Transformative Infrastructure Initiatives Propelling Southwest Cambodia towards Logistics Hub Status
Prime Minister Samdech Hun Manet of Cambodia has emphasised that the implementation of significant infrastructure projects, including the Funan Techo Canal and Techo International Airport, will elevate the southwestern region of the country to a pivotal logistics hub. Prime Minister Hun Manet articulated these views while inspecting the ongoing development of the US$1.5 billion 4F-class […]
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Japan Extends Concessional Loan for Regional Hospital Development in Cambodia
In a significant gesture of bilateral cooperation, Japan has extended a concessional loan totalling JPY 21,104 million (approximately US$154 million) to Cambodia for the development of regional hospitals. The formal exchange of notes and accompanying documents took place on 13 March, with HE Sok Chanda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and […]
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Surge in Chinese Tourists Boosts Angkor’s Tourism Sector, 140% Increase from 2023
In a remarkable uptick, the number of Chinese tourists flocking to Angkor Wat witnessed a staggering 140% increase during the initial two months of 2024 compared to the corresponding period in 2023. According to a report by XINHUANET on 8 March 2024, a total of 16,074 Chinese visitors explored the historic site, marking a substantial […]
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In February, Cambodia Secures Nearly US$1.2bn for Development with 37 New Projects
In a noteworthy surge of economic activity, Cambodia witnessed a substantial influx of investment totalling nearly US$1.2 billion during February 2024. This significant investment, as revealed in a press release by the Council for the Development of Cambodia on 12 March 2024, is poised to propel the development of the nation through the approval of […]
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Grand Opening of Techo Sen Koh Thom Hospital: An US$11m Milestone
Set against the backdrop of the tranquil Koh Thom district in Kandal province, the Techo Sen Koh Thom Hospital was officially inaugurated on 13 March 2024, marking a pivotal moment in the province’s healthcare narrative. Worth more than US$11 million, this hospital stands as a beacon of medical excellence and community collaboration, presided over by […]
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Cambodia Eyes European Investment Booster: A US$540m Journey Over Three Decades
In a concerted effort to diversify and enhance its investment portfolio, Cambodia has set its sights on attracting a larger share of European investment. Despite hosting approximately 62 projects from Europe, a total investment of US$540 million since 1994, the nation views this figure as the tip of the iceberg. This ambition was at the […]
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Progress Update: NR No. 4 Improvement Reaches Halfway Mark
As of March 2024, the extensive undertaking to enhance NR No. 4, spanning from Bek Chan commune in Kandal province to Bit Trang commune in Preah Sihanouk province, has achieved a significant milestone, with completion reaching 50.57%. HE Phan Rim, spokesperson for the Ministry of Public Works and Transports (MPWT), affirmed the substantial progress, noting […]
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New Ashton Asoke Condominium Worth US$168m Faces Demolition by Thai Supreme Court
The Ashton Asoke condominium, a 6-billion-baht (US$168 million) project located in Bangkok’s Watthana district, is on the brink of demolition following a Supreme Administrative Court ruling, according to Aseannow dated 8 March 2024. The court’s decision, issued in July last year, invalidated the building permit due to the insufficient width of the main entrance, a […]
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Techo International Airport Set to Complete Phase I Construction by October 2024, Eyeing Mid-2025 Inauguration
Techo International Airport, strategically located across Kandal and Takeo provinces, is on track to conclude the first phase of its construction by October 2024, paving the way for its official commencement in mid-2025. A recent report from the Secretary of State for Civil Aviation indicates substantial progress, with the first phase reaching an impressive 66.1% […]
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NR No. 48 Upgrade Surpasses 45%, Targeting 60% Milestone by May
Efforts to enhance the quality of Cambodia’s crucial transportation artery, NR No. 48 (Sre Ambel-Koh Kong), have reached a commendable milestone, with completion currently standing at 45.17% as of 11 March 2024. The Ministry of Public Works and Transport (MPWT), led by HE So Vector, Secretary of State and Director of the Quality Improvement Project […]
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Cambodia & Vietnam Forge Business Council for Seamless Cross-Border Trade
In a groundbreaking move towards bolstering economic ties, the Cambodian Chamber of Commerce (CCC) and the Cambodia-Vietnam Business Council (CVBA) have unveiled plans to establish the Cambodia-Vietnam Business Council. This strategic initiative announced through the official Facebook page of the CCC on 8 March 2024, is poised to play a pivotal role in addressing challenges […]
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China Uses Bentley’s Digital Twin to Build Xudong Underground Substation’s, Enough for Supplying 200k Residents
In a groundbreaking move to revolutionise the power grid infrastructure in central China, the Xudong underground substation emerges as a pivotal project in the 13th five-year plan of the Hubei power grid. This innovative substation, the first of its kind in central China, operates at 220 kilovolts and serves as a pilot demonstration project for […]
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