Projects Development
Japan to Complete Siem Reap Smart City Planning in 2022
The Japan International Cooperation Agency (JICA) will complete the planning for the Siem Reap smart city project by early 2022, according to a follow-up meeting between the provincial administration and JICA on 26 October. Siem Reap Deputy Governor Ly Samrith said that the provincial administration had requested JICA to help study this project since 2019. […]
Read MoreConstruction of Chroy Changvar – Svay Chrom Bridge Could Begin Next Year
Construction of the Chroy Changvar-Svay Chrum bridge could begin next year, as the government has listed this project in the prioritized list for the 2022 spending plan, according to the draft law on financial management 2022 of the Ministry of Economy and Finance. The draft law states there are seven prioritized infrastructure development projects to […]
Read MoreFive New Development Masterplans Approved for Bokor National Park
The masterplan and development plans for five small-scale ecotourism investments in Bokor National Park was officially approved at the review meeting on Monday 25 October. The approval of these projects was co-decided by the Ministry of Environment, Kampot Provincial Administration, Department of Environment, Department of Land Management, Urban Planning, Construction, and Cadastral Office of Kampot […]
Read MoreOver 700kg of Gold Ore Refined in Three Months
Renaissance Minerals has refined over 700kg of gold ore in three months of the refinery production process in northeastern Cambodia’s Mondulkiri province, while over 500kg has already been exported to Australia for purification. Speaking at the cabinet meeting held last Friday, Samdech Techo Hun Sen, Prime Minister of Cambodia, said, “In the three-month period, Cambodia […]
Read MoreCambodia Needs 1.6 billion SDR to Develop Six Prioritised Sectors in 2022
The Cambodian government would need a total of 1.6 billion SDR (international reserve assets) to develop six prioritised sectors or equivalent to 35 public investment projects in 2022, according to the new Draft Law on Financial Management. The SDR will be allocated to sectors such as energy (8 projects), irrigation (5 projects), physical infrastructure (7 […]
Read MoreVarious Investment Projects Worth US$95 million Approved for Four Provinces
The Council for the Development of Cambodia (CDC) has recently given permits to private firms to invest a total of US$94.9 million in establishing seven factories in Phnom Penh, Kampong Speu, Sihanoukville, and Svay Rieng. The first investment permit has been granted to TREND APPAREL CO., LTD to invest US$2 million to build a garment […]
Read MoreJICA Provides US$58-million Loan Expanding SR’s Water Supply Capacity
The Japan International Cooperation Agency (JICA) in Cambodia has decided to provide an approximately US$58-million concessional loan to Cambodia for the expansion of Siem Reap’s clean water supply capacity. The loan agreement was signed virtually on 21 October between Minister of Economy and Finance HE Aun Pornmoniroth and Head of the Japan Cooperation Agency in […]
Read MoreTransport Minister Urges US Firms to Engage More in Infrastructure Development
The Minister of Public Works and Transport HE Sun Chanthol has placed high hopes on the US private sector gradually becoming further involved in the Kingdom’s infrastructure development, by urging US firms to consider bidding for more public projects in Cambodia. HE Sun Chanthol made the remarks in an online meeting on 20 October with […]
Read MoreNewly Approved Development Master Plan Enables Siem Reap to Build More Infrastructure
The Cambodian government has officially announced the implementation of the Siem Reap Tourism Development Master Plan 2021-2035. Through the master plan, the government will focus on the development of infrastructure to create well-connected means for the tourism sector. The official launch ceremony was held on 20 October under the presidency of HE Aun Pornmoniroth, Deputy […]
Read MoreSpecial Teams Established to Re-Inspect Quality of SHV 34-Road Project Before Handover
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has set up four special working groups to re-inspect the quality and defects of the construction of Sihanoukville’s 34-road renovation project before the official handover. MLMUPC Undersecretary of State HE Ly Raksmey said during a follow-up meeting on 19 October that the project will be […]
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