Royal Group Invests US$35 million Building 70km of Roads on Koh Rong Island

The Royal Group has injected US$35 million to build 70km of concrete roads on Koh Rong Island, as part of the firm’s development masterplan. The 70km of road is to be built by Sinohydro Construction Co Ltd from China, and the construction agreement was signed on 14 July at Preah Sihanouk province. According to a […]

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City Hall Redesigning Sokimex Kbal Thnal and Wat Neak Voan Junctions

Phnom Penh Municipality is adjusting the traffic flow at the Sokimex Kbal Thnal junction (the junction of Monivong Blvd, St. 271, and Hun Sen Blvd), and Wat Neak Voan Junction (the junction of St. 221 and Russian Blvd), by constructing new roads, expanding existing roads, and reconfiguring traffic lights. For the Sokimex Kbal Thnal junction, […]

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20 Investment Projects Proposed in Siem Reap Development Master Plan

At least 20 major investment projects have been proposed as part of the 2020-2035 Siem Reap Tourism Development Masterplan during an inter-ministerial meeting last week. The meeting was joined by the Ministry of Tourism, the Ministry of Environment, the Ministry of Culture and Fine Arts, and the Siem Reap Provincial Municipality. During the meeting, the […]

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Thai government approves US$9bn Pattaya airport expansion

A consortium led by Bangkok Skytrain and metro operator BTS has been given the green light by the government of Thailand to expand U-Tapao International Airport near Pattaya. The consortium, which includes Bangkok Airways and Sino-Thai Engineering & Construction, plans to build a third terminal and cargo and plane maintenance centres as well as create […]

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Cambodia and other 5 Countries Agree to Donate US$180.2 million to Fund BRI Projects

Cambodia and other 5 countries including China, Egypt, Saudi Arabia, Hungary, and the Philippines have agreed to donate US$180.2 million as a multilateral fund to support Belt and Road Initiative (BRI) infrastructure projects, according to China Daily on 08 July 2020. The fund was set up by the Multilateral Cooperation Center for Development Finance and […]

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Gov’t will not cut infrastructure spending

The Cambodian government is excluding funding for building and restoring infrastructure from its COVID-19 budget cuts. According to the government announcement, the 2020 fiscal budget cut is being implemented to save money for economic recovery, which has been hit hard by the pandemic. The budget gained expenditure cutting will be used as a subsidy fund […]

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Cambodia’s loan demand rose by 20.7% in H1, 28.8% of which from construction and property sector

Bank loan demand in Cambodia rose by 20.7% to US$26.7 billion during the first half of 2020, of which the construction and real estate sector accounted for 28, 8%, according to the biannual report of the National Bank of Cambodia. The report continues that the loans have been given to key sectors and among which […]

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Calmette Hospital US$40 million Multipurpose Building 40% Complete

Construction of the Calmette Hospital multipurpose building is now 40% complete by as scheduled, according to Health Minister HE Dr Mam Bunheng in an interview on BTV on July 07. HE Dr Mam Bunheng said that as the minister of health, he always checks on the infrastructure development of the hospital as well as medical […]

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Ratanakiri Province Now Connected to National Grid

Ratanakiri province can now access the national grid with power was supplied from the Lower Sesan Dam 2 on a 230-kilowatt high-voltage transmission line. Electricity du Cambodge (EDC) officially launched a 230-kilowatt high-voltage transmission line about 102 kilometres from the Sesan Dam 2 in Stung Treng province and a new 230-kilowatt grid substation in Ratanakiri […]

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Huawei to Expand Smart PV Tech Market in Cambodia

Huawei has signed a partnership with ASEAN’s largest cable technology company to expand the supply of its smart, or new FusionSolar power, in six countries including Cambodia, Indonesia, Laos, Myanmar, the Philippines and Thailand, according to PV magazine on 07 July 2020. The partnership between Huawei and JJ-LAPP, the largest cable technology company in ASEAN, […]

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