SHV & Poipet Railways to be Upgraded to High-Speed System, More Lines Under Study: PM
Prime Minister Samdech Hun Sen has urged the Minister of Public Works and Transport to speed up the progress of seeking development partners or private firms to upgrade two existing railway lines into high-speed routes. PM Hun Sen said on 4 April that the government is planning to develop the Phnom Penh-Popiet and Phnom Penh-Sihanoukville […]
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PM Tells Real Estate Developers in SR to Embrace Cultural Value, Not Only Profit
Prime Minister Hun Sen has told all real estate investors who wish to or are currently investing in Siem Reap to embrace the common interests and cultural values of Angkor park rather than focusing solely on profit. Said during the inauguration ceremony of 38 roads in Siem Reap on 4 April, PM Hun Sen used […]
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PM Hun Sen Expects New Siem Reap Airport to Go Online by 2023 Despite Slow Progress
Prime Minister Samdech Hun Sen has placed high hopes on the Angkor Siem Reap International Airport being completed and operational by late 2023, despite the fact that the current progress of the construction is only at 22% completion. The remarks were made on 3 April during the site inspection of the airport with relevant officers. […]
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PM Inaugurates 38 Roads in Siem Reap, Naming City ‘Northern Rising Star’
Prime Minister Samdech Hun Sen officially inaugurated 38 roads and other newly built infrastructures in Siem Reap city on 4 April, while giving the province the title ‘Northern Rising Star’, a modern, smart, and rich-in-culture tourism city. With construction begun in November 2020, the 38-road and other infrastructure projects were completed in late 2021, using […]
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Gov’t Approves Two New Investment Projects Worth Over US$10m in PP and K. Speu
The Council for the Development of Cambodia (CDC) has given permits to two private firms to invest in two projects worth US$10.4 million in Phnom Penh and Kampong Speu provinces. According to a CDC’s announcement on 31 March, Malaga Garment Factory Co. Ltd. will invest US$6.4 million to set up a garment factory in Prek […]
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Australia to Provide US$65million Grant Aid for Three Priority Sectors in Cambodia
Australia plans to provide US$65 million in grant aid to Cambodia for the development of three priority sectors for a five-year period from 2022 to 2027. According to a meeting between the Minister of Economy and Finance and the Australian Ambassador to Cambodia on 31 March 2022, this grant will support the development of sectors […]
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Over 200 Korean Investment Projects Worth US$5bn Registered in Cambodia as of February 2022
The Council for the Development of Cambodia (CDC) has registered 219 Korean investment projects worth a total of US$5 billion as of February 2022, a large part of which are construction and real estate projects. The figures were presented during a meeting between CDC Secretary-General HE Sok Chenda Sophea and South Korea’s Minister of Government […]
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World’s Tallest Hotel Complete in Late 2023
Construction on a 365m tall hotel in Dubai is now halfway and is scheduled to be completed in late 2023, to become the world’s tallest building. Named Ceil, the tallest hotel in the world is being built by the China Railway Construction Corporation. Construction on the world’s tallest hotel has continued despite the broader challenges […]
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Two New Investment Projects Worth US$5.4 million Approved for PP & K. Speu
The Council for the Development of Cambodia (CDC) has given permits to two private firms to invest in two projects worth US$5.4 million in Phnom Penh and Kampong Speu province. According to a CDC announcement on 31 March, Top Ningbo Fashion Co Ltd will invest US$2.4 million in building a garment factory located in Kampong […]
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New US$60m Ministry of Interior Headquarters 20% Complete
Construction of the new Ministry of Interior headquarters worth US$60 million is now 20% complete, with the entire project set for completion on schedule in August 2023, according to Minister of Interior Samdech Sar Kheng on 31 March 2022. The new building is 9 floors high, excluding the ground floor and parking that can accommodate […]
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Landowners in 3 villages of Banteay Srei district told to present legit doc to prove ownership
Banteay Srei district and the Department of Land Management, Urban Planning, Construction and Cadastral Affairs of Siem Reap Province have required all landowners in three villages to present their legit documents to prove ownership. According to the letter dated 17 March, the order applies to landowners in Prai, Khnar, Sanday village of Banteay Srei District, […]
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SHV multi-purpose SEZ development master plan phase-I concluded
The draft study result of the master plan to transform Sihanoukville into a multi-purpose special economic zone (SEZ) Phase 1 has been completed, while the inter-ministerial team is currently evaluating and commenting on it. Held on 30 March, the evaluation meeting on the draft report was chaired by HE Aun Porn Moniroth, Minister of Economy […]
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