Gov’t Plans to Transform Run Ta Ek Area into Run Ta Ek City with Robust Infrastructure
In a visionary initiative, the Cambodian government is set to transform the Run Ta Ek area into a bustling urban center, aptly named Run Ta Ek City. Samdech Hun Manet unveiled this ambitious plan during a gathering with residents of Run Ta Ek village on 8 December 2023, in Siem Reap province. Expressing the government’s […]
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Beijing Urban Construction Group Explores Water Treatment Initiatives in Cambodia
Samdech Hun Manet, Prime Minister of Cambodia met with Mr Li Daosong, President of Beijing Urban Construction Group Co., LTD (BUCG) at the Peace Palace on 7 December 2023 who shared details about the company’s plans to conduct feasibility studies for water treatment projects in Cambodia. The proposed initiatives focus on establishing water treatment systems […]
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As Takhmao Techo International Airport achieves 55%, New Phnom Penh Expressway Connection Confirmed
Progress on the construction of the Techo Takhmao International Airport project is currently at 55% with work to date consuming over 50% of the estimated US$1.5 billion project value. The airport is scheduled to commence operations in early 2025, marking a significant milestone in Cambodia’s infrastructure development. Loak Okhna Charlves Vann, Director of Cambodia Airport […]
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Grand Unveiling: Siha Hotel & Casino, Malaysia’s US$50m Marvel, Shines in Sihanoukville
On 3 December 2023, Siha Hotel and Casino, a lavish investment worth US$50 million nestled in Group 14, Village 1, Sangkat 3, Sihanoukville, was inaugurated by HE Kouch Chamroeun, Governor of Preah Sihanouk Province. Expressing admiration for Malaysia’s significant investment in Sihanoukville’s hospitality sector, HE Kouch Chamroeun highlighted the strategic decision by Malaysian investors to […]
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ISI Park Veng Sreng: A Transformative Oasis Unveiled by ISI Group & Urbanland
In a spectacular unveiling, ISI Group and Urbanland set the stage for a new era in urban development with the official launch of ISI Park Veng Sreng. The culmination of over 25 years of visionary progress, ISI Park Veng Sreng emerges as a cutting-edge mixed-use business and lifestyle hub, promising to redefine the landscape of […]
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New Zealand Extends a Helping Hand: Injects Over US$ 3 Million in Demining Assistance for Cambodia
New Zealand has pledged an additional US$ 3.1 million for the fourth phase of Cambodia’s demining project. The financing agreement, symbolizing this commitment, was formalized at a signing ceremony between the United Nations Development Program (UNDP), represented by Ms. Alissar Chaker, UNDP Country Director for Cambodia, and the Ministry of Foreign Affairs and Trade of […]
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Okhna Pung Kheav Se Leads 74 CCA Members and 133 Companies Organising Cam-International Construction Exhibition
In a spectacular celebration of milestones, the Cambodian Construction Association (CCA) illuminated its 13th anniversary with the grand event, “Summit on Annual Progress Report and Inauguration of Cambodia-International Construction Industry Exhibition.” Held at the prestigious Koh Pich Conference Hall from 6-8 December 2023, the gala was presided over by HE Para Mangol, Secretary of State, […]
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China’s Guangzhou Youdi Biotechnology Explores Opportunity of Establishing Visionary Medical Industrial Zone in Cambodia
Embarking on a strategic initiative, Guangzhou Youdi Biotechnology, a renowned medical company hailing from Guangzhou, China, has expressed its keen interest in delving into the prospect of establishing a cutting-edge medical industrial zone within Cambodia. The proposal unfolded during a meeting on 4 December 2023, between HE Sun Chanthol, Deputy Prime Minister and First Vice […]
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ADB’s $2.4M Boost to House State-of-the-Art Chuon Nath Library, Largest in Cambodia
The Asian Development Bank (ADB) has allocated a generous sum of US$2.4 million for the construction of the Chuon Nath Library at the National Institute of Education. The groundbreaking ceremony, led by HE Dr Hang Chuon Naron, Deputy Prime Minister and Minister of Education, Youth, and Sports, took place on 29 November 2023. The initiative, […]
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Cambodian Gov’t Abandons US$1.5billion Coal Power Plant for Sustainable Energy Future
In a monumental shift towards environmental responsibility, Cambodia has chosen to forgo the construction of a US$1.5 billion 700MW coal-fired power project in a protected reserve along the southwestern coast. Instead, the nation is set to embrace a cleaner future by establishing an 800MW natural gas-fired plant, revealed HE Keo Rottanak Minister of Mines and […]
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Chinese Police Initiates Probe into Zhongzhi Bankruptcy with US$60m Debt
In a significant turn of events, Beijing police have officially launched an investigation into Zhongzhi, a colossal financial conglomerate, following its recent descent into debt and subsequent bankruptcy. This is according to the publication of Hong Kong media The Standard published on 26 November 2023. Despite its low profile, Zhongzhi has played a pivotal role […]
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USAID Pledges US$24M to Propel Biodiversity and Conservation Initiatives in Cambodia
USAID unveils a groundbreaking five-year project, injecting US$24 million into safeguarding biodiversity and natural resources while enhancing the well-being of Cambodian communities. The official announcement was made through a USAID press release on December 4, 2023. Through the “USAID Conservation” project, the focus is on empowering communities to spearhead initiatives that create local employment opportunities […]
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