Construction Focus
Over 700kg of Gold Ore Refined in Three Months
Renaissance Minerals has refined over 700kg of gold ore in three months of the refinery production process in northeastern Cambodia’s Mondulkiri province, while over 500kg has already been exported to Australia for purification. Speaking at the cabinet meeting held last Friday, Samdech Techo Hun Sen, Prime Minister of Cambodia, said, “In the three-month period, Cambodia […]
Read MoreCambodia Needs 1.6 billion SDR to Develop Six Prioritised Sectors in 2022
The Cambodian government would need a total of 1.6 billion SDR (international reserve assets) to develop six prioritised sectors or equivalent to 35 public investment projects in 2022, according to the new Draft Law on Financial Management. The SDR will be allocated to sectors such as energy (8 projects), irrigation (5 projects), physical infrastructure (7 […]
Read More‘Clean Energy Week’ to Bring Inclusive Development of Green energy for Cambodia
Clean Energy Week, Cambodia’s biggest convention on clean energy, has already begun, hoping to bring Cambodia a more advanced and inclusive development plan in green energy. Held between 21-28 October online, the virtual event organised by EngeryLab Cambodia shares how clean energy can bring much needed green investment and jobs, while supporting energy security, improving […]
Read MoreVarious Investment Projects Worth US$95 million Approved for Four Provinces
The Council for the Development of Cambodia (CDC) has recently given permits to private firms to invest a total of US$94.9 million in establishing seven factories in Phnom Penh, Kampong Speu, Sihanoukville, and Svay Rieng. The first investment permit has been granted to TREND APPAREL CO., LTD to invest US$2 million to build a garment […]
Read MorePM Hun Sen to Begin Chairing National events Marking Cambodia’s Resilience to COVID-19
Cambodian Prime Minister Samdech Hun Sen has announced that he will start to preside over inauguration or groundbreaking ceremonies of infrastructure projects from now on after the number of COVID-19 cases have dropped significantly in the past months. This also marks the new normal of Cambodia being resilient to the COVID-19 pandemic, said PM Hun […]
Read MoreNR5 Renovations for Pursat Province Section Set for Completion by Years End
The new Pursat Governor HE Chiao Tai has requested the Inter-Ministerial working group to accelerate work on NR5 for the section crossing Pursat province, aiming for completion by year-end or early next year. HE Chiao Tai made the request during the progress follow-up meeting with the relevant officers on Thursday 21 October. He said during […]
Read MoreAPSARA Authority Approves Over 390 Construction Projects in Angkor Park in Jan-Sept
From January to September this year, the Department of Land and Habitat Management in the Angkor Park of APSARA National Authority has given construction permits to a total of 392 families to build their new homes within the Angkor Archaeological Park. According to the announcement of the APSARA Authority on 20 October, the permissions were […]
Read MoreJICA Provides US$58-million Loan Expanding SR’s Water Supply Capacity
The Japan International Cooperation Agency (JICA) in Cambodia has decided to provide an approximately US$58-million concessional loan to Cambodia for the expansion of Siem Reap’s clean water supply capacity. The loan agreement was signed virtually on 21 October between Minister of Economy and Finance HE Aun Pornmoniroth and Head of the Japan Cooperation Agency in […]
Read MoreRetail Occupancy & Rental Rates Slide Further in Q3 2021: CBRE
Three new community mall projects were completed during the third quarter this year with four new international retailers joining the market, while occupancy and the rental rates continue to decline due to the pandemic pressure, according to CBRE’s most recent report. The completed retail projects are SCG Design Village, The Commune, and MC Park. Meanwhile, […]
Read MoreTransport Minister Urges US Firms to Engage More in Infrastructure Development
The Minister of Public Works and Transport HE Sun Chanthol has placed high hopes on the US private sector gradually becoming further involved in the Kingdom’s infrastructure development, by urging US firms to consider bidding for more public projects in Cambodia. HE Sun Chanthol made the remarks in an online meeting on 20 October with […]
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