Vietnam Expands 400MW of Electricity Supply to Cambodia: Pledging More Cooperation

Vietnam has announced a significant increase in its electricity supply to Cambodia, pledging up to 400 megawatts to support the nation’s economic growth. This commitment follows a recent meeting between Samdech Techo Hun Sen, President of the Senate of Cambodia, and HE Pham Minh Chinh, Prime Minister of Vietnam, held in Hanoi on 25 July […]

Read More

Royal Railway Cambodia Successfully Tests New Train Lines for Phnom Penh-Poipet Route

Royal Railway Cambodia has successfully conducted a test run of four Kiha183-182 train lines on the Northern Railway from Phnom Penh to Poipet, signalling a major step towards resuming passenger services. The test, conducted on 25 July 2024, aimed to evaluate the railway’s readiness for passenger operations following a long suspension due to the COVID-19 […]

Read More

Cambodia Connects Over 1.3 Million Households to Clean Water Network by Mid-2024

By the first half of 2024, the Cambodian government has successfully connected the water supply network to more than 1.3 million households, out of a total of 3.555 million houses across the country. This achievement, assuming one connection per house, marks a significant milestone in Cambodia’s infrastructure development, according to Ministry of Industry, Science, Technology […]

Read More

Indonesia Implements Cloud Planting Techniques to Mitigate Rain Impact on New Capital Construction

Indonesia is employing climate modification techniques known as cloud seeding to reduce heavy rains that have impeded the construction of its future capital, Nusantara. The new city, set to open on 17 August 2024, aims to alleviate issues faced by the current capital, including heavy traffic congestion and potential flooding, according to Business Times on […]

Read More

Cambodia National Bank Reports Loan Disbursement to Real Estate & Construction Continues to Surge

Loan disbursement from banking institutions to the construction and real estate sectors continues to grow significantly, with the sectors projected to see slow growth in 2024. As of the first half of 2024, loans to real estate trading activities reached US$5,996 million, accounting for 11.3% of the total outstanding loan amount of US$52.8 billion. This […]

Read More

Thailand Accelerates Completion of 873km High-Speed Rail Project Linking Bangkok to China’s Kunming

Thailand is fast-tracking the development of an 873-kilometre high-speed rail project that will connect Bangkok with the Lao-China railway, significantly easing the transport of people and goods from Bangkok to Kunming, the capital of China’s Yunnan Province. The project, estimated to be worth between US$5 billion and US$9.9 billion, is expected to be completed in […]

Read More

Vietnam Seeks China’s Expertise for High-Speed Rail & 1,500 km North-South Railway Project

Vietnam is seeking China’s support for the development of its high-speed rail network, including the China-Vietnam cross-border railway project, to enhance trade between the two countries. On 25 June 2024, VnExpress reported that Vietnamese Prime Minister Pham Minh Chinh conveyed this request to Lou Qiliang, Chairman of China Railway Signal Information, during the World Economic […]

Read More

VinFast Invests US$200m in New Indonesian Plant, Aiming for 50,000 Cars Annually

Vietnamese electric vehicle (EV) maker VinFast has committed US$200 million to establish a new manufacturing plant in Subang, West Java, Indonesia. The facility, which will have the capacity to produce up to 50,000 cars annually, will feature a general assembly line, paint shop, and special test area, creating thousands of local jobs. This information was […]

Read More

Hyundai Open First EV Battery Plant in Indonesia, First in ASEAN, Aiming to Supply 150,000 Vehicles Annually

Hyundai has launched its first electric car battery plant in Indonesia in partnership with LG Energy Solution, setting a significant milestone in its global supply chain strategy. The new facility, capable of supplying around 150,000 Hyundai and Kia electric vehicles annually, began operations on 3 July 2024, according to Asia.nikkei.com. With an operational capacity of […]

Read More

Japan Grants Over US$57m to Cambodia for Human Resource & Infrastructure Development

The Ministry of Economy and Finance and the Japan International Cooperation Agency (JICA) have signed two agreements worth 8.679 million yen (US$57.5 million) to support human resource and infrastructure development in Cambodia. This was announced in a joint press release on 19 July 2024. The agreements include a grant financing agreement and a concessional loan […]

Read More