Construction Focus
Cambodia’s Air Travel Rebounds with Over 870k Passengers and over 6.6k Flights in Q1 2023
Cambodia's air travel has shown a remarkable growth of 872,049 passengers and 6,699 flights in the first quarter of 2023, according to HE Sin Chanseryvutha, Secretary of State for Civil Aviation. This is a positive sign for Cambodia's aviation industry, which was severely impacted by the Covid-19 pandemic. March 2023 saw a significant increase in the number of inbound and outbound flights, with...
Read MoreCambodia’s First Sports Village Completed for the 2023 SEA Games
The 2023 Southeast Asian (SEA) Games, scheduled to be held in Cambodia, are set to be a grand celebration of sports and culture. To host this very splendid event, the Sports Village for the 2023 SEA Games was officially inaugurated on the evening of 20 April 2023 under the presidency of Samdech Pich Sena Tea Banh, Deputy Prime Minister, Minister of National Defense, and Chairman of the National Or...
Read MoreTbong Kmum Builds Almost 3000km of Road and Completes NR 71C Over 70%
In the last five years, Tbong Khmum provincial administration has made significant strides in enhancing infrastructure development, with the construction of over 2,698km of road across the province. One of the major infrastructural projects currently underway in the province is the completion of NR No. 71C, which will connect Tbong Khmum District in Tbong Khmum Province to Chamkar Leu District ...
Read MoreCambodia Emerges as 14th among the Fastest Growing Economies
Cambodia has been ranked 14th among the fastest-growing economies in the world with a growth percentage change of 5.8%, according to a recent report published on Finance.yahoo website on 15 April 2023. “The country's GDP has increased significantly from $26.96 billion in 2021 to $75 billion in purchasing power parity terms by the end of 2022,” the website reported. The report suggests that C...
Read MoreNational Children’s Hospital Launches New Modern Maternity Ward to Boost Healthcare for Mothers and Children
The National Children's Hospital officially inaugurated its new modern maternity ward on the morning of 20 April 2023 under the presidency of Prime Minister Hun Sen. The new 4-story building, equipped with advanced medical equipment and digital systems, will play a crucial role in improving the health and well-being of mothers and children. In his speech, the PM praised the hospital's effort...
Read MoreCanopy Sands Development Plans to Build Cambodia’s First Cable Car Project in Bay Of Lights
Canopy Sands Development is set to begin construction of Cambodia's first cable car project in Bay of Lights, Sihanoukville, in early 2024. The project is part of the Bay of Lights development covering 934 hectares. The announcement was made by AMS on 12 April 2023, and the project will be developed under the investment of Canopy Sands Development. The cable car project is part of Canopy Sands ...
Read MoreThailand Eyeing Investment Opportunities in Cambodia’s Booming Logistics Sector
Thailand is exploring investment opportunities in Cambodia's logistics sector, as the two countries seek to strengthen cooperation in this area. At a meeting on 19 April 2023.between HE Sun Chanthol, Cambodia's Minister of Public Works and Transport, and Mr. Supachai Verapuchong, CEO of Logistics Intelligence Cambodia Co., Ltd, the Thai delegation expressed its desire to expand investment cooperat...
Read MoreIFC Partners with Cambodia for Feasibility Study of Sihanoukville Logistics Complex
The International Finance Corporation (IFC) of the World Bank has teamed up with Cambodia's Ministry of Public Works and Transport to provide financial advisory services for the feasibility study of the Sihanoukville logistics complex (SHV-LC). The signing ceremony for the Financial Advisory Service Agreement was held on 19 April in the presence of HE Sun Chanthol, Senior Minister of the Ministry ...
Read MoreBassac-Kampot Seaport Project Shows High Economic Potential and Environmental Sustainability
The linked Bassac River Navigation and Logistics System project has completed its two-year feasibility study and the results have been highly promising. The project, which will connect Tonle Bassac to Kampot seaport over a length of 180 kilometers, has been evaluated to provide significant benefits to the national economy while also being environmentally sustainable. According to the Ministry o...
Read MoreCambodian Board of Investment Approves US$12.2 Million for Three New Factories
The Council for the Development of Cambodia has granted approval for the establishment of three new factories in Cambodia, with a total investment of US$12.2 million. The Board of Investment of Cambodia confirmed the registration of the solar panel factory, “GE NEW ENERGY TECHNOLOGY (CAMBODIA) CO., LTD” in Phnom Penh, the electronic assembly plant, “EBELNO (CAMBODIA) CO., LTD” in Kampong Speu, and...
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