Projects Development
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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Construction Agreements Signed for US$5.8 billion Thailand-China High-Speed Rail Project
Photo from Bangkokpost The Thai government and Chinese private firms signed three civil engineering contracts on Monday 29 March for the first phase of the US$5.8 billion high-speed rail project between Bangkok and Nong Khai, marking another step forward for this massive China-Thailand connectivity masterplan. According to the Bangkok Post, the first phase of the […]
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Transport Ministry to Upgrade Dong Tong River Port in Koh Kong Province
The Ministry of Public Works and Transport has unveiled a project to upgrade an existing port on the Dong Tong River in Koh Kong province to facilitate waterway transportation for fishing boats and tourism cruise ships. To date, the port upgrade proposal has already been submitted to the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) for […]
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Three Communes Extracted from Kampot Province to Form New Bokor City
The government has decided to take three communes from Tuek Chhou district in Kampot province to form a new Bokor City’ according to a sub-decree issued on 16 March. The three communes include Boeng Tuk, Koh Toch, and Prek Tnout communes, which will be converted into Sangkats. Meanwhile, according to the sub-decree, the administration of […]
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Private Firm Unveils Study on Mondulkiri Airport Project
The responsible company this morning presented a brief feasibility study report on the new Mondulkiri Airport to the State Secretariat of Civil Aviation for consideration, marking another step forward for this US$60-million project. The meeting was chaired by the Secretariat of Civil Aviation HE Mao Havannal and attended by company representatives as well as consultants. […]
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Thai Gov’t to Unveil ‘Land Bridge’ Locations by June
The Thai government will unveil the locations of its planned ‘land bridge’ project, a possible replacement of the long-mulled Kra Canal, in June this year, according to Transport Minister Saksayam Chidchob. The project has been studied since September last year with an approved budget of 68 million baht (US$2.2 million). The studies include an environmental […]
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CDC Approves Five Investment Projects Worth Over US$1.3 billion
The Council for the Development of Cambodia (CDC) has officially approved private firms to invest in building five factories, worth a total budget of approximately US$1.3 billion in Phnom Penh, Preah Sihanouk and Svay Rieng provinces. The first investment permit has been granted to Island Laboratoire Co., Ltd to invest US$6.3 million in building a […]
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ADB Solid Waste Management Project in Kep 75% Complete, Operational by October 2021
The 8-hectare landfill, or solid waste management, project in Kep province is now 75% complete and scheduled to finish by October this year. Construction site manager Tith Tikea said that the project is located in Sangkat Prey Thom, Kep city and is being constructed with financial aid from the Asian Development Bank (ADB). “Phase 1 […]
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