Advancing Infrastructure: Texas Launches $1.45 Billion Using iTwin of Bentley to Build Viaduct Project in I-35 Corridor
The Texas Department of Transportation (TxDOT) has embarked on a monumental $1.45 billion project. The initiative aims to address the surging demand on the I-35 corridor by introducing a cutting-edge viaduct, thereby augmenting the thoroughfare with three additional lanes in each direction. The project, overseen by Ferrovial Construction U.S. and Webber LLC, leverages Bentley's iTwin platform, ush...
Read MoreCoastal City Development Group Unveils Ambitious Plans for State-of-the-Art Theme Park in Koh Kong Province
Coastal City Development Group Co., LTD has announced its intention to invest in a cutting-edge theme park situated in the idyllic locale of Koh Sdach commune, Kirisakor district, Koh Kong province. The proposal, disclosed through an official statement on the Facebook page of Mr Ouk Pheaktra, Deputy Governor of Koh Kong Province on 8 February 2024, is currently undergoing thorough evaluation by an...
Read MoreIndonesia Unveils Southeast Asia’s Swiftest Railway, Just 36 mins for Jakarta to Bandung
Indonesia, a Southeast Asian gem with its rich cultural tapestry woven across more than 17,000 islands, has added another feather to its cap. The archipelagic nation is now home to the fastest railway in Southeast Asia, connecting the bustling cities of Jakarta and Bandung. The inaugural high-speed rail line, appropriately named WHOOSH, commenced operations in October 2023, revolutionizing travel ...
Read MoreGlobal Natural Gas Boom: US$194bn Investment Fuels 70,000 km Pipeline Expansion
Amidst a surging demand for cleaner energy sources, a colossal global investment of US$194 billion is propelling the construction of natural gas pipelines, spanning an impressive 70,000 kilometres. The collective length of pipelines under construction globally has witnessed an impressive 18% surge by the close of 2023 compared to the previous year. This monumental undertaking, as revealed by th...
Read MoreAsia House Forecasts: Vietnam to Outshine its Asian regional Counterparts Throughout 2024
In the realm of thriving Asian economies, Vietnam emerges as a standout performer, poised to outshine its regional counterparts throughout 2024, according to the Asia House Annual Outlook released on 23 January in London. The report anticipates approximately 5% overall growth across eight key Asian economies, with Vietnam and the Philippines leading the charge. Focused on Vietnam's robust funda...
Read MoreCambodia’s Labour Landscape Thrives: Nearly 50k Registered Businesses Employ Over 1.7m Workers
The Ministry of Labour and Vocational Training boasts registration numbers of 49,075 factories and businesses, collectively employing more than 1.7 million individuals. This impressive statistic was revealed during a meeting at Sokha Hotel in Phnom Penh on 8 February by Prime Minister Samdech Hun Manet. Prime Minister Hun Manet emphasised that the registered factories and businesses, documented...
Read MoreEnhancing Connectivity: Completion of 57.12 km Rural Road Projects in Svay Rieng Province
Marking a significant milestone in rural infrastructure development, the Ministry of Rural Development proudly announced the successful completion of four rural road improvement projects (RRIP 3) in Svay Rieng province. The inspection and handover ceremony, conducted by HE Song Sophal, Undersecretary of State and Project Manager at the Ministry of Rural Development, took place on 1-2 February 2024...
Read MoreTechno School Launches Construction of 5-Hectare Campus
The Institute of Technology of Cambodia (Techno School) marked a pivotal occasion with the official commencement of construction for its second branch. Situated on an expansive 5-hectare parcel near the Victory Monument, the groundbreaking ceremony, held on 7th February 2024, was graced by the presence of His Excellency Dr. Hang Chuon Naron, Deputy Prime Minister and Minister of Education, Youth, ...
Read MoreSre Ambel District Gears Up for a Transformation: US$80M Investment Unveils 180-Hectare SEZ
Sre Ambel Free Trade Zone (Cambodia) Co., Ltd. has unveiled plans to inject a substantial US$80 million into establishing a sprawling 180-hectare special economic zone in Chroy Svay commune, Sre Ambel district, Koh Kong province. The ambitious project aims to become a pivotal catalyst for the growth of Chroy Svay commune and the broader Sre Ambel district. The announcement, made via the officia...
Read MoreCambodia Affirms Commitment to Air Quality Amidst Regional Collaboration
The Cambodian Ministry of Environment declared its readiness to collaborate with friendly nations and international organizations to exchange insights on preventing and mitigating air pollution. The ministry emphasized its dedication to the well-being of the people, both regionally and globally, according to the MoE’s press release issued on February 3, 2024. Contrary to concerns raised by some...
Read MoreCutting-Edge 3D Museum Coming to Siem Reap with French Technology
Immersive Angkor Legacy Co is set to revolutionize cultural experiences in Siem Reap with the introduction of state-of-the-art technology from France, bringing a 3D museum to life. The project, slated for opening in 2025, aims to immerse visitors in a digital realm of Cambodian heritage. In a meeting between His Excellency Prak Sophoan, Governor of Siem Reap Province, and Mr. Ke Bin Sorasmey, P...
Read MoreHong Lai Huat To Sell Two Subsidiaries in Cambodia at US$37.5 Million & Exit from Agricultural Ventures
Singaporean property developer Hong Lai Huat has announced plans to divest two underperforming subsidiaries in Cambodia, marking its departure from the agricultural sector. The proposed disposal, with a total consideration of US$37.5 million, underscores the company's strategic shift away from an agricultural business that has faced profitability challenges since its establishment in 2008, accordi...
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