Projects Development
PM reallocates US$5-million leftover budget from Sihanoukville to renovate Siem Reap River sidewalk
The US$5 million remaining budget from the 34-road restoration project in Sihanoukville will be used to renovate 9km of sidewalk along Siem Reap River, in addition to the 38-road construction project. Prime Minister Samdech Hun Sen decided to reallocate this budget during the ground-breaking ceremony of the 38-road renovation project in Siem Reap on 30 November. (Read more) "I previously rea...
Read MorePhnom Penh’s First Hyatt Regency Hotel to Open Next Year
The US$200-million five-star hotel Hyatt Regency Phnom Penh is set to open early next year, while the managing firm Chip Mong Group recently held a blessing ceremony. A Blessing Ceremony of the hotel was held on 26 November presided by the top executives of the Chip Mong Group including, Neak Oknha Pheap Heak, Neak Oknha Leang Khun, and Neak Oknha Leang Meng. According to the Hyatt Regency P...
Read MoreGround Broken on US$30 million SME Cluster Zone in Ta Khmau
Worldbridge Industrial Developments Co., Ltd., a subsidiary of the WorldBridge Group, this morning broke ground on a US$30-million industrial 4.0 SME Cluster zone in Kandal province. The groundbreaking ceremony was presided over by the Minister of Science, Technology and Innovation HE Cham Prasidh and founder and chairman of WorldBridge Group Oknha Sear Rithy. The project is located on 6 he...
Read MoreRoyal Group to Build Special Economic Zone on Over 10,000ha of Land in Koh Kong
The Koh Kong Provincial Administration has agreed in principle to allow the Royal Group to build a Special Economic Zone (SEZ) in Koh Kong province in response to the firm’s proposal. According to the Koh Kong Provincial Administration official meeting on 23 November, the team is currently studying and determining the proper location for the project. The project will be built on over 10,000 ...
Read MoreConstruction of 400-megawatt Power Plant in Kandal Complete in December
The construction of a 400-megawatt power plant in Lvea Em district of Kandal province is now 95% complete and is scheduled to go online by mid-December this year, according to Minister of Mines and Energy HE Suy Sem during his inspection on 26 November. Run by diesel and gas, this power plant was once scheduled to go online in August. However, it was later delayed due to the slowdown in constru...
Read MoreGovernment Comparing Phnom Penh-Bavet Expressway Studies by Japan and China
The Ministry of Public Works and Transport is still considering and comparing the studies of Phnom Penh-Bavet expressway project by both China and Japan, according to the Ministry of Public Works and Transport's spokesman HE Vasim Sorya last week. According to him, China Railway International Group Co., Ltd presented three designs for construction of this expressway in September. (Read more) ...
Read MoreUS$9 million Brick Factory Opens in Kampot
An automated brick and plaster factory has been officially inaugurated in Kampot province, adding more supply to the local brick market amid the rapid growth of the construction sector. The inauguration ceremony was held on 22 November under the presence of HE Chev Tay, governor of Kampot province. Located in Tany commune, Angkor Chey district, the Phnom Meas factory was built on over 40 hec...
Read MoreOver 113km of Flood-damaged Roads Nationwide Fixed
Over 113km of Flood-damaged Roads Nationwide Fixed The government has thus far repaired over 112km of roads nationwide, after over 3,000km of infrastructure were damaged by floods in recent months. Ministry of Rural Development spokesman HE Chan Daron revealed this information during a press conference on 24 November. "So far, we have made emergency repairs to reconnect 111.55 kilometres ...
Read MoreUS$91 million Needed to Fix Flood-damaged Roads
The Cambodian government has estimated that approximately US$91 million is needed to repair over 3,000km of flood-damaged infrastructure. However, as of 24 November, the Ministry of Economy and Financed has approved only US$15 million for three prioritised provinces. Ministry of Rural Development spokesman Chan Daron revealed this information during a press conference on the morning of 24 Novem...
Read MoreChinese Firm to Build US$1.1 billion Coal-fired Power Plant in Koh Kong
Chinese firm Sinosteel Engineering & Technology last week signed an agreement with Botum Sakor Energy to build a US$1.1 billion 700-megawatt coal-fired power in Koh Kong, according to yicaiglobal.com. Sinosteel Equipment & Engineering will receive the money and take charge of the design, procurement and supply of the equipment and materials as well as construction and commissioning serv...
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