Construction Focus
PM Embraces “Khmer Can Do It” Motto: Cambodia Puts Best Effort to Self-Finance Infrastructure Projects
Cambodia Prime Minister Samdech Hun Sen has proudly embraced the “Khmer Can Do It” slogan, stating Cambodia will put its best effort to self-finance and build its own infrastructure development projects if possible, aiming to reduce reliance on FDI or development partners. PM Hun Sen made the remarks during the site visit to various infrastructure […]
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Large-Scale Modernisation of Cambodia’s Port Control System Almost 100% Complete
As of 30 November, the development of the Electronic Data Interchange System or Port EDI system has reached almost 100% completion with only some technical works remaining. Secretary of State of the Ministry of Public Works and Transport HE Ros Vanna unveiled the progress during the monthly follow-up meeting yesterday. During the meeting, the working […]
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UNDP Pledges to Help Cambodia Raise More Funds for Clean Energy Projects
The United Nations Development Program (UNDP) in Cambodia has pledged to seek technical and financial assistance from other partners for the development of Cambodia’s energy sector, particularly on energy efficiency and climate change mitigation projects. The remarks were made by UNDP Cambodia Director Ms Alissar Chaker in a meeting with Minister of Mines and Energy […]
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Phnom Penh Governor Urges Establishing More Cancer Hospitals
Phnom Penh Governor HE Khuong Sreng has urged both the private and public sectors to build more modern specialised cancer hospitals and clinics while existing ones shall be equipped with updated technology to meet the rise in demand. HE Khuong Sreng made the remarks at the inauguration ceremony of Orange Cancer Clinic on Tuesday 30 […]
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MLVT: Surge in High-Rise Building Constructions Uplift Demand for Skilled Human Resources
The recent surge in high-rise building constructions in Cambodia has scaled up the demand for skilled human resources in the elevator business sector to a large extent, according to the Ministry of Labour and Vocational Training (MLVT). MLVT Secretary of State HE Pech Sophoan made this remark at the opening ceremony of the training course […]
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New Investment Law Indirectly Provides Tax Incentives for Construction Sector
Cambodia has recently officially endorsed the new investment law, which provides a wide range of favourable conditions, tax exemption, and non-tax incentives for qualified investment projects (IQP). What is IQP? Are construction companies/projects eligible for incentives? QIP refers to an investment project that has received a registration certificate from the Council for the Development of […]
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FDI in Cambodia at US$39 billion as of H1 2021; Real estate & Construction Contribute 15.9%
As of H1 of 2021, Cambodia received a total of US$39 billion in foreign direct investment (FDI), an increase of 9.6% compared to the same period last year, according to statistics released by the National Bank of Cambodia on 27 November. The real estate sector ranked third, accounting for 12.2% of total capital, equivalent to […]
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Cambodia-Thai Borders in Battambang & Banteay Meanchey Set to Open Soon
The Cambodian and Thai governments have agreed to open multiple land border checkpoints between Cambodia’s Battambang and Banteay Meanchey provinces and Thailand’s Sa Kaeo Province . The decision was made during a meeting on Thursday 25 November between Banteay Meanchey Governor HE Um Reatrey, Battambang Governor of HE Sok Lou, and Sa Kaeo Governor HE […]
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Construction of PP-SHV Expressway 70% Complete, Set to Finish Ahead of Schedule
Construction of the 190km Phnom Penh-Sihanoukville expressway is approximately 70% complete as of November 2021, according to the Ministry of Public Works and Transport (MPWT)’s spokesperson Heang Sotheayuth. Mr Sotheyuth added that the project is expected to be completed ahead of schedule, moving from 2023 to late 2022. Early this month, the Chinese company building […]
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France Mulls Setting Up Modern Drainage System in Battambang to Halt Flooding Issue
The French Agency for Development (AFD) is mulling conducting a feasibility study to establish a standardised drainage system in Battambang province, to halt the annual flooding stemming from the rise of the water level in the Sangke River. The plan was proposed by AFD Country Director to Cambodia Ms Bourhis Ophélie during the meeting with […]
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