Construction Focus
Neak Loeung Bridge to Open Early April 2015
Once it is opened to traffic in early April 2015, the new Neak Loeung Bridge will be Cambodia’s first cable-stayed bridge. It will also be the nation’s biggest and longest bridge and one of the finest modern bridges in the region.
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Korean-italian Jv Builds Hydro Plant in Indonesia
Korean and Italian firms will build a major new hydropower scheme in Indonesia, partly financed by the World Bank.
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National Road 4 Expanded
Since mid-2014, the kingdom’s most important economic route, National Road No. 4 which connects Phnom Penh to Sihanoukville sea port has been undergoing a large-scale expansion.
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Malaysia Seeks Power Plant Partners
Malaysia’s Toyo Ink Group Berhad is currently seeking partners for a $3.5 billion joint venture to develop the Song Hau 2 thermal power plant in South Vietnam, according to the country’s foreign investment agency report.
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Construction Driving Economic Growth
The construction sector is now the most dynamic driver of GDP growth according to The East Asia Pacific Economic Update that was published by the World Bank at the start of October.
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Dr. Sok Siphana Presents at Britcham
Members of the British Chamber of Commerce in Cambodia (BritCham) and the wider business community were last week given an exclusive opportunity to hear from Dr. Sok Siphana on the work he has undertaken in codifying Cambodia’s first Building Construction Law.
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Chinese Propose Elevated Expressway
Representatives from the Henan Provincial Communications Planning Survey and Design Institute (HPC) in China presented plans to the government for building a four-lane elevated expressway in Phnom Penh to relieve traffic congestion.
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Kampot to Have Own Tourist Terminal
Cambodia’s coastal zone will receive more tourist visitors after a tourist ferry terminal project financed by Asian Development Bank (ADB) goes on line by 2020.
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Building Investment Rise in 3rd Quarter
Investment on building and property industries grows almost 14 percent in the 3rd quarter 2015, said a report by Ministry of Land Management, Urban Planning and Construction.
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China to Finance Kingdom?s Giant Sport Complex
The Chinese government will finance the completion of the Kingdom’s mega sports complex Morodok Techo National Sport Complex, said an official at the National Olympic Committee of Cambodia (NOCC).
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