Projects Development
Land Investment Alert in Cambodia
Since Cambodia has enjoyed stability, the country has gained a large volume of foreign direct investments, one area of which is land investment. Recently,
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Construction Sector Grows 23% Annually
The construction sector has grown at rate of 23% each year, according to H.E. Aun Porn Moniroth, Deputy Prime Minister and Minister of Ministry of Economy and Finance (MEF).
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Government Terminates Royal Group’s National Railway Contract
The Royal Government of Cambodia has decided to end the contract of Cambodia Royal Railway for the operation of Cambodia’s railway, according to an announcement by Samdech Techo Hun Sen, Prime Minister at the 18th ‘Government-Private Sector Forum’ held at the Peace Palace on 29 March 2019.
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Government Establishes Two Working Groups for Construction and Real Estate
The government has set up two working groups from the public and private sectors to find solutions for construction and real estate problems that might hinder businesses in these sectors.
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Japan Provides Us$30 Million Grant for Construction of Water Treatment Plant
On 26 March 2019, H.E Cham Prasidh, Senior Minister and Minister of the Ministry of Industry and Handicraft, and Mr Arakawa Noriyuki, Director of Kubota Construction Co., Ltd. signed a framework agreement for the expansion of the water supply system and construction of a water treatment plant in Kampong Thom.
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Cambodia-Japan Friendship Bridge to Chroy Chongvar to Open on 3 April
After two years of renovation, the Cambodia-Japan Friendship Bridge in Chroy Changva is set to open in April, according to the Ministry of Public Works and Transport (MPWT).
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Vietnam to Approve National High Speed Rail Link
Final plans for a US$56bn high-speed rail link between Hanoi and Ho Chi Minh are expected to be approved by the Vietnamese National Assembly in 2019.
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PM Pushes for Infrastructure Investment to Support Digital Industry
Prime Minister Samdech Hun Sen on 25 March 2019 during the 2019 Cambodia Outlook Conference: Digital Transformation Towards Industry 4.0 at The Great Duke Phnom Penh.
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Water and Electricity Shortages Due to Booming Construction
The shortage of water and electricity across the country over the last few weeks is due to the sharp growth in construction, according to the government’s spokesperson unit.
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PM: Cambodia’s Construction Human Resources Must Strengthen Their Capacity
Cambodia does not have enough human resources to work in the booming construction industry, said Prime Minister Samdech Hun Sen on 25 March 2019 during a graduation ceremony at the Phnom Penh International University (PPIU).
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