Construction Focus
Construction US$20m Takhmao Water Supply Facility to be Completed in 2024
The construction of the US$20 million Takhmao water supply is scheduled to be completed as planned in December 2024, according to a site inspection on 6 December 2022. According to HE Cham Prasidh, Minister of Industry, Science, Technology and Innovation, this project will tackle the shortage of clean water in Phnom Penh and Takhmao, and […]
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Gov’t to Inject More US$100m Fund to SME Banks
The government plans to allocate another US$100 million fund to the SME Bank by 2023, on top of US$423 million injected in the past years, according to a press conference on 5 December 2022. Dr Phan Phalla, Chairman of the Board of Directors of the Small and Medium Enterprise Bank, stated that the Royal Government […]
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Gov’t to Issue EV Development Policy; EV Usage Up 1153% Y-o-Y
The government has set up nine inter-ministerial working groups, institutions and other key development partners to gather input on the draft of the electric vehicle (EV) development policy. According to a workshop on 5 December, the policy aims to build a larger network of EV charging stations and encourage further usage of EVs in Cambodia. […]
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Japan to Help Build bridge, Irrigation System Two Major Cambodia’s Provinces
Japan has provided a grant of US$186,856 for the construction of bridges and the rehabilitation of irrigation systems in the Kampong Speu and Kampong Cham provinces. The grant agreement signing ceremony was held on 5 December with the presence of the Minister/Deputy Chief of Mission of the Embassy of Japan to Cambodia Taninai Ichitomo and […]
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ADB Provides US$50m Loan to Cambodia to Boost Global Competitiveness
The Asian Development Bank (ADB) has approved a US$50-million loan to Cambodia to diversify its economy and boost the country’s global competitiveness, according to a press release dated 6 December 2022. Sion L. Morton, ADB Senior Economist, said: “The COVID-19 pandemic has severely affected key sectors such as garments, footwear and textiles, tourism and especially […]
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Gov’s to Use Carbon Credit Profit to Build Standardised Restrooms Nationwide
Minister of Environment HE Say Sam Al has stated Cambodia will use the revenue earned from the carbon credit sale to improve hygiene in public schools nationwide by building standardised eco-friendly bathrooms. Not only bathrooms and toilets, but the budget will also be used to install water filters, improve sports fields, and grow more trees […]
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Construction of US$35 million Russey Keo bridge 89% Complete
As of early December, the construction of the Russey Keo cable bridge across the Tonle Sap River has been 89% completed, according to the Department of Public Works and Transport of Phnom Penh on 5 December. Worth US$35 million, the new concrete cable-stayed bridge across the Tonle Sap is 20.5 metres wide and 500 metres […]
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Temporary Russey Keo Iron Bridge Reopened
The temporary Russey Keo iron bridge across the Tonle Sap River was reopened from 4 December onwards after closing for repair, according to the Department of Public Works and Transport of Phnom Penh. The bridge has been repaired after a sand barge crashed into the bridge in November. From 4 December onwards, passengers can cross […]
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AEON 3 Set for Opening on 15 December
Aeon Mall Meanchey, the third shopping mall of Aeon (Cambodia) Co., Ltd., is scheduled to open on 15 December 2022, according to the press release of AEON(Cambodia) Co., Ltd. on 15 December. The mall will provide entertainment and education for people of all ages with the concept of the “Edutainment Mall” in the heart of […]
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Japan to Build More Schools in Battambang & Koh Kong
The Government of Japan has agreed to provide a grant of US$171,641 for the construction of kindergartens in Battambang and Koh Kong provinces. The grant agreement was signed on 1 December. Under this agreement, Japan will help build a study building at a kindergarten in Battambang province and another studying building at Tani Secondary School […]
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