Projects Development
Refurbishment of Chroy Changwar Bridge Set to Finish Before Schedule
The renovation of Cambodia-Japan Friendship Bridge in Chroy Changva is set to finish before schedule, according to Mr Chhim Phalla, Director of the Department of Roads for the Ministry of Public Works and Transport (MPWT). Speaking with the Ministry of Information, Mr Phalla said that the project is 48% complete and it will finish before Khmer New Year in April, two months ahead of the set sche...
Read MoreBorey Tourism City in Siem Reap to Host a Customer Thank You Party
Borey Tourism City in Siem Reap Borey Tourism City by OCIC is hosting a lucky draw party to celebrate 70% of its 3rd and 4th phases selling out as well as to thank the customers who have always supported Tourism City since its first phase. To be held at 6pm-8pm on 16 July, the event will take place at the Borey Tourism City Sales Office in Siem Reap Province, where all attendees can have the...
Read MoreDutch Company to Develop Luxury Lotus Island on Phu Quoc
Lotus Island on Phu Quoc. Photo Credit: Royal Haskoning Dutch consulting engineer Royal Haskoning has been chosen to design an artificial island in Vietnam, according to a statement on the company’s website. The man-made island, in the shape of Vietnam’s national flower the lotus, will be located at the South East coast of Phu Quoc Island and will be part of a larger waterfront and coastal d...
Read MoreUS$15 million rice storage facility opens in Battambang Province
rice storage facility source Chea Chenda State-owned bank Rural Development Bank (RDB) inaugurated Cambodia’s biggest rice warehouse and drying facility on 3 July in Battambang Province according to the official post on Facebook. The warehouse is capable of stocking 200,000 tons of paddy rice while the drying facility can process up to 3,000 tons of rice daily. Built at a cost of US$15 milli...
Read MoreVietnamese Firm Plans for US$500 Million Steel Factory in Sihanoukville
A Vietnamese firm plans to invest US$500 million to build a steel factory in Sihanoukville Provincecapable of generating around 2 million tons of steel each year. The study plan was revealed during a meeting between Sihanoukville governor H.E Yun Min and Mr. Chu Quang Vu, manager of Research & Development for steel firm HoaPhat on 2 July 2018. Speaking during the meeting, Mr.Chu Quang Vu...
Read MoreUS$96 Million Phnom Penh-Poipet Rail Line Complete
Minister of Public Works and Transport H.E. Sun Chanthol this morning presided over on the soft launching ceremony of the rail line from Pursat to Phnom Penh, which concludes the final phase of the rehabilitation project of the entire 386 kilometre-long northwest railway line. The line from Pursat to Phnom Penh is 166km long and comprises of two sections including Pursat-Bat Doeng (134 km) and ...
Read MoreExpansion of National Road No.5 Between Chroy Chavar-Prek Pnov to Be Diverted
The project of expanding National Road 5 to four lanes from Chroy Changvar Bridge to Preak Pnov Bridge has been adjusted by changing the expansion plan to the Tomnob Kob Srov Dam route instead, which will be a new shortcut connecting National Road No. 4 to National Road No.5. The change was raised by Prime Minister Samdech Hun Sen during the inauguration ceremony of the Cambodia-China Friendshi...
Read MorePsar Dey Hoi Flyover Officially Inaugurated
Prime Minister Samdech Hun Sen presided over the inauguration ceremony and official opening of the Cambodia-China Sen Sok Friendship Overpass Bridge or Psar Dey Hoi Flyover on the morning of 2 July. Construction on the $17.5 million bridge was completed in May, and marked the fifth such flyover to be built in the capital. Stretching 942 metres long and 16.5 metres wide, the Asphalt Concrete (AC...
Read MoreTwo More Big Hotels Given Green Light in Sihanoukville
Sample Photo of Beach Resort Two property development companies have received the green light from the Council for the Development of Cambodia (CDC) to build luxury hotels in Sihanoukville, providing over 2,000 jobs. Nan Hai Real Estate Development Co. Ltd and Hein Li Properties Co. Ltd have received certificates of approval to build a five star and a four star hotel respectively. The CDC...
Read More970 Investment Projects Worth US$23 Billion Approved in the Past Five Years
The Council for the Development of Cambodia (CDC) has approved a total of 970 projects worth more than US$23 billion between 2013 and 2017, 35% of which is the infrastructure-related investment. According to the Ministry of Information, this amount comprises of both new and expansion projects, which on average has helped to create about 219,000 new jobs for local people a year. Infrastructur...
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