Local News
Rapid Progress of Riverbank Construction in Kampong Cham Achieves 65%
In a remarkable display of swift action and engineering prowess, the construction of a vital riverbank in the Srey Santhor district has surged ahead, reaching an impressive 65% completion in under a month. The project in Moan Dob Leu village, Meanchey commune, commenced on 23 December 2024, following the alarming collapse of the Mekong River […]
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Evercore Focuses on Clean Energy Investment in Cambodia
The Global investment banking firm Evercore is interested in investing in Cambodia’s clean energy sector. During a meeting on 8 January 2025 between Prime Minister Hun Manet and Evercore Asia President Keith Magnus, the firm also expressed interest in the country’s emerging sectors, including energy, health, and tourism. Magnus emphasized Evercore’s operations and its intention […]
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Kampong Cham Province Achieved Significant Infrastructure Development in 2024
Kampong Cham province completed over 119 kilometers of road construction in 2024 in a remarkable stride towards improving its infrastructure. This achievement was announced by HE Un Chanda, Governor of Kampong Cham Province, during a press conference. During the year 2024 alone, the province welcomed 27 projects aimed at developing DBST (Dense Bituminous Surface Treatment) […]
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ADATA Technology Eyes Electric Car Factory Investment in Cambodia
In a significant development for Cambodia’s green industry, well-known Taiwanese tech company ADATA Technology Co., Ltd. is exploring opportunities to invest in an electric vehicle manufacturing plant in the country. During a meeting held on 2 January 2024, HE Dr Eang Sophalleth, the Minister of Environment, welcomed Mr. Simon Chen, CEO of ADATA Technology. The […]
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Cambodia Adopts 36 New National Standards to Boost Investment and Local Industry
In a significant move to attract investment and enhance local industrial capabilities, Cambodia’s National Standards Council has approved 36 new national standards following a comprehensive review of 41 proposals. Minister Hem Vandy announced the decision during the Council’s 29th meeting on 26 December 2024 at the Ministry of Industry, Science, Technology, and Innovation. During the […]
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Major Progress Made on Flood Prevention in Western Phnom Penh
In a significant step towards mitigating flooding in western Phnom Penh, the ambitious drainage and drainage system restoration project has reached a milestone, now standing at 50.50% completion as of 5 January 2025. This essential infrastructure initiative, spearheaded by the General Department of Wastewater Treatment System under the Ministry of Public Works and Transport, aims […]
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National Road 7 Expansion Project Progresses, Reaches 28.76% Completion
In a significant step towards enhancing Cambodia’s infrastructure, the ambitious project to restore and expand National Road No. 7 has reached an impressive 28.76% completion as of early January 2025. This major development was confirmed during a thorough inspection led by HE Lim Sidenin, Secretary of State of the Ministry of Public Works and Transport, […]
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Cambodia’s Construction & Real Estate Loans Surge Past USD 20 Billion
In a striking development for Cambodia’s economy, construction and real estate loans have exceeded USD 20 billion, signaling a robust growth trajectory within these critical sectors. According to a recent report from the National Bank of Cambodia, banking and financial institutions have provided a staggering 81.748 billion riels, equivalent to approximately USD 20.1 billion in […]
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Progress Report: National Road No. 48 Restoration Nears Completion
The restoration and upgrade of National Road No. 48, stretching 148 kilometers from Sre Ambel to Koh Kong, has reached an impressive 78% completion as of the beginning of 2025, according to a statement from HE Phorn Rim, Spokesman of the Ministry of Public Works and Transport. The ambitious project, which commenced on January 3, […]
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Major Infrastructure Development Takes Shape in Kandal Province
The China Road and Bridge Corporation (CRBC) is swiftly constructing a temporary steel bridge in Kandal province to facilitate drilling for a vital clay-stone bridge. HE Phorn Rim, the Ministry of Public Works and Transport spokesman, confirmed that this project aims to improve connectivity between the eastern outskirts of Phnom Penh and Xi Jinping Boulevard. […]
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