ADB Invests USD 80 Million in Climate-Resilient Schools to Transform Cambodian Education
To strengthen Cambodia’s secondary education sector, the Asian Development Bank (ADB) has approved a USD 80 million loan dedicated to constructing climate-resilient school buildings and expanding educational resources across the nation. This update was confirmed in a press release from the Angkor Institute on 31 October 2024. This initiative aims to address Cambodia’s low high […]
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Cambodia Launches 250 km Border Ring Road with Nearly USD 27 Million in People-Driven Funding
Cambodia has commenced construction on a 250-kilometre border ring road funded by the Foundation for Border Infrastructure Development (FBID), backed by nearly USD 27 million in donations. Officially launched on 1 November 2024, this crucial infrastructure project is expected to be completed by April 2027, according to HE Kim Bunthan, Chairman of the FBID, at […]
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Blyncsy Publishes Map of U.S. Interstate Highways Showing Roadway Assets to Enhance Safety, Maintenance, and Accelerate the Digital Infrastructure Movement Nationally
Blyncsy empowers state DOTs with the ability to monitor and compare—in near real-time—the status of any major highway in the continental U.S. with their existing data for more informed decision-making. PHILADELPHIA — 2024 AASHTO Annual Meeting & Expo — October 29, 2024 — Blyncsy, a Bentley Systems Inc. (Nasdaq: BSY) company, today announced it published a comprehensive public […]
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In 10 Months, Cambodia Earns Over USD 37 Million from Angkor, Koh Ker, and Boating Tickets
From January through September 2024, Cambodia generated USD 36,824,852 in ticket sales from Angkor, Koh Ker, and boat rides—a substantial revenue gain that reflects the country’s appeal to international visitors. This information was reported by the Angkor Institute on 1 October 2024. The data indicates that, during these ten months, 774,203 foreign tourists purchased tickets […]
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Cambodian Gov’t Revitalises 165 Stalled Projects in Sihanoukville in Record 10 Months
The Cambodian government has tackled 165 previously stalled projects within just ten months, spurred by the Sihanoukville Investment Promotion Team’s special incentive programme, initiated by Prime Minister Hun Manet on 31 January 2024 and active through October 2024. According to an announcement on 24 October 2024 from the official task force’s Facebook page, the revitalised […]
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NR No. 10 Rehabilitation Nears Completion with 93% of Work Done and the Tallest Bridge Reaches 79% on Track for Operation in June 2025
By the end of October 2024, construction on Cambodia’s NR No. 10—a crucial route connecting the provinces of Koh Kong, Pursat, and Battambang—has reached an impressive 92.94% completion. Along this route, the tallest bridge, spanning 530 meters, has progressed to 79% completion and is set to be fully operational by June 2025, as reported by […]
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Phnom Penh-SHV Expressway to Implement Full Toll Rates from 1 November
The Phnom Penh-Sihanoukville Expressway Company has confirmed it will transition to full toll rates beginning 1 November 2024, concluding a 20% discount period that will end at 00:00 on 31 October. This was detailed in the company’s official announcement, dated 31 October 2024. In continued support of smoother travel, the expressway company will offer Electronic […]
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China’s Sailun Group to Launch $110 Million SEZ in Kampot Province
Chinese tyre manufacturing giant Sailun Group has announced plans to develop an industrial park named the “Cambodia Kampot Special Economic Zone Project” (Kampot SEZ) in Cambodia, backed by an impressive $110 million investment. The new venture will be managed by a wholly-owned subsidiary, Kampot Bay Investment Co., Ltd., established specifically to implement the Kampot SEZ […]
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Major Wastewater Treatment Project to Begin on 30 Hectares in Takhmao City
The Ministry of Public Works and Transport has announced an ambitious plan to construct a comprehensive wastewater treatment system over a 30-hectare site in Prek They Village, Roka Khpos Commune, Takhmao City, Kandal Province. The project, which received formal approval during a meeting on 29 October 2024, will be managed under the guidance of HE […]
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Phase 2 of Moradok Techo Flyover Set for Early Completion by February 2025
The Moradok Techo flyover project in Phnom Penh is on track to complete Phase 2 ahead of schedule, with finalization now anticipated by February 2025. This accelerated timeline follows the temporary opening of Phase 1, inaugurated on 1 April 2024, to help ease traffic flow and facilitate commuter movement, as shared by Mr. Keut Chhae, […]
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Cambodia & South Korea Forge Strategic Alliance to Drive Investment Cooperation
The Council for the Development of Cambodia (CDC) and the South Korean Embassy in Cambodia convened their inaugural public-private sector dialogue on 24 October 2024 to strengthen investment cooperation. Led by HE Sun Chanthol, Cambodia’s First Deputy Prime Minister and Vice President of the CDC, alongside HE Park Jung Wook, the Ambassador of the Republic […]
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Cambodia’s Construction Investments Struggle to Recover as 2024 Sees Significant Drop
Cambodia’s construction sector continues to face a challenging period, with approved investment projects in 2024 falling to about 2,190, valued at under USD 4 billion, a stark contrast to the nearly 4,841 projects worth approximately USD 12 billion in 2020. The latest report from the Ministry of Land Management and Urban Planning, presented by CBRE […]
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