Construction Focus
ADB Continues Support for Cambodia’s Development with US$4.6 Billion Investment
The Asian Development Bank (ADB) has been a strong partner in Cambodia’s development journey, with a total investment of US$4.6 billion for 331 public sector projects in the form of loans, grants, and technical assistance. This was revealed in the ADB Member Fact Sheet 2022, which was released in April 2023. In 2022, ADB has […]
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Single Portal for Business Registration Attracts Nearly US$2 Billion in Construction and Real Estate Investments
The govt’s efforts to streamline business registration processes and improve the country’s investment climate have paid off. The Online Business Registration platform, a single portal for registering new businesses, has received a total of 24,466 applications as of April this year, with a combined investment value of US$7.42 billion. The construction sector accounted for the […]
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MOPT Brings Free Wi-Fi to Nearly 200 Locations during the SEA Games
The Ministry of Posts and Telecommunications (MOPT) has announced that it will provide free high-speed internet access at 186 locations at the National Olympic Stadium and Moradok Techo National Stadium, in support of the upcoming 32nd Southeast Asian Games and 12th ASEAN Para Games set to be hosted by Cambodia in 2023. “Through this initiative, […]
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Cambodia and ITF Collaborate to Enhance ASEAN Transport Connectivity
Cambodia is partnering with the International Transport Forum (ITF) to improve regional transport connectivity within the Southeast Asian region. Representatives from approximately 60 ITF member countries and officials from relevant institutions recently gathered to discuss a project aimed at reducing the transportation gap between countries in the region to lower the cost of shipping and […]
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Cambodia launches US$53m power expansion projects with concessional loans from Japan
Cambodia has officially launched two major power expansion projects worth over US$53 million under the framework of concessional loans and grants of the Royal Government of Japan. These projects aim to strengthen the power supply capacity in Phnom Penh and the southern economic corridor of Cambodia. The inauguration ceremony was presided over by HE Suy […]
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Svay Rieng Province’s Strategic Border Checkpoints and Customs Revenue Surges to US$400m in 2022
Svay Rieng province’s strategic location on the Cambodian-Vietnamese border has facilitated the opening of eight border gates, including two international and two bilateral gates, as well as four regional gates. This was highlighted by HE Men Vibol, Governor of Svay Rieng Province, during a press conference on April 27, 2023, where he presented the province’s […]
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Svay Rieng Province Flourishes with 12 Special Economic Zones and 264 Factories
Svay Rieng Provinc has emerged as a thriving business hub with the establishment of 12 special economic zones since 2005. According to HE Men Vibol, Governor of Svay Rieng Province, nine locations are currently operational, hosting a total of 264 factories, enterprises, and establishments, providing employment to over 94,000 workers. Of these, 146 factories are […]
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New Road from NR 4 to Bokor Mountain Now Accessible to Off-Road Vehicles
The Thansur Sokha Hotel has confirmed that the 61-kilometer road project connecting National Road 4 to Bokor Mountain is now accessible to off-road vehicles. According to their official Facebook page on April 25, 2023, the road is open for high-wheel drive vehicles (4WD) and large motorcycles. The completion of the clearing work on April 1 […]
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Singapore Doubles Property Tax for Foreign Buyers in Effort to Cool Market
In a move to address concerns over the affordability of housing for locals and maintain its position as a competitive financial hub, Singapore has raised taxes on property purchases. The Ministry of Finance, National Development Ministry, and Monetary Authority of Singapore have jointly announced that stamp duties for foreign buyers will increase from 30% to […]
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Bentley Systems Announces Infrastructure Projects Achieve Measurable Results with LumenRT for NVIDIA Omniverse, Powered by iTwin
Creation of Immersive 3D/4D Experiences Enhances Visualization and Simulation of Infrastructure Digital Twins for Improvements in Communication and Collaboration Bentley Systems announced how infrastructure organizations across industries and around the globe are leveraging the power of LumenRT for NVIDIA Omniverse, powered by iTwin, a solution enabling infrastructure organizations to create compelling visualizations and project deliverables […]
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