Cambodia, Japan Join Hands to Boost Wastewater Management Nationwide

The Ministry of Public Works and the Japan International Cooperation Agency (JICA) in Cambodia have collaborated to promote the development of wastewater management and sanitation in Cambodia, according to a technical subcommittee on urban wastewater and sanitation meeting on 6 February.  The meeting focused on challenges such as the lack of human resources in the field of wastewater and sanita...

Read More

Construction of Monivong Flyover Pillars 11% Complete

The construction of the Preah Monivong flyover, the first circular flyover in Cambodia, has been 11% completed as the technical team is currently drilling 219 pillars on Samdech Techo Hun Sen Blvd and Preah Monivong Blvd.  Mr Sam Piseth, Director of the Department of Public Works and Transport of Phnom Penh, told BTV on 7 February that the construction company is currently drilling the foundati...

Read More

UK mulls investing more in energy & other sectors in Cambodia

UK investors want to boost investment in infrastructure in Cambodia, especially in the energy sector. The intention was expressed during the meeting between the Secretary of State of the Ministry of Mines and Energy HE Sok Khavan and representatives UK Infrastructure and Projects Authority (IPA) as well as the UK Embassy in Cambodia on 6 February. During the meeting, the UK expressed interes...

Read More

Construction of US$38m Koh Pic-Koh Norea Bridge 50% Complete

Construction of the bridge connecting Koh Pich city to Koh Norea is 50% complete as of early February 2023, according to OCIC representative Touch Samnang.  Mr Samnang told Construction & Property Magazine on Monday 6 February that the bridge construction is approximately 50% complete as the major tasks have been successfully completed.  He added that the overall construction project is ...

Read More

Saudi Arabia to Establish Embassy in Cambodia

Saudi Arabia has officially announced that a Saudi Embassy in Phnom Penh will be soon established to strengthen cooperation between the two nations.  Dr Osman Hassan, Senior Minister in Charge of Special Missions, met with Mr Mohammed Mbark Al Saefi, Advisor to the Ministry of Foreign Affairs of Saudi Arabia on 6 February to find a suitable location in Phnom Penh for the upcoming embassy.  T...

Read More

Gov’t Urges Hungary to Invest More in Cambodia as Bilateral Trade Up 84% Y-o-Y

Cambodia has asked Hungarian investors to study and explore more trade and investment opportunities in Cambodia, as the two countries' trade volume has increased significantly, reaching more than US$7 million in 2022.  This is according to the meeting between Secretary of State of the Ministry of Commerce HE Tek Reth and new Ambassador of Hungary to the Kingdom of Cambodia HE Dr Tibor Balogdhi ...

Read More

Customs Revenue at US$2.6bn in 2022; 5.9% Earned From Construction Sector

In 2022, the General Department of Customs and Excise of Cambodia collected 10,998.9 billion Riels or about US$2.6 billion, an increase of 18.3% compared to 2021, according to the announcement of the General Department on 3 February.  Revenue includes a value-added tax of 4,169.8 billion riels (37.9% of total revenue), a special tax of 4,151.6 billion riels (37.7% of total revenue), and customs...

Read More

Construction of Dara Sakor Int’l Airport 80% Complete

The construction of Dara Sakor International Airport is approximately 80% complete with final completion scheduled for  June 2023, according to the company's report.  Director of Dara Sakor International Airport Mao Keo Pich Chanmony told Construction & Property Magazine on 4 February, that the opening date is still uncertain.  He said that the remaining work includes the airport termina...

Read More

World Bank to Help Renovate 750km of Rural Roads in Eight Provinces

The World Bank will provide more funds to the Cambodian Government to upgrade and renovate a total of 750km of rural roads from 2023 to 2027 extending the World Bank’s active involvement in Cambodia's development.  After completing the first phase of the Disaster Management Project in Cambodia and Southeast Asia, on 31 January 2023, HE Ouk Rabun, Minister of Rural Development, and Ms Vica Rosar...

Read More

Royal Group Speeds Up Connection of 60km Submarine Power Line to Koh Rong

Royal Group Koh Rong Development Company, a subsidiary of the Royal Group, has invested in the construction of a submarine power line from the mainland to Koh Rong Island, where the company owns a number of resorts, hotels and an airport.  The construction of a 60km submarine power cable, a joint venture between the company and Electricité du Cambodge, started in September 2022.  “The 60-kil...

Read More