Construction Focus
GDLT, CDIA to set up electric bus system in Siem Reap
The General Department of Land Transport (GDLT) has partnered with Cities Development Initiative For Asia (CDIA) to implement a comprehensive study project on the feasibility of setting up a public transport system for electric buses in Siem Reap. According to the discussion on “Electric bus fleets as public service in Siem Reap city” on 9 […]
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PM Hun Sen Proposes Building Beach Museum in SHV
Cambodian Prime Minister Samdech Hun Sen has urged the Ministry of Tourism and the Sihanoukville authorities to examine the possibility of setting up a beach museum in the province. PM Hun Sen said during 16th Beach’s Club General Assembly that the club president and members should share their experiences and create a beach museum. “The […]
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ADB Provides US$73m Fund to Cambodia to Boost Coastal Fisheries
The Asian Development Bank (ADB) has approved a US$73 million financing package to promote sustainable climate resilience and coastal & marine fisheries in Cambodia, according to a press release on 8 December. The fund package includes a US$41 million loan from ADB, a US$22 million grant from ADB’s Asian Development Fund, and a US$$10 million […]
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Construction of Arey Ksat Bridge Set to Begin by End 2023
The Cambodia-Korea Friendship Bridges Project (Old Market – Chroy Changvar & Chroy Changvar – Arey Ksat) is set to begin construction by the end of 2023 as the legal procedures of the project are yet to be completed. The timeline was confirmed by a spokesman for the Ministry of Public Works and Transport Heang Sotheayuth […]
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PM Hun Sen Commits to Building Two More Expressways PP – Bavet & PP – Siem Reap
Prime Minister of Cambodia Samdecho Hun Sen said that the Royal Government will build two more expressways, Phnom Penh – Bavet and Phnom Penh – Siem Reap. “We will try to build another expressway connecting Phnom Penh to Bavet on the Vietnamese border,” read a post on his official Facebook page while he was travelling […]
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Japan Provides Over US$500K to Improve Health Centres in Takeo & Kampong Cham
The Government of Japan has agreed to provide a total of US$ 506,595 for the renovation of the Rehabilitation Centre in Takeo Province and the construction of a maternity and neonatal care facility at Kampong Cham Provincial Referral Hospital. The donation agreement signing ceremony was held on 8 December under the presidency of Deputy Chief […]
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S. Korea Provides US$70m Concession Loan for Grid System Enhancement in Cambodia
The South Korean government has provided US$70 million in a concession loan for a grid system improvement project in Preah Sihanoukville province. The loan agreement was signed on December 9 by HE Aun Pornmonyroth, Deputy Prime Minister and Minister of Economy and Finance and Ms Minnie Chey, Country Director of Korea Economic Development Cooperation Fund […]
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S. Korea Provides US$2bn Loan to Cambodia for Key Infrastructure Development
The Government of the Republic of Korea has provided concessional loans of nearly US$2 billion to build two key infrastructures and boost the overall economy. The signing ceremony took place on 9 December with Cambodian Prime Minister Samdech Hun Sen. One part of the loan worth US$245,909,000 will be used for the construction of the […]
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Phnom Penh Court of Appeal to be Relocated to OCIC Development in Early 2023
The Phnom Penh Court of Appeal and the Phnom Penh Prosecutor General of the Phnom Penh Court of Appeal will be relocated from the premises of the Ministry of Justice on Samdech Sothearos Blvd to a new location in the OCIC development area. According to an announcement by the Court of Appeal of Phnom Penh […]
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WB: Cambodia’s economic growth forecast for 2022 remains at 4.8%
World Bank has projected that Cambodia’s real GDP growth for 2022 will remain at 4.8% as previously forecasted due to the positive increase of exports of garment and non-garment products, especially the arrivals of foreign tourists. The forecast is based on Cambodia’s Economic Updates on Navigating Global Economic Headwinds issued on 7 December. The surge […]
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