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ខ្មែរ Projects Development
US$160-million Morodok Techo Stadium Almost 100% Complete
- 19 April 2021
Construction of the US$160-million Chinese-funded Morodok Techo Stadium is almost 100% complete and is expected to be finished next month despite the recent surge in the COVID-19 community outbreak. The stadium is being built by China State Construction Engineering Corporation on an area of 94 hectares in Sangkat Prek Ta Sek of Russey Keo district. With ground broken in April 2017, the stadi...
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Gov’t Approves Three Major Investment Projects Worth Approx. US$8 Million
- 19 April 2021
The Council for the Development of Cambodia (CDC) has recently approved three major investment projects worth approximately US$8 million in Phnom Penh, Kandal and Kampong Speu. The first permit was given to Vanzel Printing & Packaging (Cambodia) Co., Ltd, which will invest US$2.1 million to build a garment and printing accessories factory along NR3 in Kandal Steung district, Kandal province...
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Japanese Firm Wins Bid for Choeung Ek Wastewater Treatment Plant Construction Work
- 13 April 2021
A Japanese private company Kubota Metawater Joint Venture has won a bid to construct a US$27 million large-scale wastewater treatment plant at Choeung Ek Lake in the southern part of Phnom Penh. The bidding ceremony was held in Tokyo, Japan on 12 April. With the capacity to treat water up to 5,000 cubic metres/day, the Choeung Ek water treatment plant will be large enough to manage wastewate...
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Construction delays another greatest risk for the condo market besides oversupply
- 12 April 2021
Construction delays, as well as the delays in handover date, are the two main concerns in the condominium market at the moment, followed by the oversupply issue, according to CBRE Cambodia’s recent report. The report added among other causes, the loss of foreign investment in the sector is the prominent one that negatively impacts the market. According to the report, seven projects out of 19...
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US$2.8-billion Phu Quoc large-scale resort to open in late April
- 10 April 2021
A large-scale resort spanning over 1,000 hectares on Phu Quoc Island is set to officially open on 21 April, according to Inside Asian Gaming. Known as the Phu Quoc United Center, the resort has been built by the VinGroup with an investment value of US$2.85 billion. Located in the northern part of Phu Quoc Island, the project consists of a five-star hotel, the largest theme park in Vietnam ca...
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Sihanoukville Not Best Strategic Spot for Chinese Naval Base: The Diplomat
- 9 April 2021
An article by The Diplomat has recently asserted that Sihanoukville's Ream bay is not the ideal strategic spot for a Chinese naval base. The article was written by local analyst and researcher Chen Heang where he provided four key arguments to support his claim. 1) Ream Bay is not deep enough to undertake major naval actions Large naval vessels generally require deep water to operate, but Kamp...
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HCMC-Moc Bai Expressway Construction to Begin in 2023, PP-Bavet Still Being Studied
- 9 April 2021
Construction of the US$587-million HCMC- Moc Bai expressway is set to begin in 2023 and be completed in 2025, while the Phnom Penh to Bavet expressway on the Cambodia side is still undergoing a feasibility study. According to the VN Express report yesterday, the authorities are trying to complete procedures and the feasibility study of HCMC- Moc Bai expressway this year. Meanwhile, compensation...
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Vietnam Establishes New 1,600-Hectare Special Economic Zone on Border of Kampot and Takeo Provinces
- 8 April 2021
Vietnam has established a new 1,600-hectare special economic zone at the border between Hà Tiên province and Cambodia’s Kampot and Takeo provinces. According to Vietnam News, the Hà Tiên Border-Gate Economic Zone is located in the Mekong Delta of Kiên Giang and covers five communes of Vietnam. The area is also bordered with Kirivong district inTakeo province, as well as Banteay Meas and Kamp...
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Over 50 Private Firms Show Interest in Cambodia’s Infrastructure Investment
- 8 April 2021
More than 50 national and international companies have recently expressed interest in investing in Cambodia's infrastructure, according to an online meeting between the Ministry of Public Works and Transport (MPWT) and those firms on 07 April. MPWT Minister HE Sun Chanthol, in response, fully supported and welcomed all investments related to infrastructure. The minister has also committed to wo...
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Special Features Making PP-SHV Expressway a Green Development Project
- 7 April 2021
Xinhua Net has recently reported that the under-construction US$2 billion Phnom Penh-Sihanoukville Expressway could become one of the greenest infrastructure projects in Cambodia due to three special features. 1. Eco-friendly Technology At the quarry site, the company installed dust collectors to suck out the dust and store it in a sewage sedimentation tank. After the process, the area can als...
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