Cambodia Issued New Wastewater Law Outlining Strategic Plan for Wastewater System Development to Ensure Sustainability
The Cambodian government has identified five priority areas to advance the planning and development of wastewater systems, a key initiative aimed at boosting public welfare and ensuring environmental sustainability. The announcement follows the enactment of the Law on Wastewater System on 22 November 2024, a comprehensive legal framework comprising 16 chapters and 113 articles. The […]
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Bentley Systems Announces Generative AI Game-Changer for Civil Site Design
Company unveils first-to-market AI-powered civil engineering application that delivers optimized, accurate site designs up to 10 times faster than traditional methods VANCOUVER (Bentley Systems’ Year in Infrastructure 2024) – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced new generative AI capabilities for civil site design, including a design copilot, site layout […]
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Phnom Penh’s New University of Health Sciences Hospital: A Vision for Modern Healthcare Begins Construction
In a landmark development for Cambodia’s healthcare sector, the construction of the University of Health Sciences Hospital has officially commenced, backed by a substantial USD 67 million loan from South Korea. The groundbreaking ceremony, led by PM Hun Manet on 10 December 2024, marks a pivotal moment in enhancing medical services within the nation. Strategically located along the scenic Phnom […]
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Kampot Province Celebrates Major Land Registration Achievement: Over 260,000 Plots
In a significant milestone for land ownership security, Kampot provincial authorities have successfully registered 268,272 plots of land and issued 110,611 land certificates to residents over the past three years. This initiative reflects the government’s dedication to enhancing property rights and fostering sustainable development within the province. At a recent ceremony in Antong Bek and Bornai Villages, Mr Preap […]
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ADB Approves USD 173 Million to Strengthen Climate-Resilient Irrigation in Cambodia
The Asian Development Bank (ADB) has approved a USD 173 million funding package to boost climate-resilient irrigation systems across Cambodia, with the aim of modernising infrastructure and enhancing sustainable water resource management. This significant announcement was made in a press release on 9 December 2024, underscoring Cambodia’s ongoing commitment to tackling climate change challenges. The […]
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Over 200K Land Parcels Surveyed Across Three Provinces in Six Months
In a major push for systematic land registration, Cambodia successfully surveyed 207,500 land parcels across Kampong Chhnang, Preah Vihear, and Oddar Meanchey provinces between June and November 2024. This milestone was presented during a 4 December 2024 review meeting led by the Ministry of Land Management, Urban Planning, and Construction. According to Mr Chhoeun Bunnaroth, […]
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Angkor Wat Ticket Sales Surge Nearly 29% to USD 41.9 Million in 2024
Cambodia’s Angkor Archaeological Park has recorded a stunning revenue of USD 41,908,833 from ticket sales in the first eleven months of 2024, marking a significant 29% increase compared to the same period in 2023. The announcement was detailed in a report released by the Angkor Foundation on 1 December 2024. The report revealed that 898,339 […]
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Thailand Secures USD 500 Million Data Centre Investment, Ready to Compete with Indonesia and other Asian Powerhouses
Thailand solidifies its position as a rising data centre hub with a landmark real estate transaction facilitated by JLL Thailand. The deal secures prime land on Bangna-Trat Road for one of the world’s largest digital infrastructure companies, paving the way for a USD 500 million investment, according to RetalkAsia dated 23 November 2024. This project […]
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Philippines Unveils USD 4 Billion Terra Solar Project, World’s Largest Solar Storage Facility
The Philippines has officially inaugurated the world’s largest solar storage facility, the Terra Solar Project, spanning 3,500 hectares with a total investment of USD 4 billion. The project is set to deliver a photovoltaic capacity of 3,500 megawatts (MW) alongside a 4,500 megawatt-hour (MWh) battery storage system, powering 2.4 million households and cutting carbon emissions […]
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Cambodia Unveils 10-Year Plan, Prioritising Transport and Logistics Sector Development
Cambodia has identified the transport and logistics sector as its top priority in a new 10-year development plan for 2025–2035, aimed at modernising infrastructure and fostering economic growth. The Royal Government of Cambodia confirmed this decision on 3 December 2024, as part of a comprehensive strategy to strengthen public-private partnerships and enhance key infrastructure such […]
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Siem Reap Angkor International Airport Welcomes 1.3 Million Passengers, Targets 2 Million in 2025
Siem Reap Angkor International Airport has welcomed over 1.3 million passengers in the first 11 months of 2024, with projections set to reach 1.4 million by the end of the year, marking a promising recovery in Cambodia’s tourism and aviation sectors. This milestone was shared by Lu Wei, Chairman of the Board of Directors of […]
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Vietnam Surpasses China as Cambodia’s Top Foreign Investment Rankings with Over USD 557 Million
Vietnam has emerged as Cambodia’s top foreign investor, accounting for 51.08% of total investment capital as of November 2024, surpassing China’s 24.26% share. Cambodian investors contributed 14.49%, marking a significant shift in the nation’s investment landscape. The figures were revealed in a recent Council for the Development of Cambodia (CDC) report on 1 November 2024, […]
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