Construction Focus
World Bank Forecasts Cambodia’s Economic Growth to Remain at 4.5% for 2022
The World Bank has forecast that economic growth in Cambodia will remain at 4.5% this year, unchanged from projections made in January this year, citing that the growth is forecast to accelerate to 5.8% in 2023. For this year, the outlook for Cambodia was unchanged from projections in January, the World Bank said in a […]
Read More
Gov’t Approves Four Projects Worth Over US$15 million
The Council for the Development of Cambodia (CDC) has approved the investment of US$15.8 million by private companies to establish four new factories in Kandal, Kampong Speu, and Takeo provinces. According to the investment proposal of the companies, the Investment Committee of CDC decided to issue investment project registration certificates to the following companies: The […]
Read More
MME Announces Recruitment of Consultants for Monitoring Construction of 60-MW Solar Project in Kampong Chhnang
The Ministry of Mine and Energy (MME) has announced a plan to recruit independent engineering companies (Consultants) to monitor and inspect the 60-MW solar project located in Kampong Chhnang province, according to Invitation Letter No.1497 on 08 June 2022. Any interested company can contact to General Department of Energy of MME and must submit its […]
Read More
Expressway Postponed to September as Construction 93% Complete
The opening of Cambodia’s first expressway project between Phnom Penh and Sihanoukville has been postponed from July to September, with 93% of construction completed by the first week of June. The Ministry of Public Works and Transport asked the company to speed up construction work to ensure that future pilot projects meet the plan. BTV […]
Read More
China Provides Assistance to Upgrade Ream Navy Base
China has provided assistance for the upgrade of the Ream Navy Base in Preah Sihanouk province contributing to the modernisation of the Cambodian Navy. The ground-breaking ceremony was held on 08 June under the auspices of Samdech Pichey Sena Tea Banh, Deputy Prime Minister and Minister of National Defence, and Mr Wang Wentain, Chinese Ambassador […]
Read More
Cambodia-Australia officially announces New Regulations on Health and Safety for construction sites
New regulations on health and safety at construction sites have been officially announced to save lives at construction sites. These regulations have been announced on 7 June 2022 under HE Leang Monirith, Secretary of State of the Ministry of Land Management, Urban Planning and Construction and Mr Robin Flint, First Secretary of the Australian Embassy […]
Read More
NBC, National Institute of Statistics Oofficially Launches Residential Property Price Index
The National Bank of Cambodia and the National Institute of Statistics of the Ministry of Planning have officially launched the Residential Property Price Index, which is measure and determines specific real estate and construction appraisals as a basis for banking institutions to avoid risks. The launching ceremony of the Residential Property Price Index was held […]
Read More
Cambodia, World Bank Discusses Strategy to Reduce Logistics Costs in Cambodia
The Ministry of Economic and Finance and the World Bank discussed developing strategies to reduce logistics costs and create a more efficient transportation and logistics system in Cambodia. The discussion took place in a meeting between HE Vongsey Visoth, Minister Delegate to the Prime Minister and Secretary of State for the Ministry of Economy and […]
Read More
Royal Government Creates Special Working Group to Study National Building Technical Regulations
The royal government of Cambodia has created the National Council for Building Technical Regulations to study and develop effective and sustainable regulations in accordance with article 11 of the Law on Construction. Created by Sub-decree 103 dated 31 May 2022, the national council has 26 representatives of relevant ministries/institutions and the private sector as members, […]
Read More
SIA to reopen Changi Airport lounges after completion of $50m upgrade
Travellers with lounge access can now enjoy a more comfortable journey when passing through Changi Airport, another step towards normality for air travel. Singapore Airlines (SIA) said it would fully reopen its two lounges at Changi Airport Terminal 3 at 6 pm on Tuesday (May 31), following a $50 million upgrading project that started in […]
Read More