US$17 million Steel Processing Plant in Kampong Speu Officially Opens

A new US$17 million steel processing plant in Oudong district of Kampong Speu province officially opened last week, bringing the total number of metal scrap plants in Cambodia to four. The project is invested by Chinese firm Hong De Sheng (Cambodia) and will use metal scraps in the country as raw materials to produce finished steel. Hong De Sheng (Cambodia) said it could produce up to 500,000 t...

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Transport Minister Urges Construction Firm to Finish Kampot Tourism Port by June

Minister of Public Works and Transport HE Sun Chanthol has ordered the responsible firm to finish Kampot Tourism Port's construction by June 2021 after several delays. HE Sun Chanthol said during the site inspection on 04 January that the company should set a concrete plan or add more labour to accelerate the construction speed and to ensure that it proceeds as scheduled. "It is not good to ...

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NR3 to Be Equipped with Two Weighing Stations and 11 Speed Cameras

National Road 3 (NR3) will be equipped with two weighing stations and 11 speed cameras to ensure safety and the quality of the road, as the renovation is approaching completion, according to Minister of Public Works and Transport HE Sun Chanthol. HE Sun Chanthol said during the NR3 construction site on 04 January that the ministry also plans to equip axle weight sensors on both sides of the roa...

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Gov’t Decides to Build Two Pedestrian Bridges on NR 3 Despite Local Concerns

The Cambodian government has decided to build pedestrian flyovers on two highly-congested spots across National Road 3, despite concerns from the locals, according to HE Sun Chanthol during the NR 3 construction site inspection on 04 January. The Minister of Public Works and Transport HE Sun Chanthol told the press that one pedestrian bridge will be built in front of Tram Khna Thmey Market, and...

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Gov’t Selects Chinese Firm to Develop Mondulkiri Airport

The government has officially approved the construction of the Mondulkiri airport and chosen a Chinese company to study and implement the project. According to the Office of the Council of Ministers' announcement on 31 December, the government has selected Powerchina International Group to study and develop a new regional airport project in Mondulkiri province and allow the State Secretariat of...

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Construction Sector to Gradually Recover Amid 4% Economic Growth and Robust Financial Sector, says NBC

The National Bank of Cambodia NBC said that the construction and property sectors in Cambodia will gradually recover in 2021, given the fact that the kingdom's financial sector remains robust and the 2021 economic growth is forecasted at 4%. According to the NBC Macroeconomic and Banking Sector Outlook for 2021 released on 31 December, the financial sector's active asset, from which 90% is the ...

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Contracts Awarded on US$2.4bn Singapore-Malaysia Shuttle

Japanese contractor Penta-Ocean Construction has been awarded a US$676m civil engineering package for the 4km Johor Bahru–Singapore Rapid Transit System being built to connect Singapore and Malaysia by the Singapore Land Transit Authority (LTA) Penta-Ocean will handle tunneling work, and will build the Singapore terminus of Woodlands North station and the Malaysia terminus at Bukit Chaga as wel...

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Construction Sector Forecast to Recover Quickly in 2021

Chairman of well-known local conglomerate Overseas Cambodia Investment Corp (OCIC) Neak Oknha Pung Kheav Se has expressed his optimism that the Cambodia construction sector will catch up quickly since the kingdom's economy is forested to grow by 3.5% to 5% in 2021. Speaking to Construction & Property Magazine on 19 December, Neak Oknha Pung Kheav Se said, "According to the World Bank and AD...

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Thailand to complete “largest rail station in Southeast Asia” next year

Thailand has announced plans to complete construction in 2021 on the biggest rail station in Southeast Asia. Designed to overcome Bangkok’s traffic gridlock and assist Thailand become a regional transportation hub, Bang Sue Grand Station will replace Hua Lamphong, as the capital’s main station After work began in 2013, the 520 hectare station will be four storeys high with 12 platforms up to...

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Updates on Major Infrastructure Developments in Siem Reap

Although the tourism sector in Siem Reap has been hit by the COVID-19 pandemic, the government is still active especially in infrastructure development, with the aim to attract more tourists after the crisis is over. Prime Minister Samdech Hun Sen once said that although COVID-19 has prevented tourists from travelling to Cambodia and negatively affected the economy, on the positive side, it is a g...

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