Gov’t to Build US$80-million International Hospital in Kob Srov Area
The government has decided to build Cambodia’s first international-standard university of health sciences hospital in the Kob Srov area to provide full on-field experience to students as well as health services for the public. Minister of Health HE Mam Bunheng and representative of Inje Joint Venture Mr Kim Hoon, the firm who won the construction […]
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PM Predicts 2022 Economic Growth at Over 5%; Stating No More COVID Shutdowns
Prime Minister Samdech Hun Sen has forecasted Cambodia’s 2022 economic growth at over 5% as economic activities begin to recover after the reopening on 1 November, stating there will be no more backward moving after this. PM Hun Sen made the remarks during the inauguration ceremony of the Cambodia-China Friendship Stueng Trang-Krouch Chmar Bridge and […]
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Gov’t to Spend US$2.3bn on Infrastructure Development; 100 bridges to be Built
Cambodia Prime Minister Samdech Hun Sen has announced that Cambodia plans to spend over US$2.3 billion of the national budget to develop infrastructure nationwide and at least US$100 million will be used to build hundreds of bridges across small rivers and water streams. PM Hun Sen made the remarks during the inauguration ceremony of the […]
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PM Hun Sen Urges G7 Countries to Invest in Cambodia’s Infrastructure Through its B3W
Prime Minister Samdech Hun Sen has strongly welcomed and urged the G7 countries to invest in building more infrastructure in Cambodia, especially through its newly-announced Build Back Better World (B3W) initiative. PM Hun Sen made this remark during the inauguration of the Cambodia-China Friendship Bridge Stung Trang-Krouch Chhmar and the groundbreaking ceremony of NR71C on […]
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Gov’t to Inaugurate Five Infrastructure Projects & Break Ground on Several Others in 2022
After the country’s reopening on 1 November, the Cambodian government has jump-started the economy by restarting operations in almost all sectors. Infrastructure development is one of those that the government has put significant effort and resources into. In early November, several ministries have been inaugurated and saw ground broken on. On Tuesday 23 November, Prime […]
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PM Hun Sen Inaugurates Stueng Trang-Krouch Chmar Bridge, Breaks Ground on NR71C
Prime Minister Samdech Hun Sen presided over the official inauguration of the Stueng Trang-Krouch Chmar Bridge, as well as the groundbreaking ceremony for the NR71C construction project on 23 November. The Stueng Trang-Krouch Chmar Cambodia-China Friendship Bridge connects the west bank of Mekong River at Boeung Deng village, Stung Trang district in Kampong Cham province […]
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HLH Group Successfully Sells US$12-million Hotel in Sihanoukville
Hong Lai Huat (HLH) Group’s subsidiary PH One Development has successfully sold its US$12-million D’Seaview hotel project in Sihanoukville. The sale was completed on 17 November with ownership titles already transferred, according to HLH Cambodia Public Relation Manager Kuoch Lengkheang. HLH Group announced the sale of its 98-key hotel in its D’Seaview project in Sihanoukville […]
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Four Private Firms Join Hands with Local Authorities to Boost SHV Development
Four private companies have entered a partnership with the Sihanoukville Provincial Administration to attract more investors and boost development within the province. The MoU on attracting investment to contribute to the development of SHV was signed by the representatives of the five parties on Wednesday 17 November. According to the provincial administration’s press release, the […]
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Ground Broken on Second Building of Krouch Chhmar Referral Hospital
Construction of the second building of Krouch Chhmar Referral Hospital in Tbong Khnum province has officially begun, while the first building is over 90% complete. The ground-breaking ceremony was held on Monday 22 November in the presence of the Minister of Land Management, Urban Planning and Construction HE Chea Sophara along with other relevant officials. […]
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Ministry of Interior Orders Relevant Authorities to Solve Land Disputes Transparently
The Ministry of Interior has requested relevant authorities to address all types of land disputes nationwide in a transparent and effective manner, especially for local and indigenous peoples. The ministry gave the order during the 14th National Conference on Land and Natural Resources Governance with 53 partnered NGO partners on Tuesday 17 November. Secretary of […]
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ADB Provides US$180-million Loan for Infrastructure Development in Three Cambodian Cities
The Asian Development Bank (ADB) has approved a US$180-million loan to help three cities in Cambodia improve urban infrastructure and boost economic competitiveness. The Livable Cities Investment Project will help more than 140,000 residents in Bavet, Kampot, and Poipet access better wastewater and solid waste management services, according to a press release issued on 19 […]
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Resort-Style Lennar Masterplan Community in Homestead, Florida
Golden Gate Global works closely with Lennar to offer real estate investors exclusive opportunities for U.S. home purchases through Lennar’s extensive inventory of residential communities in 21 states of the USA. Demand for U.S. real estate among Asian investors has steadily increased in recent years. Cambodian investors can now buy homes in the Lennar community […]
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