Construction Focus
MinebeaMitsumi to Invest Over US$320 Million in Expanding Operations in Cambodia and Thailand
Japanese electronics supplier MinebeaMitsumi has announced plans to invest 50 billion yen (US$321 million) to build a new factory in Cambodia and expand a solar power plant in Thailand. This report was published by NIKKEI ASIA on 10 May 2024. MinebeaMitsumi will allocate 32 billion yen (over US$205 million) to construct a new factory in […]
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China Commits Up to US$100 Million for Advanced Water Purification in Cambodia
Hainan Litree Purifying Technology Co., Ltd. from China has announced plans to invest between US$50-100 million in Cambodia’s water sector over the next three to five years, focusing on water purification products using UF membrane technology. This announcement was made during a meeting between Dr. Cai Yunlong, CEO of Hainan Litree Purifying Technology Co., Ltd., […]
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Japan Initiates Flood Risk Mitigation Project in Cambodia with Specialized Mapping
Japan’s Ministry of Land, Infrastructure, Transport, and Tourism has embarked on a significant initiative aimed at providing specialized flood risk maps to Cambodia, Indonesia, Thailand, and Vietnam by the year 2025. This endeavor seeks to equip these Southeast Asian nations with crucial tools to mitigate the risks associated with flooding and minimize water-related damages. The […]
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Indonesian President Inaugurates ASEAN’s Largest Digital Testing Center Worth US$61M
Indonesian President Joko Widodo has officially opened the $61 million Indonesia Digital Testing Center (IDTH), the largest and most advanced digital and telecommunications testing facility in Southeast Asia. The inauguration took place on May 7, 2024, as reported by Antaranews. President Jokowi emphasized the significance of IDTH as a pivotal institution showcasing Indonesia’s digital prowess […]
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Cambodia Attracts US$309 Million in Investments with 22 New Projects in April
In April 2024, Cambodia witnessed a surge in investment activity as the Council for the Development of Cambodia (CDC) greenlit 21 fresh investment ventures alongside one expansion project, collectively valued at an impressive US$309 million. This influx of investment is poised to generate approximately 23,000 employment opportunities, marking a significant boost to the country’s economic […]
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The Gov’t Implements Measures to Enhance Sub-National Expenditure Efficiency by 2024
In a bid to streamline fiscal management at the sub-national level, the Cambodian Ministry of Economy and Finance (MEF) has issued a pivotal circular on May 7, 2024. The directive mandates prudent budgetary practices across all sub-national administrations, emphasizing the need to curb unnecessary local development initiatives. Under the circular’s provisions, Capital-Provincial administrations are instructed […]
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Virak Buntham Unveils Ambitious Plan to Transform Koh Sneh Beach into Premier Tourist Destination
Virak Buntham, a prominent player in Cambodia’s tourism sector, has announced a significant investment in the development of Koh Sneh Beach, located in Khemarak Phoumin City, Koh Kong Province. The company aims to elevate the beach into the premier tourist destination in the province, unveiling plans for extensive resort development and recreational facilities. Neak Oknha […]
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A New Frontier for Conservation: US$520K Canal Project to Shield Techo Sen Russey Trep National Park
In a significant conservation effort, the Royal Academy of Cambodia unveiled plans on 5 May 2024 for the construction of a 52-kilometre-long canal to safeguard the expansive Techo Sen Russey Trep National Park. Spanning 6 meters in width and 2.5 meters in depth, this ambitious US$520,000 project aims to encircle and protect over 10,000 hectares […]
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49km of Kratie Province Roads Revitalization Hits Midway Mark: A 53% Completion in Infrastructure Enhancement
As of 8 May 2024, the Kratie Provincial Administration has reported a significant milestone in the enhancement of its transportation infrastructure, with the rehabilitation project of two main provincial roads reaching approximately 53% completion. Spanning nearly 49 km, Provincial Road No. 377 and Road 377A are undergoing extensive improvements to bolster the quality and maintenance […]
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Revitalizing Kampot: AZ Group to Invest Up to US$10M in International Tourist Port
AZ Builder, a subsidiary of the prominent Cambodian AZ GROUP, is set to invest between US$ 5 million and US$ 10 million in the rehabilitation of the Kampot International Tourist Port, a project that has faced delays since its inception in 2022. This strategic investment aims to rejuvenate the port, enhancing its accessibility for ships […]
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