Construction Focus
Cambodia Issues Nearly 70,000 Construction Permits Worth USD 78.96 Billion in 24 Years
In a remarkable achievement for Cambodia’s construction sector, the Cambodian government has issued 67,696 construction permits over the past 24 years, representing projects valued at approximately USD 78.96 billion. These projects cover a combined area of 199,455,440 square meters, according to the Ministry of Land Management, Urban Planning, and Construction’s report shared at a conference […]
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Ministry of Mines & Energy Embarks on Strategic Refinery Investments to Bolster Oil Supply
The Ministry of Mines and Energy has unveiled plans to invest in refinery projects to secure a stable and sustainable oil supply for Cambodia, with projections to generate approximately USD 12.35 million in state revenue by 2024. During the ministry’s annual meeting on 21 November 2024, HE Keo Rattanak, Minister of Mines and Energy, emphasized […]
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ADB Approves USD 50m Loan to Boost Cambodia’s MSME Sector
The Asian Development Bank (ADB) has approved a USD 50 million loan to enhance Cambodia’s micro, small, and medium-sized enterprises (MSMEs), aiming to strengthen the business environment and reduce trade barriers in Southeast Asia. ADB Country Director for Cambodia, Jyotsana Varma, highlighted the MSME’s transformative potential: “By fostering the growth of these enterprises, we can […]
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Thailand to Build USD 420k Friendship Bridge Linking Chanthaburi & Pailin for Stronger Cross-Border Ties
Thailand has announced plans to construct the Chanthaburi-Pailin Friendship Bridge, a permanent link between Chanthaburi province in Thailand and Pailin province in Cambodia. The project, estimated to cost approximately USD 420,000 (15 million baht), aims to boost cross-border trade and tourism. Interior Minister Anutin Charnvirakul confirmed the initiative during a site inspection at the Ban […]
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Arabic Firm DP World Explores Investment Opportunities in Cambodia’s Transport & Industrial Sectors
DP World, a global leader in logistics and transport based in the UAE, has expressed strong interest in investing in Cambodia’s transport infrastructure and industrial park development, marking a pivotal step for the kingdom’s economic future. The announcement came during a meeting between PM Hun Manet and His Excellency Sultan Ahmed Bin Sulayem, Chairman of […]
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Cambodia Reaches 83% Completion in Tonle Sap Lake Boundary Marker Installation
Cambodia has achieved a remarkable milestone in its boundary marker installation initiative around the Tonle Sap Lake, completing over 83% of the planned 1,069 markers in just 242 days. The project, spearheaded by the Tonle Sap Authority, spans six provinces and highlights significant progress in delineating protected areas for sustainable management. This achievement was reported […]
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Serei Sophon 11-Hectare Landfill Project Completed, Ready to Benefit Over 12k Residents
A new 11-hectare landfill in Serei Sophon, Banteay Meanchey province, has been completed, marking a significant advancement in waste management for the province. With a handover inspection on 20 November 2024, the project is a cornerstone of the second phase of the Tonle Sap Lake environmental management improvement initiative, supported by the Asian Development Bank […]
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26 Japanese Firms Explore Agriculture & Vocational Training Investments in Cambodia
In a promising boost to Cambodia’s agricultural sector, 26 Japanese companies have expressed interest in investing in agriculture, food processing, and aquaculture, as revealed during a meeting between PM Samdech Hun Manet and HE Takahashi Fumiaki, President of the Japan-Cambodia Association, on 19 November 2024. This announcement underscores Japan’s commitment to expanding its economic footprint […]
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Network News: How Digital Twins and Analytics Are Shaping the Future of Connectivity And 5G
Not entirely out of sight, but almost always out of mind, cell towers quietly form the backbone of modern communication, powering everything from texts and phone calls to TikTok videos. Some topping 200 feet, they can stand tall like sentinels along roads or poke up from the roofs of high buildings. Their thistle-like tops bristle […]
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Cambodia Officially Withdraws from CLV Development Triangle, Focuses on National Infrastructure Projects
Cambodia has officially announced its withdrawal from the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA), marking a shift in its regional development strategy. The decision was formalized through the promulgation of the Law on the Approval of the Agreement on the Promotion and Facilitation of Trade in the CLV-DTA and will take effect upon the completion of […]
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