Bentley Systems Announces Winners of the 2024 Going Digital Awards
The company also recognises select projects with Founders’ Honors for advancing infrastructure VANCOUVER (Bentley Systems’ Year in Infrastructure 2024), October 9, 2024 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the winners of the 2024 Going Digital Awards. The annual awards honour the extraordinary work of infrastructure professionals and their […]
Australia Invests USD 65 Million to Enhance Cambodia’s Economic Growth through CAPED Program
The Australian Government has committed approximately AUD$87 million (USD 65 million) in new grant funding to the Cambodia-Australia Partnership for Sustainable Economic Development (CAPED) program, aiming to bolster Cambodia’s economic resilience and growth. The announcement was made through a press release from the Ministry of Economy and Finance on 17 October 2024. The CAPED program […]
Cambodian Gov’t Reduces 2025 Budget to USD 9.32 Billion Amid Strategic Economic Planning
The Cambodian government has approved a 2025 budget bill totalling approximately 37.95 trillion riels (USD 9.32 billion), marking a reduction from the 38.83 trillion riels (USD 9.54 billion) allocated for 2024. The budget cut comes as part of a strategic approach to economic planning and was endorsed during a cabinet meeting chaired by PM Samdech […]
Chinese Company Eyes Expansion of SEZ Investments Upon the Completion of the New Takhmao Techo Airport
Shanghai Geoharbour Group has announced plans to broaden its investment portfolio in Cambodia, with a focus on developing additional special economic zones (SEZs) alongside constructing the Takhmao Techo International Airport. The initiative was discussed in a meeting on 21 October 2024, where the company’s delegation met with HE Sun Chanthol, the Deputy Prime Minister and […]
PM Celebrates Inauguration of USD 62 Million Dam Rehabilitation Projects in Mondulkiri
Three major dam rehabilitation projects in Mondulkiri, the Otethipadi, Sen Sokdom, and Sen Monorom dams, have officially been inaugurated, representing a USD 62 million investment aimed at transforming the province’s water infrastructure. The inauguration ceremony, presided over by PM Hun Manet, marked a significant step towards improving local livelihoods, with the projects set to supply […]
Bokor Mountain Cable Car Project Under Study by Sokimex, Doppelmayr, and Confluences
Sokimex Investment Group (SIG) has granted permission for Doppelmayr and Confluences to explore the feasibility of a cable car system on Bokor Mountain in Kampot Province, aiming to boost tourism and economic growth. This announcement was shared on the official Facebook page of SIG on 21 October 2024, confirming the companies’ involvement in assessing the […]