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ខ្មែរ Projects Development
30-megawatt Solar Power Plant in Pursat Goes Online
- 22 September 2020
A 30-megawatt solar power station in Pursat province has started generating power to the national grid, while three other approved projects are set to generate power by late 2020. Located in Krakor district, the project was approved by the government in April last year, and implemented by Schneitec Infinite Co Ltd with an investment value of US$29 million. The power from the station has been...
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US$17 million Steel Recycling Plant to Open in Kampong Speu
- 22 September 2020
A steel-processing plant, which uses recycled steel and metal scraps to produce finished steel products, is soon set to open in Kampong Speu province to help contribute to domestic supply and reduce steel imports. Located in Oudong district, the US$17 million project is to be an investment by Chinese firm Hong De Sheng (Cambodia) Steel Co., Ltd. The firm will use the metal scraps collected from...
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Myanmar Divides “New Yangon” To Generate Investor Competition
- 21 September 2020
Photo by UK-ASEAN Business Council The government of Myanmar has divided its “New Yangon City” commercial development project to generate competition against the giant Chinese-government backed contractor responsible. New Yangon City was planned as an 8,100-hectare industrial-commercial zone on the Yangon River costing around US$8bn. Conceived by Aecom, two bridges, a 13-sq-km industrial es...
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Finnish Company to Operate 200-MW Solar Power in Cambodia
- 21 September 2020
Finnish technology company Wärtsilä has signed an agreement with Electricite du Cambodge (EDC) on the C7 power plant project in Phnom Penh, to maintain a five-year supply of electricity in Cambodia, according to the Power Engineering website on 17 September. Under this agreement, a supplier of electrical engineering SchneiTec will be in charge of implementing the project. The agreement aims ...
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Urban Village Signs MoU with GRA to Boost Sales Amid COVID-19
- 15 September 2020
Urban Village signed a memorandum of understanding with the Global Real Estate Association (GRA) on 14 September to strengthen its sales amid the COVID-19 crisis. Founder and CEO of Urban Village Real Estate Development Company Mr Ben Li told Construction & Property Magazine that, “The MoU will allow GRA to focus on Urban Village Condo Sales and Urban Village will support GRA on events.” ...
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Kampot Studying Centralised Administrative Area and New Stadium Project
- 15 September 2020
Sample Picture Cambodia Prime Minister Samdech Hun Sen has ordered the Kampot Provincial Administration to study the feasibility of organising a centralized administrative area and constructing a new stadium in the province. Kampot Governor Cheav Tay said on 12 September that the team is actively working on this request, and the result will be presented to PM Samdech Hun Sen upon completion....
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HLH Group Acquires 1.2-hectare Plot in Toul Kork for New Mixed-Use Development
- 14 September 2020
Public Housing Development (Cambodia), a subsidiary of real estate firm Hong Lai Huat (HLH) Group, has inked a deal with Lao Channara to acquire a 1.2-hectare land plot in Toul Kork district for its new mixed-use development. According to The Business Times, the two firms entered an agreement on 11 September, with a purchase price of US$22.5 million. Hong Lai Huat group said that this deal i...
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NR3 renovation project 80% complete
- 11 September 2020
The renovation of National Road 3 is now 80% complete. The working team is currently installing the road median and pedestrian bridges. According to the ministry's site inspection on 10 September, the road medium is built at different lengths depending on different areas. There will be a u-turn point every 1.5km to 2km for the road sections outside of towns, and every 400m to 700m for the se...
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Vietnam Approves US$9.3bn Can Gio Tourist City Development
- 11 September 2020
A US$9.3bn housing and tourist resort at Can Gio has been approved for development by the government of Vietnam. The planned development is situated on a 760-sq km mangrove forest 40km south of Ho Chi Minh City (HCMC) and is being led by the Can Gio Tourist Urban Joint Stock Company, a subsidiary of Vinhomes, the second-largest public company in Vietnam. The showcase Can Gio Tourist City wil...
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New US$6-million Cambodia-Vietnam Border Checkpoint in Svay Rieng Opened
- 10 September 2020
A new US$6 million ‘Prey Vor’ Cambodia-Vietnam border checkpoint in Svay Rieng province is now temporarily open for service while awaiting official inauguration, according to Minister of Public Works and Transport HE Sun Chanthol on 10 September. As part of the opening, the government is currently setting up relevant procedures to facilitate all goods to cross between Cambodia and Vietnam via t...
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