Construction Focus
In Nine Months, Cambodia Secures Over USD 1 Billion in Credit Agreements to Drive National Development
Cambodia’s government signed new credit agreements totaling USD 1.07 billion in the first nine months of 2024, representing a 7% increase compared to last year. These funds support key development priorities, including infrastructure and economic productivity. This progress was detailed in a Ministry of Economy and Finance report released on 10 December 2024. In the […]
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Cambodia to Establish 230 Model Villages by 2028 as Part of Rural Development Strategy
The Ministry of Rural Development has unveiled a visionary plan to develop 230 model villages throughout Cambodia by the end of 2028, an initiative to transform rural communities through sustainable and inclusive growth. The announcement was made on 10 December 2024 during a certificate-awarding ceremony recognizing 30 exemplary villages for meeting high development standards. HE […]
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Bentley Systems: Open Data Ecosystems to Advance Infrastructure Engineering
At its Year in Infrastructure conference, Bentley highlights the value of open data ecosystems to improve infrastructure resilience and sustainability VANCOUVER (Bentley Systems’ Year in Infrastructure 2024) — Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, unveiled its vision for open data ecosystems to advance infrastructure engineering at its annual Year in Infrastructure […]
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Twin Flyover Construction in Phnom Penh Reaches 25% Completion, Targeting June 2025 for Full Operation
The construction of twin flyovers along Phnom Penh’s 60-metre boulevard at the intersection of National Road 2 has achieved 25% completion, a significant milestone for the project designed to enhance connectivity between Phnom Penh and Kandal province. This progress, reported by HE Keut Chhe, Deputy Governor of Phnom Penh, was shared on 10 December 2024, […]
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Over 20 Years South Korea Provides Over USD 2 Billion in Loans Boosting Cambodia’s Infrastructure Development
South Korea has provided over USD 2 billion in loans to Cambodia over the past two decades, significantly advancing key sectors such as transportation, healthcare, irrigation, and water supply. The funding, channeled through the Economic Development Cooperation Fund (EDCF), has played a pivotal role in Cambodia’s economic growth and infrastructure modernization. This milestone underscores South Korea’s long-term commitment […]
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Sixteen U.S. Investment Firms Explore Cambodia’s Technology, Agro-Industry & Education Sectors
In a major boost to Cambodia’s economic landscape, 16 leading U.S. investment companies visited Cambodia from 9 to 13 December 2024 to explore investment opportunities in technology, agro-industry, and education—sectors poised for significant growth. The delegation’s visit, marked by high-level meetings with government officials and business leaders, highlights Cambodia’s rising profile as an attractive investment […]
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Cambodia Issued New Wastewater Law Outlining Strategic Plan for Wastewater System Development to Ensure Sustainability
The Cambodian government has identified five priority areas to advance the planning and development of wastewater systems, a key initiative aimed at boosting public welfare and ensuring environmental sustainability. The announcement follows the enactment of the Law on Wastewater System on 22 November 2024, a comprehensive legal framework comprising 16 chapters and 113 articles. The […]
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Bentley Systems Announces Generative AI Game-Changer for Civil Site Design
Company unveils first-to-market AI-powered civil engineering application that delivers optimized, accurate site designs up to 10 times faster than traditional methods VANCOUVER (Bentley Systems’ Year in Infrastructure 2024) – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced new generative AI capabilities for civil site design, including a design copilot, site layout […]
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Phnom Penh’s New University of Health Sciences Hospital: A Vision for Modern Healthcare Begins Construction
In a landmark development for Cambodia’s healthcare sector, the construction of the University of Health Sciences Hospital has officially commenced, backed by a substantial USD 67 million loan from South Korea. The ground-breaking ceremony, led by PM Hun Manet on 10 December 2024, marks a pivotal moment in enhancing medical services within the nation. Strategically located along the scenic Phnom […]
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ADB Approves USD 173 Million to Strengthen Climate-Resilient Irrigation in Cambodia
The Asian Development Bank (ADB) has approved a USD 173 million funding package to boost climate-resilient irrigation systems across Cambodia, with the aim of modernizing infrastructure and enhancing sustainable water resource management. This significant announcement was made in a press release on 9 December 2024, underscoring Cambodia’s ongoing commitment to tackling climate change challenges. The […]
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