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ខ្មែរ Projects Development
39MW Solar Power Plant in Banteay Meanchey Connected to National Grid
- 12 March 2021
A 39-megawatt solar power plant in Banteay Meanchey province was recently connected to the national grid, according to PR Newswire on 10 March. The project was constructed by Chinese company Shanxi Electric Power Engineering, with JR Solar as the supplier of all solar modules. According to the same source, the plant is the largest renewable energy (in terms of installation capacity) project ...
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Cambodia, Laos, Vietnam Agree To Accelerate Three Major Cross-Border Infrastructure Projects
- 11 March 2021
The prime ministers of Cambodia, Laos, and Vietnam have agreed to gather more resources from development partners to accelerate three major cross-border infrastructure development projects including the Phnom Penh-Ho Chi Minh railway, Hanoi- Vientiane expressway, and Vientiane–Vũng Áng railway. According to the virtual meeting between the three prime ministers on 10 March, the three nations hav...
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US$4 billion Naga 3 Progressing, Set for Completion in 2025 Despite COVID-19 Crisis
- 10 March 2021
Construction of the US$4 billion Naga 3 complex is progressing smoothly and is scheduled for completion in 2025 despite the COVD-19 crisis, according to NagaCorp’s report on 08 March. To date, construction is at the piling stage and being carried out by the Malaysian company Econpile. This firm has been engaged by Chinese firm MCCI as a sub-contractor to carry out works such as site clearance, ...
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Sihanoukville Port Expansion Project Phase 1 Postponed to Mid-2022
- 9 March 2021
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 that besides the CO...
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Overseas Investors Eye Hanoi Office Market
- 6 March 2021
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
- 5 March 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 (Cambodia) Garments Co., Ltd, with the firm investing US$2.1 million to buil...
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Vietnam Planning US$53 billion 30-year Airport Expansion
- 5 March 2021
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 2030 and 2050. New constructions include the new Long T...
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Cambodia, Singapore Officially Sign Agreement on Phnom Penh Logistics Centre Project
- 4 March 2021
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 project. Meanwhile, the Ministry of Public Wo...
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New Borey Project to Boost Economic Potential of Dangkor District
- 4 March 2021
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 over 20 hectares of land. Besides having many varie...
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Construction Complete for New National Laboratory in Chak Angrae Leu
- 4 March 2021
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. This new industr...
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