LEDs to enlighten Kampot Smart City
The Kampot provincial administration has unveiled plans to equip Kampot city with LED street lights as part of the future smart city development. The LED light project was raised in a meeting on 10 June chaired by H.E. Chev Tay, Kampot Governor and the representative of Minebea (Cambodia) a Japanese light technology company producing in Cambodia. According to the Kampot provincial administra...
Read MoreFree access to freshwater bathrooms planned for Sihanoukville beach
The Sihanoukvilleprovincial governor plans to build more than 20 restrooms and washing facilities along 9 kilometers of beach for tourists to use for free. H.E. KouchChamroeun, a provincial governor, said at a press conference on the “Progress and Continuing Direction of the Sihanoukville Province” on 09 June 2020 that his technical team has already finished the study on building more than 20re...
Read MoreH.E. Sun Chanthol: Don’t ask what Cambodia has done for you, ask what have we have done for Cambodia
“Don’t ask what Cambodia has done to us, ask what we have we done for Cambodia,” said H.E. Sun Chanthol, Minister of Public Works and Transport, as he urged all citizens to participate in building and maintaining national infrastructure achievements during his inspection visit on the quality and technical specifications of National Road 7 on 10 June 2020. With this statement, he requested all c...
Read MoreSihanoukville receives US$10 billion investment for tourism and hotel services
Sihanoukville has received a total investment of US$10 billion in tourism and hotel services, according to a report by the Sihanoukville provincial administration on 10 June 2020. To date, Sihanoukville province has a total of 194 investment projects worth US$30 billion in operation, in which 60 companies has invested in the tourism and hotel services worth more than USD$ 10 billion. H.E. Ko...
Read MoreAutomated brick factory to be commissioned in Kampot
An automated brick factory in Kampot province is scheduled to be commissioned in 2021, with production to feed the growing construction sector in the province. An investment by Gold Mountain Plaster Enterprise, the factory is to be equipped with a modern automated system capable of producing 800,000 units of bricks per day. According to the Kampot provincial administration, construction of t...
Read MoreStudy completed for bridge over Mekong in Kratie
The feasibility study for a bridge across the Mekong River connecting Kratie and Kompong Thom provinces has been completed and is now proceeding with a request for assistance from the Chinese government, according to Minister of Public Works and Transport during his inspection visit of National Road 7 (Kratie - Tbong Khmum). “I stand in Kratie province and I want to inform you that Samdech Hun...
Read MoreNew solar power station set for Koh Rong Sanloem Island
A new solar power station is set to be constructed on Koh Rong Samloem Island to supply the needs of the local population, according to a recent issue by Total Solar Cambodia. The 1.25 MW solar power project is to be located on Koh Rong Samloem Island and is constructed as a two stand-alone solar based micro-grids which can provide electricity to the people and local businesses on the island. ...
Read MoreDin Somethearith: Hotel business to recover soon
The hotel business will start to rebound soon as a large number of flight bookings are opening as normal and people will start to fly again after a long period of self-quarantine during the COVID-19 pandemic. According to Din Somethearith, a well-known hotel businessman in an interview with Freshnewson 08 June 2020, said that the hotel sector hopes to rebound in July as 50% of flights will resu...
Read MoreHow about if Cambodia uses oil wealth as a gate way to escape from economic crisis by COVID 19?
How could we come out from the predicting poverty ahead? We still remember the World Bank report predicting the Cambodia’s economic growth in 2020 will slow to between -1% and -2.9% and the poverty rises to between 3% and 11%. These figures are enough that one can see how severe the economic down will be especially the poverty that will be contributed to mostly for the garment workers, Give...
Read MoreThe Mekong River Commission delays discussions on Loa’s two hydropower projects
The Mekong River Commission has decided to delay decisions Laos' two hydropower projects on the Mekong River due to concerns over the environmental impact of Cambodia, Thailand, Vietnam and others around the Mekong. According to the announcement of the Mekong River Commission on June 5, 2020. The first hydropower project, the Luang Prabang hydropower project, has a capacity of 1,460 megawatts, ...
Read MoreCollective Investment Scheme – Cambodia
A Collective Investment Scheme (“CIS”), as defined by the law of Cambodia, is an investment structure where various individuals come together by pooling their money to invest in a particular asset in the form of fund collections, returns or profits earned by the investors as per their investment proportion agreement or as per the shareholding ratio between the investors. In 2018, Cambodia adopted...
Read MorePost COVID 19, Cambodia’s transport and public works redirect toward sustainability
Cambodia economy has felt great impact from the corona-virus outbreak. In the same tone with the world bank’s prediction of the minus 1% to 2.9% economic drop, the UN spell out similar tone that like many countries around the world, Cambodia faces a complex challenge to respond to the impact of Covid-19. This is according to the UN Resident Coordinator Pauline Tamesis said in a meeting of the i...
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