US tariffs: Impact on data centre construction
The US tariffs will negatively impact data centre construction and, as a result, drive up the cost of AI processing. Building data centres requires materials and supplies, construction equipment, electrical components, and cooling systems, even before IT and network infrastructure are deployed. As all construction costs increase, so will the cost of data centre builds, […]
Government and Private Sector Unite for Affordable Housing Initiative in Cambodia
In a pivotal move to enhance the affordable housing landscape in Cambodia, the Ministry of Land Management, Urban Planning and Construction has forged a partnership with AGENT21 GLOBAL. A Memorandum of Understanding was signed on April 24, 2025, to advance affordable housing development projects catering to low- and middle-income families across 25 provinces and cities. […]
India Reaffirms Commitment to Support Cambodia’s Rural Development
India has pledged to enhance its partnership with Cambodia in the field of rural development, as confirmed in a recent meeting between H.E. Chhay Rithisen, Cambodia’s Minister of Rural Development, and H.E. Vanlalvawna Bawitlung, the Indian Ambassador to Cambodia. The discussion highlighted India’s ongoing efforts to provide specialized training courses designed to boost officials’ skills […]
Cambodia and Thailand Forge Stronger Ties with Joint Agreement on Friendship Bridge
In a significant move to strengthen bilateral relations, the governments of Cambodia and Thailand have officially signed a joint agreement concerning the management, maintenance, and use of the Cambodia-Thai Friendship Bridge, also known as Stung Bot-Ban Nong Ien. The agreement was finalized during a high-profile meeting led by Samdech Hun Manet, Prime Minister of Cambodia, […]
Government Extends Tax Incentives for Stalled Projects in Sihanoukville Until 2028
In a significant move to rejuvenate its construction sector, the Ministry of Economy and Finance announced today the continuation of additional tax incentives for stalled building projects in Sihanoukville. This initiative, aimed at developments underway since 2016, will remain in effect until the end of 2028. According to an official notice, the Royal Government’s decision […]
Vietnam Launches Ambitious USD 8.4 Billion Wonder City Project in Can Gio
Vingroup, a prominent Vietnamese conglomerate, has officially broken ground on a groundbreaking modern tourist development titled Vinhomes Green Paradise in Can Gio, a coastal area located about 50 kilometers southeast of Ho Chi Minh City. The project, which represents an investment of over 217.05 trillion VND (approximately USD 8.44 billion), aims to create a […]