Vietnam Spends US$63m to Build 5,000 New BTS Stations, Ranking 5th in APEC

Viettel Construction Joint Stock Corporation has embarked on a substantial investment project, committing 1,460.4 billion VND (approximately US$63.5 million) to construct 5,000 Base Transceiver Stations (BTS) for lease in 2024. This expansive project will span all 63 provinces and cities in Vietnam, aiming to bolster Viettel Construction’s BTS station count to a total of 9,975 […]

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Rehabilitation of Main Canal 96 Reaches 35% Completion

The project rehabilitating the main Canal No. 96, a vital component of the effort to manage water flow and divert rainwater away from Phnom Penh, has achieved approximately 35% completion, as reported by the Ministry of Water Resources and Meteorology (MoWRM) on 13 March 2024. According to the ministry, HE Tho Chetha, Minister of Water […]

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Cambodia Malaysia China High-Tech Park Worth US$300m on 100ha Near Phnom Penh to be Completed in Five Years

Global real estate network IQI has forged a Memorandum of Understanding (MoU) to establish an advanced technology manufacturing park in Cambodia. The initial phase of the high-tech park, known as the Cambodia Malaysia China High-Tech Park, boasts a gross development value of US$300 million and spans an area of up to 100 hectares, with potential […]

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NR 33 Rehabilitation Project Exceeds Expectations, Progress at 55% Faster Rate

The rehabilitation and enhancement project of NR 33 has surpassed expectations, achieving over 55% completion as of 15 March 2024, which is 17% faster than initially planned. This notable progress was confirmed during a meeting chaired by HE Pal Chandara, Secretary of State of the Ministry of Public Works and Transport and Project Director. Also […]

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EU Commits US$13m Grant for Bakheng Water Treatment Plant Phase 3

The European Union (EU) has pledged a grant of US$13 million for the implementation of Bakheng Water Treatment Plant Phase 3, as announced by HE Jutta Urpilainen, European Commissioner for International Partnerships, during a visit to the plant on 13 March. HE Hem Vanndy, Minister of Industry, Science, Technology, and Innovation (MISTI), also participated in […]

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Progress Update: Mekong River Bridge Construction in Kratie Province Reaches 45% Completion

The Ministry of Public Works and Transport (MPWT) has announced that the construction of a Mekong River bridge in Kratie province, funded by China with a budget of US$111 million, has reached 45% completion, with the connecting road at 15%. HE Lim Sidenin, Secretary of State of the MPWT, led a technical working group to […]

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Funan Techo Canal Development: Shifting Economic Currents in Southeast Asia

The ambitious Funan Techo Canal project aims to forge a direct link between the Phnom Penh Autonomous Port and the seaport of Kep province through a monumental canal—the largest in Cambodian history. With dimensions boasting a width of 100 metres and a depth of 5.4 metres, the canal is primed to accommodate cargo ships of […]

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Gov’t Advances Modern Technology for Maintenance of Over 50,000km of Rural Roads

HE Chhay Rithi Sen, Minister of Rural Development, has urged relevant officials to adopt modern technology for the upkeep of rural roads, which now span more than 50,000 kilometres across Cambodia. This directive was issued during a meeting on 13 March 2024, convened to review and discuss the priority program titled “Development of Physical Infrastructure […]

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Cambodia’s Robust Trade Performance: Exceeding US$8bn in Two Months, Marking Nearly 20% Growth

In the initial two months of 2024, Cambodia’s international trade volume surged to over US$8 billion, registering a notable increase of nearly 20% compared to the corresponding period in 2023, as per the provisional report from the General Department of Customs and Excise of Cambodia. The report reveals that from January to February, Cambodia’s exports […]

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Transformative Infrastructure Initiatives Propelling Southwest Cambodia towards Logistics Hub Status

Prime Minister Samdech Hun Manet of Cambodia has emphasised that the implementation of significant infrastructure projects, including the Funan Techo Canal and Techo International Airport, will elevate the southwestern region of the country to a pivotal logistics hub. Prime Minister Hun Manet articulated these views while inspecting the ongoing development of the US$1.5 billion 4F-class […]

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