Office Market Putting More Pressure on Landlords
By Eric Wong Chon Lap More than a year into the pandemic, Phnom Penh’s office market is changing right before our eyes. Despite the slower market activity with fewer foreign investments entering the country, new office building supply continues to increase every quarter, with new projects consistently being announced. The Phnom Penh office market shows […]
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World’s First Self-Driving High-Speed Train Near Completion
Construction of the world’s first self-driving high-speed railway in China is reaching completion soon ahead of the 2022 Beijing Winter Olympics, reported South China Morning Post last week. Known as the Beijing-Zhangjiakou intercity railway, this new bullet train line connects Beijing and Zhangjiakou – the games’ twin host cities. The route has a length of […]
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Cambodia Stops Licensing Coal-Fired Power Plant Development Projects
The Ministry of Mines and Energy has confirmed that new coal-fired power plant development projects will no longer be allowed as the government is committed to contributing to climate change mitigation. The remarks were made by HE Suy Sem, Minister of Mines and Energy, in a meeting with HE Tina Redshaw, British Ambassador to Cambodia […]
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Cambodia to Have First International Racetrack Worth Approx. €26 million
Maritime Group has signed an agreement with PHG International, who won the bid to build Cambodia’s first international racetrack worth approximately €26 million. According to Fresh News on 28 October 2021, this racetrack is the first one in Cambodia recognised by the FIA (Fédération Internationale de l’Automobile) and is 100% invested in by the Maritime […]
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Santhor Mok Pedestrian Bridge Reaches Steel Frame Installation Stage; Traffic Closes for 3 Nights
The Phnom Penh Capital Administration will soon begin installing the steel structure of the pedestrian overhead bridge at the Santhor Mok intersection after completing the construction of four pillars. The process of installing the steel frame of the bridge will affect the traffic in this area, the Phnom Penh Capital Administration said in an announcement […]
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Construction of Phnom Penh International Airport Over 30% Complete
Construction of the new Phnom Penh International Airport is now over 30% complete, while the progress is going as scheduled despite the recent flooding. State Secretariat for Civil Aviation (SSCA)’s spokesman Sin Chansereyvutha said on 28 October that progress has slowed slightly due to the effects of the floods. However, the company was well-prepared for […]
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Chinese Firm to Complete Dara Sakor Airport Construction in Time with Reopening
Construction is being accelerated on the Dara Sakor International Airport in Koh Kong province to be completed as planned by the year-end or early next year, in time with Cambodia’s reopening. State Secretariat for Civil Aviation (SSCA)’s spokesman Sin Chansereyvutha said on 28 October that construction of the Dara Sakor airport has been slightly affected […]
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EU Makes First €15m Investment in Hyperloop
The European Commission has approved €15 million for a Dutch engineering spin-off Hardt Hyperloop to study and develop the ultra-fast transport concept known as hyperloop, according to GCR on 25 October. Tim Houter, the co-founder of Hardt, said in a press statement it is the first time that the EU invested directly in such a […]
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Vietnam Approves US$10.5bn Budget to Build & Upgrade Over 4800km Railway System
The Vietnamese government has approved a budget of US$10.5 billion to build and upgrade16 railway lines with a total length of 4,800km nationwide over the next 10 years. The plans, announced by Deputy Prime Minister Le Van Thanh, envisage the renovation and upgrading of seven lines with a total length of 2,400km and the construction […]
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Solar Power to Account for 20% of Energy Supply by 2023
Seven solar PV projects with a total power of 495 mW are expected to be put into operation by 2023, which will account for approximately 20% of the kingdom’s energy supply. HE Ith Praing, Permanent Secretary of States at the Ministry of Mines and Energy, said this in the Singapore-IRENA High-Level Forum on 26 October. […]
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Cambodia, Three Other Countries to Jointly Conduct Research on Sustainable & Affordable Energy
Cambodia is ready to cooperate with partners such as the UK, Australia, and Russia in conducting research on safe, sustainable, and affordable energy sources, aiming at helping mitigate the climate change issue. The remarks were made by HE Say Sam Al, Minister of Environment, during a meeting held here on 26 October with Ms Tina […]
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Cambodia Endorses Solid Waste Recycling & Energy Projects
The Ministry of Environment has supported the Global Green Growth Institute (GGGI) on a project to study the feasibility of converting solid waste into fossil fuels in the form of refuse-derived fuel in Cambodia. The topic was discussed during a virtual meeting between HE Say Sam Al, Minister of Environment, and Mr. Frank Rijsberman, Director […]
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