Local News
Japan Provides More Grant Aid for Infrastructure Development in Cambodia
he Japanese government has agreed to provide approximately US$600,000 in grant aid to build infrastructure in Pailin, Kampong Thom and Svay Rieng provinces, after also providing around US$500,000 last week for other development projects in five provinces. The grant contracts were signed on 19 March between Japan Ambassador to Cambodia HE Mikami Masahiro, and the recipients to carry out construc...
Read MoreGov’t Approves Seven Investment Projects Worth Over US$60 million
The Council for the Development of Cambodia (CDC) has officially approved private firms to invest in building six factories, and an aquaculture centre, worth a total budget of US$60 million in Takeo, Pursat, Svay Rieng, Kandal, Preah Sihanouk and Phnom Penh. The first investment permit has been granted to Yuan Shuo (Cambodia) Co., Ltd to invest US$2.2 million in building a factory to assemble e...
Read MoreSingaporean Firm Partners with WorldBridge Group to Set Up Central LPG Station in Cambodia
Singaporean firm Gas Union Gas Holdings has partnered with Cambodia Worldbridge Industrial Development (WBID) to form a joint venture to set up a central liquefied petroleum gas (LPG) source in Cambodia. The signing ceremony took place on 10 March. Meanwhile, official business activities and supply operations are scheduled to begin at the end of 2021. According to the agreement, both firms a...
Read MorePrivate Firm Mulls Establishing New Cement Factory in Kampong Speu
A private firm is conducting a feasibility study to build a new cement factory in Kampong Speu province. If built, the factory will be the first one in Kampong Speu and the sixth one nationwide. Kampong Speu Governor Vei Samnang said yesterday that the project is proposed in response to increasing the demand construction sector. “Given the availability of the natural resources in the provinc...
Read More20 Investment Projects Proposed for Kampong Speu Province
At least twenty new investment projects, mostly clothes and footwear factories, have been proposed to be built in Kampong Speu province in 2021, according to Kampong Speu Provincial Governor Vei Samnang. Governor Samnang told Construction & Property Magazine today that the investors are currently proceeding with their plans, but some of which are being disrupted by the ongoing COVID-19 pand...
Read MoreUS$4 billion Naga 3 Progressing, Set for Completion in 2025 Despite COVID-19 Crisis
Construction of the US$4 billion Naga 3 complex is progressing smoothly and is scheduled for completion in 2025 despite the COVD-19 crisis, according to NagaCorp’s report on 08 March. To date, construction is at the piling stage and being carried out by the Malaysian company Econpile. This firm has been engaged by Chinese firm MCCI as a sub-contractor to carry out works such as site clearance, ...
Read MoreGround broken on first river dam at Khmer – Thai border in Battambang
Ground was broken on the Mongkul Borei River dam, the first-ever dam built at the Khmer - Thai border area, on 04 March, marking another rural infrastructure development in Battambang province. The dam is located in Mneas Kal and Kampong Chamlong Krom village in Kamrieng district. The groundbreaking ceremony was presided over by Battambang Governor HE Nguon Rattanak and representatives of ot...
Read MoreCambodia, Singapore Officially Sign Agreement on Phnom Penh Logistics Centre Project
The Ministry of Public Works and Transport (MPWT) and Singapore's YCH and Infrastructure Asia (IA) officially signed a framework agreement on the Phnom Penh Logistics Centre on 04 March. As a result, Cambodia has decided to select Singapore's YCH and Infrastructure Asia (IA) as private partners to study and develop the Phnom Penh Logistics Centre project. Meanwhile, the Ministry of Public Wo...
Read MoreNew Borey Project to Boost Economic Potential of Dangkor District
Advertorial A large Borey project in Dangkor district Ti Leang Dangkor Green Park has recently announced a new brand ambassador, former Miss Universe 2018 Roeun Nath, together with its news mission to boost the Dangkor district economic potential to the highest extent possible. Located on Prey Sar Road, this new Borey will be constructed on over 20 hectares of land. Besides having many varie...
Read MorePhnom Penh-Sihanoukville Expressway Takes Another Step Toward Completion
Paving on the Phnom Penh-Sihanoukville Expressway is set to begin soon, while the whole project at this stage is approximately 40% complete. According to the official Facebook page of the Phnom Penh-Sihanoukville Expressway, on 02 March, the team has just completed the asphalt paving (ATB-25) on the sample section. Soon, the engineers will start the overall paving process, which marks another s...
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