Construction Focus
MOE & MOL Signed MoU to Reduce Plastic Use in Workplaces to Boost Productivity
A Memorandum of Understanding (MoU) aimed at reducing plastic use in enterprises and establishments to enhance the working environment and increase productivity has been signed by the Ministry of Environment and the Ministry of Labor & Vocational Training. This significant agreement was presided over by HE Eang Sophalleth, Minister of Environment, and HE Heng Sour, […]
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Himalayan Bungy Elevates Adventure Tourism in Rishikesh to Unprecedented Heights
Skeleton Consultants Overcome Structural Hurdles to Engineer India’s Tallest Bungee Tower Nestled on the right bank of the Ganges River amidst the foothills of the Himalayas, Rishikesh in India stands as a revered pilgrimage site for Hindus and is globally acknowledged as the epicenter of yoga. Annually, it beckons yogis from around the world to […]
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France to Build Museum Near Koh Ker to Boost More Tourists
France plans to build a museum near Koh Ker temple to attract more tourists. This initiative was discussed by HE M. Vincent Éblé, Senator of the Seine-et-Marne (Île-de-France) and Chairman of the Franco-Cambodian Friendship Group, during a meeting with Samdech Techo Hun Sen on 17 May 2024. During the meeting, HE M. Vincent Éblé suggested […]
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Korean Industrial Alliance Eyes Major Investments in Cambodia’s Furniture, Engineering, and Automotive Sectors
Plans to expand investment in Cambodia’s furniture, engineering, and automotive sectors have been confirmed by new companies from the Korea Industrial Alliance Forum. This announcement was made during a discussion between His Majesty the King of Cambodia and Mr. Marn Ki-jeong, President of the Korea Federation of Industries (KIAF) on 17 May 2024, during an […]
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China Pledges US$10m to Bolster Cambodia’s Counterfeit Product Defences
Cambodia and China are set to strengthen their collaboration in combating counterfeit goods. During a working meeting on 16 May 2024, the Suzhou Institute of Construction Science in China proposed a US$10 million investment to establish a state-of-the-art counterfeit product laboratory in Cambodia. This initiative, communicated by Mr. Jack Yang, Director General of the Institute, […]
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Chinese Company YIG Eyes SEZ Opportunity Near Siem Reap Angkor International Airport
In a move that could significantly bolster Siem Reap’s economic landscape, YIG, a major Chinese investment firm, has expressed interest in developing a special economic zone (SEZ) near the newly constructed Siem Reap Angkor International Airport. This interest was conveyed during a meeting on 17 May 2024 between HE Chea Vuthy, Secretary General of the […]
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Cambodia Prepares Strategic Budget Plan 2025 to Weather Global Economic Headwinds
The Cambodian government is taking proactive measures to safeguard its economic stability in the face of a challenging global economic climate. On 13 May 2024, Circular No. 06. US was issued, outlining the development of a strategic budget plan for 2025-2027, alongside a draft law on financial management specifically for 2025. This initiative underscores the […]
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Cambodia & Korea Strengthen Trade Ties with US$751m Volume & New Six MoUs
Cambodia and South Korea reaffirmed their strong trade partnership with a bilateral trade volume reaching US$751 million in 2023 and the signing of six Memoranda of Understanding (MoUs) on 16 May 2024. The MoU signing ceremony, presided over by Cambodian Prime Minister Hun Manet and South Korean President Yoon Suk Yeol in Seoul, signifies a […]
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Kampot Unveils Plans to Enchant Tourists with Floating Market & Beach Developments
In a bid to solidify Kampot’s position as a premier tourist destination, provincial authorities have unveiled a series of captivating projects, including a floating market and pristine beach developments, according to the Ministry of Information on 17 May 2024. These initiatives aim to broaden Kampot’s tourism offerings, catering to both domestic and international visitors. Inspired […]
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Cambodia, Korea signed an MOU to do a feasibility study on the establishment of the SEZ in Cambodia
Cambodia and Korea have signed a Memorandum of Understanding (MoU) to study the possibility of establishing a Cambodia-Korea Special Economic Zone in a specific sector aimed at attracting more Korean investors to Cambodia. The Memorandum of Understanding on Investment Cooperation was signed by the Council for the Development of Cambodia and the Ministry of Commerce, […]
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