Projects Development
Phnom Penh-Bavet Expressway Scheduled to Break Ground in Mid-2023
The Ministry of Public Works and Transport (MPWT) will accelerate work to break ground on the construction of the country’s second expressway connecting Phnom Penh to Bavet by mid-2023. HE Sun Chanthol, Senior Minister of the Ministry of Public Works and Transport, provided the upgrade on the project on 21 September. “We have already signed […]
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France has Provided US$900m Financing for Infrastructure Development Projects in Cambodia
The French Agency for Development (AFD) has provided a total of €888 million (approximately US$882 million) in loans and grant aid to Cambodia for infrastructure development over the last 30 years. The figures were raised in a meeting between HE Aun Porn Moniroth, Deputy Prime Minister and Minister of Economy and Finance, and Jean-Pierre Marcelli, […]
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Laos to Build US$2bn Wind Power Project for Domestic Supply & Export
The Laos Government and relevant energy companies plan to spend over US$2 billion to establish a wind power project in Sepon district of Savannakhet province for domestic supply and exporting to Vietnam. The Laos government and two private firms—Savan Vayu Renewable Company and LTM Lao Company —have recently signed an MoU to examine the possibility […]
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New Investment Project Worth Over US$5.6m Approved for Phnom Penh
The Council for the Development of Cambodia (CDC) has given a permit to a private firm to invest over US$5.6 million to establish a new factory in Phnom Penh. The permitted firm is MI QI (CAMBODIA) GARMENT CO., LTD, which will build a new garment factory located in Chrey Kaong Village, Sangkat Choam Chao II, […]
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Gov’t Turns SR Sewage into Tourist Attraction
One of the main sewage systems in Siem Reap has been transformed into a new walking area with flower gardens on both sides to serve as a public park and tourist attraction. HE Chea Sophara, Deputy Prime Minister and Minister of Land Management, Urban Planning, and Construction, led the team to inspect the site on […]
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Over 500 Solar Lights Installed & Put into Operation in Kandal
A total of 538 solar light poles worth over US$100,000 were officially inaugurated in Kandal province on 15 September. Located in Ta Ek commune in Khsach Kandal district, the light poles were built by Saron Group, with construction starting in June 2021 and completed in September 2022. HE Dith Tina, Secretary of State of the […]
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Samsung Group Wins Bid on US$11bn Airport Project in the Philippines
Samsung Group and European subsidiaries have won bids for an US$11-billion airport project in the Philippines, on which China bid only US$10 billion. According to Nikkei Asia on 15 September, Sangley Point Airport is located south of Manila in Cavite Province, the Philippines. It will be built by the SPIA Development Consortium, a subsidiary of […]
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Construction of New Siem Reap International Airport 40% Completed as of September
Construction of the new Siem Reap Angkor International Airport has been 40% completed by September, while the developer is aiming for 70% completion by the end of 2022. The progress of the construction of the new international airport in Siem Reap was mentioned during a site inspection led by HE Mao Havannal, Minister in charge […]
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Dubai Mulls Building Massive Space-Age Ring to Encircle World’s Tallest Building
An experimental architecture firm ZNera Space has proposed a conceptual design of a space-age ring structure to encircle the world’s tallest skyscraper the Burj Khalifa, according to CNN. Known as Downtown Circle, the project is a massive five-storey circular structure showcasing urban planning in a wildly ambitious design combined with a series of mesmerizing illustrations. […]
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Construction Begins on Vietnam’s US$520-million Industrial Park
Construction has begun on a 10-sq-km industrial park in Vietnam’s southern province of Binh Thuan with a ground-breaking ceremony attended by Prime Minister Pham Minh Chinh. The construction will cost US$520 million and the park will serve sectors ranging from building materials to food processing when complete in 2025, according to GCR. The park will […]
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