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ខ្មែរ Construction Focus
Gov’t Urges Hungary to Invest More in Cambodia as Bilateral Trade Up 84% Y-o-Y
- 6 February 2023
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 ...
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Customs Revenue at US$2.6bn in 2022; 5.9% Earned From Construction Sector
- 4 February 2023
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...
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Construction of Dara Sakor Int’l Airport 80% Complete
- 4 February 2023
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...
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World Bank to Help Renovate 750km of Rural Roads in Eight Provinces
- 4 February 2023
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...
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Royal Group Speeds Up Connection of 60km Submarine Power Line to Koh Rong
- 3 February 2023
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...
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New Medical Building Worth Approx. US$200K in Kampong Chhnang Inaugurated
- 3 February 2023
A new medical building along with new equipment at the Kampong Chhnang Provincial Referral Hospital has been officially inaugurated. The inauguration ceremony was presided over by the Deputy Governor of Kampong Chhnang Province Mr Yin Saven on 1 February. Worth nearly US$200,000, the new building is equipped with two dialysers, one water purifier, and one ultrasound machine. This new b...
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JICA-funded Water Supply Station in Sangkat Niroth Set for Construction in 2024
- 3 February 2023
The third phase of the Sangkat Niroth treatment plant with a capacity to produce water up to 130,000 cubic metres per day is set for construction in 2024. The agreement between Phnom Penh Water Supply Authority and JICA was signed on 2 February 2023. HE Long Naro, Director General of Phnom Penh Water Supply Authority, said that the Niroth Water Treatment Plant Phase 3 is under the financi...
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Construction of New Road Connecting Bokor to NR4 74% Complete
- 3 February 2023
As of February 2023, the construction of a new road connecting Bokor National Park to NR4 with a total length of 61km, has been approximately 74% completed, according to a Sokha Real Estate announcement on 1 February. This new road connecting to NR at km 158 + 200 from Bokor Mountain passes through the economic land concession of the palm plantation of Okhna Mong Reththy. The cost of the ...
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Gov’t Accelerates Construction of Sports Village for SEA Games
- 2 February 2023
The government is now speeding up construction on the sports village, which will be used as the residence for all athletes during the upcoming 32nd Southeast Asian Games 2023, said HE Vath Chamroeun, Secretary General of the National Organising Committee of the Southeast Asian Games, on 31 January. The sports village will host between 6,000 to 7,000 athletes. According to the plan, by the end ...
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Gov’t to Set Up Five More Business Centres in China Similar to One in Japan
- 2 February 2023
The Ministry of Commerce plans to establish five more Cambodian private business centres in China, with one such centre operational in Japan, according to the Ministry of Commerce on 31 January. The establishment of these five centres is to further promote the sale of Cambodian products in the Chinese market. The five centres will be in Changchun, Harbin, Nanjing, Taiyuan and Zhengzhou, Ch...
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