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ខ្មែរ Projects Development
OCIC Developing “Second Diamond Island” on Koh Norea Area
- 5 December 2019
Overseas Cambodia Investment Corporation (OCIC) is developing a new satellite city, known as the second Koh Pich or Diamond Island in the Koh Norea area. OCIC Chairman Okhna Pung Kheav Se said that the company is filling the area with sand on the Koh Norea area in Chbar Ampov district adjacent to Koh Pich island stretching to the east near Kean Svay district. It is a new development for the ...
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Japan Provides US$22 Million on Cambodia’s Clean Water Project
- 4 December 2019
The Japanese government through the Japanese embassy to Cambodia has decided to provide US$22 million in aid to Cambodia for the implementation of the project for the expansion of the water supply system in Pursat province. The money will be used to build a water treatment plant and a clean water supply system in the province. The Exchange of Note of Japanese government’s grant aid was signe...
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Thai Firm Invests in 30MW Solar Project in Banteay Meanchey
- 4 December 2019
Ministry of Mines and Energy is checking the legal procedure on a share purchase agreement of a 30 MW solar project in Banteay Meanchey province. The checking has been made after Thai firm B.Grimm entered into a share purchase agreement to acquire all shares in Ray Power Supply Co., Ltd, with the total share value of US$300,000, according to PV Tech website. Under the agreement, the B. Grimm...
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135 MW coal-fired power plant in Stung Hav to come online this December
- 3 December 2019
A coal-fired power plant in Stung Hav with the capacity to produce 135 MW is scheduled to start operating this December. The power generated from the plant will play an important part in solving the current power shortage. A senior government official in charge of the power sector said that the plant is the result of an investment by Leader Energy Holdings, an energy company from Malaysia using...
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At least 3 die, dozens injured in collapsed pagoda in Siem Reap
- 3 December 2019
A pagoda temple building under construction in Siem Reap city collapsed on Monday 2 December, injuring about 20 workers. Local authorities said that the building collapsed in Prasat Kokchak pagoda in Koukchak commune at about 2pm today. At least three people were found dead in the collapsed pagoda building, police said. The victims are workers who are villagers working at the construction...
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Japan to Support Smart City in Hanoi
- 30 November 2019
Vietnam’s prime minister, Nguyen Xuan Phuc presided over the signing of an agreement in October between Japanese company Sumitomo and Vietnamese developer BRG Group to develop a smart city in Hanoi. The $4.2 billion “smart city” will be built on a 272ha site in Dong Anh district in northern Hanoi. The first phase will see the construction of 7,000 apartments and houses and eventually hospita...
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Germany finances US$74 million for developing kingdom’s rural infrastructure
- 29 November 2019
Germany has provided approximately US$74 million for the development of rural power supply projects and rural roads in Cambodia, the Ministry of Economy and Finance stated in a press release on 28 November. H.E Aun Pornmoniroth, Minister of Economy and Finance signed two agreements with German Ambassador Christian Berger. The first one is an agreement to finance energy efficiency projects for r...
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South Korea to increase loans to support infrastructure in Cambodia
- 28 November 2019
During the ASEAN-Republic of Korea Commemorative Summit on 25-25 November in Busan, H.E Prak Sokhonn, Minister of Foreign Affairs and International Cooperation, thanked South Korea for its contribution to infrastructure development by increasing financial loans from US$350 to US$700 million for 2019-2023, according to AKP. During the bilateral meeting, Cambodia and the Republic of Korea signed ...
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Urban Village wins award for ‘Best Condo Development’ in Asia from PropertyGuru
- 28 November 2019
Urban Village by Urban Hub (Cambodia) Co.,Ltd has been the only Cambodia applicant to win one of Asia’s longest-running and most respected real estate awards, the PropertyGuru Asia Property Awards. Held at The Athenee Hotel, Bangkok in Thailand, the 14th PropertyGuru Asia Property Awards represented major winning titleholders and included the award for ‘Best Condo Development’ in Asia for Urban...
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SCG, Labor Ministry Launch 2nd National Contractor Competition to Upskill Local Builders
- 28 November 2019
Phnom Penh, Nov 27, 2019 – SCG, an ASEAN leading conglomerate, today kicked off the second SCG National Contractor Competition in collaboration with Cambodia’s ministry of labor and vocational training and a number of leading vocational training schools. Some 40 contractors, selected from among over 200 contractors who took part in provincial rounds of competitions organized by SCG and its part...
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