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ខ្មែរ Construction Focus
PM Tells Real Estate Developers in SR to Embrace Cultural Value, Not Only Profit
- 4 April 2022
Prime Minister Hun Sen has told all real estate investors who wish to or are currently investing in Siem Reap to embrace the common interests and cultural values of Angkor park rather than focusing solely on profit. Said during the inauguration ceremony of 38 roads in Siem Reap on 4 April, PM Hun Sen used a Khmer proverb "Don’t grab benefit from only one tree, but instead look at the whole fore...
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World’s Tallest Hotel Complete in Late 2023
- 1 April 2022
Construction on a 365m tall hotel in Dubai is now halfway and is scheduled to be completed in late 2023, to become the world’s tallest building. Named Ceil, the tallest hotel in the world is being built by the China Railway Construction Corporation. Construction on the world's tallest hotel has continued despite the broader challenges of COVID-19, reported Construction Week in early March. ...
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Turkey breaks world record of having longest suspension bridge
- 30 March 2022
The world’s longest suspension bridge was put into use in Turkey in earlier March, making Turkey take the title from Japan (Akashi Kaikyo Bridge) for having the world’s longest suspension bridge. Named 1915 Çanakkale Bridge, this bridge was built cross over the Dardanelles Waterway in Turkey, stretching over 2,023 meters long, according to the Time Out reported on 28 March. Took 5 years to c...
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Chamber of Commerce Discusses Challenges & New Opportunities in Construction Sector
- 25 March 2022
The Cambodian Chamber of Commerce (CCC) has held a meeting to discuss challenges, proposed remedies, and new investment opportunities for the construction and real estate sector after being under pressure from the COVID-19 for more than two years. Held on 24 March, the meeting was chaired by CCC Vice President, Oknha Ly Hour and joined by representatives of the Cambodia Constructors Association...
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Construction of US$4.4bn Motorway in Mekong Delta Set to Begin in November
- 23 March 2022
Construction of a new 156km motorway across five provinces of the Mekong Delta, Vietnam's largest rice-growing region, is set to begin in November. According to a GCR report last week, the road will connect Can Tho to Ca Mau city, some 170km southwest of Ho Chi Minh City. Built at a cost of approximately US$4.4 billion, the project consists of two stages - a two-lane highway in the first pha...
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Samsung C&T to Build US$940-million LNG Power Plant in Vietnam
- 23 March 2022
South Korean contractor Samsung C&T and Vietnamese firm Lilama will invest US$940 million to build one of Vietnam’s first liquefied natural gas (LNG) power stations, reported GCR. The US$940m engineering, procurement and construction deal was announced by Lilama in mid-March, and will include the construction of two 750MW plants at an existing site in the southern province of Dong Nai. T...
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Local Firm Uses AI-Driven Research & Analysis to Modernise Cambodia’s Real Estate Sector
- 9 March 2022
A local firm Z1 Data Co., Ltd has unveiled a product using AI-driven research and data analysis to modernise and boost the real estate market in Cambodia. The firm last week also appointed Arshad Khan – an entrepreneur, and expert at Data Science, Artificial Intelligence, and Machine Learning from the United States, as its chairman. His computer science and artificial intelligence background...
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NASA, US Universities to Construct Infrastructure on Moon
- 28 February 2022
Three US university-led proposals have been selected by NASA to develop technologies for living and working on the moon, according to a NASA announcement on 18 February. The selected projects cover three topics laid out in the solicitation. Each team will receive up to US$2 million, awarded as grants, over two years to develop their proposed technologies. The three projects are: Autonomou...
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Local Firm LSCG Wins Bid to Install 70MW Solar Power System at New PP Airport
- 25 February 2022
Local firm LSCG Real Estate Co., Ltd has won a bid to install a 70MW solar power system at the new Techo International Airport. According to LSCG CEO Ly Sokchhay, the contract agreement was signed on 22 February with an investment value of US$168 million. "The project is the cooperation between our partners in China. Therefore, the solar panels and other equipment will be imported directly f...
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First Wireless EV Charging Road to be Built in US in Michigan, Operational by 2023
- 22 February 2022
The United States has recently announced that it will soon build a public wireless in-road charging system allowing electric vehicles (EV) to charge while in motion and stationary. Israeli power company Electreon was selected to build this electric road system (ERS) in Detroit, Michigan, as part of the inductive vehicle charging pilot program. Michigan Department of Transportation (MDOT) wil...
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