Construction Focus
PM Announces Funan Techo Canal Project Set to Launch in August 2024
The Cambodian government has announced the commencement of the US$1.7 billion Funan Techo Canal project in August 2024. The announcement was made by PM Hun Manet during the inauguration of various achievements at the Cambodian Buddhist Cultural Centre on 30 May 2024. “The construction of the Funan Techo canal will begin in August 2024,” stated […]
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NR No. 31 Rehabilitation Project Nears 90% Completion
As of 29 May 2024, the ambitious project to restore and upgrade NR No. 31, which extends over 53 kilometres, has achieved an impressive 87.19% completion. This major infrastructure initiative is set to be finished more than a year ahead of schedule. This update was confirmed via the official Facebook page of the Ministry of […]
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Cambodia Renames Third Ring Road to “Xi Jinping Boulevard” in Honour of Strengthened Ties with China
In a significant move to honour the enduring partnership between Cambodia and China, the “Third Ring Road” has been officially renamed “Xi Jinping Boulevard”. This key infrastructure, connecting NR No. 1 to NR No. 4 and spanning nearly 53 kilometres, was inaugurated in a ceremony presided over by Samdech Hun Manet and HE Wang Wentian, […]
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AMRO Forecasts Cambodia’s Economy to Grow 5.6% in 2024 and 5.9% by 2025
The ASEAN + 3 Macroeconomic Research Office (AMRO) recently released a positive outlook for Cambodia’s economy, predicting a growth rate of 5.6% in 2024 and 5.9% in 2025. This upward trend signifies a significant improvement compared to the 5% growth recorded in 2023, according to AMRO press release on 23 May 2024. Garment Sector & […]
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Stung Prek Tnaot Rehabilitation Project Nears Completion with 95% Progress
The Stung Prek Tnaot Rehabilitation Project in the lower part from the east of National Road 3 has reached an impressive 95% completion and is on track to be finished by June or July this year. This update was shared on the official Facebook page of the Ministry of Water Resources and Meteorology on 25 […]
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Yuba Water Implements Digital Twin for Automated Monitoring of California’s Second Tallest Dam
Using Bentley’s Reality Modeling and iTwin Applications, they have established situational intelligence to optimize risk assessment for the New Bullards Bar Dam. This 645-foot-tall concrete arch dam was constructed in 1970 to minimize flood risk, produce clean hydropower, and guarantee a dependable water supply for Yuba County residents. The previous monitoring system for the dam […]
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Kampong Speu Authorities confiscated 1,400 hectares of forest land in Oral district
In the first five months of 2024, Kampong Speu provincial authorities decided to confiscate more than 1,400 hectares of forest land in Kampong Speu province’s Oral district as state property after illegal land acquisition. This is according to the orders of the three administrations of Kampong Speu province, which include: First, an order issued on […]
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Kampong Speu Province to Welcome Four New Factories with US$25m investment, Creating Over 1,200 Jobs
The Cambodian investment landscape is buzzing with new developments in Kampong Speu province. The Council for the Development of Cambodia (CDC) recently greenlit four investment projects with a combined value of nearly US$25 million. These new factories are expected to generate significant employment opportunities, creating over 1,200 new jobs for the local workforce. The official […]
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Cambodia Revs Up for Carbon Neutrality 2025: Electric Vehicles Take Centre Stage
The Ministry of Public Works and Transport (MPWT) has announced a strategic push towards electric vehicles (EVs) to achieve the ambitious goal of carbon neutrality by 2050. This declaration, made by HE Peng Po, the Minister of MPWT, at the International Transport Forum Summit, Germany on 23 May 2024, underscores Cambodia’s commitment to environmental sustainability, […]
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Anglo-Swedish Pharma Giant AstraZeneca to Build US$1.5bn Green Cancer Treatment Facility in Singapore
Leading pharmaceutical company AstraZeneca, a joint venture between British and Swedish interests, has announced a significant investment of US$1.5 billion in a brand-new cancer treatment plant located in Singapore. This state-of-the-art facility will focus on the production of antibody-drug conjugates (ADCs), a new generation of targeted cancer therapies. The news, reported by Reuters on 20 […]
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