Automated brick factory to be commissioned in Kampot
An automated brick factory in Kampot province is scheduled to be commissioned in 2021, with production to feed the growing construction sector in the province. An investment by Gold Mountain Plaster Enterprise, the factory is to be equipped with a modern automated system capable of producing 800,000 units of bricks per day. According to the […]
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Study completed for bridge over Mekong in Kratie
The feasibility study for a bridge across the Mekong River connecting Kratie and Kompong Thom provinces has been completed and is now proceeding with a request for assistance from the Chinese government, according to Minister of Public Works and Transport during his inspection visit of National Road 7 (Kratie – Tbong Khmum). “I stand in […]
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New solar power station set for Koh Rong Sanloem Island
A new solar power station is set to be constructed on Koh Rong Samloem Island to supply the needs of the local population, according to a recent issue by Total Solar Cambodia. The 1.25 MW solar power project is to be located on Koh Rong Samloem Island and is constructed as a two stand-alone solar […]
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Din Somethearith: Hotel business to recover soon
The hotel business will start to rebound soon as a large number of flight bookings are opening as normal and people will start to fly again after a long period of self-quarantine during the COVID-19 pandemic. According to Din Somethearith, a well-known hotel businessman in an interview with Freshnewson 08 June 2020, said that the […]
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How about if Cambodia uses oil wealth as a gate way to escape from economic crisis by COVID 19?
How could we come out from the predicting poverty ahead? We still remember the World Bank report predicting the Cambodia’s economic growth in 2020 will slow to between -1% and -2.9% and the poverty rises to between 3% and 11%. These figures are enough that one can see how severe the economic down will be […]
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The Mekong River Commission delays discussions on Loa’s two hydropower projects
The Mekong River Commission has decided to delay decisions Laos’ two hydropower projects on the Mekong River due to concerns over the environmental impact of Cambodia, Thailand, Vietnam and others around the Mekong. According to the announcement of the Mekong River Commission on June 5, 2020. The first hydropower project, the Luang Prabang hydropower project, […]
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Collective Investment Scheme – Cambodia
A Collective Investment Scheme (“CIS”), as defined by the law of Cambodia, is an investment structure where various individuals come together by pooling their money to invest in a particular asset in the form of fund collections, returns or profits earned by the investors as per their investment proportion agreement or as per the shareholding […]
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Post COVID 19, Cambodia’s transport and public works redirect toward sustainability
Cambodia economy has felt great impact from the corona-virus outbreak. In the same tone with the world bank’s prediction of the minus 1% to 2.9% economic drop, the UN spell out similar tone that like many countries around the world, Cambodia faces a complex challenge to respond to the impact of Covid-19. This is according […]
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Koh Kong Kroa Island’s future development potential expects, once enlisted as a “marine national park” in 2021
The Royal Government is studying development projects on Koh Kong Kroa Island, the country’s largest island, with a total area of 103 square kilometers; and expects to transform it into a “marine national park” in 2021. On June 4, the Royal Government of Cambodia issued a decision on the establishment of a commission to oversee […]
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Cambodian People’s Party HQ building 95% complete
The new Cambodian People’s Party (CPP) headquarters building is now 95% complete, according to Prime Minister Hun Sen’s official Facebook page on the morning of 05 June 2020. The new CPP headquarters is a five-storey 50,000 square metre building being built on a 1.6-hectare plot and which will eventually stand 48 metres high. The new […]
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Tourism Port in Mekong river plans to be constructed in Kean Svay district
An international standard tourism port has been planned to construct on the lower Mekong River located in Kean Svay district, Kandal province by a private company aiming to contribute and enhance tourism sector development in Phnom Penh. The port construction project was raised up by Prince Real Estate Group in a meeting with H.E. Thong […]
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One Belt, One Road projects resumes work despite COVID-19 fears
China’s One Belt One Road Initiative in Cambodia is continuing as usual despite the ongoing recent lack of construction workers and supplies due to COVID-19, according to the Xinhua website on 02 June 2020. Since the outbreak of COVID-19, the government has released strict measures to prevent the spread include 14-day quarantine and other precautionary […]
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