Construction Focus
Construction of NR6 Connecting to Techo Stadium 80% Complete
The construction of the NR6 section that connects to the Moradok Techo National Stadium has been 80% completed, according to the Department of Public Works and Transport of Phnom Penh on 25 January. “Only 100 days left until the SEA Games and NR6 is one of the four main routes leading to the National Stadium,” […]
Read More
Gov’t to Build More Infrastructure for Automotive & Electronic Sectors
The Cambodian government plans to build more infrastructure to promote investment in the automotive and electronics sectors, according to the official road map for the development of the automotive and electronics sector discussed on 9 December. The roadmap identifies 20 key priority measures in five areas including 1. Strategies and institutional coordination 2. Human resources […]
Read More
Construction of NR10 Connecting Koh Kong to Battambang 70% Complete
The construction of NR10 connecting from Battambang to Koh Kong has been 69.28% completed as of January and it is scheduled to be completed by the end of 2024, according to a press conference by the Battambang Provincial Administration on 24 January. NR10 has a total length of more than 197 kilometres and the construction […]
Read More
Preliminary Study Completed for Cambodia’s First High-Speed Rail Line
The Cambodian government will soon upgrade the northern Phnom Penh-Poipet railway to become Cambodia’s first standard high-speed railway. According to a meeting to review the preliminary study result between China Road and Bridge Corporation (CRBC) and the Ministry of Public Works and Transport (MPWT) on 23 January, the project will cost approximately US$4 billion and […]
Read More
Gov’t Approves US$2m Budget to Renovate Siem Reap-Oddar Meanchey Road
The Ministry of Economy and Finance has approved a US$$2 million fund to renovate and upgrade a 68-kilometre road from Siem Reap to Oddar Meanchey, according to a official meeting last weekend. The renovation of this road is to facilitate the travel and transportation of agricultural products between the two areas. The construction is set […]
Read More
Major Road Renovation Project in Svay Rieng 70% Complete
The renovation of a major 11km major in Svay Rieng province has been 70% completed as of January and is scheduled to be completed in March 2023, according to the Ministry for Rural Development. Being upgraded to double DBST at 8 metres wide, the road connects NR18 at O’Don Am village to Samyong village in […]
Read More
Construction & Real Estate Loan Shares 18% of Total Credit
Bank loans provided to major sectors grew 19.3% compared to last year, while construction and real estate grabbed approximately 18% of the total loans of US$46 billion, according to a recent official summary. Real estate businesses received 9% of total loans, while construction also took 9%. Personal housing loans accounted for 14%, hotel and the […]
Read More
China & Cambodia aviation remains uncertain despite China’s opening
After China announced the reopening, the flights between Cambodia and China as of January 2023, remained uncertain. According to data from the Secretariat of Civil Aviation, in August 2022, Cambodia had 30 flights between China and Cambodia weekly (quota set by the Chinese side), which means that Cambodian airlines fly 15 times weekly to China […]
Read More
Incentives of new investment law
New investment law has been publicly promulgated since October 2021, which is universal to increase revenue collection by embracing long-term business and attracting new investment. (Read more) Particularly, this new law has provided many favourable conditions on tax and customs for qualified investment projects (IQP). (Read more) Besides, it also has many special guarantees for […]
Read More
CDC Approves Four Major Projects Worth US$65.4m in Three Provinces
The Council for the Development of Cambodia (CDC) has given permits to four private firms to invest US$65.4 million to establish four factories in Kampong Speu, Kandal and Svay Rieng provinces. These private companies include: “AROMA SUCCESS GARMENT CO., LTD”, which will invest US$36.6 million to establish a garment factory located in Taing Sno village, […]
Read More