Construction Focus
New Government Allocates US$100M to Boost Agriculture, Focuses on Irrigation Enhancement
In a resolute move to bolster Cambodia’s agricultural sector, the newly formed government has earmarked a substantial budget of US$100 million. This strategic allocation, unveiled by PM Hun Manet during a gathering with 18,000 factory workers from 13 establishments in Phnom Penh’s Por Sen Chey district on the morning of 29 August 2023, underscores the […]
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New LMUPC Minister Urges Establishment of Job-Creation Factory in Run Ta Ek Natural Village
HE Say Sam Al, Deputy Prime Minister and Minister of Land Management, Urban Planning, and Construction, has called for the establishment of a factory within the Run Ta Ek Natural Village development area. This initiative, shared during his visit to inspect infrastructure progress in Siem Reap’s Banteay Srei district on 26 August 2023, seeks to […]
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CDC Approves 12 New Projects Worth US$167.9m to Build 5-Star Hotel & New Factories in Six Provinces
The Board of Investment of Cambodia, operating under the CDC, has given the green light to a number of companies to establish a five-star hotel in the heart of Phnom Penh and to set up a series of expansive factories across the nation, strategic investments totaling US$167.9 million. This surge in investment is poised to […]
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Chinese Firm to Build US$258m Cement Plant in Kampong Speu Province
Chinese company CONCH KT CEMENT (PHNOM PENH) COMPANY LIMITED has been granted a registration certificate from the Council for the Development of Cambodia (CDC), underscoring an audacious US$258 million investment in a cement manufacturing facility nestled in the Oral district in Kampong Speu province. The validation was confirmed by an official announcement by CDC on […]
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Elon Musk’s Hyperloop Vision: Revolutionizing Travel Faster Than Sound in Next Decade
In a groundbreaking leap towards revolutionising transportation, Elon Musk’s hyperloop concept is hurtling closer to reality. With a triumphant human test ride successfully conducted in November 2020, the horizon for its realisation could be less than a decade away, according to BusinessInsider on 23 July 2023. The genesis of the hyperloop’s popularity traces back to […]
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Cambodia’s Exports Surpass US$4.5bn in First Seven Months of 2023
Cambodia’s exports to fellow ASEAN Member States (RCEP) have surged impressively, crossing the remarkable threshold of US$4.59 billion during the initial seven months of 2023. This remarkable upswing, reflecting a robust 21% increase from the analogous period in 2022, was eloquently underscored by HE Pan Sorasak, Minister of Commerce. He shared this pivotal insight during […]
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15 Indian Tech Companies Seek Collaborative Ventures in Cambodia’s Thriving Market
In a bold move towards global cooperation, 15 leading technology enterprises from India are actively pursuing investment partnerships with their Cambodian counterparts. The much-anticipated event organised Embassy of India in Cambodia took place on 24 August 2023. Representing a comprehensive spectrum of technological prowess, the Indian contingent comprises visionary entities specializing in artificial intelligence, learning […]
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Battambang Authorities Embark on 5,000m Canal Restoration Project to Mitigate Urban Flooding
In an ambitious bid to tackle urban flooding, the Battambang provincial authorities have unveiled a visionary plan to rejuvenate the Kampong Seima canal. Stretching over an impressive 5,000 meters, this significant waterway will undergo a transformation, complemented by the construction of 2-meter-wide box drains. The project, announced during a pivotal meeting on 21 August 2023, […]
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US$3bn Buddhist Peace Culture Centre to be Built in Siem Reap
An awe-inspiring project that embraces serenity, spirituality, and global unity is set to grace the vibrant landscapes of Siem Reap province in December this year. Spanning an expansive 288 hectares with an estimated budget of approximately US$200 million, augmented by ancillary infrastructure investments reaching a sum of US$3 billion, the Buddhist Peace Culture Centre’s inception […]
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Charting a Transit Revolution: Siem Reap’s Light Rail Dream Gains Feasibility Study Momentum
The grand vision of introducing a modern light rail system to Siem Reap inches closer to reality as the project advances into the crucial phase of data collection and impact assessment. A consultative meeting held on 23 August 2023, between Siem Reap provincial authorities and China Metro, a Chinese infrastructure company, marked another milestone in […]
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