Construction Focus
USAID Grants USD 55 Million to Cambodia, Prioritising Food Security, Health & Environment
The United States, through the United States Agency for International Development (USAID), has allocated over USD 55 million to strengthen Cambodia’s food security, environmental conservation, civil society, health, investment landscape, and demining efforts. This major funding package was detailed in a press release from USAID on 22 and 23 October 2024. Ms. Samantha Power, Director […]
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NRNo. 31 (Bek Kus – Kampot) Rehabilitation with 53km in Length Nears Completion, Achieving Almost 99% Progress
The extensive rehabilitation of Cambodia’s NR No. 31, covering a 53.54-km stretch from Bek Kus to Kampong Trach, is almost complete, reaching a 98.68% progress milestone as of 21 October 2024. This update was shared during a review meeting led by His Excellency Khan Ma Ne, Secretary of State and Director of the Rehabilitation and […]
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Bentley Systems Announces Winners of the 2024 Going Digital Awards
The company also recognises select projects with Founders’ Honors for advancing infrastructure VANCOUVER (Bentley Systems’ Year in Infrastructure 2024), October 9, 2024 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the winners of the 2024 Going Digital Awards. The annual awards honour the extraordinary work of infrastructure professionals and their […]
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Australia Invests USD 65 Million to Enhance Cambodia’s Economic Growth through CAPED Program
The Australian Government has committed approximately AUD 87 million (USD 65 million) in new grant funding to the Cambodia-Australia Partnership for Sustainable Economic Development (CAPED) program, aiming to bolster Cambodia’s economic resilience and growth. The announcement was made through a press release from the Ministry of Economy and Finance on 17 October 2024. The CAPED […]
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Cambodian Gov’t Reduces 2025 Budget to USD 9.32 Billion Amid Strategic Economic Planning
The Cambodian government has approved a 2025 budget bill totaling approximately 37.95 trillion riels (USD 9.32 billion), marking a reduction from the 38.83 trillion riels (USD 9.54 billion) allocated for 2024. The budget cut came as part of a strategic approach to economic planning. It was endorsed during a cabinet meeting chaired by PM Samdech […]
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PM Celebrates Inauguration of USD 62 Million Dam Rehabilitation Projects in Mondulkiri
Three major dam rehabilitation projects in Mondulkiri, the Otethipadi, Sen Sokdom, and Sen Monorom dams, have officially been inaugurated, representing a USD 62 million investment aimed at transforming the province’s water infrastructure. The inauguration ceremony, presided over by PM Hun Manet, marked a significant step towards improving local livelihoods, with the projects set to supply […]
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Bokor Mountain Cable Car Project Under Study by Sokimex, Doppelmayr & Confluences
Sokimex Investment Group (SIG) has granted permission for Doppelmayr and Confluences to explore the feasibility of a cable car system on Bokor Mountain in Kampot province, aiming to boost tourism and economic growth. This announcement was shared on the official Facebook page of SIG on 21 October 2024, confirming the companies’ involvement in assessing the […]
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Hungary Pledges Support to Boost Foreign Investment in Cambodia
Hungary has vowed to expand its cooperation with Cambodia by actively encouraging foreign investors to explore and pursue business opportunities within the kingdom, aiming to strengthen trade and economic ties. The commitment was expressed by HE Tibor Baloghd, the Hungarian Ambassador to Cambodia, during a meeting with Samdech PM Hun Manet on 23 October 2024. […]
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Gov’t to Launch Three Major Water Storage Systems for Agriculture & Eco-Tourism
The Ministry of Water Resources and Meteorology has unveiled plans to establish three large-scale Cascade Systems for rainwater storage in the Cardamom Valley, Oral Mountains, and Pich Nil Waterfall, aimed at bolstering water management for agriculture and tourism. The announcement was made by HE Chan Sinath, Secretary of State for the Ministry of Water Resources […]
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Major Highway Expansion Completed to Boost Thai-Cambodian Trade & Regional Connectivity
The Thai Department of Highways has announced the full completion of the Highway 317 expansion project, upgrading the route from Chanthaburi to Sa Kaeo from two lanes to four lanes. The project, which spans over 16 kilometers and costs approximately USD 26 million, aims to enhance trade and economic growth between Thailand and Cambodia by […]
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