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ខ្មែរ Construction Focus
Thailand Pledges to Finish US$12 Billion High-Speed Rail Link to China by 2028
- 9 July 2022
Thailand has pledged to complete its part of a much-delayed high-speed rail system linking the country to China through Laos by 2028, which is a link to Yunnan, China via Nong Khai, Laos, according to Bloomberg published on 06 July 2022. Thailand will complete the first of two stages of construction, and expects a test run by 2026 and the official launch the following year, budgeted at US$12 bi...
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EU Plans Investment in World’s Tallest Dam to Dent Russia’s Energy Clout
- 7 July 2022
The European Union plans to become the top investor in the world's tallest dam in Tajikistan, EU officials told Reuters, in a move aimed at helping Central Asia cut its reliance on Russian energy and part of the EU's answer to China's Belt and Road Initiative. The Rogun Dam is expected to cost around US$8 billion, of which US$3 billion has already been spent, the Tajik energy minister Dalyor Ju...
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PM Hun Sen: Gov’t to spend approx. US$100m in electricity loss this year
- 6 July 2022
The Cambodian government estimates that in 2022, Cambodia may lose approximately US$100 million of the national budget to electricity expenses, due to rising fuel prices caused by the Russia-Ukraine war. Cambodian Prime Minister Samdech Hun Sen stated on 6 July that investment in electricity has already been operating at a loss; however, the government decided not to increase the price to ease ...
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US$1.5 Trillion to be Spent on Smart Infrastructure in China in 2021-2025
- 5 July 2022
China's State-owned enterprises (SOEs) have revealed plans to invest over US$1.49 trillion in more than 1,300 smart infrastructure schemes across the country during from 2021 to 2025, to boost sustainable economic growth. According to a China Daily report in June, those development projects are not the traditional types like railways, roads, and water conservancy, but will focus on infrastructu...
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Three Major Reservoir Rehabilitation Projects to Support Mondulkiri Tourism Master Plan
- 4 July 2022
The project to rehabilitate and restore three major water reservoirs in Mondulkiri province is an integral part of the work to support the tourism development master plan for Mondulkiri province. The project was part of the discussion among the members of the steering committee for the implementation of the Mondulkiri Tourism Development Plan 2021-2035 on 04 July 2022 at the Pichreda Hotel, Mondul...
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US Firm Wins Bid for Singapore’s Mass Transit Line
- 2 July 2022
Giant US engineering firm Jacobs has won a bid to act as a design consultant on the construction of the Tavistock Station and tunnels linking it in the first phase of Singapore’s Cross Island mass transit (MRT) line. The US$302 million contract is an integral part of the 29km underground line which will be Singapore’s largest and longest connecting all parts of the city. The contract involve...
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ADB Approves US$4.3bn Loan for Philippines Rail Line
- 1 July 2022
The Asian Development Bank has announced the approval of a US$4.3 billion loan for the construction of the 55km South Commute Railway Project between Metro Manila and Calamba. The project will include 18 stations and a connecting tunnel as an interchange with the planned Metro Manila Subway. The line will ultimately form part of the North-South Commuter Railway (NSCR) as the Southern Commute...
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The Philippines moves closer to building the world’s largest solar project
- 21 June 2022
The solar Philippines has submitted offers to contract most of its planned 10 gigawatts of projects, including the world’s largest, as the Southeast Asian nation seeks to meet the rising demand for electricity while shifting away from coal. The planned facilities “would help address the country’s potential power shortage” and significantly boost the nation’s grid-connected solar capacity of 1,1...
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Four New Auto Brands to Set Up Assembly Plants in Cambodia
- 18 June 2022
In addition to Ford, four new auto brands are set to open auto assembly plants in Cambodia located in Cam MJ Industrial Park on National Road 3 in Angkor village, Ang Por Peul commune, Kong Pisey district, Kampong Speu province, with an investment of about 15.6 million US dollars, according to the release of the Council for the Development of Cambodia (CDC) on 17 June 2022. The four auto brands...
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IMF: World to Gain Nearly US$78 Trillion Over Coming Decades by Making Energy Transition
- 15 June 2022
In the upcoming decades, the world will gain US$77.89 trillion by replacing coal with renewable energy, according to a publication of the International Monetary Fund (IMF) on 8 June 2022. The net gain of this transition presents represents around 1.2% of the current world GDP every year until 2100. The IMF added the amount of money calculated for the cost of replacing coal with renewables, a...
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