Construction Focus
Nearly 700 Factories, Enterprises & Handicrafts Operating in Takeo Province in Sign of Economic Development
Takeo province, located in southern Cambodia, is home to nearly 700 small and medium enterprises and handicrafts, according to HE Ouch Phea, Governor of Takeo province at a press conference on “Success in the past 5 years of Takeo Provincial Administration” on 2 March 2023. The governor emphasised that, in addition to agriculture, industry is […]
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Japan Provides Over US$300k to Support Education & Disabilities Sector in Cambodia
The Government of Japan provides a sum of over US$300,000 to three institutions in Cambodia for the implementation of rural education and rehabilitation programs. This announcement was made following signing of a grant agreement between HE Ou Noo Atsushi, Ambassador of Japan to Cambodia, and representatives of the three beneficiaries on the afternoon of 6 […]
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Construction of Siem Reap Angkor International Airport is 86% Complete
Siem Reap Angkor International Airport is nearing completion, with the construction work currently 86% finished, according to a meeting held between Prime Minister Hun Sen and Yunnan Investment Group on 6 March 2023. The CEO and Vice Chairman of the Board of Directors, Mr Liu Minglin, confirmed that the airport is expected to undergo a […]
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Lao Company Mulls to Build 80m-Tall Buddha Statue in SHV
Data Technology Lao Sole company has announced its plans to build an impressive 80-metre Buddha statue in Preah Sihanoukville Province, Cambodia, to attract national and international tourists to the country. The announcement was made during a meeting between Wei Qianjiang, CEO of Alpha Data Technology Lao Sole Co., Ltd, and Thong Khon, Minister of Tourism […]
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US Pledges to Attract More US Investors to Cambodia
Six major US companies have expressed their commitment to help attract more US investors to Cambodia during a meeting with HE Senior Minister Sun Chanthol, Minister of Public Works and Transport, and the delegation of the US-ASEAN Business Council. The companies include ConocoPhillips, Ford (RMA Group), Pfizer, Visa, and Vriens & Partners. The meeting was […]
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Multi-Purpose Port & Logistics Centre in Kampong Chhnang Equipping STM Technology to Open Soon
The Ministry of Public Works and Transport recently held a meeting to discuss the development progress of the Kampong Chhnang multi-purpose port and logistics centre, which is expected to open soon. The meeting was chaired by HE Senior Minister Sun Chanthol, Minister of Public Works and Transport, along with KLP.T TRANSPORTATION Co., Ltd and members […]
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Cambodia & Japan Sign MOU on Cooperation, Transmission & Distribution of Energy
The Ministry of Mines and Energy (MME) and Japan Insurance and Investment Agency (NEXI) have signed a Memorandum of Understanding (MOU) on cooperation for the transmission and distribution of energy. The signing took place during the Asia Zero Emission Community (AZEC) meeting held on 3-4 March 2023, in Tokyo. The AZEC meeting was attended by […]
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Construction of US$38m Koh Pic-Koh Norea Bridge 62% Complete
The construction of the Koh Pich-Koh Norea cable-stayed bridge is now 62% complete as of 4 March 2023 according to Phnom Penh’s Department of Public Works and Transport. With a budget of US$38 million, the bridge is expected to be completed by the end of 2023, and it will serve as an important gateway connecting […]
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Sports Village is Ready for Official Inauguration on 20 April
The 2023 SEA Games Village at the Moradok Techo National Stadium in Cambodia is set to be inaugurated on 20 April 2023, in preparation for the upcoming Southeast Asian (SEA) Games. The announcement was made by HE Vath Chamroeun, Secretary General of the National Organising Committee for the 2023 SEA Games and ASEAN Para Games […]
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Asia-Pacific GDP Forecast to Grow Slowly in 2023, Drop to 2.9% Growth in 2024
The Asia-Pacific region’s economy is expected to experience slow growth in 2023, according to a report from an Asia-Pacific Economic Cooperation (APEC) research unit. The report forecasts that the region’s GDP will expand by 3.1% this year before dropping to 2.9% growth in 2024, due to downside risks continuing to pressure recovery. “The enduring pandemic, […]
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