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ខ្មែរ Construction Focus
Gov’t Greenlights 7 New Factories Worth US$40.8 Million in Kandal, Kampong Speu & Phnom Penh
- 13 October 2023
In a resounding endorsement of Cambodia's economic prospects, the Council for the Development of Cambodia (CDC), has recently given its approval to seven companies to establish cutting-edge factories with an impressive combined investment of US$40.8 million. These strategic endeavors are set to create over 11,000 job opportunities for residents in Kandal, Kampong Speu, and Phnom Penh. The offic...
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Grants Concessional Loan to Build Tonle Bassac Bridge Connecting Chak Angre Krom & Prek Pra
- 19 September 2023
Cambodia and China have come together to sign a concessional loan agreement for the construction of the grand Tonle Bassac Bridge, creating a vital link between Chak Angre Krom and Prek Pra. This momentous agreement was officially announced through a press release from the Royal Government's spokesperson on 17 September 2023. The signing ceremony took place during a four-day official visit by C...
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New East Solar Energy: From Cambodia Brand to the USA, Lighting Up a Brighter Clean Technology Future
- 13 September 2023
New East Solar Energy, a prominent player in the solar industry based in Cambodia, is expanding its horizons across the globe. The company is set to inaugurate a colossal 2-gigawatt (2 million kilowatts) solar panel manufacturing facility in Phoenix, Arizona, contributing to the creation of 350 jobs. This groundbreaking development, reported by Solar Power World on 7 September 2023, marks a signif...
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Vietnam Emerges as Key Player in US Economic Diversification Strategy
- 12 September 2023
President Joe Biden's visit to Vietnam marks a pivotal moment in the strengthening of economic bonds between the United States and Hanoi. This strategic move aims to reduce America's dependence on China and signifies a significant diplomatic shift, according to CNN News on 11 September 2023. The two former adversaries have formally upgraded their diplomatic relations to a "comprehensive strateg...
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Korea’s Expertise Fuels Cambodia’s Ambitions: Development of Maritime Aid Master Plan in Full Swing
- 1 September 2023
A distinguished team of experts from the Korea Maritime Aid Institute is lending their support to Cambodia in crafting a comprehensive master plan for Maritime Aid within the Kingdom of Cambodia. This milestone endeavor took center stage during a strategic meeting on 28 August 2023. The meeting served as a pivotal platform to meticulously scrutinize past undertakings, and their outcomes, and ch...
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UNICEF Partners with China to Help Cambodia Develop Water Purification Technology
- 31 August 2023
UNICEF Cambodia and China are embarking on a visionary endeavor to revolutionize Cambodia's water and sanitation landscape. With a shared commitment to alleviating water scarcity and enhancing sanitation standards, this partnership holds the promise of significantly reducing water-related diseases and fostering a healthier future for Cambodia's population. The momentous announcement was made throu...
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New LMUPC Minister Urges Establishment of Job-Creation Factory in Run Ta Ek Natural Village
- 29 August 2023
HE Say Sam Al, Deputy Prime Minister and Minister of Land Management, Urban Planning, and Construction, has called for the establishment of a factory within the Run Ta Ek Natural Village development area. This initiative, shared during his visit to inspect infrastructure progress in Siem Reap's Banteay Srei district on 26 August 2023, seeks to provide employment opportunities and skills training t...
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CDC Approves 12 New Projects Worth US$167.9m to Build 5-Star Hotel & New Factories in Six Provinces
- 28 August 2023
The Board of Investment of Cambodia, operating under the CDC, has given the green light to a number of companies to establish a five-star hotel in the heart of Phnom Penh and to set up a series of expansive factories across the nation, strategic investments totaling US$167.9 million. This surge in investment is poised to not only invigorate Cambodia's economy but also create a staggering 22,788 em...
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Elon Musk’s Hyperloop Vision: Revolutionizing Travel Faster Than Sound in Next Decade
- 27 August 2023
In a groundbreaking leap towards revolutionising transportation, Elon Musk's hyperloop concept is hurtling closer to reality. With a triumphant human test ride successfully conducted in November 2020, the horizon for its realisation could be less than a decade away, according to BusinessInsider on 23 July 2023. The genesis of the hyperloop's popularity traces back to 2013, ignited by Elon Musk'...
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15 Indian Tech Companies Seek Collaborative Ventures in Cambodia’s Thriving Market
- 25 August 2023
In a bold move towards global cooperation, 15 leading technology enterprises from India are actively pursuing investment partnerships with their Cambodian counterparts. The much-anticipated event organised Embassy of India in Cambodia took place on 24 August 2023. Representing a comprehensive spectrum of technological prowess, the Indian contingent comprises visionary entities specializing in a...
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