Construction Focus
China Spends US$10bn to Dig Massive New Canal to Ease Trade Flow with ASEAN
Recognizing that the eastern port where goods pass through the port near Taiwan looks unstable and is under US surveillance, China has invested a staggering US$10.3 billion (equivalent to 72.7 billion yuan) to carve out the sprawling Pinglu Canal. Stretching over 134 kilometers, this monumental waterway links the Xijin Reservoir near Guangxi's vibrant capital city, Nanning, to the bustling port of...
Read MoreChina Datang Corp. Pledges Monumental US$600m Injection to Cambodia’s Power Development
In a significant development that promises to reshape Cambodia's energy landscape, China Datang Corporation Ltd. has committed to a staggering US$600 million increase in its existing investments in Cambodia's energy sector. This announcement emerged during a pivotal meeting at the "Third Belt and Road" forum held in Beijing on 16 October 2023. Samdech Hun Manet Prime Minister of Cambodia conven...
Read MoreSiem Reap’s New Airport Welcomes Inaugural Commercial Flight
In a historic moment for Cambodia, the Siem Reap Angkor International Airport officially embraced its inaugural commercial aircraft on 16 October 2023, marking a transformative leap for the country's aviation infrastructure. The momentous inauguration ceremony was presided over by HE Vongsey Visoth, Deputy Prime Minister overseeing the Office of the Council of Ministers, Mr Mao Havanal, Ministe...
Read MoreGov’t Greenlights 7 New Factories Worth US$40.8 Million in Kandal, Kampong Speu & Phnom Penh
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...
Read MoreGrants Concessional Loan to Build Tonle Bassac Bridge Connecting Chak Angre Krom & Prek Pra
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...
Read MoreNew East Solar Energy: From Cambodia Brand to the USA, Lighting Up a Brighter Clean Technology Future
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...
Read MoreVietnam Emerges as Key Player in US Economic Diversification Strategy
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...
Read MoreKorea’s Expertise Fuels Cambodia’s Ambitions: Development of Maritime Aid Master Plan in Full Swing
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...
Read MoreUNICEF Partners with China to Help Cambodia Develop Water Purification Technology
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...
Read MoreNew LMUPC Minister Urges Establishment of Job-Creation Factory in Run Ta Ek Natural Village
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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