MPWT to Establish Cambodia’s First Public and Transport Skills Training Institute

The Ministry of Public Works and Transport has partnered with the Institute of Technology of Cambodia (ITC) to establish the first Public and Transport Skills Training Institute in Cambodia, focusing on road and bridge construction skills. The MoU signing ceremony was held on 12 January under the presidency of HE Sun Chanthol, Minister of Public Works and Transport and HE Hang Chuon Naron, Mini...

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China Building World’s Largest Electric River Cruise Ship

Chinese firm, Wuxi Saisiyi Electric Technology, is currently building an electric river cruise ship, named the Yangtze River Three Gorges 1, which is poised to become the world's largest of its kind after completion. According to insideevs, the project was announced in December and will be launched in July and enter service in November 2021. The ship will cruise on popular tourist routes, inclu...

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Chinese Firm to Build a New Larger Road Connecting Siem Reap City to New Airport

Chinese-owned firm Siem Reap-Angkor International Airport has unveiled plans to build a new 60km road, linking the airport to the Siem Reap city. To date, the firm has just completed the impact resettlement with the affected community. Deputy Governor of Siem Reap province Ly Samrith said that the new road will be built to ease the increasing traffic between the airport and the city. “The cu...

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Cambodia Receives US$860-million in China FDI in 2020

Cambodia received a total of US$860 million in foreign direct investment (FDI) from China in 2020, an increase of about 70% compared to 2019, according to a recent press release from the Chinese Embassy in Cambodia. Many development projects went smoothly despite the COVID-19 pandemic. For instance, the construction of new Siem Reap Angkor International Airport (AIAI) has been 35% completed, wh...

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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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