Local News
Construction of Mekong River Bridge in Kratie to Begin Soon
The construction of the new Mekong River bridge in Kratie province is set to begin soon, according to the official discussion on 28 November chaired by HE Lim Sidenin, Secretary of State of the Ministry of Public Works and Transport. HE Lim Sidenin said the meeting allowed the firms to present the results of the […]
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ASEAN MAYORS FORUM 2022 to Focus on Building Smart Cities
Cambodia will participate in the ASEAN MAYORS FORUM 2022, which brings together representatives from about 80 cities and provinces in the ASEAN region and more than 30 major cities outside ASEAN. This forum will be held on December 2 and 3, 2022 in Phnom Penh. PP Governor HE Khuong Sreng said that this year’s ASEAN […]
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1,175 Construction Projects Approved in Q3 2022
In Q3 of 2022, the government approved a total of 1,175 construction projects, an increase of 147 projects or 14.3% compared to the same period last year, according to the economic and financial statistics bulletin for the third quarter of 2022. Among all projects, residential, villa, industrial, and public construction saw an increase in number […]
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Total Construction Loans Stand at US$4bn; Real Estate at US$10bn as of Q3 2022
As of the third quarter of 2022, loans provided by banks in the construction sector totalled approximately US$4.28 billion, an increase of 19.1% y-o-y. Meanwhile, credit given to the real estate sector was at around US$10 billion, also up by 34.1% year on year. According to the economic and financial statistics bulletin for the third […]
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UN Urges Cambodia to Strengthen Road Safety
The UN Special Envoy for Road Safety has urged Cambodia to strengthen road safety measures through the implementation of multiple projects, emphasising that road safety is still a challenge in Cambodia. The concern was raised during the meeting between Special Envoy of the United Nations HE Jean Todt with Minister of Public Works and Transport […]
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BYD Auto Mulls Building 200 EV Charging Stations in Cambodia
BYD Auto, a major importer of Chinese electric vehicles to Cambodia, has unveiled plans to build 200 EV charging stations in various locations across Cambodia by 2023. The plan was proposed during the meeting between Minister of Public Works and Transport HE Sun Chanthol and Regional Director of BYD Auto Industry Mr Henry Yip on […]
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Gov’t to Speed Up Land Dispute Resolution in SHV for Multi-Purpose SEZ
The Ministry of Environment has vowed to speed up the land dispute resolution in Sihanoukville to prepare the province to be the hub of industrial and trade activities in the kingdom and known as a multi-purpose economic zone. Minister of Environment HE Say Sam Al stated on 25 November that the land dispute is the […]
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ISI Steel launches multiple new products, boosting construction quality in Cambodia
ISI Steel, a subsidiary of ISI Group, has launched three new products to meet market demand. These products include ISI PALM CAP 980 PU, ISI PALM LOK Hi-Strength 980, and ISI PALM WALL 914. The launching ceremony was attended by business partners, customers, and the management team of ISI Group. CEO of ISI GROUP Kang […]
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European Firm Mulls Investing in Cable Car Public Transport in Cambodia
A major European company Doppelmayr Group plans to invest in building a cable car system to serve as public transport in Phnom Penh. According to the meeting between HE Touch Chankosal, Secretary of State of the Ministry of Public Works and Transport and Mr. Peter Vogelmann, Director of International Sales, Doppelmayr Group on 23 November, […]
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World Bank Provides US$60m Loan for Waste Management Project in Cambodia
The World Bank (WB) has provided approximately US$60 million in loans to improve solid waste and plastic waste management in Cambodia, according to the Ministry of Interior’s announcement on 22 November. The project will run for six years in collaboration with the Ministry of Interior, the Ministry of Economy and Finance, the Ministry of Public […]
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