Construction Focus
Kampong Speu has 383 factories & enterprises worth nearly US$2 billion
As of February 9, 2023, Kampong Speu province has 383 factories and enterprises with capital worth over US$2 billion, Governor Vy Samnang on 9 February. HE Samnang stressed that Kampong Speu province has substantial growth in the factory industry, which provides jobs to over 155,761 workers (115,522 women). He added that in the textile, garment, […]
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Bentley Systems Announces Bentley Infrastructure Cloud, Powered by iTwin
At the 2022 Year in Infrastructure Conference, Bentley Systems, Incorporated announced Bentley Infrastructure Cloud, its combination of enterprise systems that span the end-to-end lifecycle and value chain of the world’s infrastructure. Powered by the iTwin Platform and Bentley’s infrastructure schemas and thus seamlessly integrating with Bentley’s engineering applications, Bentley Infrastructure Cloud will enable better creation, […]
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Austrian Firm Studies Feasibility of Building Cable Car System in Phnom Penh
The Austrian company Doppelmayr Group has been studying the possibility of a “Cable Car” project in Phnom Penh. In the past, the company has expressed interest in investing in transportation using cable cars to promote public transport in Phnom Penh, Cambodia. (Read more) In a meeting with the Permanent Secretary of State of the Ministry […]
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IFAD Provides US$194m to Support Cambodia’s Rural Economy & Agricultural Trade
The International Fund for Agricultural Development (IFAD) has provided US$194 million to support Cambodia’s rural economy and trade in agricultural products. The financing agreement was signed by the President of IFAD Mr Alvaro Lario and the Permanent Secretary of the Ministry of Economy and Finance Mr Vongsey Vissoth on 7 February. Of the US$194 million […]
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Japan Mulls Investing in Cashew-to-Energy Processing Plant in Cambodia
A Japanese company has expressed interest in establishing a factory that processes cashew nuts and cashew nut shells into fuel in Cambodia, according to a meeting between the Minister of Agriculture and Forestry and the CEO of Top Planning Japan Co., LTD on 7 February. HE Dith Tina, Minister of Agriculture, Forestry and Fisheries, said […]
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CDC Approves 11 Investment Projects Worth US$57.9m in Four Provinces
The Council for the Development of Cambodia (CDC) has given permits to 11 private firms to invest a total of US$57.8 million in establishing 11 factories in Kandal, Kampong Speu, Sihanoukville and Phnom Penh. “ONTIME INDUSTRIAL CO., LTD.” will invest US$9 million to establish a metal furniture assembly plant in the Cambodian Special Economic Zone, […]
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Cambodia, Kuwait Continue Cooperation on Oil & Gas Exploration
Cambodia and Kuwait have pledged to further boost bilateral cooperation in oil and gas exploration. Both parties expressed interest in cooperation in this sector during the meeting between the Minister of Foreign Affairs of Cambodia HE Prak Sokhon, and the Ambassador of Kuwait to Cambodia HE Mohammad Saed Safi al-Hachri on 7 February. The two […]
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Businesses Registered Via Single Portal Increases by 800 Companies Within a Month
As of February 2023, 21,609 companies and enterprises were registered in the government’s single portal, an increase of almost 800 companies compared to the previous month. The amount of capital registered was at US$6.15 billion, an increase of US$ .32 billion compared to the last month. (Read more) A report by the Ministry of Economy and […]
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Cambodia, Japan Join Hands to Boost Wastewater Management Nationwide
The Ministry of Public Works and the Japan International Cooperation Agency (JICA) in Cambodia have collaborated to promote the development of wastewater management and sanitation in Cambodia, according to a technical subcommittee on urban wastewater and sanitation meeting on 6 February. The meeting focused on challenges such as the lack of human resources in the […]
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Construction of Monivong Flyover Pillars 11% Complete
The construction of the Preah Monivong flyover, the first circular flyover in Cambodia, has been 11% completed as the technical team is currently drilling 219 pillars on Samdech Techo Hun Sen Blvd and Preah Monivong Blvd. Mr Sam Piseth, Director of the Department of Public Works and Transport of Phnom Penh, told BTV on 7 […]
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