Construction Focus
First Chinese ‘Electric Flying Car’ Takes Off in Dubai
An “electric flying car” built by Chinese firm Xpeng Inc took off for the first time in the United Arab Emirates on 11 October with the plan to expand the product to international markets. According to Reuters, the flying car is called X2, which is a two-seater electric vertical take-off and landing (eVTOL) aircraft. X2 […]
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Kampot to Build New 2,000m Beachfront Public Park in Tuek Chhou District
Kampot Provincial Governor HE Mao Thanin unveiled a project to build a new beachfront public park, stretching over 2,000 meters long at Kampong Bay canal in Teuk Chhou district. HE Mao Thanin said during the site inspection on 18 October that the Kampot Provincial Administration has been studying the project, which is a new achievement […]
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Construction of New Road Connecting NR4 to Bokor Mountain 55% Complete
The construction of the new road connecting Bokor National Park to National Road 4 is 55.55% complete, or equal to the completion of 15km, according to the inspection by Oknha Sok Kong recently. This project was built with the support of two well-known tycoons, Oknha Sok Kong and Okhna Mong Reththy. This road is 27 […]
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Cambodia to Increase Clean Energy Mix by 35% in 2050
Cambodia has vowed to increase its clean energy mix by 25% by 2030 and 35% by 2050 while also adopting a long-term carbon-neutral strategy. HE Van Monineath, Director General of the General Department of Policy and Strategy of the Ministry of Environment, gave the statement in a roundtable discussion on the “Pathway for Sustainable Energy […]
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AEON Mall 3 Set to Open Soon
The under-construction AEON Mall 3 located in the southern part of Phnom Penh is expected to open soon, as construction is reaching 100% completion. The firm has not officially announced the opening date but has begun hiring staff with urgent status on the recruitment document. Located in Chak Angre commune, Meanchey district, this project is […]
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Two Investment Projects Worth US$11.3m Approved for K.Speu, and Kandal province
The Council for the Development of Cambodia (CDC) has decided to issue a registration certificate for eight investment projects with a total capital of US$ 11.3m to establish two factories in Kampong Speu and Kandal province. These private companies include: The first firm is J-STAR GARMENT (CAMBODIA) CO., LTD, which will invest US$5.8 to establish […]
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MPWT Vows to Complete Study on New Waterway Connecting PP-Kampot in Early 2023
The Ministry of Public Works and Transport (MPWT) has pledged to complete the feasibility study on a new waterway connecting Phnom Penh to Kampot through Tonle Bassac by 2023. MPWT Minister HE Sun Chanthol said on 14 October that the Tonle Bassac Navigation and Logistics Study Project is under review and discussion with the China […]
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Vietnam, Cambodia Speeds Up Study on Railway Connecting Phnom Penh & Ho Chi Minh
Vietnam has urged Cambodia to speed up the feasibility study of a direct railway connecting Phnom Penh and Ho Chi Minh City. The discussion on this project was raised during the meeting between MPWT Minister HE Sun Chanthol and Vietnam Ambassador to Cambodia HE Nguyen Huy Thang on 12 October. The meeting was held to […]
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Techo International Airport Construction 40% Complete While Five Banks Invest US$23m
The construction of Techo International Airport (TIA) is now 40% complete as of October as the work is scheduled to finish in 2024. The Cambodia Airports Investment Corporation (CAIC) updated the construction process at the signing ceremony of TIA guaranteed bond investments on 14 October. (Read more) Cambodia Airports Investment Corporation (CAIC) is a joint […]
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Five Banks Invest US$23m in Guaranteed Bonds for New Phnom Penh Airport
Five commercial banks have signed agreements with Cambodia Airport Investment Co., Ltd (CAIC) investing over US$23 million in guaranteed bonds to support the development of Techo International Airport. The five banks include Cathay United Bank (CUBC), First Commercial Bank (FCB), Mega International Commercial Bank (Mega ICBC), Taiwan Cooperative Bank (TCB), and Union Commercial Bank (UCB, […]
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