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ខ្មែរ Construction Focus
Samdech Techo Inaugurates Ring Road 3, Now Completed at Whopping US$464m
- 3 August 2023
The highly anticipated inauguration of Ring Road 3, a testament to connectivity and progress, was celebrated under the leadership of Samdech Hun Sen, PM of Cambodia on 3 August 2023. Symbolising a beacon of sustainable development, the grand inauguration of Ring Road 3, after a colossal investment of US$464 million, resonated as a triumph of cross-border cooperation and steadfast commitment to ...
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Cambodia Achieves Successful Bond Issuance of US$27 Million in H1-2023, Equal to 13.5% of Plan
- 3 August 2023
The Cambodian government has successfully issued bonds worth a total of US$27 million in the first half of 2023. This remarkable achievement signifies a substantial step towards the realisation of the planned US$200 million issuance, according to the release of the Ministry of Information on 31 July 2023. The Ministry of Information's release on 31 July 2023 underscored the significance of this...
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Transformative Mekong River Bridge Project in Kratie Province Gains Momentum, Reaches 15% Completion
- 2 August 2023
A large infrastructure project is swiftly shaping the landscape of Kratie province as the construction of a pivotal bridge across the Mekong River marks a significant milestone, achieving an impressive 15% completion rate as of July 2023. The project progress, overseen with a visit by the Kratie Provincial Department of Public Works and Transport in collaboration with CNC on 2 August 2023, attests...
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China Approves Six New Nuclear Reactors to Expand as World’s Biggest Pipeline of New Atomic Energy
- 2 August 2023
In a resolute move that underscores its commitment to bolstering its nuclear capabilities, China's State Council has granted the green light for the construction of six new nuclear power units, signifying a monumental stride in the nation's ongoing pursuit of expanding its extensive pipeline of groundbreaking atomic energy initiatives. The approved projects, with a combined estimated investment...
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CamDX Registers Construction Companies with Investment Capital of US$1bn & Real Estate Firms with US$921m
- 2 August 2023
The innovative Online Business Registration Platform, CamDX, has emerged as a catalyst for economic growth, registering an impressive influx of investments within Cambodia's construction and real estate domains. As of July 2023, the platform has facilitated the registration of construction companies boasting a combined investment capital of US$1.07 billion, while concurrently ushering in real esta...
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Progress Reaches 65% in Conversion of Old Railway into Modern Concrete Road, Russey Keo
- 2 August 2023
The ambitious project to renovate the former 4,400-metre-long railway line in Russey Keo district into a reinforced concrete road has edged closer to completion, boasting a commendable 65% progress. National Television of Cambodia shared this significant update on 31 July 2023. This transformative initiative is set to redefine connectivity in the region, with the conversion of the old railway s...
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Construction & Real Estate Sector Show Signs of Recovery in H1 2023
- 1 August 2023
The echoes of recovery reverberate through Cambodia's construction and real estate sectors, painting an optimistic picture as the nation strides forward into the first half of 2023. A surge in the import of construction materials and equipment, registering a 0.4% increase, amounting to approximately US$911 million compared to the previous year, signifies an industry back on the rise. A recent r...
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Cambodia Attracts Tech Giants: Korean & Chinese Firms Explore Setting Up Advanced Factories
- 1 August 2023
Cambodia's fervent drive to foster technological progress and human resource development in the realm of cutting-edge industries is attracting the attention of major international players from China and South Korea. Diving into a realm of potential, these global giants are earnestly evaluating the feasibility of establishing advanced technology factories within Cambodia, including the pivotal doma...
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Forging Stronger Ties: Cambodia Extends Invitation to Australia for AusTrade Office
- 1 August 2023
A momentous meeting between the Cambodian private sector, led by Okhna Kith Meng President, of the Cambodian Chamber of Commerce, and Australian Special Envoy for Southeast Asia, Mr Nicolas Moore, marked a pivotal step towards fortifying bilateral relations between Cambodia and Australia through official meeting on 10 July 2023. At the heart of the discussion was the proposal for Australia to e...
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Vietnam’s Cutting-Edge Rubber Processing Plant Unveiled in Kampong Thom, Paving the Way for Enhanced Production
- 31 July 2023
Vietnam's Chipa rubber processing plant in Kampong Thom, capable of processing 2 tons of rubber per hour was officially launched in an inauguration ceremony on 28 July 2023. Located in Dang Kambit commune, Sandan district, Kampong Thom province, the factory's completion aligns seamlessly with the planned timeline, showcasing the efficacy of strategic partnerships. Governor HE Nguon Rattanak,...
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