Construction Focus
CamDX Soars: Construction & Real Estate Firms Propel Investment Beyond US$2 Billion Mark by November
The information technology nursery, CamDX, has emerged as the harbinger of prosperity, boasting over US$2 billion in investments from construction and real estate companies combined. As of 19 November 2023, Cam DX’s robust business registration system has recorded a substantial infusion of capital, with the construction sector leading at US$1.11 billion, closely followed by real […]
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Phnom Penh’s Majestic US$84.5M Marriott International Hotel Hits the Ground Running
Phnom Penh is set to elevate its hospitality landscape with the grand inauguration of the Marriott International Hotel, a luxurious five-star haven nestled in the heart of the capital, with a staggering investment of US$84.5 million. This architectural marvel, spearheaded by KHOU TOWER CO., LTD, under the visionary leadership of Okhna Leang Hy, officially commenced […]
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Japan’s Extends Over US$250K Grant Fuels Vital Projects in Prey Veng & Siem Reap
In a demonstration of unwavering friendship and commitment to fostering better living conditions, the Government of Japan has granted a sum of US$252,136 for two pivotal projects in Cambodia. This significant financial aid encompasses the construction of housing and equipment installations at the Prey Veng Provincial Rehabilitation Centre and the procurement of essential medical equipment […]
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PM Directs Ministry of Land Management to Prepare Comprehensive Master Plan for Cambodia’s New City
Prime Minister Samdech Hun Manet has called upon the Ministry of Land Management, Urban Planning, and Construction (MLMUPC) to meticulously prepare a Master Plan for an upcoming new city. The prime focus of this strategic initiative is twofold: ensuring clarity in public infrastructure development and implementing a well-defined zoning framework. During the inauguration ceremony of […]
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AI-powered, Blood-donation Room Monitoring Project Wins the 2023 Enactus Brazil and Bentley Systems iTwin4Good Challenge
EXTON, Pa. – Nov. 16, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, and Enactus Brazil, an international nonprofit organization, today announced the winner of the 2023 iTwin4Good Challenge, a competition where students combine their software development skills and passion for social action to solve problems in their communities using digital […]
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bp Selects AssetWise Lifecycle Information Management and AssetWise Reliability as Standard for Information Management and Asset Integrity
For an Enterprise-wide Approach to Asset Information Management in Parallel with Structural Integrity and Reliability Management EXTON, Pa. – Nov. 2, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that bp has selected Bentley’s AssetWise Asset Lifecycle Information Management (ALIM) and AssetWise Reliability (AR), part of Bentley Infrastructure Cloud, […]
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Siem Reap’s Soaring Aspirations: Cambodian PM Urges Chinese Investment for Multi-Purpose Development
In a visionary move to elevate Siem Reap province into a thriving multi-purpose development hub, Prime Minister Samdech Hun Manet extended a warm invitation to Chinese companies, encouraging them to expand their investments beyond the construction of the Siem Reap Angkor International Airport. The Prime Minister expressed this sentiment during a courtesy meeting with HE […]
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Gov’t Allocates US$60 Million for New Siem Reap Airport Access Road Expansion
In a strategic move to enhance connectivity and accommodate the growing demands of Siem Reap’s evolving infrastructure, Prime Minister Samdech Hun Manet announced a substantial investment of US$60 million in a road improvement project. The endeavor focuses on expanding the route from the newly inaugurated Siem Reap Angkor International Airport to Siem Reap City, covering […]
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Boosting Trade: Gov’t Announces Customs Duties Exemption for Goods Under US$1,000
Prime Minister Hun Manet declared the waiver of customs duties on both imports and exports valued at less than US$1,000. This pivotal announcement was unveiled during the 19th “Government-Private Sector” forum on 13 November 2023. The PM’s visionary decision not only streamlines trade processes but also signifies a significant reduction in the customs clearance fee. […]
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Phnom Penh’s Green Initiative: Gov’t Grants Free Licenses for Sewage Pumping Businesses
The Phnom Penh Municipal Authority has unveiled a proactive measure to regulate sewage pumping businesses in the city. According to an official instruction dated 10 November 2023, the authority mandates all operators involved in pumping, collecting, transporting, and discharging toilet sludge from manure storage tanks in Phnom Penh to acquire licenses for their operations at […]
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