Construction Focus
Driving Economic Expansion: Private Companies Infuse US$16 Million to Establish Three State-of-the-Art Factories in Svay Rieng
The Council for the Development of Cambodia (CDC) has issued investment project registration certificates to three dynamic companies, marking a major stride towards economic growth and job creation in Svay Rieng province. The CDC’s publication on June 9, 2023, unveiled the exciting news of private enterprises committing a total investment of US$16 million to establish […]
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Pioneering the Future: Gov’t Establishes Inter-Ministerial Working Group to Drive Prek Chek Funan Techo Project
The Cambodian government has taken a significant stride towards the nation’s progressive development by establishing an inter-ministerial working group dedicated to implementing the visionary “Prek Chek Funan Techo” navigation road project. This momentous decision was formalized through decision No. 42, dated June 7, 2023. Comprising a total of 35 esteemed members, the inter-ministerial commission is […]
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Elevating Economic Ties: Cambodia and UAE Forge Comprehensive Economic Partnership Agreement
In a momentous stride towards enhancing economic cooperation and fostering greater investment opportunities, Cambodia and the United Arab Emirates (UAE) have officially signed a Comprehensive Economic Partnership Agreement (CEPA). The signing ceremony, presided over by Samdech Hun Sen, Minister of Cambodia, witnessed the presence of HE Pan Sorasak, Minister of Commerce, and HE Thani Bin […]
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Cambodia and Japan Collaborate on Logistics System and Bavet Border Crossing Expansion
In a significant stride towards enhanced connectivity and trade facilitation, the Ministry of Public Works and Transport (MPWT) of Cambodia has joined forces with Japan International Cooperation Agency (JICA) to embark on Phase II of the Cambodia Logistics System Improvement Project (CLIP2). Furthermore, they have unveiled plans to establish a new border crossing at Bavet, […]
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Two Giant companies Jointly Introduce Cambodia’s First Seaplane Service
In a remarkable partnership that paves the way for unprecedented travel experiences, the esteemed Royal Group, led by Nak Oknha Kith Meng, has joined forces with Chinese-Hong Kong company Seaplane Asia Limited to establish Cambodia’s inaugural seaplane service. This groundbreaking collaboration was revealed through a social media post by Mr. Phan Natt on June 9, […]
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Techo Santepheap National Hospital Achieves Full Completion, Set for Imminent Inauguration
In a significant milestone for Cambodia’s healthcare sector, the remarkable Techo Santepheap National Hospital, boasting an impressive capacity of 10,000 beds, has reached its culmination, reaching 100% completion. The official inauguration of this groundbreaking medical facility is scheduled to take place in the near future, heralding a new era of advanced healthcare services in the […]
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Expansion on the Horizon: The Fourth Expressway to Propel Connectivity in Northeast Cambodia
During the signing ceremony of the framework agreement for the Phnom Penh-Siem Reap-Poipet Expressway, a monumental milestone in Cambodia’s infrastructure development, HE Sun Chanthol, Senior Minister and Minister of Public Works and Transport, unveiled the visionary plan of Cambodian government to construct the fourth expressway, extending from Phnom Penh to the provinces in the Northeast […]
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Road No. 312 worth US$24 million in Prey Veng province is officially groundbreaking
The Ministry of Public Works and Transport (MPWT) has opened a site to upgrade the quality of repair and maintenance of Provincial Road 312, a strategic road in Prey Veng province, at a cost of more than US$ 24 million. Samdech Krala Hom Sar Kheng, Deputy Prime Minister, and Minister of Interior, presided over the […]
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PM Hun Sen Facilitates UAE Investment in Cambodia’s Thriving Oil Sector
In a significant development for Cambodia’s burgeoning oil and gas industry, Samdech Hun Sen, PM of Cambodia, has successfully attracted investors from the United Arab Emirates (UAE) to explore investment opportunities within the country’s oil and gas sector. During an insightful dialogue with dedicated garment workers in Kampong Chhnang province on June 9, PM Hun […]
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Naga 3 worth nearly US$4b Rescheduled for Completion in 2029
Naga 3 construction project in Phnom Penh, with an estimated value of nearly US$4 billion, has been rescheduled for completion in 2029, according toa recent announcement by Naga Corp Ltd. on June 4, 2023. This decision has been necessitated by a confluence of external geopolitical and macroeconomic factors, as well as the prevailing global inflationary […]
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