Local News
Two Chinese Firms to Invest in PPSEZ Despite COVID-19 Pandemic
Sample picture Two new Chinese firms plan to build electronic manufacturing factories in the Phnom Penh Special Economic Zone (PPSEZ), despite the ongoing COVID-19 crisis. According to a post on the Phnom Penh SEZ Facebook page in mid-August, the pandemic has affected various sectors and in particular the supply chain in manufacturing companies. Businesses in […]
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Cambodia, Japan Discuss Port Development in Sihanoukville
Cambodia and Japan have recently discussed the development of new deep container ports in Sihanoukville, aiming to expand economic activities between the two nations. The project was raised for discussion during the two-day official visit of the Japanese Foreign Affairs Minister Motegi Toshimitsu in Cambodia on August 21-22. The discussion is timely given that Cambodia […]
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Mekong Homes Unveils Affordable Housing Model
The Mekong Homes project by ISI Steel has launched a new affordable house model to fulfil the needs of small and medium land plot owners in Cambodia. Launched on 14 August, the event hosted real estate developers and microfinance partners from over 80 institutions who expressed optimism and plan to collaborate with Mekong Homes. Through […]
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Growth of Coal Power Plants Discouraging FDI over Environmental Concerns
Some major brands including H&M, Adidas, Puma, Gap, and others have expressed concern and reluctance to continue investing in Cambodia due to the growth of coal power plants, which is not green energy, according to the Nikkei Review Asia on 12 August. These firms have sent a letter of concern to the Cambodian government stating […]
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US$25 million Coastal Business Centre Proposed for Kampot
Gold Coast International Development Co., LTD has proposed investing US$24.8 million to build a coastal business centre on 42 hectares of land in Kampong Trach district in Kampot province, according to the Kampot Provincial Administration on 13 August. Located in Thkov village, Russey commune, Kampong Trach district, the project will comprise of commercial centres, 4-star […]
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World’s Tallest Prefab Building Set for Singapore by 2023
The world’s tallest prefabricated skyscraper is currently under construction and is scheduled to rise in Singapore by 2023, according to a CNN report on 10 August. Named Avenue South Residences, the project comprises of two 192 metre-tall buildings or about 56 floors. The uniqueness of this project is the Prefabricated Prefinished Volumetric Construction (PPVC) building […]
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Government to dredge Prek Thnaot river to mitigate Phnom Penh flood risk
The Ministry of Water Resources and Meteorology has been working with a Chinese firm to dredge the Prek Thnaot river next year, aiming to mitigate flood risk in Phnom Penh City. Secretary of State and spokesman for the Ministry of Water Resources and Meteorology H.E Chan Yutha said at a press conference on August 10 […]
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Completion of Chinese-funded Morodok Techo Stadium Delayed to Early 2021
The construction of the Morodok Techo Stadium is now 80% complete, but work will not be finalized this year as scheduled. The project’s completion is now expected to be delayed until March 2021. Secretary-general of the National Olympic Committee of Cambodia Vath Chamroeun said on 12 August that the delay is due to the COVID-19 […]
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MRC: Dams Not Main Cause of Low Mekong River Level
The Mekong River Commission has asserted that dams are not the main cause for lowering the water level of the Mekong River, but rather drought, climate change, and El Niño are the principal causes which differs from the opinions of other environmental experts. Secretary-General of the Cambodia National Mekong Committee Te Navuth said at a […]
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US$230 million Pursat River Dam Construction Starts
Construction of the US$230 million 80MV dam in Pursat province has begun and is set to go online by the end of 2023, according to the Ministry of Mines and Energy’s spokesman. Located on the Pursat River in Pramuoy commune, Veal Veng district, the project is being built by South Korean firm SPHP (Cambodia) Co […]
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