Construction Focus
Japan Provides over US$160k for Emergency Project to a Hospital in Sihanoukville
The Government of Japan has provided $ 166,837 for the procurement of used ambulances and fire trucks for the Cambodia-Vietnam Friendship Hospital in Sihanoukville. This is according to the signing ceremony of the grant agreement on March 28, 2023. This project provides 2 ambulances and 2 fire trucks, which were modified and provided to the […]
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AFD Increases Funding to €200m for Cambodia, €25M (US$27M) Allocated for Rural Road Development
The French Agency for Development (AFD) has reaffirmed its commitment to supporting Cambodia’s economic growth by doubling its cooperation financing from €100 million to €200 million per year. Furthermore, an additional €25 million (US$ 27 million) will be allocated to the Department of Rural Development for rural infrastructure development. At the recent meeting on 28-29 […]
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165km of 14 New Road Spanning Six Districts in Kompong Speu Officially Inaugurated
A total of 14 new roads spanning more than 165km in length in Kampong Speu province, were officially inaugurated under the auspices of HE Hun Many, an elected lawmaker in the province, on 29 March 2023. The roads, which were constructed under the Ministry of Rural Development’s management, include 153.25km of DBST paved roads and […]
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Giant PTT To Invest US$900M More on Local and Overseas Business
Thailand PTT Oil and Retail Business Pcl, a leading oil and gas retailer, has revealed plans to invest $900 million this year to expand its local and overseas business. The announcement was made by Chief Executive Officer Disathat Panyarachun, as reported by Bangkok Post on 28 March 2023. According to Disathat, approximately 45% of the […]
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New US$60 Million Ministry of Interior Headquarters Nears Completion at Over 80%
Construction on the new Ministry of Interior headquarters in Phnom Penh is over 80% complete and is on track to finish by the end of June 2023. The progress of the construction was reviewed in a meeting on 29 March 2023. The new office building, which is being built on the old site along Norodom […]
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K (Cambodia) Co Ltd Launches $7M ISUZU Vehicle Assembly Plant in Kampong Speu
K (Cambodia) Co Ltd’s $7 million ISUZU vehicle assembly plant in Kampong Speu province has been officially opened by HE Sok Chenda Sophea, Secretary General of the Council for the Development of Cambodia (CDC), on 29 March 2023. The plant was approved by the CDC in early 2022 and is expected to create 166 new […]
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Mizuda Waste Management Eyeing Investment in Phnom Penh Waste-To-Energy Project
Chinese-owned Mizuda Waste Management Co Ltd is considering an investment in a waste-generated power project in Phnom Penh, according to the CEO of Mizuda Shan Jian Ming. The company is one of three garbage collection firms operating in the Cambodian capital. During a meeting with Phnom Penh Governor HE Khuong Sreng on 28 March 2023, […]
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Private Companies Raise US$307M from Stock Market for Infrastructure Development by Early 2023
Private companies investing in the Securities and Exchange Regulator of Cambodia (SERC) have raised approximately US$307 million from the stock market by early 2023. The capital raised will be used for the development of infrastructure in the country, according to a report released by SERC on 28 March 2023. The report highlights the intended use […]
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JICA signs US$30m additional grant to expand water supply system in Svay Rieng
The Japan International Cooperation Agency (JICA) has signed an amendment to a grant agreement with the Ministry of Economy to expand the water supply system (WSS) in Svay Rieng province worth more than US$30m (3,986 million yen). The agreement was signed by His Excellency Aun Porn Moniroth, Minister of Economy and Finance, on 21 March […]
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Banteay Meanchey needs 115 kilovolts of power while currently can produce only 30 kilovolts
Banteay Meanchey province is experiencing an electricity shortage, as it currently produces only 30 kilovolts while the province needs about 115 kilovolts of electricity. This was revealed by HE Oum Rath, the Governor of Banteay Meanchey province, during a press conference on “Success in the past 5 years” held on 28 March 2023. HE Oum […]
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