Projects Development
MPWT: Talks Continue on Korea-funded Chroy Chongvar–Svay Chrom Bridge
The Ministry of Public Works and Transport (MPWT)’s spokesman Vasim Sorya said that talks between Cambodia and South Korea on the Chroy Chongvar-Svay Chrom Bridge are underway. HE Vasim Sorya said on 25 February that at this point, the talks between the two sides mainly focus on technical matters, while other details will be studied later. “Details such as the construction timeline and the e...
Read MoreSpain Mulls Building World’s Largest Floating Wind Farm
Spanish utility Iberdrola is considering investing over US$1.2 billion in a 300MW floating windfarm northwest of Spain and is currently seeking funds from the EU’s Next Generation programme, reported GCR. The scheme is expected to begin this year and become operational by 2026. If approved, it would be the largest floating wind farm built so far and would create more than 2,800 jobs. The fir...
Read MoreChina to Build Philippines Cargo Rail Link in Largest Project Yet
The government of the Philippines has signed an agreement with China to build a major cargo rail link on the main island of Luzon. Budgeted at approximately US$940m, the Subic-Clark railway project is to be financed by a yet-to-be-negotiated loan from China and will be the largest and most expensive government to government project yet between the two countries. The 71-km, single-track cargo...
Read MorePrivate Firm Proposes 3-hectare Wastewater Treatment Plant in New Sihanoukville SEZ
A private company is studying the impact of a project to build four wastewater treatment plants on 3 hectares of land in a new Sihanoukville Special Economic Zone, according to a meeting between Sihanoukville Deputy Governor Chhin Seng Nguon and the firm on 23 February. This project was proposed by RTM Green Consultancy Co, Ltd with Ms Lok Kim Hiek as its representative. If approved, the projec...
Read MoreConstruction of New Kampong Speu Administration Hall to Finish by End 2021
Construction of the new Kampong Speu provincial administrative hall is scheduled to be completed by the end of 2021, according to an announcement on 24 February. This new provincial hall is a 4-storey building designed in the traditional Khmer architectural style. With the ground broken in May 2017, this hall will become another provincial achievement once completed. Recently, the provincial...
Read MoreNagaCorp to Conduct Further Study Before Launching US$350 million Siem Reap Resort
NagaCorp Chairman Tim McNally said that his firm will carefully study further, closely cooperate with the local government, and take into account various views before developing the US$350- million non-casino resort in Siem Reap, according to the GGRAsia on 22 February. McNally’s comment came in response to the recent UNESCO’s concern that the non-casino resort by NagaCorp could cause negative ...
Read MorePM Hun Sen Postpones Hyatt Regency Phnom Penh Grand Opening Ceremony
Prime Minister Samdech Hun Sen has postponed this schedule to chair the Hyatt Regency Phnom Penh grand opening ceremony on 26 February, given the recent surge in the community transmission or known as the ‘20 February Community Incident, reported the Ministry of Information. The five-star hotel Hyatt Regency Phnom Penh finished its construction in late 2020 and has already opened for service si...
Read MoreNew US$1.5 billion Phnom Penh Airport Set for 50% Completion by End 2021
Chairman of renowned local conglomerate Overseas Cambodia Investment Corporation (OCIC) Neak Oknha Pung Kheav Se said that OCIC aims to have the construction of the new US$1.5 billion Phnom Penh International Airport 50% complete by the end of 2021. Neak Oknha Pung Kheav Se told Construction & Property Magazine earlier this month that according to the plan, the construction will be at least...
Read MoreJapan Provides US$2-million Grant Aid to Help Repair Flood-Damaged Infrastructure
The Japanese government has provided grant aid of approximately US$2 million to help repair damaged infrastructure caused by severe flooding in October last year. Speaking at the aid signing ceremony on 22 February, the Ambassador of Japan to Cambodia HE Mikami Masahiro said that the US$2 million fund will be provided through the World Food Program. He continued that this assistance will sup...
Read MoreNew Convention Centre to Open on NR1 in Early 2022
A new convention centre by Peng Huoth Group- PH Grand Hall - is set to open in the Boeung Snor area along NR1 in early 2022. Located 2km from the Monivong Bridge in Borey Peng Huoth Grand Star Platinum (Boeung Snor), the project is a five-star convention centre that upon completion can accommodate thousands of guests for conferences, exhibitions, weddings, and other gatherings. The Boeung Sn...
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