Construction Focus
Cambodia’s Trade Volume Hits US$17bn in First Five Months of 2024, Down 10%
In the first five months of 2024, Cambodia’s trade volume reached approximately US$17 billion, marking a 10% decrease compared to the same period in 2023. This decline, reported by HE Sok Sopheak, Secretary of State and spokesperson for the Ministry of Commerce, was attributed to sluggish overseas consumer markets and inflation in buyer countries. The […]
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Techo International Airport in Takhmao City Nears 76% Completion
The construction of Techo International Airport in Takhmao City, an ambitious project with a US$1.5 billion investment, has reached 75.8% completion as of 6 June 2024. The project is on track to be operational by the first half of 2025, marking a significant milestone for Cambodia’s aviation sector. Led by HE Mao Havannal, Minister in […]
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PM Announces Funan Techo Canal Groundbreaking Ceremony for 5 August 2024
PM Hun Manet officially announced that the groundbreaking ceremony for the Funan Techo Canal will take place on 5 August 2024. This significant project aims to enhance Cambodia’s political independence, transportation infrastructure, and national economy by developing inland waterway transportation. The announcement was made during the inauguration ceremony of the Kampot Multi-Purpose Port on 6 […]
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Kampot Multi-Purpose Port Phase 1 Inaugurated with US$140m Investment
The first phase of the Kampot Multi-Purpose Port Development Project, valued at approximately US$140 million and covering a total area of 207 hectares, has been officially inaugurated. The ceremony, held on 6 June 2024, was presided over by PM Samdech Hun Manet. The initial phase of the Kampot Multi-Purpose Port includes the construction of significant […]
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NR No. 48 Rehabilitation Project (Sre Ambel-Koh Kong) Achieves 60.50% Completion, Set for 2025 Finish
The rehabilitation and upgrading project of NR No. 48 (Sre Ambel-Koh Kong), spanning 148km, has reached 60.50% completion and is scheduled to be finished by 2025. This progress was reported during a site visit by HE So Vector, Secretary of State of the Ministry of Public Works and Transport, on 5 June 2024. During the […]
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NR No. 33 Rehabilitation Project Nears Completion with 81.26% Progress, Sets for Completion This Year
The rehabilitation and upgrade of NR No. 33 (Kampot-Chrak Lok) has reached 81.26% completion as of June 2024, with the project expected to be finished by the end of the year. This milestone was reported during an inspection visit by HE Pal Chandara, Secretary of State of the Ministry of Public Works and Transport, on […]
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MEF Introduces Income Tax Incentives for Expanding Investment Projects
The Ministry of Economy and Finance (MEF) has issued new guidelines to provide income tax incentives for the expansion of qualified investment projects (EQIP), as outlined in Prakas No. 313 MEF.PrK.PD dated 10 May 2024. This move aims to stimulate economic growth by encouraging investment in various sectors. According to the Prakas, the incentive period […]
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Svay Rieng Celebrates Completion of Phase 1: Kampong Chrey Irrigation Canal Project
The first phase of the Kampong Chrey Irrigation Canal project in Svay Rieng province was completed as announced by the Ministry of Water Resources and Meteorology (MWRM) on 4 June 2024. This milestone achievement marks a significant step forward in bolstering agricultural productivity in the region. An inspection led by HE Ton Vanthara, Secretary of […]
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SHV Autonomous Port Generates Over US$35m in Four Months, Up 24%
In the first four months of 2024, Sihanoukville Autonomous Port earned over US$35 million from its import and export operations, handling more than 3 million tons of goods. This marks a significant 24.40% revenue increase compared to the same period in 2023. This data was reported by Mr. Thai Rithy, Deputy Director General of Sihanoukville […]
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Large Kampong Thom Cashew Processing Factory with Capacity of 1.5k tons Officially Inaugurated
The Cashew Nut and Shell Processing Plant in Kampong Thom Province, with an annual processing capacity of 1,500 tons, was officially inaugurated by HE Touch Bun Hour, Secretary of State of the Ministry of Agriculture, and HE Atsushi Ueno, Ambassador of Japan to Cambodia on 4 June 2024. During the ceremony, HE Touch Bun Hour […]
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