Projects Development
Japan Provides More Grant Aid for Infrastructure Development in Cambodia
he Japanese government has agreed to provide approximately US$600,000 in grant aid to build infrastructure in Pailin, Kampong Thom and Svay Rieng provinces, after also providing around US$500,000 last week for other development projects in five provinces. The grant contracts were signed on 19 March between Japan Ambassador to Cambodia HE Mikami Masahiro, and the […]
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Gov’t Approves Seven Investment Projects Worth Over US$60 million
The Council for the Development of Cambodia (CDC) has officially approved private firms to invest in building six factories, and an aquaculture centre, worth a total budget of US$60 million in Takeo, Pursat, Svay Rieng, Kandal, Preah Sihanouk and Phnom Penh. The first investment permit has been granted to Yuan Shuo (Cambodia) Co., Ltd to […]
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Japan Provides Over 52 million Yen in Aid to Build Healthcare Facilities & Technical Equipment in Five Provinces
The Japanese government has agreed to provide over 52 million yen in aid (approximately US$ 480,000) to build healthcare facilities and some technical equipment in Mondulkiri, Preah Vihear, Siem Reap, Sihanoukville and Kampong Chhnang provinces. The grant contracts were signed yesterday between Japan Ambassador to Cambodia HE Mikami Masahiro, and the representatives of the five […]
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Several Streets in Tuol Kork Area Closed Temporarily for Flood Protection System Construction
The Department of Public Works and Transport of Phnom Penh has announced the closure of some sections along Street 608, Street 315, and Street 598 for 29 days from March 18 to April 15, 2021. The road closures are due to the construction of the new flood protection and sewage system, where the team is […]
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Private Firm Mulls Establishing New Cement Factory in Kampong Speu
A private firm is conducting a feasibility study to build a new cement factory in Kampong Speu province. If built, the factory will be the first one in Kampong Speu and the sixth one nationwide. Kampong Speu Governor Vei Samnang said yesterday that the project is proposed in response to increasing the demand construction sector. […]
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20 Investment Projects Proposed for Kampong Speu Province
At least twenty new investment projects, mostly clothes and footwear factories, have been proposed to be built in Kampong Speu province in 2021, according to Kampong Speu Provincial Governor Vei Samnang. Governor Samnang told Construction & Property Magazine today that the investors are currently proceeding with their plans, but some of which are being disrupted […]
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Real Estate Experts Share Key Investment Methods for Low and Middle-Income Earners
Real estate experts have urged low and middle-income earners to get more involved in the real estate market, claiming investing in real estate is not complicated as it sounds. Vice President of Cambodia Valuers and Estate Agents Association (CVEA) Man Chandy said investing in real estate does not always require huge capital. Even with an […]
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39MW Solar Power Plant in Banteay Meanchey Connected to National Grid
A 39-megawatt solar power plant in Banteay Meanchey province was recently connected to the national grid, according to PR Newswire on 10 March. The project was constructed by Chinese company Shanxi Electric Power Engineering, with JR Solar as the supplier of all solar modules. According to the same source, the plant is the largest renewable […]
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Cambodia, Laos, Vietnam Agree To Accelerate Three Major Cross-Border Infrastructure Projects
The prime ministers of Cambodia, Laos, and Vietnam have agreed to gather more resources from development partners to accelerate three major cross-border infrastructure development projects including the Phnom Penh-Ho Chi Minh railway, Hanoi- Vientiane expressway, and Vientiane–Vũng Áng railway. According to the virtual meeting between the three prime ministers on 10 March, the three nations […]
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US$4 billion Naga 3 Progressing, Set for Completion in 2025 Despite COVID-19 Crisis
Construction of the US$4 billion Naga 3 complex is progressing smoothly and is scheduled for completion in 2025 despite the COVD-19 crisis, according to NagaCorp’s report on 08 March. To date, construction is at the piling stage and being carried out by the Malaysian company Econpile. This firm has been engaged by Chinese firm MCCI […]
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