Projects Development
54-meter-tall statue of Hindu holy shrine to be constructed near Angkor Wat
Well-known Indian visionary and spiritual leader has announced the construction of a 180-feet-tall statue (about 54 meters) of Hindu holy shrine near the tourist attraction of Angkor Wat, Siem Reap, according to the India Times. This statue of Lord Shiva will be the fifth shrines of Hindu religion’s chaar dham pilgrimage that will cost around […]
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New Phnom Penh airport construction set to finish ahead of 2023 ASEAN Summit
The construction of the new Phnom Penh International Airport, located in Kandal and Takeo provinces, is scheduled to be completed ahead of the 2023 ASEAN Summit, which will be held in Cambodia. Okhna Pung Kheav Se, Chairman of OCIC, the company invests in the construction of the new airport, said that the construction work is […]
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OCIC Developing “Second Diamond Island” on Koh Norea Area
Overseas Cambodia Investment Corporation (OCIC) is developing a new satellite city, known as the second Koh Pich or Diamond Island in the Koh Norea area. OCIC Chairman Okhna Pung Kheav Se said that the company is filling the area with sand on the Koh Norea area in Chbar Ampov district adjacent to Koh Pich island […]
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Japan Provides US$22 Million on Cambodia’s Clean Water Project
The Japanese government through the Japanese embassy to Cambodia has decided to provide US$22 million in aid to Cambodia for the implementation of the project for the expansion of the water supply system in Pursat province. The money will be used to build a water treatment plant and a clean water supply system in the […]
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Thai Firm Invests in 30MW Solar Project in Banteay Meanchey
Ministry of Mines and Energy is checking the legal procedure on a share purchase agreement of a 30 MW solar project in Banteay Meanchey province. The checking has been made after Thai firm B.Grimm entered into a share purchase agreement to acquire all shares in Ray Power Supply Co., Ltd, with the total share value […]
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135 MW coal-fired power plant in Stung Hav to come online this December
A coal-fired power plant in Stung Hav with the capacity to produce 135 MW is scheduled to start operating this December. The power generated from the plant will play an important part in solving the current power shortage. A senior government official in charge of the power sector said that the plant is the result […]
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At least 3 die, dozens injured in collapsed pagoda in Siem Reap
A pagoda temple building under construction in Siem Reap city collapsed on Monday 2 December, injuring about 20 workers. Local authorities said that the building collapsed in Prasat Kokchak pagoda in Koukchak commune at about 2pm today. At least three people were found dead in the collapsed pagoda building, police said. The victims are workers […]
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Japan to Support Smart City in Hanoi
Vietnam’s prime minister, Nguyen Xuan Phuc presided over the signing of an agreement in October between Japanese company Sumitomo and Vietnamese developer BRG Group to develop a smart city in Hanoi. The $4.2 billion “smart city” will be built on a 272ha site in Dong Anh district in northern Hanoi. The first phase will see […]
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Germany finances US$74 million for developing kingdom’s rural infrastructure
Germany has provided approximately US$74 million for the development of rural power supply projects and rural roads in Cambodia, the Ministry of Economy and Finance stated in a press release on 28 November. H.E Aun Pornmoniroth, Minister of Economy and Finance signed two agreements with German Ambassador Christian Berger. The first one is an agreement […]
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South Korea to increase loans to support infrastructure in Cambodia
During the ASEAN-Republic of Korea Commemorative Summit on 25-25 November in Busan, H.E Prak Sokhonn, Minister of Foreign Affairs and International Cooperation, thanked South Korea for its contribution to infrastructure development by increasing financial loans from US$350 to US$700 million for 2019-2023, according to AKP. During the bilateral meeting, Cambodia and the Republic of Korea […]
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