Construction Focus
Cambodia Needs US$17 Billion for General Industrial Development Until 2024
The Cambodian government needs some US$17.5 billion to invest in the “general industrial sector” for 2022-2024, according to a report on the Three Year Rolling Public Investment Program 2022-2024 from the Ministry of Planning. Broken down by years, the general industrial sector will demand US$5.3 billion in capital investment in 2022, US$5.9 billion in 2023, […]
Read MoreFTB Breaks Ground on New US$112 million Headquarters “FTB Tower”
Foreign Trade Bank of Cambodia (FTB) in collaboration with MSNH Investment Co., Ltd (MSNH) has announced the start of construction on its new headquarters named “FTB Tower”. The groundbreaking ceremony was held on 22 April and presided over by HE Chea Sophara, Deputy Prime Minister and Minister of Land Management, Urban Planning and Construction. With […]
Read MoreFeasibility Study on Upgrading Railways to High-Speed Finished in Three Months
The feasibility study for upgrading two existing railways— Phnom Penh-Poipet and Phnom Penh-Sihanoukville— to high-speed lines is set to be completed in the next three months, according to the Ministry of Public Works and Transport (MPWT). MPWT Minister HE Sun Chanthol updated the study progress of this project during an online meeting with his Thai […]
Read MoreNew US$8.6 Million Investment Project Approved for Pou Senchey District
The Council for the Development of Cambodia (CDC) has given a permit to QMDJ (CAMBODIA) CO., LTD to invest US$8.6 million in building a garment factory in Phnom Penh’s Pou Senchey district. According to a CDC announcement on 21 April, the new investment will help create approximately 500 jobs for locals. In the first two […]
Read MorePM: Infrastructure One Among Six Boosters Behind Cambodia’s Economic Recovery
Cambodian Prime Minister Samdech Hun Sen said that the well-connected infrastructure across the country is one of the other six main drivers of economic recovery and the success of the Khmer New Year celebration. During the new Phnom Penh flood prevention system inauguration ceremony on 20 April, PM Hun Sen said the six factors behind […]
Read MoreCambodian Gov’t Shifts Focus to Climate Resilient Infrastructure Development
The Ministry of Public Works and Transport (MPWT) has unveiled three action plans to reduce risks and disasters in the transportation sector through the quality improvement of infrastructure development. MPWT Secretary of State HE Chuon Vin said during the progress follow-up meeting on Tuesday 19 April that one of the most important actions is to […]
Read MoreNew Concrete Bridge Connecting Pak Klang & Koh Yor in Koh Kong Planned
The government has decided to build a new concrete bridge connecting Pak Klang commune to Kor Yor in Koh Kong province, replacing the old steel bridge to facilitate the travel of people and tourists. Prime Minister Samdech Hun Sen unveiled the project during the inauguration of a new flood protection system Phnom Penh on Wednesday […]
Read MoreUS$34-million Japan-Funded Flood Protection & Drainage System Inaugurated
A US$36-million Japan-funded flood protection and drainage system phase 4 in Phnom Penh has been officially inaugurated, playing a vital role in urban development in the capital. The inauguration ceremony was held on 20 April under the presidency of Samdech Prime Minister Hun Sen. The project took 36 months to be constructed, starting from December […]
Read MoreCambodia, Japan Inaugurate Multiple Education Facilities in Battambang
Multiple infrastructure and facilities within the Battambang Provincial Teacher Education College have recently been inaugurated under the presidency of Education Minister HE Hang Chuon Naron and Japan Embassy representative Karimata Atsushi. Those facilities include an administration building with 2 floors and 29 rooms, a teaching building with 3 floors and 30 classrooms, an IT & […]
Read MoreNon-SEZ Investment Value at US2-billion in First two months of 2022, Over 230% Rise Y-o-Y
The number of investment projects based outside special economic zones (SEZ) that were registered with the Council for the Development of Cambodia (CDC) in the first two months of 2022 was recorded at 35 projects with a total investment of value of approximately US$2 billion. According to a recent Ministry of Economy and Finance report, […]
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