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ខ្មែរ Construction Focus
World’s Largest Ecotourism Project Gets US$3.76bn, First Phase Open Next Year
- 4 May 2021
The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project on the Red Sea has closed a US$3.76 billion term loan with four Saudi banks. Meanwhile, the resort is expected to welcome tourists for the first time in 2022. According to the firm’s press release on 27 April, Banque Saudi Fransi, Riyad Bank, Saudi British Bank and Saudi Nationa...
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China Proposes “Super Grid” Connecting Five Other Countries to Reduce Renewable Energy Costs
- 21 April 2021
Chinese scientists have proposed constructing a “super grid” connecting China with five other major countries, including Russia, Mongolia, South Korea, North Korea and Japan, to reduce the cost of renewable energy to be as cheap as coal power. According to the Global Construction Review, the electricity consumption of the six countries at the moment accounts for one-third of the world's total d...
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Japanese, Singaporean Firm to Jointly Establish First Transit-Oriented Mixed-Use Development in Jakarta
- 20 April 2021
Photo credit to GCR Japanese firm Mitsubishi and Singaporean state-owned developer Surbana Jurong will jointly establish the first transit-oriented mixed-use development in Jakarta, Indonesia, according to the Global Construction Review recently. The project will be developed on an area of 6 hectares of land connected to Cisauk Train Station in the Intermoda district of Bumi Serpong Damai (B...
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Why Don’t We Build the World’s Largest Solar Farm in the Sahara Desert?
- 20 April 2021
Photo: Aerial view of a large concentrated solar power plant. Novikov Aleksey/Shutterstock. Credit to the conversation. Renewable energy from solar panels has now become one of the most popular energy alternatives. However, solar farm require large space and strong light. So, why don’t we build a large-scale solar farm on the world’s largest desert in the Sahara? The Sahara Desert is the lar...
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New Zealand Firm Unveils Tyres-to-Cement Production Technology
- 19 April 2021
A New Zealand construction company Fletcher Building has recently completed a study to divert used tyres from landfill to cement manufacture, which could help reduce carbon emissions by over 13,000 tons per year. According to the Global Construction Review's report on 1 April, the company will burn a total of 3 million used tyres a year at 1,400 degrees Celsius for cement production. The fir...
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Seven Expressways Worth US$6.5 Billion to Boost Logistics Network in Mekong Delta Region
- 13 April 2021
At least seven expressways with a total length of over 1,000 km are gradually emerging on the Mekong Delta region in the next 5 to 10 years, marking another major infrastructure that regional logistic system. According to Vietnam VnExpress, those seven projects include: 1. Trung Luong-My Thuan Expressway Project The project has a total length of 51 km and is being built with an investmen...
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HCMC-Moc Bai Expressway Construction to Begin in 2023, PP-Bavet Still Being Studied
- 9 April 2021
Construction of the US$587-million HCMC- Moc Bai expressway is set to begin in 2023 and be completed in 2025, while the Phnom Penh to Bavet expressway on the Cambodia side is still undergoing a feasibility study. According to the VN Express report yesterday, the authorities are trying to complete procedures and the feasibility study of HCMC- Moc Bai expressway this year. Meanwhile, compensation...
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Vietnam Establishes New 1,600-Hectare Special Economic Zone on Border of Kampot and Takeo Provinces
- 8 April 2021
Vietnam has established a new 1,600-hectare special economic zone at the border between Hà Tiên province and Cambodia’s Kampot and Takeo provinces. According to Vietnam News, the Hà Tiên Border-Gate Economic Zone is located in the Mekong Delta of Kiên Giang and covers five communes of Vietnam. The area is also bordered with Kirivong district inTakeo province, as well as Banteay Meas and Kamp...
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Oversupply, Liquidity Reduction, and Construction Delays Pose Greatest Threats to Real Estate Market in 2021
- 7 April 2021
Among other projected risks, oversupply, reduction of liquidity, and construction delays have been the top three concerns that pose greatest threats to the real estate market in 2021, according to CBRE Cambodia’s recent survey. The survey also listed out other risks such as the threat of international sanctions, lack of infrastructure capacity, domestic regulatory change, construction disasters...
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Cambodia Urges ADB to Focus on Cross-Border Facilities to Boost Logistics
- 6 April 2021
The Ministry of Public Works and Transport (MPWT) has urged the Asian Development Bank (ADB) to focus its development on cross-border facilities to help improve the logistics sector between Cambodia and neighbouring countries. The proposal was made during a working meeting between the MPWT and the ADB on 06 April. MPWT Minister HE Sun Chanthol said that the development of the cross-border ar...
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