Projects Development
Cambodia Signs 12 Mous With China Worth More Than Us$80 Million
The Ministry of Commerce (MoC) signed 12 memoranda of understanding (MoU) with China during the 15th China-ASEAN Expo on 13 August worth more than US$80 million. According to the MoC, the comprehensive agreements will cover cooperation in key areas including: 1) Business-to-Business 2) Human resource training for tour guides and engineering (high-speed railway, hydropower dams […]
Read MoreMondulkiri Province Ground Breaks on Construction of Independence Monument
Sample photo by Ethan Crowley To promote tourism in the province, Mondulkiri Municipality broke ground on 9 August ground on construction of an Independence Monument located in Sen Monorom Park (on the land of the former airport) in Sen Monorom City. The ceremony was presided over by Mondulkiri Provincial Governor H.E Svay Sam Eang, with […]
Read MoreCambodia Inks Deal With China on New Container Port in Kampot
Sample photo by Lars Plougmann Cambodia based Kampot Port Co., Ltd. and China state-owned company CRCC Harbor& Channel Engineering Bureau Group Co., Ltd. have signed a contract agreement on the construction of a container port and the construction of a 14-metre pumping station in Teuk Chhou district Kampot Province, according to the Kampot Administration Department. […]
Read MoreEnvironment-friendly Midtown Community Mall Set to Open in December
The 3-storey Midtown Community Mall is set to open in TeukThla in December 2018, bringing an additional shopping centre to the kingdom.
Read MoreJapan Uses Its Latest Technology for Chroy Chongvar Bridge’s Rehabilitation
The Japan International Cooperation Agency (JICA) released a one-minute long video showcasing Japan’s latest technology used for the rehabilitation of the ChroyChongva Bridge or the Cambodia-Japan Friendship Bridge.
Read MoreFacebook to Build Us$1.4 Billion Data Centre in Singapore
Photo by Facebook According to a report by Channel NewsAsia (CNA), social media company Facebook is to construct an 11-storey data centre in Singapore with a capital investment of US$1.4 billion. Located at Tanjong Kling, the data centre will feature a total area of 170,000 square metres and create hundreds of construction and many other […]
Read MoreCambodian Government to Construct Another Multi-million Stadium
In a bid to promote the sports sector, the Cambodian government has announced plans to build another multi-million dollar sports stadium located Serey Sophorn City, Banteay Meanchey Province, according to government news agency Agence Kampuchea Presse (AKP). During the first phase of construction, the complex will cover 5.5 hectares of land while the next phase […]
Read MoreWorld Bank to Grant US$50m for Development Projects in Cambodia
Senior Cambodian government officials have confirmed that the World Bank plans to grant US$50 million to Cambodia for development projects of which US$20 million is for a water and drainage system project in Siem Reap Province.
Read MoreChip Mong Breaks Ground on 271 Mega Mall
Chip Mong Retail, a subsidiary of Cambodian conglomerate Chip Mong Group, held a groundbreaking ceremony on 30 August for its first-ever world-class shopping center Chip Mong 271 Mega Mall located along Yothapol Khemarak Phoumin Blvd (271). The 271 Mega Mall covers a total area of 160,000 square meters (about 16 hectares) offering a mix of […]
Read MoreMalaysian PM Pulls the Country Back From Infrastructure Plans With China
Photo by World Economic Forum Malaysian Prime Minister Mahathir Mohamad continues to indicate his plans to abandon the multi-billion dollar Chinese-sponsored infrastructure program agreed to by previous PM Najib Razak. PM Mahathir has already suspended almost US$25 billion of Chinese projects including the $20 billion East Coast Rail Link and two huge petroleum pipeline projects. […]
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