use the metal scraps collected from...
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US-China Fight over Union Development Group Could Harm Cambodia’s FDI and Real Estate Market
- 21 September 2020
Economists, analysts, and real estate experts are concerned that the geopolitical fight between US and China over the Union Development Group (UDG) in Cambodia could hurt Cambodia’s Foreign Direct Investment (FDI) and real estate market, especially in Koh Kong province. On 15 September, the US Treasury Department issued a statement imposing sanctions on the UDG and its US$3.8 billion Dara Sakor...
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Myanmar Divides “New Yangon” To Generate Investor Competition
- 21 September 2020
Photo by UK-ASEAN Business Council The government of Myanmar has divided its “New Yangon City” commercial development project to generate competition against the giant Chinese-government backed contractor responsible. New Yangon City was planned as an 8,100-hectare industrial-commercial zone on the Yangon River costing around US$8bn. Conceived by Aecom, two bridges, a 13-sq-km industrial es...
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Finnish Company to Operate 200-MW Solar Power in Cambodia
- 21 September 2020
Finnish technology company Wärtsilä has signed an agreement with Electricite du Cambodge (EDC) on the C7 power plant project in Phnom Penh, to maintain a five-year supply of electricity in Cambodia, according to the Power Engineering website on 17 September. Under this agreement, a supplier of electrical engineering SchneiTec will be in charge of implementing the project. The agreement aims ...
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Contracts Awarded for Philippines Rail Project
- 19 September 2020
The government of the Philippines has awarded civil engineering projects worth a total of US$728 million to international firms for the initial construction phase of the 51km Malolos–Clark Railway which part of the Philippines’ long-term plan to boost connectivity and regional economic growth by linking Clark International Airport and the planned economic zone of New Clark City, 80km northwest of ...
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Home Fitness Refined
- 19 September 2020
SEARA understands what matters most when you are considering purchasing a single piece of home equipment or building a complete home gym. Along with having the right fitness solutions, we also know that having the basic knowledge of the benefits from your exercises combined with helpful recommendations from industry experts and finally staying consistent with your exercises are key factors towards...
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Fewer Occupants Seen in Rental Shophouses
- 18 September 2020
By Eric Wong Chon Lap Many shophouses have signs looking for new tenants, as the commercial real estate market in Phnom Penh feels the brunt of COVID-19 which has brought a sharp decline in investment volumes and rental prices. Shophouses in Cambodia are usually 2-3 storey buildings together with ground floor spaces, usually rented out by dental clinics, offices, travel agencies or other bus...
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Bentley Systems’ Acceleration Fund Announces the Launch of Virtuosity, a Bentley Company
- 18 September 2020
Photo: Allan Murphy, Virtuosity CEO Bentley Systems, a leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, on July 9 announced that its Acceleration Fund has invested in launching Virtuosity, a Bentley company. Virtuosity exclusively offers Virtuoso Subscriptions that bundle — with a Bentley in...
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