Vietnam Biggest ASEAN Investor in Cambodia, Reaching US$2.8bn to Date

Vietnam is the biggest ASEAN foreign direct investor in Cambodia with 188 active projects and total registered capital of US$2.85 billion, VN Express reported on Wednesday. In the first 11 months this year, Vietnam has invested in four new projects in Cambodia with a registered capital of nearly US$90 million, up 4.6 times year-on-year, according […]

Read More

Construction of Longest Bridge of PP-SHV Expressway Completed

The longest bridge of the Phnom Penh-Sihanoukville expressway has completed the installation of all box girders and has been fully connected to the pavement on both sides. According to the official Facebook page of the expressway on 22 December, the bridge is located at the 179-kilometre point of the expressway crossing over the river at […]

Read More

35-Storey GDCE Building Officially Inaugurated 23 December

Prime Minister Samdech Hun Sen on Thursday 23 December officially inaugurated the 35-storey administration building of the General Department of Customs and Excise (GDCE) along with two other buildings— the National Customs School and the Customs Museum. Built on the old site in front of the National Bank of Cambodia on Norodom Blvd, the GDCE […]

Read More

Construction to Begin on New Large-Scale Hospital Complex in Koh Thom in January

Construction on the new Techo Sen Koh Thom Hospital building is set to begin in January 2022, according to the meeting of the construction committee and relevant officers from the Ministry of Public Works and Transport on 21 December. The project includes the construction of three new buildings with a total area of over 12,500sqm. […]

Read More

Construction Begins for New US$25-million National Assembly Building

Construction has officially begun for the new US$25-million administration building of the National Assembly. The ground-breaking ceremony was presided over by President of the National Assembly of Cambodia Samdech Heng Samrin and President of the Socialist Republic of Vietnam HE Nguyen Xuan Phuc on 21 December. The building is being constructed under a grant from […]

Read More

Plan to Construct Chak Angre Krom- Prek Pra Bridge Receives Approval from PM Hun Sen

The plan to build a new bridge as an alternative to the heavily congested Monivong Bridge across the Bassac River connecting Chak Angre Krom and Prek Pra communes has already been approved by Prime Minister Hun Sen. The update of the plan was confirmed by the Minister of Public Works and Transport HE Sun Chanthol […]

Read More

NBC: Total Credit Reaches US$44.9 billion by Q3 2021; Construction Contributes 25.6%

By the end of the third quarter of 2021, total domestic credit provided by banking and financial institutions reached US$44.9 billion, an increase of 23% compared to the same period last year, according to a National Bank (NBC) report on 20 December. Among all, credit given to the construction sector was at US$11.5 billion, or […]

Read More

New Flyover Set to be Built at Century Plaza Intersection

The Phnom Penh Municipal Administration plans to build a new flyover at the Century Plaza Market intersection to ease the traffic congestion on Russian Blvd, St. 2004, and St. 2011. The project was discussed in a meeting held on 20 December, led by Phnom Penh Governor HE Khuong Sreng, with relevant departments and officials in […]

Read More

Japan Provides Grant Aid to Build Schools, Water Resources & Irrigation System

The Japanese government has provided more than US$280,000 in grant aid to three Cambodian provinces including Steung Treng, Ratanakiri and Kampong Speu to build schools and rehabilitate irrigation systems. According to a press release from the Embassy of Japan in Cambodia, these funds are under the Grant Assistance for Grassroots Human Security Projects (“KUSANONE”). The […]

Read More

Cambodia, Vietnam to Connect New Sea Tourist Destinations 

Cambodia and Vietnam have agreed to boost cross-nation tourism by connecting Kampot Tourism Port and Bai Vong Tourism Port as well as co-creating cruise packages for tourists. According to the bilateral meeting on tourism cooperation between Cambodia and Vietnam on 10 October, both parties have agreed on multiple action plans for 2023-2024 as follows: 1) […]

Read More