Construction Focus
Gov’t Establishes Inter-Ministerial Committee for PP-Bavet Expressway Development Project
The Cambodian government has set up an inter-ministerial committee to accelerate the Phnom Penh-Bavet expressway project. According to the statement dated 16 September, the expressway connecting Phnom Penh to Bavet has been proposed for investment by China Road and Bridge Corporation under a basic framework of build-operate transfer. HE Sun Chanthol, Senior Minister, Minister of […]
Read More
MPWT Warns Locals to Stop Breaking Expressway Fencing
The Ministry of Public Works and Transport (MPWT) has warned the locals to stop breaking or cutting barbed razor wire fences along the expressway after finding out many spots have been damaged. During the inspection on 28 September led by MPWT’s Undersecretary of State HE Soeng Sokong, the team found that the locals have been […]
Read More
Japan Urges Cambodia to Further Ease Japanese Investment in Cambodia
Japanese Prime Minister Kishida Fumio has asked his Cambodia’s counterpart Samdech Hun Sen to continue supporting and easing Japanese investment in Cambodia, as to date, Japanese private investment value in the kingdom has reached nearly US$3 billion. HE Kishida Fumio said during a meeting with Samdech Hun Sen on 28 September in Tokyo that besides […]
Read More
Construction of Vietnam’s Largest Airport Set for Completion in 2025
The construction work on the runway for Vietnam’s largest airport Long Thanh is set to begin in December, almost two years after the project’s ground-breaking ceremony, reported GCR. Nguyen Van Hung, an official at the Airports Corporation of Vietnam (ACV), said tenders had been launched to find a contractor to build the airport’s runways, taxiways, […]
Read More
MPWT: Major Kampot-Veal Renh Road Repairs Expected to Delay to 2024, Lacking Funding
The budget for the deep repair of the ‘forever-damaged’ Kampot-Veal Renh road has not yet been approved by China, confirmed Minister of Public Works and Transport HE Sun Chanthol, apologizing that the approval timeline could be in late 2023 or 2024. HE Sun Chanthol said during the expressway inspection on 22 September that the government […]
Read More
WB Projects Cambodia’s GDP Growth at 4.8% in 2022, 5.2% in 2023
Cambodia’s GDP growth is projected to reach 4.8% in 2022. Traditional export-oriented growth drivers—especially the garment, footwear, travel goods, and bicycle manufacturing industries as well as agriculture—continue to underpin the economic recovery, according to the World Bank’s forecast. In 2023, economic growth is expected to improve to 5.2%, supported by recovering domestic consumption as employment […]
Read More
UK, Switzerland Jointly Developing Flying Robots to Build or Repair Skyscrapers
Researchers in Switzerland and the UK have developed flying 3D printing robots that can build and repair structures in difficult spots on skyscrapers or other danger zones. The drones are fully autonomous while flying but are monitored by a human controller, reports GCR. The fleet consists of “BuilDrones”, which deposit materials during flight, and quality-controlling […]
Read More
ADB Lowers 2023 Cambodia’s Economic Growth Forecast from 6.5% to 6.2%
The Asian Development Bank (ADB) has lowered Cambodia’s 2023 economic growth forecast from 6.5% to 6.2% given the slowdown in global growth, according to a recent publication issued on 22 September. Previously, ADB predicted that the Cambodian economy will grow by 6.5% in 2023 and 5.3% in 2022. The factors contributing to the growth are […]
Read More
Gov’t Approves 75 New Non-SEZ Investment Projects Worth US$2.4 billion in H1 2022
From January to June 2022, the Cambodian government approved 75 private investment projects outside of special economic zones (SEZ) with a total investment of US$2.4 billion, an increase of 159.3% compared to the same period in 2021. These newly approved 75 projects created about 62,000 new jobs, an increase of 65.9%, according to a report […]
Read More
PM Orders MPWT to Prioritise Subway Train in PP & High-Speed Railways
Prime Minister Samdech Hun Sen has ordered the Ministry of Public Works and Transport (MPWT) to speed up the progress of feasibility study and fund seeking for the subway train project in Phnom Penh capital as well as the project to upgrade two existing railways to high-speed lines. According to MPWT Minister HE Sun Chanthol […]
Read More