Projects Development
Expansion of National Road 2 and 22 to begin in February
The multimillion-dollar expansion of National Road No.2 and No. 22, is scheduled to break ground in February, after many years of planning. The groundbreaking ceremony will be presided over by Prime Minister Samdech Hun Sen. According to the Ministry of Public Works and Transport (MPWT), the restoration section of National Road No.2 covers a total length of 62.56 kilometres, from Takmao roun...
Read MoreThai firm to invest in electronic component manufacturing project in Pursat province
Thai firm –Precise Electric Manufacturing Co Ltd—a subsidiary of Bangkok-based Precise Corporation, has unveiled its investment plan to establish an electronic compliance factory in Krakor district, Pursat province. Pursat governor Mao Thonin said on 29 January that the company has asked for support from Pursat Provincial Hall on the project to ease the implementation procedures. Quoted on t...
Read MoreFoundations complete on first Fairfield by Marriott Hotel in Cambodia, expected to open by 2022
Foundations on the first Fairfield by Marriott international hotel project in Cambodia have been completed with the hotel expected to open in early 2022. According to Mr Ken Nhan, Director of New Business Development of Chip Mong Group, the company in charge of the project, the construction process has been going smoothly and will be completed as scheduled. “After breaking ground last year, ...
Read MoreHyatt Regency hotel Phnom Penh 90 percent complete, expected to open by this year
Construction of Cambodia’s first Hyatt Regency Hotel in downtown Phnom Penh is currently 90 percent completed and is on schedule to open by the year 2020. An executive staff responsible for this project told Construction & Property Magazine that the project is going well following the schedule. After completing the building structure in April last year, the construction team is currently...
Read MoreCambodia’s first oil production expected in mid-2020
The first drop of oil to be extracted from Cambodia’s offshore oil field territory is closer to reality as the responsible firm KrisEnergy recently cut the first steel for the Apsara oil platform. According to a press release from KrisEnergy Ltd, the first steel cutting ceremony was held to mark the significant completion progress of the Mini Phase 1A wellhead platform for the Apsara oil field ...
Read MoreGround broken on new MLMUPC building in Sen Sok
The ground was broken on the new Ministry of Land Management, Urban Planning, and Construction (MLMUPC) headquarters in Sen Sok district on the morning of 28 January, which will replace the current building on Monivong Boulevard. Located in Khmuonh commune, Sen Sok district, in the northern area of Phnom Penh, the new five-storey building will be designed in Khmer style architecture. The new HQ...
Read MoreIndustry Ministry urges Japanese to invest in clean water supplies
The Ministry of Industry and Handicrafts has encouraged Japanese investors to invest in the clean water sector in Cambodia to increase access to sustainable clean water services for all citizens as soon as possible. Investment in the clean water sector will partly contribute to the government’s policy to connect 100% of urban and rural areas with clean water by 2025. Speaking at the Cambodia...
Read MoreMalaysian firm to invest US$20million in Bavet solar power plant
Astoria Solar Farm Sdn Bhd (ASF), a subsidiary of leading Malaysian integrated electrical power technology company Pestech, has recently announced its plan to invest US$20 million in a solar farm project in Bavet city, Svay Rieng province, after acquiring a stake from a local Cambodian company. According to a press release from the firm, ASF has acquired a 94% stake in Green Sustainable Venture...
Read MorePhnom Penh to have priority bus lane by October
Phnom Penh Municipality has recently announced its plan to launch a priority public bus lane on Monivong Boulevard in October, with the aim of reducing traffic congestion as well as to improve the city’s infrastructure system. The announcement was made on 17 January during a meeting between Phnom Penh Governor H.E Khoung Sreng, together with representatives of the Japan International Cooperatio...
Read MoreConstructions along Mekong riverbank at risk of collapsing due to excessive sand mining
Geo-environmental researchers have recently revealed that Mekong riverbanks, especially in Cambodia, are prone to collapsing due to the excessive sand mining driven by the high demand for sand in the construction sector. According to the report by The Science Times, the research team from the University of Southampton discovered that sand mining is the leading cause of the Mekong riverbanks ins...
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