Projects Development
Over 50 Private Firms Show Interest in Cambodia’s Infrastructure Investment
More than 50 national and international companies have recently expressed interest in investing in Cambodia’s infrastructure, according to an online meeting between the Ministry of Public Works and Transport (MPWT) and those firms on 07 April. MPWT Minister HE Sun Chanthol, in response, fully supported and welcomed all investments related to infrastructure. The minister has […]
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Special Features Making PP-SHV Expressway a Green Development Project
Xinhua Net has recently reported that the under-construction US$2 billion Phnom Penh-Sihanoukville Expressway could become one of the greenest infrastructure projects in Cambodia due to three special features. 1. Eco-friendly Technology At the quarry site, the company installed dust collectors to suck out the dust and store it in a sewage sedimentation tank. After the […]
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Gov’t Approves Two Investment Projects Worth Over US$12 Million in Kandal and Sihanoukville
The Council for the Development of Cambodia (CDC) has officially approved private firms to invest in building two factories, worth a total budget of approximately US$12.6 million in Kandal and Sihanoukville. The first investment permit has been granted to MCBAG Co., Ltd to invest US$3.5 million in building a bag production factory in Bek Chan […]
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WorldBridge Sport Village Project Launched, Set for Completion in 2023
Sales for a large-scale commercial building and residential project “WorldBridge Sport Village” have officially been opened, while construction is set for completion by 2023 when Cambodia hosts the SEA games. The project is spread over 6 hectares next to Morodok Techo Stadium north of Phnom Penh, or in the so-called Samdech Techo Hun Sen Dragon […]
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Vietnam Plans to Build Over 9,000km of Expressways by 2050
Vietnam’s Transport Minister Nguyen Van The has said the nation is striving to build a total of 5,000km of expressways by 2030 and over 9,000km by 2050, according to Vietnam Plus. The ministry’s report issued last month revealed that Vietnam currently has a total of 1,046km of expressways in operation. The ministry is also currently […]
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Malaysia Compensates Singapore US$76million After Cancelling KL-Singapore HSR
Malaysia has compensated Singapore over US$76 million after terminating the KL-Singapore High-Speed Railway (HSR) project, according to CNA on 29 March. The project was officially abandoned in early January 2021 due to disagreements between the two governments, especially over high costs and Malaysia’s political issues. (Read more) However, Singapore had already signed and published five […]
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Century Entertainment Hopes to Open Large Koh Kong Casino by late April After Delays
Hong Kong-based casino operator Century Entertainment International Holdings Ltd hopes to open its casino at a new venue in Dara Sakor district in Koh Kong province by late April after delays due to the COVID-19 pandemic, reported IAG. According to the initial plan, the casino was set to open start operations by February after finishing […]
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Apsara Field’s Oil Production Lower Than Expectation, Affecting Firm’s Restructuring Plans
The oil production from five wells in Cambodia’s Apsara Field is lower than expected, providing less revenue and affecting the firm’s restructuring plan, according to a KrisEnergy announcement on 31 March. KrisEnergy said in the announcement that it is evaluating and revising plans to make sure oil production hits the target. The Apsara oil field […]
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Construction of Mondulkiri Airport Moved to 2023, Prelim Study Completed
Construction of the Mondulkiri airport is expected to begin in 2023 as the investment firm will take at least one full year to conduct a comprehensive study on the recently-completed preliminary study, according to the State Secretariat of Civil Aviation (SSCA)’s spokesman. SSCA spokesman Sin Chansereyvutha said this morning that although the preliminary report has […]
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Rehabilitation of 29 Flood-Damaged Phnom Penh Roads Over 50% complete
The rehabilitation of 29 flood-damaged roads across Phnom Penh is now over 50% complete, of which 16 of them have successfully been repaired and repaved. According to the Phnom Penh Municipality, as of March 28, the working group had completed paving many roads around the ‘Gun’ roundabout (Old Stadium). The team is now paving Street […]
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