Construction Focus
Monument Aux Morts Reconstruction in Phnom Penh Nears Completion at 75%
The meticulous reconstruction project of the “Two Statues,” dedicated to honoring the heroes of World War I from 1914 to 1918, has made significant progress, reaching an impressive 75% completion. This update was shared by HE Ly Raksmey, Secretary of State of the Ministry of Land Management, Urban Planning, and Construction, on May 15, 2023. […]
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PM Proposes Study on Agricultural Wholesale and Retail Markets to Boost Farmers’ Opportunities
In a move to enhance market access for farmers and provide a platform for selling their agricultural produce, Samdech Hun Sen, the Prime Minister of Cambodia, has suggested conducting a comprehensive study on the establishment of wholesale and retail markets for agricultural products across the capitals and provinces. During the graduation ceremony of agricultural graduates […]
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Progress Update: National Road No. 48 Rehabilitation Reaches 25% Completion
The ongoing rehabilitation and improvement project of National Road No. 48, spanning a length of 148 kilometers, has achieved a significant milestone, with completion reaching 25.57% as of April 2023. This noteworthy progress was reported following a site inspection conducted by Lok Chumteav Mithona Phuthong, the Governor, and Mrs. Inary Net, the Deputy Governor of […]
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Cambodia’s Enterprise Registration Surpasses Milestone with Nearly 20,000 Businesses Registered
The number of registered enterprises with the Ministry of Labor and Vocational Training has reached an impressive figure of 17,102. This announcement came during a talk program held on May 14, 2023, where Dr. Ith Sam Heng addressed 3,713 individuals representing 384 factories across various districts in Phnom Penh. The registered enterprises collectively provide employment […]
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Dara Sakor Int’l Airport to Redelay, Siem Reap Starts Flight Validation
Siem Reap Angkor International Airport has started flight validation while Darasakor International Airport will be delayed opening once again due to some issues. According to H.E. Tek Reth Samrech, Minister Delegate to the Prime Minister, the Siem Reap Angkor International Airport has been testing its flight validation. Siem Reap Angkor International Airport will be officially […]
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Strengthening Economic Ties: Indonesia Commits to Infrastructure Development in Cambodia
Indonesia’s President Joko Widodo has reaffirmed his nation’s commitment to bolstering economic cooperation and contributing to infrastructure development in Cambodia. The Indonesian news agency ANTARA reported this significant announcement on May 10, 2023, highlighting the president’s intention to strengthen ties between the two countries. During bilateral talks held on the sidelines of the 42nd ASEAN […]
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IMF Forecasts Strong Economic Growth in Cambodia’s Key Sectors for H2 2023
The second half of 2023 is set to witness robust economic growth in Cambodia, driven by four key sectors, according to Mr. Davide Furceri, Chairman of the new IMF Mission. During a meeting with HE. Aun Porn Moniroth, Deputy Prime Minister and Minister of Economy and Finance, on 9 May 2023, Mr. Furceri highlighted the […]
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GGGI Collaborates to Develop Low-Carbon Transport Strategy for Cleaner Air in Siem Reap
The Global Green Growth Institute (GGGI) has embarked on a collaborative endeavor to establish a roadmap for a low-carbon transportation strategy aimed at combating air pollution in Siem Reap. The project, launched on 5th April 2023 and supported by the French Development Agency (AFD), spans a duration of two years. An integral component of this […]
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World Bank Commits $60 Million to Enhance Solid Waste and Plastics Management in Cambodia
The World Bank Board of Executive Directors has granted approval for a significant $60 million credit from the International Development Association to support Cambodia in improving its solid waste and plastic management systems. This vital project will also receive co-financing of $3 million from the PROBLUE Trust Fund. In an official press release issued on […]
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Chinese Experts to Assess Potential for New Energy Power Plants in Sihanoukville and Koh Kong Provinces
At the end of May 2023, a team of Chinese experts from the China Development Institute (CDI) will embark on a visit to Sihanoukville and Koh Kong provinces, with the aim of exploring opportunities for the construction of new energy power stations, focusing on solar and wind energy. This significant development was announced by Mr […]
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