Projects Development
Arey Ksat Bridge Construction Set to Commence in Early 2025, Signaling Major Infrastructure Milestone
The commencement of the Cambodia-Korea Friendship Bridge Project is anticipated to take place at the genesis of 2025. Cementing the commitment to this significant infrastructure development within Cambodia, a meeting was held on 21 February 2024. HE Peng Ponea, the country’s Minister of Public Works and Transport, was joined by HE Park Jung-wook, the esteemed […]
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Cambodia’s Notable Factory Boom, 241 New, Amid Nearly 100 Closures in 2023
A considerable swell in Cambodia’s industrial landscape has been seen through 2023—a year marked by both substantial growth and notable challenges. According to the latest findings from the Ministry of Industry, Science, Technology, and Innovation (MISTI), the kingdom celebrated the launch of 241 new factories. Yet, it grappled with the closure of 98 industrial units, […]
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NR No. 10 Connecting Battambang-Koh Kong Progress Exceeds 77% Completion
Embarking on a transformative journey, the construction of NR No. 10, linking Koh Kong to Battambang via Pursat, has achieved a significant milestone, with over 77.81% of the colossal project now completed. This remarkable progress, revealed by Mr. Phorn Rim, the Ministry of Public Works and Transport’s spokesperson, on his Facebook page on 17 February […]
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Westports Holdings Explores External Investors for US$8.3bn Expansion Amidst Southeast Asia’s Port Race
Westports Holdings Bhd., Malaysia’s largest port operator, is contemplating the inclusion of external strategic investors to facilitate the funding of its ambitious 39.6 billion ringgit (US$8.3 billion) expansion. The plan involves nearly doubling the port’s capacity over the coming decades, positioning it as a key player in the competitive Southeast Asian port landscape, according to […]
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Banyan Group Unveils Ambitious US$2bn Luxury Residential Project in Phuket Amid Real Estate Resurgence
In a strategic move to capitalize on the resurging demand in the post-COVID-19 real estate landscape, Singapore-based Banyan Group has declared plans to construct the largest luxury residential venture on the pristine shores of Phuket, Thailand. As reported by Asia Nikkei on 1 February 2024, the US$2 billion Laguna Lakelands project is poised to set […]
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State-of-the-Art US$3m Maternity Ward Unveiled at Kantha Bopha Hospital in Siem Reap
The grand inauguration of the new maternity ward at the 7th Jayavarman Hospital in Siem Reap, known as Kantha Bopha III Hospital, took place on 14 February 2024. Valued at a staggering US$3 million, the cutting-edge facility aims to elevate maternal and infant healthcare standards in the province. HE Professor Chheang Ra, Minister of Health […]
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Expanding Coastal Charm: Kampot Plans Two New Beaches Following ASEAN Clean Tourism City Award
In the wake of clinching the prestigious 4th ASEAN Clean Tourism City Award in 2024, the Kampot provincial administration is unveiling ambitious plans for further development. According to the Kampot Provincial Information Department on February 15, 2024, the provincial authorities aim to create two additional beaches, marking a significant step in enhancing the region’s tourist […]
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University of Digital Economics, Veal Sbov Branch, Valued at Over US$6 Million, Officially Unveiled by PM Hun Manet
The University of Digital Economics and Technology, worth more than US$6 million, built on 6 hectares of land in Veal Sbov Village, Sangkat Veal Sbov, Khan Chbar Ampov, Phnom Penh, has been officially inaugurated. The grand inauguration of the University of Digital Economics and Technology’s new branch, an investment exceeding US$6 million, situated on a […]
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Phnom Penh Set to Become Pinnacle Destination for Investors & Tourists with Ambitious Infrastructure Project
In a strategic move to elevate Phnom Penh to new heights of allure for both investors and tourists, the Ministry of Land Management, Urban Planning, and Construction (MLMUPC), in collaboration with relevant ministries and institutions, is spearheading a groundbreaking infrastructure project. During the Inter-Ministerial Meeting on Infrastructure Management in Phnom Penh held on 13 February […]
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Transformative 2km Dang Kambit Reservoir Project Breaks Ground to Bolster Agriculture in Kampong Thom Province
A momentous occasion unfolded as the groundbreaking ceremony for the Dang Kambit Reservoir Development Project took place in Sre Khsach village, Dang Kambit commune, Sandan district, Kampong Thom province. Presided over by HE Tho Chetha, Minister of Water Resources and Meteorology (MoWRM), on 1 February 2024, this project marks a significant step toward advancing agricultural […]
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