Local News
China Helps Cambodia Build Over 3,000km of Roads Worth Approx. US$2 Billion
The Chinese government has helped Cambodia build 30 roads with a length of more than 3,000 kilometres throughout the country at a cost of nearly US$2 billion as of December, while others are under construction. Speaking at the ground-breaking ceremony for NR41 on 26 December, Cambodia PM Samdech Hun Sen said China is building three […]
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Renovation of 95km NR41 Officially Begins
The project to upgrade 95-km NR41 under Chinese fund of over US$67 million has officially begun. The ground-breaking ceremony for NR41 was held on 26 December under the presidency of Cambodia Prime Minister Samdech Hun Sen and Chinese Ambassador to Cambodia HE Wang Wentian. The construction is being carried out by China Bridge and Road […]
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Gov’t Establishes Five New Cities & Districts in Three Provinces
The Cambodian government has established five cities and districts in Kandal, Kampong Speu and Kratie provinces, according to Sub-Decree No. 269, 270, 271 and 272, dated on 23 December. The first new city is Sampov Loun in Kandal province with five communes including Chheu Khmao, Prek Chrey, Prek Speu, Chroy Takeo and Sampov Poun. The […]
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Royal Railway Launches Second Bond Sale Worth US$20 Million
Royal Railway has issued an additional US$24 million bond to the public, scheduled for listing on 29 December on the Cambodia Securities Exchange, according to a press conference on 22 December. This is the second time that the firm has issued bonds after the first US$10 million was sold. (Read more) According to HE Sou […]
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ADB, AFD provide over US$380m to develop six major sectors in Cambodia
The Asian Development Bank (ADB) and the French Agency for Development (AFD) have officially provided US$381.45 million in financing to Cambodia to develop six key sectors. The agreement was signed between the two partners and the Ministry of Economy and Finance on 22 December. The funding for the development of 6 projects and programs includes: […]
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Gov’t to Build More Infrastructure to Connect Main Economic Poles & Cities
The Cambodian government is in need of building more physical infrastructure, such as roads, bridges, highways and high-speed rail to serve transportation, support economic growth throughout the country, reduce poverty and increase people’s income. In the inauguration ceremony of a new road in Sihanoukville on 22 December, Cambodia Prime Minister Samdech Hun Sen announced many […]
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Australia Assists Cambodia with Urban Wastewater Solution
The Australian Water Community (AWA) has partnered with the Cambodian Ministry of Public Works and Transport to develop urban wastewater planning and management. Both parties hosted a two-day workshop held on 6-7 December to study the current and future challenges of wastewater and to find solutions to the sanitation problems caused by rapid urbanisation. Sally Armstrong, AWA’s […]
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43km Road Connecting Prey Nup to Sihanoukville Officially Inaugurated
The Cambodian government has officially inaugurated the new 43km road connecting Prey Nup district to Sihanoukville which has been built and renovated under the national budget of about US$76 million. The official inauguration ceremony was held under the presidency of Cambodia Prime Minister Samdech Hun Sen on 22 December. The road is divided into two […]
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World Bank Provides US$274m in Loans to Revive Cambodia’s Economy
The World Bank (WB) has provided an additional US$274 million in loans to help the Cambodian economy recover from the recent crisis, according to a press release from the World Bank on 20 December. The loan is provided by the International Development Association (IDA), a World Bank fund to help poor countries, with an additional […]
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Korea Hands Over National Logistics Information Portal to Cambodia
The Government of the Republic of Korea on 20 December handed over the National Logistics Information Portal to Cambodia. The system was submitted to the Ministry of Public Works and Transport by Dr Kim Jong-hak, Senior Researcher of KRIHS Institute, Representative of the Ministry of Land, Infrastructure and Transport of the Republic of Korea, as […]
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