Construction Focus
China Delays Floating Nuclear Power Plant Project in South China Sea Citing Security Concerns
China has opted to postpone its plans to construct a floating nuclear power plant in the South China Sea due to concerns over security, as reported by the South China Morning Post. Despite being poised for construction, the final approval to proceed with the nation's first floating nuclear power plant has been withheld by regulators. While the technology for building such a facility has been...
Read MoreCambodia Witnesses Surge in Industrial Growth: Nearly 60 New Factories Registered in 2023
In a remarkable display of industrial expansion, the Ministry of Industry, Science, Technology and Innovation has registered an impressive 58 new industrial plants as of May 2023. This development propels the total number of operational industrial factories in Cambodia to a noteworthy 1,999. Highlighting the robust performance of the industrial sector, HE Heng Sokkung, Secretary of State and Sp...
Read MoreEfficiency Enhanced: Port EDI System Mandated for Ships Entering Cambodian Ports
Cambodia government has recently implemented a significant regulatory measure, mandating that all ships entering Cambodian ports, including the Phnom Penh Autonomous Port, Sihanoukville Autonomous Port, and other ports, must apply for a permit through the Port Electronic Data Exchange (Port EDI) system. This initiative, established under Sub-Decree No. 112 issued on 1st June 2023, aims to strea...
Read MoreWANLI TIRE, A Giant company from Guangzhou China, Explores Lucrative Investment Prospects in Cambodian Tire Production
In a significant move that could boost Cambodia's manufacturing market, WANLI TIRE CORPORATION LIMITED, a prominent tire manufacturer based in Guangzhou and Hebei, People's Republic of China, has expressed keen interest in investing in tire production within Cambodia. During a meeting held on May 30, 2023, HE Chea Vuthy, Deputy Secretary General of the Cambodian Investment Committee / Cambodian...
Read MoreCambodia Attracts Major Investments: Electric and Office Furniture Factories Set to Boost Economic Growth
In a significant development for Cambodia's industrial landscape, the Council for the Development of Cambodia (CDC) has granted investment project registration certificates to three companies, signaling a combined investment worth US$23.2 million. The Board of Investment of Cambodia, under the CDC, announced these investments in Svay Rieng and Sihanoukville on May 30, 2023. Among the notable pr...
Read MoreIFC Initiates Study for Sihanoukville Logistics Center, Paving the Way for Enhanced Trade Connectivity in Cambodia
The Sihanoukville Logistics Center (SLC) project is set to transform trade and logistics in Cambodia, with the International Finance Corporation (IFC) of the World Bank leading the study. Following signing an agreement with the Ministry of Public Works and Transport in April, the project is on track for completion by the end of November. In a recent meeting held on 1st June 2023, the IFC commen...
Read MoreRemarkable Progress: NR No. 31 at 23% and NR No. 33 at 31% Completion, Anticipating Early Success
The ambitious development of Cambodia's infrastructure continues to soar as NR No. 31 and NR No. 33 showcase impressive construction progress. As of May, NR No. 31 has achieved over 23% completion, while NR No. 33 has surpassed the 31% mark. These remarkable results, revealed during HE Sun Chanthol's inspection visit on 30th May 2023, suggest the potential for both projects to be completed ahea...
Read MoreTecho International Airport Nears 50% Completion, Set to Soar in 2025
The grand vision of Techo International Airport is swiftly materializing, with construction progress reaching the impressive milestone of approximately 50%. Scheduled for a momentous opening in early 2025, this state-of-the-art aviation hub promises to revolutionize air travel in Cambodia. During the signing ceremony of the Maintenance, Repair, and Overhaul (MRO) joint venture agreement with Si...
Read MoreInauguration of Two State-of-the-Art Landfills Valued at Over US$10 Million Boosts Environmental Sustainability in Kep and Kampot
Amidst a commitment to environmental sustainability, the Ministry of Public Works and Transport has proudly unveiled two cutting-edge landfills, with a combined value exceeding US$10 million, in the provinces of Kep and Kampot. Under the distinguished presidency of HE Sun Chanthol, Senior Minister and Minister of Public Works and Transport, the official inauguration ceremony took place on 30th ...
Read MoreGrand Inauguration of Sihamoni Raja Buddhist University’s Magnificent New Building Valued at Nearly US$2 Million
Amidst great fanfare, the remarkable nine-story structure of Sihamoni Raja Buddhist University has been unveiled, standing as a testament to architectural excellence and educational advancement. This majestic edifice, with an estimated value of almost US$2 million, proudly graces the grounds of Wat Svay Pophe, located in the esteemed Sangkat Tonle Bassac, Khan Chamkarmon, Phnom Penh. Under the ...
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