Construction Focus
CDC Approves 11 Investment Projects Worth US$57.9m in Four Provinces
The Council for the Development of Cambodia (CDC) has given permits to 11 private firms to invest a total of US$57.8 million in establishing 11 factories in Kandal, Kampong Speu, Sihanoukville and Phnom Penh. “ONTIME INDUSTRIAL CO., LTD.” will invest US$9 million to establish a metal furniture assembly plant in the Cambodian Special Economic Zone, […]
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Cambodia, Kuwait Continue Cooperation on Oil & Gas Exploration
Cambodia and Kuwait have pledged to further boost bilateral cooperation in oil and gas exploration. Both parties expressed interest in cooperation in this sector during the meeting between the Minister of Foreign Affairs of Cambodia HE Prak Sokhon, and the Ambassador of Kuwait to Cambodia HE Mohammad Saed Safi al-Hachri on 7 February. The two […]
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Businesses Registered Via Single Portal Increases by 800 Companies Within a Month
As of February 2023, 21,609 companies and enterprises were registered in the government’s single portal, an increase of almost 800 companies compared to the previous month. The amount of capital registered was at US$6.15 billion, an increase of US$ .32 billion compared to the last month. (Read more) A report by the Ministry of Economy and […]
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Cambodia, Japan Join Hands to Boost Wastewater Management Nationwide
The Ministry of Public Works and the Japan International Cooperation Agency (JICA) in Cambodia have collaborated to promote the development of wastewater management and sanitation in Cambodia, according to a technical subcommittee on urban wastewater and sanitation meeting on 6 February. The meeting focused on challenges such as the lack of human resources in the […]
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Construction of Monivong Flyover Pillars 11% Complete
The construction of the Preah Monivong flyover, the first circular flyover in Cambodia, has been 11% completed as the technical team is currently drilling 219 pillars on Samdech Techo Hun Sen Blvd and Preah Monivong Blvd. Mr Sam Piseth, Director of the Department of Public Works and Transport of Phnom Penh, told BTV on 7 […]
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UK mulls investing more in energy & other sectors in Cambodia
UK investors want to boost investment in infrastructure in Cambodia, especially in the energy sector. The intention was expressed during the meeting between the Secretary of State of the Ministry of Mines and Energy HE Sok Khavan and representatives UK Infrastructure and Projects Authority (IPA) as well as the UK Embassy in Cambodia on 6 […]
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Construction of US$38m Koh Pic-Koh Norea Bridge 50% Complete
Construction of the bridge connecting Koh Pich city to Koh Norea is 50% complete as of early February 2023, according to OCIC representative Touch Samnang. Mr Samnang told Construction & Property Magazine on Monday 6 February that the bridge construction is approximately 50% complete as the major tasks have been successfully completed. He added that […]
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Saudi Arabia to Establish Embassy in Cambodia
Saudi Arabia has officially announced that a Saudi Embassy in Phnom Penh will be soon established to strengthen cooperation between the two nations. Dr Osman Hassan, Senior Minister in Charge of Special Missions, met with Mr Mohammed Mbark Al Saefi, Advisor to the Ministry of Foreign Affairs of Saudi Arabia on 6 February to find […]
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China’s First Cross-Sea High-Speed Railway to Operate in 2023
China’s first cross-sea high-speed railway passed static acceptance testing on Friday and is expected to be officially launched this year. This railway, which connects Fuzhou and Zhangzhou in East China’s Fujian Province, is 277km long with an operating speed of 350km/hr and eight stations. The railway is a major high-speed project in the southeast coastal […]
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Gov’t Urges Hungary to Invest More in Cambodia as Bilateral Trade Up 84% Y-o-Y
Cambodia has asked Hungarian investors to study and explore more trade and investment opportunities in Cambodia, as the two countries’ trade volume has increased significantly, reaching more than US$7 million in 2022. This is according to the meeting between Secretary of State of the Ministry of Commerce HE Tek Reth and new Ambassador of Hungary […]
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