Projects Development
China to Help Accelerate Establishment of Economic Corridors in Cambodia
China has pledged to help Cambodia establish two more major economic corridors, including the “Industrial Development Corridor with Sihanoukville as its centre” and the “Fish and Rice Corridor in the Northwest region”. HE Wang Wentian, Chinese Ambassador in Cambodia, said on 16 February that China is willing to provide assistance to build the two projects […]
Read MoreIFC backs two private firms to establish smart logistics hub in Cambodia
The International Finance Corporation (IFC) has backed two of the region’s leading logistics companies –WorldBridge Group and YCH Group – to establish a world-class logistics complex in Cambodia. The agreement was signed in February in Singapore by IFC, WorldBridge, and YCH Group, according to a press release. The Cambodia SuperPortTM or the Phnom Penh Logistics […]
Read MoreGermany Mulls Investing in Car & Construction Machinery Factory in Cambodia
The German business delegation has expressed interest in investing in several key sectors in Cambodia including automobiles, machinery, construction equipment, wastewater treatment system, technology, and renewable energy. According to a meeting with Cambodia Prime Minister Samdech Hun Sen on 15 February, the German business delegation also expressed satisfaction with the business environment in Cambodia and […]
Read MoreKampong Chhnang Set for 100ha Multi-Purpose Port & Logistics Centre
A new 100-ha multi-purpose port & logistic centre is set to be built in Kampong Leng district in Kampong Chhang province to help promote water transport, provide jobs, and improve livelihoods in the Tonle Sap area. Located in Keng Ta Sok village, Kampong Hao commune, Kampong Leng district, the project will be developed by KLPT […]
Read MoreConstruction of PP-Bavet Expressway Set to Begin in June 2023
The construction of the Phnom Penh-Bavet Expressway project is set to begin in June 2023, according to the Ministry of Public Works and Transport (MPWT) on 15 February. MPWT Minister HE Sun Chanthol said that the Phnom Penh-Bavet Expressway project would officially start construction in June 2023, while technicians and stakeholders are currently speeding up […]
Read MoreIndia Invests US$13bn to Build Country’s Longest Highway Connecting New Delhi & Mumbai
India officially broke ground on the first stage of its longest expressway, a route linking Delhi and Mumbai, as it makes a concerted infrastructure push to catch up with its geopolitical rival China. The expressway project is a new 1,386-kilometre four-lane road with a total budget of US$13bn which will eventually cut the road travel […]
Read MoreConstruction on New US$60m Interior Ministry HQ 65% Complete
Construction on the new Ministry of Interior headquarters is over 65% complete and is scheduled to be final completion in July 2023, according to the announcement of the Ministry of Interior on 10 February. The new Ministry of Interior building is 9 floors high with a total area of 105,545 sqm. The construction began in […]
Read MoreChinese Firms Jointly Provide US$4.5m to Build Two Major Infrastructure Projects in Cambodia
Three major Chinese companies have jointly provided more than US$4 million in grants to Cambodia to construct two major infrastructure projects, according to the meeting between PM Samdech Hun Sen and three Chinese companies during his trip to China on 9 February. The three significant investors are China Road Bridge Corporation, Beijing Urban Construction Group, […]
Read MorePM Requests China to Study Feasibility of High-Speed Railways in PP & SR
Prime Minister Samdech Hun Sen has asked China Metro Group Limited to study two high-speed light rail projects, one in Phnom Penh and another in Siem Reap, to reduce traffic congestion. This is according to a meeting between PM Hun Sen and three major Chinese companies on 9 February during an official visit to the […]
Read MoreAustrian Firm Studies Feasibility of Building Cable Car System in Phnom Penh
The Austrian company Doppelmayr Group has been studying the possibility of a “Cable Car” project in Phnom Penh. In the past, the company has expressed interest in investing in transportation using cable cars to promote public transport in Phnom Penh, Cambodia. (Read more) In a meeting with the Permanent Secretary of State of the Ministry […]
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