Construction Focus
Concession agreement of Phnom Penh-Bavet Expressway to be signed in February
Cambodia and China plan to sign the concession agreement for the Phnom Penh-Bavet expressway in February 2023 during a state visit to China by Cambodian Prime Minister Hun Sen. This was stated by HE Sun Chanthol, Senior Minister and Minister of Public Works and Transport on 11 January 2023. The Minister said that in the […]
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MPWT plans to build a large wastewater treatment system in Kampong Spue
The Ministry of Public Works and Transport is collaborating with BUCG to study the feasibility of establishing another large wastewater treatment system project in Chbar Morn City, Kampong Speu Province. This is according to the meeting of the Ministry of Public Works and all stakeholders on January 10, 2023. HE Ros Vanna, Secretary of State […]
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MPWT Urges Japan to Study the Feasibility of High-Speed Rail in Phnom Penh
A senior official of the Ministry of Public Works and Transport has urged the Japanese company NIPPON KOEI to study the feasibility of building a high-speed railway in Phnom Penh (Tramway). HE Toch Chankosal, Permanent Secretary of State of the Ministry of Public Works and Transport, raised the proposal during the meeting with Japanese experts […]
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Cambodia’s 2023 GDP Growth Forecast at 6%; Construction at 1.7%
Cambodia’s economic growth in 2023 is forecast at 6% despite high external challenges, according to a recent National Bank of Cambodia (NBC) report. The growth was largely supported by the rise of construction and real estate sectors, which are expected to continue to recover gradually at 1.7% and 1.2%, respectively due to the growing domestic […]
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Construction of New Rehabilitation Centre in Poipet over 33% Complete
Construction of the new Poipet Rehabilitation Center worth over US$2.3 million has been 33.18% completed. Secretary of State of the Ministry of Social Affairs, Veterans and Youth Rehabilitation HE Nhek Vannara provide an update on the progress during the site inspection on 10 January. The construction of the project started on 15 August and is […]
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Over 20,000 Firms Register Through MEF Single Portal System as of 2022
As of early January 2023, 20,809 companies registered their businesses with the Ministry of Economy and Finance Single Portal online system with a total investment capital of US$5.83 billion, according to an announcement by the ministry on 9 January. There were also 13,068 companies on the waiting list, the report added. The five business activities […]
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Cambodia Imports Approx US$360m of Iron & Steel in 2022
In 2022, Cambodia imported iron and steel worth over US$359.8 million, a year-on-year increase of 23.1%. Iron and steel are in the top 20 imported commodities list of the General Department of Customs and Excise issued on 10 January. The import of iron and steel accounts for 1.2% of the total import value of US$29.9 billion. […]
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Construction of Siem Reap Angkor International Airport 63% Complete
Construction of the new Siem Reap Angkor International Airport has been 63% completed by the end of 2022, while the developer is aiming for 90% completion by March this year. The progress of the project was mentioned in a meeting held on 9 January under the chairmanship of HE Tekreth Samrach, Minister Delegate Attached to […]
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Gov’t Confirms Continuation of “Water, Road, Electricity, People” Policy for Next 30 Years
Cambodia Prime Minister Samdech Hun Sen confirmed that the government would continue implementing the “water, roads, electricity, people” policy for the next 30 years. Speaking at the ground-breaking ceremony of National Road 7 on 9 January, PM Hun Sen said that infrastructure plays a major in the country’s development. (Read more) He said that he […]
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Expansion of NR7 Officially Begins
The project to expand and upgrade National Road 7 from Skun roundabout to downtown Kampong Cham officially began on 9 January under the auspices of Cambodia Prime Minister Samdech Hun Sen and Chinese Ambassador to Cambodia HE Wang Wentian. The road has a length of 45.48km from the Skun roundabout in Cheung Prey district to […]
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