Construction Focus
Cambodia Signs US$600m in New Concessional Loans in H1 2022
The Cambodian government has signed new concessional loans with development partners worth approximately US$635 million in the first semester of this year, accounting for 30% of the ceiling permitted by law. 61% have been signed with bilateral development partners and 39% signed with multilateral development partners, according to the Cambodia Public Debt Statistical Bulletin issued […]
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Gov’t Approves Over 100 New Investment Projects Worth US$3.4bn in First 8 months of 2022
In the first eight months of 2022, the Council for the Development of Cambodia (CDC) approved more than 100 investment projects worth approximately US$3.4 billion. According to the CDC’s reports obtained by Construction & Property News, these projects help create over 63,000 jobs for people in the areas where the projects are located. Those projects […]
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Major New Road in Stung Treng Officially Inaugurated
A newly built major road in Borey O’Svay Senchey district in Stung Treng province was officially inaugurated under the presidency of Governor Svay Sam Eang on Tuesday 6 September. This road is a DBST type with a length of over 10km and a width of 7m (Provincial Road No. 379A). The road is equipped with […]
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OCIC & Malaysian Association Expand Cooperation in Boosting Construction & Real Estate Sector
Overseas Cambodian Investment Corporation (OCIC) and Malaysia Retail Chain Association (MRCA) have signed more MoUs to boost their respective lines of business in Cambodia. According to the OCIC announcement on 5 September, the cooperation will help expand both parties’ businesses including shopping centers, aviation, satellite city development, real estate development, construction and construction supplies, hotels […]
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Kampong Spue Stadium Officially Inaugurated
Kampong Speu Provincial Stadium was officially inaugurated on 6 September under the presidency of the Deputy Prime Minister and the Minister of Land Management, Urban Planning and Construction HE Chea Sophara. Located in Ta Mol Village, Sangkat Chbar Morn, Chbar Morn City, Kampong Speu Provincial Stadium is a standardised size stadium spreading over 4 hectares […]
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Chinese gov’t gives greenlight to first fully autonomous taxi service
The Chinese government has granted permits to Chinese technology company Baidu to first develop and run the fully driverless “robotaxi” service on open roads. Named “Apollo Go”, the service is now authorised to run in Chongqing and Wuhan, with five Apollo vehicles operating in each city, according to GCR. The areas of service cover 13 […]
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Australian chemists invents self-glueing bricks from cooking oil
Researchers at Adelaide’s Flinders University have invented bricks from wasted cooking oil that can bond without mortar. According to GCR, the brick is a lightweight and durable polymer block that undergoes a sulfur-based adhesive reaction when brought into contact with each other in the presence of a catalyst. The bond created by the process is […]
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Singaporean Researchers Invent Fireproof Wood Coating
Researchers at the Nanyang Technological University in Singapore (NTU Singapore) have invented an invisible coating that can make wood fireproof. The coating is only 0.075mm thick and is almost transparent and invisible. When heated by a flame, the coating turns into a char that acts as fire insulation for the wood underneath. The coating has […]
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Thai Government Approves US$300m for New Zoo
Following the closure of the beloved Dusit Zoo in 2018, the Thai government has announced the approval of US$300 million to construct a new zoo, education center, and conservation facility on the outskirts of Bangkok. Dusit Zoo was originally built 84 years ago by King Chulalongkorn as his private garden, while the new facility will be […]
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Five Investment Projects Worth Over US$82m Approved for Kandal, Kep, K. Thom & PP
The Council for the Development of Cambodia (CDC) has given permission to private firms to invest US$82.7 million in building five factories in Kandal, Kep, Kampong Thom, and Phnom Penh. The first firm is KITATSU SOLAR (CAMBODIA) CO., LTD, which will invest US$23.4 million to establish a solar panel factory along NR5 in Tumnup Thom […]
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