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ខ្មែរ Construction Focus
Nearly US$1.1 Billion Investment Projects Approved by CDC 1H 2023, Fueling Economic Growth in Cambodia
- 12 July 2023
The Council for the Development of Cambodia (CDC) has greenlit an impressive array of 113 investment projects and expansions in the first half of 2023, boasting a staggering total capital investment of approximately US$1.1 billion. This momentous milestone not only showcases the country's robust investment climate but also signals its steadfast commitment to fostering sustainable economic growth a...
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505 elephant roundtable in Pursat province officially inaugurated
- 11 July 2023
The grand inauguration ceremony of the awe-inspiring 505 Elephant Roundabout, situated at the intersection of National Road 55 and National Road 10 in Bramoy Commune, Veal Veng District, Pursat Province, marked a momentous occasion in the province's history. Under the presidency of HE Suy Sem, Minister of Mines and Energy, the 505 Elephant Roundabout was officially inaugurated on 25 June 2023, ...
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Monivong Flyover Project Progresses: 25% Completion and Bridges Installed
- 11 July 2023
The Monivong flyover construction project has reached a significant milestone, with approximately 25% of the work completed as of July 11. This update comes from Mr. Sam Piseth, Director of the Department of Public Works and Transport of Phnom Penh, in an interview with local newspaper BTV on July 11, 2023. The construction site is currently active along the 60-meter road in the N1 and N2 areas...
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Gov’t Approves Five New Investment Projects Valued at US$50.7 Million, Boosting Economic Development
- 11 July 2023
The Council for the Development of Cambodia (CDC) has granted registration certificates to nine prominent companies, marking the approval of five new investment projects across three provinces. With a cumulative investment of US$50.7 million, these ventures are poised to create approximately 13,722 job opportunities for local residents, further strengthening Cambodia's employment sector. The CDC's...
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Techo International Airport Nears Completion as Connecting Road 50% Progresses
- 10 July 2023
The highly anticipated Techo International Airport, a remarkable project by OCIC, is swiftly taking shape, with construction progress reaching significant milestones. As of June 2023, the airport construction has surpassed the halfway mark, standing at an impressive 50 percent completion. Concurrently, the connecting road, spanning 13.5 kilometers and measuring 60 meters in width, has reached 46 p...
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Gov’t Invests $2 Million in New Road Linking Two Districts in Kampong Thom
- 10 July 2023
Cambodian government has allocated approximately $2 million to construct a rubber road spanning 12 kilometers and connecting the Prasat Balong district to the Prasat Sambo district in Kampong Thom province. The newly constructed road, a total length of 12 km and 400 meters and a width of 7 meters, currently undergoing the soil pouring and drainage process, is poised to serve as a vital transpor...
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SSEZ: A Vital Link between Cambodia and China in the Belt and Road Framework
- 10 July 2023
The Sihanoukville Special Economic Zone (SSEZ) stands as a monumental achievement, serving as a vital bridge connecting Cambodia and China within the framework of the ambitious Belt and Road Initiative. This collaborative project has not only brought economic prosperity but has also created employment opportunities for tens of thousands of Cambodians. Liu Lianchi, the deputy managing director o...
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10 Years of Partnership with Toyota, Ignites EV Leadership for Tesla
- 9 July 2023
In a remarkable evolution over the past two decades, Tesla has emerged as the unrivaled leader in the electric vehicle (EV) industry, driven by a transformative partnership with Toyota in 2010. This collaboration, dissolved later on, bestowed Tesla with essential manufacturing expertise and its inaugural factory, propelling its extraordinary trajectory. Today, the tables have turned as Toyota seek...
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Sihanoukville Tourism Port: A Gateway to Unforgettable Island Adventures
- 7 July 2023
The grand inauguration of the Sihanoukville Tourism Port, spanning over 2 hectares of land, marks a significant milestone in Cambodia's tourism landscape. The momentous event, held on July 6, 2023, was graced by the presence of HE Dr. Thong Khon, Minister of Tourism, symbolizing the port's official commencement. Under the leadership of Tycoon Tea Vichet, CEO of GTVC Import Export Co., Ltd., the...
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Grand Inauguration of US$43 Million NSSF Headquarters Showcases Modernity and Efficiency
- 7 July 2023
The National Social Security Fund (NSSF) proudly unveiled its new headquarters, a state-of-the-art building valued at US$43 million, during an official inauguration ceremony on July 6, 2023. Dr. Aun Porn Moniroth, Deputy Prime Minister and Minister of Economy and Finance, presided over the momentous event. The impressive 21-story building, situated in Banlea Set Village, Sangkat Khmuonh, Khan S...
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