Construction Focus
Boeung Tumpun Pumping Station 70% Complete, Large-scale Pump Motors Being Installed
The construction of the Boeung Tumpun pumping station is now 70% complete and scheduled to be operational by March 2022, while the working team is currently installing three large-scale pump motors. One pump motor has a diameter of 1.5m and the other two have a diameter of 1.2m. The three motors together can pump water […]
Read MoreLYP Group to Build New Deep-Sea Port on Over 490ha in Koh Kong
The Koh Kong provincial authority has given the initial green light to Koh Kong SEZ Co., Ltd. of the LYP Group to develop a new deep-sea port in Kirisakor district, while the relevant parties are currently conducting the impact assessment. The initial approval was given by Koh Kong Deputy Governor Ouk Pheaktra during the meeting […]
Read More10 Speed Cameras Along NR3 Begin Operation
Ten speed cameras along NR3 have been put into use to monitor and protect the safety of people driving on the road, according to a senior official of the Ministry of Public Works and Transport (MPWT). During the site inspection on 15 December, Secretary of State of MPWT HE Kan Manae said this is the […]
Read MoreWorld Bank Highlights Three Drivers for Better Rural Livelihoods in Cambodia
The World Bank recently stated that land rights, basic infrastructure and livelihood skills are the three major drivers for rural development in Cambodia. The World Bank has thus far cooperated with the Ministry of Land Management, Urban Planning and Construction, pushing the three drivers through the well-known Land Allocation for Social and Economic Development Project […]
Read MorePrivate Firm to Build New Eco-Tourism Port in SHV’s Prey Nob District
The Sihanoukville provincial administration has given the green light to a private firm to develop a new eco-tourism port in the Prey Nup district, aimed at expanding the province’s tourism potential. According to the site inspection by Sihanoukville Governor HE Kouch Chamroeun on Tuesday 14 December, the port will be a small-scale structure so that […]
Read MoreABA Bank Invests US$30m in New Phnom Penh Airport Development Through Guaranteed Bonds
Cambodia Airport Investment Co Ltd has sold another US$30 million guaranteed bond to ABA Bank to raise more funds for the development of the new Phnom Penh airport. The signing ceremony was held on December 14 between Overseas Cambodian Investment Corporation Ltd (OCIC), Cambodia Airport Investment Co., Ltd (CAIC) and ABA Bank. The bond is […]
Read MoreGround Broken on US$22-million Japanese-Funded Clean Water System in Pursat
The Government of Japan has provided US$21.9 million in grant aid to build a new water supply system in Pursat province to increase access to clean water for the local people. The ground-breaking ceremony of this water supply system took place on 13 December, in the presence of Japan Ambassador to Cambodia HE Mikami Masahiro […]
Read MoreGiant South Korean Firm Invests Nearly US$18 billion in Vietnam in 24 years
South Korea’s electronics giant Samsung has invested nearly US$18 billion in manufacturing and research facilities in Vietnam in the last 24 years. The investment amount represents 29% of total investment in the last five, VN Express reported on 7 December. Samsung, with eight manufacturing and research facilities in the country, earned revenues of nearly US$60.5 […]
Read MorePhnom Penh Autonomous Port Earns US$30 million in 11 Months
During an 11-month period of 2021, the revenue of Phnom Penh Autonomous Port (PPAP) was at US$30 million, a 14% increase compared to the same period in 2020. According to the PPAP’s report published on 9 December, of total revenue, port operation revenue was at US$24.37 million (up 16% y-o-y), port authority revenue at US$3.23 […]
Read MoreConstruction of New Road Connecting Steung Treng to Kratie Completed
Construction of a new rural road connecting Steung Treng and Kratie provinces, which was built with the donation from Prime Minister Samdech Hun Sen, has been completed. The road is 15km long and 6m wide, connecting O’Mreah commune to Siem Bok commune in Siem Bok district which is on the border of Kratie province. Steung […]
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