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Cambodia & China Sign Landmark Agreement for USD 1.156 Billion Funan Techo Canal Project
In a significant development for Cambodia's infrastructure and water management, the Cambodian government and China have officially signed a major agreement for the USD 1.156 billion Funan Techo Canal Project. This ambitious initiative seeks to enhance water resource management and foster economic growth by improving connectivity among several provinces. The agreements were signed by ...
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Bentley for Government Software Now Listed on FedRAMP Marketplace
OpenGround achieves FedRAMP In Process status, ProjectWise to follow EXTON, Pa., April 14, 2025 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that OpenGround, its geotechnical information management and reporting software, achieved Federal Risk and Authorization Management Program (FedRAMP®) In Process status and is now listed on...
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Chinese Investment in Cambodia Reaches USD 36 Billion Over 35 Years
Over the last 35 years, Chinese investments in Cambodia have surged to approximately USD 36 billion, marking a significant milestone in the bilateral relationship between the two nations. Speaking at a special forum titled “Cambodia-China Steel Friendship in the New Era: Win-Win Cooperation and Common Prosperity,” HE Hoeun Samnieng, Deputy Secretary-General of the Council for the Development of Ca...
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Bentley Systems Partners with Google to Improve Infrastructure Through Asset Analytics
Bentley will leverage high-quality Google imagery and AI for faster, more efficient roadway inspections and damage assessment LAS VEGAS, April 9, 2025 – (Google Cloud Next 2025) – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced new asset analytics capabilities that leverage Imagery Insights from Google Maps Platform to rapidly detect...
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InterContinental Hotels & Resorts to Open USD 300 Million Landmark in Sihanoukville, Marking Grand Return to Cambodia
InterContinental Hotels & Resorts will make its return to Cambodia with a USD 300 million luxury property in Sihanoukville, scheduled to open in 2028 as part of the expansive Peninsula Bay Integrated Resort. The announcement coincides with a notable revival in Cambodia’s tourism industry, which saw a 23% increase in international arrivals in 2024, exceeding pre-pandemic levels by 1.4%, driven ...
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Malaysia Bets on USD 250 Million Deal to Train 10K Semiconductor Specialists to Spark Homegrown Chip Design Revolution
Malaysia has sealed a landmark USD 250 million semiconductor partnership with UK-based Arm Holdings, granting the Southeast Asian nation access to Arm’s advanced intellectual property as it aims to shift from a manufacturing-based economy to a high-value design and innovation hub in the global chip supply chain. The agreement, formally signed on 5 March 2025 in Kuala Lumpur by Prime Minister Anwar...
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Cambodia’s Steel Imports Surge in Early 2025
Cambodia's steel imports significantly rose in the first quarter of 2025, with the nation importing iron and steel valued at USD217 million. This marks a remarkable 75% increase compared to USD124 million during the same period last year. According to a report released on 10 April by the General Department of Customs and Excise, iron and steel imports accounted for 2.9% of Cambodia's total impo...
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Prime Minister Unveils Ambitious Plan to Transform Stung Treng’s Agriculture Sector
In a significant move aimed at revitalising the agricultural landscape of Stung Treng province, Prime Minister Hun Manet has announced the re-zoning of 6,000 hectares of investment land to a private company to establish an agro-industrial zone. This ambitious initiative was unveiled during the official inauguration of National Road 71c on 12 April 2025. During the announcement, Prime Minister H...
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Dam Safety in an Earthquake
Bentley Expert An earthquake can cause a dam to crack or dislocate, or even cause its component blocks to detach. The damage can result in uncontrolled water release or a catastrophic flood. Numerical methods such as finite element analysis play an important role in assessing the possible seismic damage to dams. In this blog post, we show how ADINA was used by a team of engineers in Switzerland...
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Building Bridges: CCA & CHINCA Unite for a Thriving Construction Future
In a significant move for the construction sector, the Cambodia Constructors Association (CCA) hosted a successful meeting with the China International Constructors Association (CHINCA) on 8 April 2025. This gathering not only highlighted Cambodia's growing economic landscape but also forged pathways for potential collaboration in the construction business and industrial development. ...
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PM Unveils Ambitious Plan to Construct National Road 60b, Enhancing Connectivity Between Provinces
In a significant stride towards improving transport infrastructure, Prime Minister Hun Manet recently announced the construction of National Road 60b, which will connect the provinces of Kampong Thom and Kratie. This pivotal announcement was made during the inauguration ceremony of National Road 71c on 12 April 2025. During his speech, the Prime Minister emphasized the government's dedication t...
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Vietnam Set to Reclaim Real Estate Momentum with USD 25.4 Billion FDI & Rising Investor Confidence
Vietnam’s real estate sector is poised for a robust resurgence in 2025, driven by USD 25.4 billion in implemented foreign direct investment (FDI) in 2024—a 9.4% year-on-year increase—alongside improved investor sentiment, reduced borrowing costs, and rising transaction volumes across core asset classes, according to JLL’s latest market intelligence report, Vietnam Property Market Outlook 2025: A N...
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