Projects Development
Sihanoukville Port Expansion Project Phase 1 Postponed to Mid-2022
The construction of Sihanoukville port expansion project phase 1, which was first scheduled to begin this year, will now be postponed to mid-2022 due to the COVID-19 pandemic, according to a senior official at Sihanoukville Autonomous Port. The Administrative Director of the Project Management Unit of the Sihanoukville Autonomous Port Sokkoul Chenda recently told Cambonomist […]
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Overseas Investors Eye Hanoi Office Market
The strong performance of the dynamic Hanoi office market is generating increasing interest among international investors who see great future potential in the Vietnamese capital’s corporate space. The low number of vacant spaces together with high demand, Vietnam’s impressive record in controlling the COVID-19 pandemic, its strong economy and international interest, particularly from China and […]
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CDC Licenses Another Investment After Over 12 Approved in First 2 Months of 2021
The Council for the Development of Cambodia (CDC) has officially given the permit to a private firm to develop another factory in Kandal province, after over a dozen of projects worth more than US$700 million have been approved in just the two months of 2021. The investment permit this time has been granted to Jiangyao […]
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Vietnam Planning US$53 billion 30-year Airport Expansion
Vietnam is planning to raise approximately US$53 billion in an ambitious plan to expand its aviation capacity over the next 30 years, according to the Civil Aviation Authority of Vietnam (CAAV). US$15.8 billion will be needed in the next 10 years for building and expanding airports across the country with a further US$37 billion between […]
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Cambodia, Singapore Officially Sign Agreement on Phnom Penh Logistics Centre Project
The Ministry of Public Works and Transport (MPWT) and Singapore’s YCH and Infrastructure Asia (IA) officially signed a framework agreement on the Phnom Penh Logistics Centre on 04 March. As a result, Cambodia has decided to select Singapore’s YCH and Infrastructure Asia (IA) as private partners to study and develop the Phnom Penh Logistics Centre […]
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New Borey Project to Boost Economic Potential of Dangkor District
Advertorial A large Borey project in Dangkor district Ti Leang Dangkor Green Park has recently announced a new brand ambassador, former Miss Universe 2018 Roeun Nath, together with its news mission to boost the Dangkor district economic potential to the highest extent possible. Located on Prey Sar Road, this new Borey will be constructed on […]
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Construction Complete for New National Laboratory in Chak Angrae Leu
Construction of the Science, Technology, and Innovation National Laboratory (STINL) building located along NR2 in Sangkat Chak Angre Leu has been completed, with the handover ceremony held on 03 March. The handover agreement is between HE Cham Prasidh, Minister of Industry, Science, Technology and Innovation (MISTI) and the construction firm Ly Chhuong Construction Co., Ltd. […]
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Land Ministry HQ to Move to New Location This Month, Ahead of Official Inauguration
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) headquarters will move to a new location in Sen Sok district on 15 March, while the official inauguration will take place in April as planned, according to the Ministry’s announcement on the morning of 03 March. The ministry will relocate from Monivong Blvd in Sangkat […]
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Second Border Market Project Ready for Ground-Breaking in Kampot Province
The Ministry of Commerce and Kampot provincial municipality have finalised the location for a new border market in Kampong Trach district, with construction set to begin soon and is expected to be completed by mid-2022. The ‘Prek Chak Border Market’ will be built on over 2 hectares in Thgov village, Russie Srok commune in Kampong […]
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Phnom Penh-Sihanoukville Expressway Takes Another Step Toward Completion
Paving on the Phnom Penh-Sihanoukville Expressway is set to begin soon, while the whole project at this stage is approximately 40% complete. According to the official Facebook page of the Phnom Penh-Sihanoukville Expressway, on 02 March, the team has just completed the asphalt paving (ATB-25) on the sample section. Soon, the engineers will start the […]
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