Hitachi Targets Southeast Asia Rail Market with $1.6 Billion Acquisition
Hitachi aims to expand its presence in Southeast Asia’s railway market following its $1.6 billion acquisition of Thales Group’s rail signal business on 31 May 2024, as China remains a dominant infrastructure supplier. This move enhances Hitachi’s ability to provide integrated railway solutions in Singapore and Malaysia. The announcement was made during a media roundtable […]
CFOCN Proposes Extensive Fibre Optic Network Installation Across Nine Cambodian Provinces
Cambodia Fiber Optic Communication Networks Co., Ltd (CFOCN) requested approval from the Ministry of Public Works and Transport to undertake a significant project involving the drilling and installation of fibre optic cables across nine major provinces. This request was discussed during a meeting chaired by Mr. Lim Sidenin, Secretary of State of the Ministry of […]
Progress Report: Tonle Bassac Bridge Nears 12% Completion
The bridge construction project over the Bassac River, connecting Chak Angre Krom and Prek Pra, stands at 11.63% completion, with 36 out of 156 pillars already concreted, six out of 20 template exhibits installed, and several other crucial tasks underway, according to Mr. Phorn Rim, spokesman for the Ministry of Public Works and Transport reported […]
Guangzhou to invest $1.4 billion to build infrastructure for flying car by 2027
Guangzhou is set to invest over 10 billion yuan ($1.4 billion) by 2027 in the burgeoning “low-altitude economy,” targeting the development of services operating below regular commercial aviation altitudes. This substantial investment is part of China’s strategic push to invigorate its slowing economy, according to Asia.nikkei.com dated June 4, 2024. The ambitious plan involves building […]
Groundbreaking for Bak Kheng Water Treatment Plant Phase 3, Phase 2 Inaugurated
The third phase of the Bak Kheng Water Treatment Plant has commenced construction, while the second phase was officially inaugurated by HE Aun Porn Moniroth, Deputy Prime Minister and Minister of Economy and Finance, on 25 June 2024. During the inauguration, HE Aun Porn Moniroth stated, “The commissioning of the second phase of the water […]
Vietnam’s Trade Ministry Requests PM’s Approval on Cambodian Sand Imports to Address 2.3 Million m3 Demand
The Vietnamese Ministry of Industry and Trade has proposed to Prime Minister Phạm Minh Chính to import construction sand from Cambodia to address the country’s annual demand of 2.3 million cubic meters. This recommendation follows a feasibility study indicating Cambodia’s ability to supply sand for Vietnam’s long-term construction needs, as reported by Vietnamnews.vn on 24 […]