Construction Focus
Indonesia Injects US$1bn More into New Capital ‘Nusantra’
The Indonesian government has approved the injection of an additional US$1 billion for the development of the nation’s new capital city ‘Nusantra’ which is located in East Kalimantan province on Borneo island. The Nusantra mega project is projected to cost US$32 billion, 80% of which is expected to be sourced from private investment. The Indonesian government, however, has not yet secured the i...
Read MorePattaya to Build Four Monorails
Thailand’s leading resort city Pattaya has unveiled plans for the construction of four monorails to reduce traffic congestion and make it easier for tourists to get to the famous beach. The first 9.9km Green Line will have 13 stations and connect to the city’s planned new high-speed train station which will then link to the soon expanding airport as part of an overall national infrastructure ex...
Read MoreCambodia’s Digital Transformation Soars with the US$30 Million National Data Center
The Ministry of Posts and Telecommunications marked a historic milestone today with the inauguration of the state-of-the-art National Data Center, a project valued at nearly US$30 million. The center, located in Srah Chak district, Khan Daun Penh, Phnom Penh, spans an impressive 12 stories, 36 meters wide, and 63 meters long. With an estimated construction timeline of 18 months, the National Data ...
Read MoreRing Road 3 is temporarily open and will be officially inaugurated on August 3
Ring Road 3, a vital infrastructure project in Cambodia, is set to bolster connectivity and drive economic growth in the country. The road construction has reached its completion milestone, and a temporary opening is currently in effect. The official inauguration is scheduled for August 3, 2023, with the esteemed presence of Samdech Techo Hun Sen, as announced by HE Heang Sotheayut, spokesman for ...
Read MoreMedusa Submarine Cable System: A Game-Changer for Mediterranean Connectivity
In a monumental stride towards transforming connectivity in the Mediterranean, Alcatel Submarine Networks (ASN), Elettra, Medusa, and Orange have officially broken ground on the Medusa Submarine Cable System. Spanning over 8,700 kilometers, this visionary project is set to become the region's longest cable, facilitating essential connections between ten countries, including Morocco, Portugal, Spai...
Read MoreCambodia-Australia Collaborate to Unveil Investment Handbook to Fuel Economic Growth
The Council for the Development of Cambodia and the Australian Embassy have jointly unveiled a comprehensive investment handbook. The book, launched by Nicholas Moore, Australia's Special Envoy to Southeast Asia, and HE Sok Chenda Sophea, Deputy Prime Minister and Secretary-General of the Council for the Development of Cambodia, on 11th July 2023, serves as a vital resource for investors seeking t...
Read MoreFDI in Cambodia Surges to US$45 Billion in Q1 2023
In an impressive display of investor confidence, Cambodia's foreign direct investment (FDI) has soared to over US$45.8 billion in the first quarter of 2023. According to a report from the National Bank of Cambodia, the country has witnessed a steady inflow of capital from major sources including China, South Korea, Singapore, Japan, Vietnam, Malaysia, Thailand, and the United Kingdom. China eme...
Read MoreMonument Aux Morts: A Symbolic Tribute to World War I Victims in Cambodia
The official inauguration of the Monument Aux Morts, also known as the "Two Statues," took place at the intersection of Monivong Blvd., France Blvd., and Oknha Techo Ind Blvd. in Phnom Penh. The solemn ceremony, presided over by Prime Minister Hun Sen on 14th July 2023, commemorated the victims of World War I from 1914 to 1918 and symbolized the joint struggle between Cambodian and French soldiers...
Read MoreGov’t Approves Payment Guarantee for 670 MW Power Plant Projects in 4 Provinces
The King of the Kingdom of Cambodia has promulgated a law endorsing the government's payment guarantee for 07 power plant projects, totaling 670 megawatts, in Koh Kong, Prey Veng, Svay Rieng, Kampong Chhnang, and Pursat provinces. These projects are being implemented by four companies, each contributing to the growth of Cambodia's power generation capacity: Khmer Electric Power Company: Re...
Read MoreEnhancing Worker Safety: MOLVT Launches Strategies to Safeguard Construction Workers in Cambodia
In a significant move to protect the well-being of workers, especially those in the construction industry, the MOLVT has introduced the third master plan on occupational safety and health for the period 2023-2027. The plan encompasses various sectors, including textiles, garments, footwear, bags, and travel products, as well as agricultural and construction activities. During the announcement o...
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