ADB: Well-organised transport networks and affordable housing stimulate economic growth
Strengthening the efficiency of transport networks and reasonably-priced housing are a major contributors to keeping the economic engine firing on all in cylinders in Cambodia as well as in other Asia countries. Ear Sophal, an associate professor of diplomacy and world affairs at Occidental College in Los Angeles said being stuck in a traffic jam […]
Read More
Bentley Systems to Host Infrastructure Leaders at the Year in Infrastructure 2019 Conference in Singapore
Bentley Systems, Incorporated, the leading global provider of comprehensive software solutions and digital twin cloud services for advancing the design, construction, and operations of infrastructure will host its Year in Infrastructure 2019 Conference and awards ceremony at one of the most iconic buildings in Asia, the Marina Bay Sands Expo and Convention Centre in Singapore. […]
Read More
New Sihanoukville special economic zone proposed
Two companies have proposed 1,600 hectares of land in Sihanoukville province to be developed into a special economic zone through land reclassification, according to the provincial administration. On 07 October, Sihanoukville provincial governor H.E Kouch Chamroeun held a meeting to discuss the proposal with the Stung Hav district governor and other officials from relevant departments. […]
Read More
Rooftop solar PV installation can reduce climate change risk and increase investment
Rooftop solar PV or known as Solar Photovoltaics installation has been mentioned as one of the solutions to reduce the risk of climate change and increase more investment in the report of De-Risking Renewable Energy Investment in Cambodia (DREI). The National Council for Sustainable Development (NCSD) recently launched two reports, ‘Addressing Climate Change and Economic […]
Read More
New regulations force Thai developers to resell projects
Many developers in Thailand are beginning to place their residential projects up for resale after some customers have been unable to complete payments due to the restrictions in the new loan-to-value (LTV) regulations. According to a survey conducted in The Nation and reported in late September, some projects that were already sold to customers are […]
Read More
ADB says real estate credit poses challenge to Cambodia’s GDP growth
The Asian Development Bank (ADB) has recently forecasted that Cambodia’s GDP to grow at 7.0% this year while suggesting that the country should reduce financial risk poses by credit on the real estate sector. According to the recent press release of its latest report, Cambodia’s growth remains driven by the four traditional sectors such as […]
Read More
Government urges review of Phnom Penh-Bavet Expressway
The government has called on all relevant Cambodians stakeholders to review the feasibility of constructing the Phnom Penh-Bavet expressway. The major infrastructure project has been postponed since the completion of the JICA feasibility study in 2017 as the proposed budget was too high at around US$4 billion. During a forum on investment and trade between […]
Read More
Phnom Penh-Sihanouk expressway to finish construction ahead of schedule
The US$2 billion expressway linking Phnom Penh to Sihanoukville, on which ground was broken in March, is expected to be completed ahead of the original planned schedule, according to H.E Sun Chanthol, Senior Minister and Minister of the Ministry of Public Works and Transport (MPWT). After closing the event on ROAD CARE app campaign on […]
Read More
Public works ministry launches campaign to promote ROAD CARE Mobile App
The Ministry of Public Works and Transport (MPWT) in partnership with the United Nations Development Programme (UNDP) launched a campaign on 04 October 2019 to train and promote the techniques of road maintenance and the use of the ‘ROAD CARE Mobile App. The recently launched ROAD CARE is a mobile app that allows people to […]
Read More
Japan provides US$26 million for sewage infrastructure
The royal government of Japan through the Japanese Embassy to Cambodia has provided US$26 million in assistance to Cambodia to build a sewage system in Phnom Penh. The exchange note on the grant aid of Japan was signed in Phnom Penh on 03 October between H.E. Prak Sakhonn, Minister of Foreign Affairs and International Cooperation […]
Read More
EuroCham discusses ‘quality in construction’ amid booming industry
The European Chamber of Commerce in Cambodia (EuroCham Cambodia) organised a Breakfast Talk regarding quality in construction on 03 October, aiming to see how contract management helps deliver quality projects. With around 80 real estate and construction professionals attending the event, Mr Michel Cassagnes, the moderator and managing director at Archetype Cambodia said the event […]
Read More
Construction contract for 34 roads in Sihanoukville set for November
The construction contract for 34 roads in Sihanoukville is set to be signed in November, though the date for the start of construction is yet to be scheduled, according to Sihanoukville provincial hall spokesman Mr Kheang Phearom. The confirmation came after an inter-ministerial meeting on the infrastructure project in Sihanoukville was held and concluded on […]
Read More