Construction Focus
Indonesia Sets Sights on Becoming Southeast Asia’s Leading Electric Vehicle & Battery Hub
Indonesia has declared its ambition to become the largest electric vehicle (EV) and EV battery hub in Southeast Asia, a move highlighted by the opening of the region’s first EV battery manufacturing facility last July, according to vietnamplus on 28 October 2024. This pioneering plant, a USD 1.1 billion joint venture between Hyundai Motor and […]
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Nearly 2,000 Local Associations and NGOs Registered in Cambodia Since 2015
Since the enactment of Cambodia’s Law on Associations and Non-Governmental Organisations in August 2015, a total of 1,961 local associations and NGOs have officially registered with the Ministry of Interior, according to Dr. Touch Sokheak, Deputy Spokesman of the Ministry of Interior, in a recent statement to Apsara News on 30 September 2024. Dr. Sokheak […]
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South Korea’s Gyeongbuk Technopark Sets Sights on Technology Park Collaboration in Cambodia
The Gyeongbuk Technopark Korea Innovation Centre is exploring collaboration opportunities with Cambodia’s Ministry of Industry, Science, Technology, and Innovation (MISTI) to invest in a high-tech innovation hub in Cambodia, aligning with the nation’s strategic development goals in smart agriculture, health, and green technology. This promising development was discussed on 28 October 2024 during a meeting […]
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Cambodia & China Unveil Strategic Digital Infrastructure Partnership to Drive Economic Growth
The Ministry of Industry, Science, Technology, and Innovation (MISTI) of Cambodia and the China-ASEAN Information Harbor (CAIH) have signed a pivotal Memorandum of Understanding (MoU), marking a significant advancement in digital infrastructure collaboration aimed at transforming economic development in Cambodia and the ASEAN region. The agreement, signed on 24 October 2024, is expected to enhance […]
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China Grants USD 20m on School Infrastructure & Education Improvement Project in Cambodia
In a significant step for Cambodia’s educational development, a USD 22.5 million project dedicated to improving school infrastructure and supplying educational materials was officially inaugurated at Hun Sen Peam Chi Kang High School in Kampong Cham province, under the presidency of PM Hun Manet on 26 October 2024 The ambitious project, primarily funded by the […]
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USAID Grants USD 55 Million to Cambodia, Prioritising Food Security, Health & Environment
The United States, through the United States Agency for International Development (USAID), has allocated over USD 55 million to strengthen Cambodia’s food security, environmental conservation, civil society, health, investment landscape, and demining efforts. This major funding package was detailed in a press release from USAID on 22 and 23 October 2024. Ms. Samantha Power, Director […]
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NRNo. 31 (Bek Kus – Kampot) Rehabilitation with 53km in Length Nears Completion, Achieving Almost 99% Progress
The extensive rehabilitation of Cambodia’s NR No. 31, covering a 53.54-km stretch from Bek Kus to Kampong Trach, is almost complete, reaching a 98.68% progress milestone as of 21 October 2024. This update was shared during a review meeting led by His Excellency Khan Ma Ne, Secretary of State and Director of the Rehabilitation and […]
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Bentley Systems Announces Winners of the 2024 Going Digital Awards
The company also recognises select projects with Founders’ Honors for advancing infrastructure VANCOUVER (Bentley Systems’ Year in Infrastructure 2024), October 9, 2024 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the winners of the 2024 Going Digital Awards. The annual awards honour the extraordinary work of infrastructure professionals and their […]
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Australia Invests USD 65 Million to Enhance Cambodia’s Economic Growth through CAPED Program
The Australian Government has committed approximately AUD 87 million (USD 65 million) in new grant funding to the Cambodia-Australia Partnership for Sustainable Economic Development (CAPED) program, aiming to bolster Cambodia’s economic resilience and growth. The announcement was made through a press release from the Ministry of Economy and Finance on 17 October 2024. The CAPED […]
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Cambodian Gov’t Reduces 2025 Budget to USD 9.32 Billion Amid Strategic Economic Planning
The Cambodian government has approved a 2025 budget bill totaling approximately 37.95 trillion riels (USD 9.32 billion), marking a reduction from the 38.83 trillion riels (USD 9.54 billion) allocated for 2024. The budget cut came as part of a strategic approach to economic planning. It was endorsed during a cabinet meeting chaired by PM Samdech […]
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