Projects Development
Koh Kong Airport Feasibility Study by LYP Group and Bangkok Airways paused due to COVID-19
The feasibility study to construct a new airport in Mondul Seima district of Koh Kong province, being undertaken by LYP Group and Bangkok Airways, has been paused due to COVID-19 pandemic. State Secretariat of Civil Aviation’s spokesman Sin Chansereyvutha said the government granted the investment project to the firm. However, the study has been paused […]
Read More
Basic Construction Material Imports Drop as Some Large Development Projects on Hold
As of September 2020, steel and cement imports continued to sharply decline, contracting by 41.4% and 38.1% year-on-year, respectively. This drop is because some large development projects, especially high-rise commercial and residential buildings, were put on hold, according to a recent report by the World Bank. The report entitled Cambodia Economic Update: Restrained Recovery published […]
Read More
Cambodia Public Debt at US$7.9 billion as of Mid-2020; Infrastructure Development Largest Contributor
As of June 2020, Cambodia had a total of US$7.9 billion in public debt, of which 87% was used for physical infrastructure development, according to a World Bank report released in November 2020. Of all foreign loans, China accounted for the largest percentage with a total outstanding debt of US$3.7 billion, or equivalent to 46.8% […]
Read More
Ministry Approves KrisEnergy’s Oil Production Deadline Extension to April Next Year
The Ministry of Mines and Energy has approved KrisEnergy’s request to extend the deadline of oil production to April 2021, even though the company failed to extract oil many times since mid-2020. HE Cheap Sour, Director-General of Petroleum of the Ministry of Mines and Energy, said that the measures for the failure to extract oil […]
Read More
Malaysia Firm Obtains Piling and Substructure Works for Entertainment Complex in Phnom Penh
Malaysian firm Econpile Holdings Berhad announced on 14 December that it has obtained an US$85.7-million piling and substructure subcontract for a large Integrated Entertainment Complex project in Phnom Penh. The company’s announcement does not specify the name of the Integrated Entertainment Complex project. However, Econpile confirms that it has received the subcontract from MCC International […]
Read More
Expert: Major Infrastructure Projects in 2021 to Focus on Green Development
Giant developer firms such as Vinci, Ferrovial, and ACS next year will shift their focuses to sustainable development by building more green infrastructure and renewable energy projects. According to an analysis by Fitch Solutions published on the Global Construction Review website on 14 December, this shift aims to follow the country’s goals to reduce CO2 […]
Read More
75 Tunnels Completed on Laos-China Railway
The final of 75 tunnels on the 414km Laos-China mega-rail project has been completed according to contractor Laos-China Railway Company (LCRC). The final section was completed on 29 September with the Xiang Ngeun Number 3 Tunnel in Luang Prabang Province. One of the largest engineering projects in the region, it required construction of 75 tunnels […]
Read More
Five Hectares of Land in Boeung Kanseng Lake in Rattanakiri to Become Multi-Purpose Development
Ratanakkiri Governor Thon Saron recently led an official group to inspect and access impacts of the 5-hectare Boeung Kanseng Infrastructure Development Project in Banlung district, Ratanakkiri province. During the inspection on 14 December, HE Saron said that the 45 families affected by this project have already agreed to voluntarily remove their stalls from the sidewalk […]
Read More
Feasibility Study for Mondulkiri Airport to be Complete Early Next Year
The feasibility study for Mondulkiri airport is set to be complete early next year, a step towards connecting the northeastern provinces with other provinces in the country. Spokesman of the State Secretariat of Civil Aviation (SSCA) Sin Chanserivutha said the study mainly is focusing on the social and environmental impacts at this stage. “Besides the […]
Read More
Gov’t Mulls Building Railway Connecting Phnom Penh City Centre to New Airport in Kandal
The Ministry of Public Works and Transport plans to construct a railway linking Phnom Penh city centre to the new Phnom Penh international airport in Kandal province to help ease travel after the airport’s completion in 2023. Under-Secretary of States of Ministry of Public Works and Transport HE Ly Borin told Construction & Property Magazine […]
Read More