Projects Development
New Battambang Solar Power Station Over 90% Complete Receives Additional US$45-million in Funding
Chinese firm Risen Energy has injected an additional US$45-million funding into the new 73-megawatt Battambang power plant project, while the construction of the plant is over 90% complete. Risen Energy has received this additional funding in form of debt from DEG and ICCF (The Interact Climate Change Facility, the European Investment Bank, and eleven European […]
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Two Private Firms Approved to Mine Over 20,000 hectares in Tbong Khmum and Ratanakkiri
On 21 December, the Ministry of Mines and Energy issued licenses for two private firms to continue their mining activities on over 20,000 hectares in Tbong Khmum and Ratanakkiri provinces. The first company is Renaissance Minerals (Cambodia) Limited, who got permission to mine within the area of 107.1 square kilometres in Memot district of Tbong […]
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PM Hun Sen to Inaugurate New MPWT Headquarters in January
The new Ministry of Public Works and Transport (MPWT) building is scheduled to be officially inaugurated on 22 January 2021 under the presidency of Prime Minister Samdech Hun Sen, according to MPWT Minister HE Sun Chanthol. The minister revealed the details about inauguration during a video-call weekly meeting on 23 December. “The objective of the […]
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S. Korea Mulls Transforming Former Pailin War Zone Into New Development Area
The South Korean government through the Korea International Cooperation Agency (KOICA) is considering transforming a former war zone in Pailin province into a new development area, according to the Pailin Provincial Administration. In a meeting with the Pailin officials on the morning of 23 December, KOICA representative Ro Hun Chun said that the project is […]
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New Siem Reap International Airport 35% Complete, On Schedule
As of 23 December, construction of the new Siem Reap Angkor International Airport (AIAI) is 35% complete and expected to finish in March 2023 as scheduled. According to the site inspection by State Secretariat of Civil Aviation (SSCA) HE Mao Havannall on 23 December, construction on the airport is proceeding smoothly despite the pandemic. During […]
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Plan floated for Island Mosaic in Penang, Malaysia
A team of Danish and Malaysian architects and engineers has won a competition to design a masterplan for a 1,800-hectare artificial island development on Penang in the Malaccan strait in Malaysia. The BiodiverCity project will feature villages for 16,000 residents along 25km of waterfront, 4.6km of public beaches and 240ha of parks. Homes will be […]
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Another housing project to rise along 60-meter road South of Phnom Penh
A new housing project—THE RESIDENCE—will be officially launched on December 23, marking another step forward in transforming Southern Phnom Penh to become a new residential and commercial hub. Spreading on over 88,000 square meters of land, THE RESIDENCE project consists of 574 houses with four types. This project is located in potential location along the […]
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Neak Oknha Pung Kheav Se Welcomes All Construction Firms Interested in OCIC Projects
OCIC and CCA Chairman Neak Oknha Pung Kheav Se has said that his firm welcomes all construction companies who wish to take part in any OCIC development projects. “We are open and welcome any firms who want to work with us, for example, the landfilling [reclamation] work at the new Phnom Penh Airport and Koh […]
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Construction of the US$2-million Cambodia-Thailand Commercial Route Almost Complete
The US$2-million commercial road connecting Trat province of Thailand to Veal Veng district of Pursat province is 90% complete and is scheduled to be completed ahead of schedule. According to the Pursat provincial administration on 20 December, the Thai government has spent almost US$2 million to build this road linking the two countries. The road […]
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OCIC to Invest Over US$600 million in Infrastructure Development Next Year
The Overseas Cambodia Investment Corporation (OCIC) has invested approximately US$300 million to develop many massive projects this year, as the firm also plans to invest at least US$600 million more in 2021. OCIC’s chairman Neak Oknha Pung Kheav Se told Construction & Property Magazine on 19 December that the firm has invested around US$70 million […]
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