Construction Focus
Cambodia Secures Japanese Loan of US$154m to Establish Two New Hospitals in Two Provinces
PM Samdech Hun Manet has announced a landmark initiative by the Cambodian government to enhance healthcare services by constructing two regional hospitals in Kampong Cham and Siem Reap. This strategic move, unveiled during the 43rd Health Review Meeting on 19 March 2024, aims to address the growing demand for quality healthcare across the nation. During […]
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Cambodia’s Investment Surge: Attracts US$4bn in 6 Months, Generating Over 170,000 Jobs
In a significant example of economic growth, Cambodia has seen a surge in investment, welcoming a staggering US$4.15 billion in investment expansion and new projects over the span of six months, from September 2023 to February 2024. This influx of capital has not only bolstered the nation’s economic landscape but has also paved the way […]
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Koh Tonsay Tourism Port Reaches 90% Completion, Marking Milestone for Kep Province
A significant milestone has been achieved in Kep province as the construction of the tourist port on Koh Tonsay nears completion, reaching an impressive 90% as of 19 March 2024. This progress was confirmed during an inspection conducted by HE Dr. Som Piseth, Governor of Kep Province, and the accompanying working group, underscoring the province’s […]
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SSCA Urges Collaborative Efforts in Issuing Building Permits Near Techo International Airport
The Secretariat of State for Civil Aviation (SSCA) has called for enhanced cooperation among relevant authorities before granting building permits in the vicinity of the Techo International Airport, underscoring the importance of adherence to aviation safety standards. HE Dr Mao Havannall, Minister in Charge of the Secretariat of Civil Aviation, emphasised the necessity for close […]
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Cambodia Unveils Ambitious US$5bn Plan for Maritime Infrastructure to Serve 1.2m Passengers and 41m tons of Cargo by 2030
In a strategic move to bolster Cambodia’s water transport capabilities and fortify its logistics system, the Royal Government has proposed a comprehensive master plan comprising 20 maritime projects. With a total investment requirement of US$5.461 billion, these initiatives aim to support the country’s transformation into a high-middle-income nation by 2030. The ambitious plan, disclosed in […]
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PM Issues Directive on Dormant Tourism Projects to be Revoked Licenses If Remain Inactive for 6 Months
Prime Minister Hun Manet made a significant announcement regarding the status of small-scale tourism projects in Cambodia by emphasising the necessity of reviewing and potentially revoking licenses for projects that have remained inactive for six months after obtaining approval. This directive was announced during a recent plenary session of the Council of Ministers on 15 […]
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Dauntri Dam in Battambang Province Reaches 81% Completion, to be completed by October Next Year
Construction of the Dauntri Dam in Battambang province, funded by South Korea, has reached an impressive 81% completion and is on track to be operational by 2025, as announced by the Ministry of Water Resources and Meteorology (MWRM). The latest progress update was revealed during a site visit led by HE Chuon Beth Thul, the […]
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Chinese Investment in ASEAN Reaches US$20 billion, up 37%, Cambodia Can Absorb Approx. 16%
Chinese investment in Southeast Asia has surged to nearly US$20 billion, marking a substantial 37% increase from the previous year, according to a report jointly conducted by Griffith University and Fudan University. Published by Thailand-business-news on 11 March 2024, the report underscores the resilience and strategic growth of Chinese investment in the region, particularly in […]
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Thailand’s Paper Tree Eyes Expansion in Cambodia’s Horticultural Industry for Export
Paper Tree (Cambodia) Co., Ltd, a Thai company, has revealed its plans to register as a qualified investor in Cambodia’s tree industry, focusing on horticultural production for export. This announcement came during a meeting between Mr Yuenyong Subsaud, Director of Paper Tree (Cambodia) Co., Ltd, and HE Nuth Un Vanra, Deputy Secretary-General of Cambodia’s Investment […]
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Bentley Systems Issues Call for Nominations for the 2024 Going Digital Awards in Infrastructure
Winners to be Selected and Announced at The Year in Infrastructure and Going Digital Awards Event in Vancouver EXTON, Pa. – March 14, 2024 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced its call for nominations for the 2024 Going Digital Awards in Infrastructure. The awards, which are judged by […]
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