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ខ្មែរ Construction Focus
Advancing Access to Clean Water: Steung Treng Water Treatment Plant Unveiled
- 26 May 2023
In a significant stride towards enhancing water infrastructure, the inauguration of the Steung Treng Water Treatment Plant, funded through a loan from the Asian Development Bank (ADB), marks a pivotal moment. Located in Sangkat Preah Bat, Stung Treng City, the state-of-the-art facility boasts a remarkable capacity of 12,000 cubic meters per day, surpassing the city's current production capacity...
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Cambodia-Japan Digital Production Center Revolutionizes Industry 4.0 in Cambodia
- 25 May 2023
The grand launch of the Cambodia-Japan Digital Production Center (CJDM) marks a significant leap towards embracing Industry 4.0 advancements in Cambodia. The inauguration ceremony, held on 24th May 2023, was graced by His Excellency Dr. Hang Chuon Naron, Minister of Education, Youth and Sports, and HE UENO Atsushi, Ambassador of Japan to Cambodia. Situated within the esteemed Royal University o...
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China Explores Collaboration to Establish Science and Technology University in Cambodia
- 25 May 2023
A Chinese delegation expressed its keen interest in establishing a dedicated technical university focused on science in Cambodia, during a productive working meeting held on 22nd May 2023. The delegation met with the Ministry of National Assembly-Senate Relations and Inspection to discuss the potential collaboration aimed at further advancing technical skills among Cambodian students. Mr. Gao J...
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State-of-the-Art Water Treatment Plants Valued at $140 Million Unveiled in Siem Reap and Kampong Thom
- 25 May 2023
Marking a significant milestone in Cambodia's pursuit of sustainable development, the inauguration ceremony of the highly anticipated water treatment plants in Sangkat Chreav, Siem Reap province, and Stung Sen II city, Kampong Thom province, took place amidst great enthusiasm. The distinguished event, graced by the presence of esteemed guests including Samdech Pich Sena Tea Banh, Deputy Prime M...
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Japan Extends $52.6 Million Loan to Upgrade and Enhance NR5 (Prek Kdam-Thla Mam) Infrastructure
- 24 May 2023
In a significant show of international cooperation, the Japanese Government has granted a substantial loan of 7,205 million yen (equivalent to approximately $52.6 million) to support the implementation of the transformative "NR No. 5 Rehabilitate and Upgrade Project on the Prek Kdam-Thla Mam Road Phase 4." This agreement was solidified through the exchange of letters and related documents, unde...
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Grand Inauguration: Fine Arts University Unveils Magnificent $12 Million State-of-the-Art Building
- 24 May 2023
A momentous occasion unfolded in Phnom Penh as the Royal University of Fine Arts proudly inaugurated its splendid new building, a remarkable architectural masterpiece worth an impressive $12 million. Situated in Sangkat Prek Leap, Khan Chroy Changva, this four-story edifice signifies a significant milestone in the university's commitment to excellence and artistic development. During the inaugu...
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Major Investment Initiative: UMAC from Germany and China to Establish Six Factories Worth US$50 Million in Kampong Speu
- 24 May 2023
Exciting news emerges from Kampong Speu province as UMAC, a joint venture between German and Chinese investors, reveals plans to inject a staggering US$50 million into the establishment of six state-of-the-art factories. His Excellency Vy Samnang, the Governor of Kampong Speu Province, took to the official Facebook page on 24th May 2023 to announce this transformative investment endeavor. A rep...
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Cambodia Strengthens Investment Climate with New Tax Law Approval
- 24 May 2023
In a momentous move that underscores Cambodia's commitment to fostering a favorable investment climate, the draft tax law has been officially approved and promulgated, garnering the signature of the esteemed King of the Kingdom of Cambodia on 16th May 2023. This new legislation comprises 20 comprehensive chapters and 255 articles, meticulously designed to facilitate, improve, and address gaps w...
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Cambodia Unveils New Draft Law on Special Economic Zones to Boost Diversification and Industrial Connectivity
- 24 May 2023
In an exciting development, the Council for the Development of Cambodia (CDC) has recently completed the drafting of a comprehensive law on special economic zones (SEZs), poised to be launched in the near future. This momentous step towards economic diversification and enhanced industrial connectivity was announced by HE Chea Vuthy, Deputy Secretary-General of the CDC's Cambodian Investment Com...
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Cambodia Welcomes $600 Million in Foreign Investment Projects, above 73% is Chinese direct investment
- 23 May 2023
The Council for the Development of Cambodia (CDC) has granted its seal of approval to an impressive array of 65 fixed-asset foreign direct investment (FDI) projects within the initial four months of 2023, amassing a staggering total investment value of $588 million. These developments underscore Cambodia's growing appeal as a coveted investment destination. Leading the pack, Chinese direct inve...
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