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ខ្មែរ Construction Focus
Gov’t Unveils Eight Measures to Support Construction and Borey Development
- 18 April 2023
The Ministry of Economy and Finance has recently announced eight measures to support the development of the construction and real estate sectors in the Borey industry amidst global economic uncertainty. According to the press release on 12 April 2023, the Economic and Monetary Policy Committee has outlined a package of measures to facilitate the growth of the real estate sector in Cambodia. Tho...
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Gov’t approves US$85 million investments in cattle and rubber farms in Kratie and Preah Vihear
- 18 April 2023
The Investment Committee of Cambodia's Council for the Development of Cambodia (CDC) has approved two investment projects that will contribute to the country's economic growth and development. Eastern Rubber (Cambodia) Co., Ltd will invest US$73.4 million to establish a large-scale cattle and beef cattle farm in Snuol district, Kratie province, while Rithy Rubber (Cambodia) Co., Ltd will invest US...
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Why is Cambodia Pushing Out Multiple Infrastructure Projects Despite an Ongoing Global Crisis?
- 17 April 2023
Amidst a global crisis, Cambodia remains committed to infrastructure development, with over US$30 billion in projects currently underway or on the table. The country's railway system is a focal point, with plans to modernize the 382-kilometre Phnom Penh-Poipet railway system to become the kingdom’s first standard high-speed rail line. The project, estimated at over US$4 billion, is being studied b...
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China Invests US$500 Million on Groundbreaking Subsea Cable Network to Rival USA
- 15 April 2023
China has set its sights on developing the world's most extensive and advanced subsea fiber-optic internet cable network, spanning across Asia, the Middle East, and Europe. The cable network will cost an estimated US$500 million to complete, and it will be laid by Huawei Technologies Co Ltd-owned fast-growing cable firm, HMN Technologies Co Ltd. The EMA (Europe-Middle East-Asia) cable project will...
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CDC Approves $36.2 Million Investment in Solar Panels and Agricultural Products in three provinces
- 14 April 2023
The Council for the Development of Cambodia (CDC) has recently granted registration certificates to four companies with a total investment of $36.2 million, aimed at constructing four factories in three provinces. According to the CDC, the investments are expected to boost the economy and provide job opportunities for locals. One of the companies, "SUNFLOWER ENERGY (CAMBODIA) CO., LTD," will in...
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US$7.2b Jakarta-Bandung High-Speed Railway Set to Revolutionize Indonesian Transport
- 14 April 2023
Indonesia is set to mark its 78th Independence Day with the opening of the highly anticipated Jakarta-Bandung High-Speed Railway, a landmark project that will connect the capital to the thriving city of Bandung in just 40 minutes. The US$7.2 billion railway, a flagship initiative of China's Belt and Road Initiative, has been years in the making and is being spearheaded by the Indonesian-Chinese co...
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WSB and Bentley Systems Collaborate to Offer New Digital Construction Management Service Based on SYNCHRO
- 14 April 2023
Will Provide Digital Integrator and Advisory Services for Construction Digital Twins Running in Bentley Infrastructure Cloud Bentley Systems, a leading infrastructure software provider, has partnered with WSB, a digital construction management solution provider, to create a new service that will help civil infrastructure owners and contractors adopt and utilize infrastructure digital twins. The...
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“Koh ToToeng” &”Koh Muy” to be developed as a new tourist destination worth nearly US$38m
- 13 April 2023
The Council for the Development of Cambodia (CDC) has granted approval for two investment projects worth a total of $37.7 million to develop two islands, "Koh Totoeng" in Koh Kong province and "Koh Muy" in Sihanoukville province as new tourist destinations. According to the Cambodian Investment Committee publication released on 13 April 2023, "DEN NOKOR (CAMBODIA) INVESTMENT CO., LTD" and "G.T....
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Thai Conglomerate PTT Invests in 420-Megawatt Solar Power Plant in India
- 13 April 2023
Global Power Synergy Public Company (GPSC), a subsidiary of Thailand's PTT, has secured the rights to invest in a 420-megawatt solar power plant in India through its renewable energy arm, Avaada Energy Private. The project, which will be completed within 18 months, will be crucial in India's aim to increase its renewable energy generation capacity to more than 5,000MW and to have clean energy acco...
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Kampot has 4 landscape protection areas on an area of 217 hectares
- 12 April 2023
Kampot province, known for its stunning natural beauty and unique landscapes, is taking steps to protect its environment and wildlife. As the Ministry of Environment reported on 11 April 2023, there are currently four landscape protection areas in the province spanning a total area of 217 hectares. These areas are located in Chres village, Koh Chamkar village, and Koh Tnaot village, across two com...
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