Projects Development
Ho Chi Minh City and Hanoi Shine as Top Investment Destinations in the 2023 Asia-Pacific Survey
A recent Asia-Pacific Investor Interest Survey 2023 released by CBRE reveals some great news for Vietnam’s real estate sector. Based on the experience of 500 regional real estate investment experts, Ho Chi Minh City and Hanoi have been ranked as the top 10 most attractive destinations for cross-border investment in the Asia-Pacific region. Ho Chi […]
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Indonesia Injects US$1bn More into New Capital ‘Nusantra’
The Indonesian government has approved the injection of an additional US$1 billion for the development of the nation’s new capital city ‘Nusantra’ which is located in East Kalimantan province on Borneo island. The Nusantra mega project is projected to cost US$32 billion, 80% of which is expected to be sourced from private investment. The Indonesian […]
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Pattaya to Build Four Monorails
Thailand’s leading resort city Pattaya has unveiled plans for the construction of four monorails to reduce traffic congestion and make it easier for tourists to get to the famous beach. The first 9.9km Green Line will have 13 stations and connect to the city’s planned new high-speed train station which will then link to the […]
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Cambodia’s Digital Transformation Soars with the US$30 Million National Data Center
The Ministry of Posts and Telecommunications marked a historic milestone today with the inauguration of the state-of-the-art National Data Center, a project valued at nearly US$30 million. The center, located in Srah Chak district, Khan Daun Penh, Phnom Penh, spans an impressive 12 stories, 36 meters wide, and 63 meters long. With an estimated construction […]
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Ring Road 3 is temporarily open and will be officially inaugurated on August 3
Ring Road 3, a vital infrastructure project in Cambodia, is set to bolster connectivity and drive economic growth in the country. The road construction has reached its completion milestone, and a temporary opening is currently in effect. The official inauguration is scheduled for August 3, 2023, with the esteemed presence of Samdech Techo Hun Sen, […]
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Monument Aux Morts: A Symbolic Tribute to World War I Victims in Cambodia
The official inauguration of the Monument Aux Morts, also known as the “Two Statues,” took place at the intersection of Monivong Blvd., France Blvd., and Oknha Techo Ind Blvd. in Phnom Penh. The solemn ceremony, presided over by Prime Minister Hun Sen on 14th July 2023, commemorated the victims of World War I from 1914 […]
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Cambodian Investment Landscape Flourishes with New Multi-Million Dollar Factories in Strategic Locations
The Council for the Development of Cambodia (CDC) has granted registration certificates to four pioneering companies, marking a significant milestone in the country’s thriving investment landscape. With a combined investment capital of approximately US$26.7 million, these ambitious ventures are poised to establish four state-of-the-art factories, generating an impressive 3,304 employment opportunities for the local population […]
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SHV Tourism Port Set to Transform into an International Tourist Hub
The Sihanoukville Provincial Authority has officially requested the assistance of the Ministry of Tourism in converting the newly inaugurated Sihanoukville Tourism Port into a prominent international tourist port. The aim is to facilitate seamless travel and promote tourism exchange between Cambodia, Thailand, and Vietnam. During the inauguration ceremony of the Preah Sihanouk Provincial Tourism Port […]
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505 elephant roundtable in Pursat province officially inaugurated
The grand inauguration ceremony of the awe-inspiring 505 Elephant Roundabout, situated at the intersection of National Road 55 and National Road 10 in Bramoy Commune, Veal Veng District, Pursat Province, marked a momentous occasion in the province’s history. Under the presidency of HE Suy Sem, Minister of Mines and Energy, the 505 Elephant Roundabout was […]
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Monivong Flyover Project Progresses: 25% Completion and Bridges Installed
The Monivong flyover construction project has reached a significant milestone, with approximately 25% of the work completed as of July 11. This update comes from Mr. Sam Piseth, Director of the Department of Public Works and Transport of Phnom Penh, in an interview with local newspaper BTV on July 11, 2023. The construction site is […]
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