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ខ្មែរ Projects Development
Construction Sector Contributes 11.5 % to 2018 Economic Growth Forecast
- 17 June 2018
Cambodia’s economic growth has been revised to 7% by the National Bank of Cambodia (NBC) with the construction sector making a positive contribution to the overall growth. According to the NBC semi-annual report, Cambodia’s economy is forecast to grow at 7 %, with the construction sector alone contributing 11.5%, exports at 11.6% while tourism at 12.5%. Speaking of the positive economic grow...
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Two Chinese Firms Plant to Invest in the Satellite System and Coal-fired Power Plant
- 14 June 2018
Representatives from two Chinese firms had met with Commerce Minister H.E Pan Sorasak yesterday to disclose their plan to invest in coal-fired power plant and satellite system in Cambodia. According to the Ministry of Commerce (MoC), Mr Liang Shan, deputy director of Shanghai Electronic Communication Technology Co., Ltd said that his company wants to invest in the coal-fired power plant in the ...
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WB Provides US$110m Loan to Enhance National Road No.4
- 13 June 2018
The World Bank has officially granted a loan of US$110 million to enhance Cambodia’s road connectivity following the signing of agreements yesterday, according to the official press release. On 12 July 2018, the Royal Government of Cambodia and the World Bank signed agreements on two projects; the Higher Education Institutions Capacity Improvement Project (HEICP) worth US$90 million; and the Se...
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Cambodia Ready for Global Casino Industry
- 12 June 2018
Aerial view of Naga World casino in Phnom Penh Cambodia is fast becoming an attractive target for global casino industry brands, according to Andrew Klebanow, senior partner at Las Vegas-based business consultancy Global Market Advisors LLC. “The potentials include an expanding domestic economy, growing tourism, rising investment from China, and the prospect of a casino law to provide the ba...
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CDC Approves Another Stainless Steel Pipe Factory Project in Sihanoukville
- 11 June 2018
The Council for the Development of Cambodia (CDC) has recently given a permit to Robustahl Co., Ltd to invest USD$1 million in a stainless steel pipe plant in Sihanoukville. This new stainless steel tube factory will be located in the Sihanoukville Special Economic Zone, and the establishment of the factory will create at least 552 jobs for locals. Last month, the CDC also approved a request...
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Cambodia Receives Aid From Adb for 22 Rural Roads
- 10 June 2018
The Asian Development Bank (ADB) has signed a deal with the government of Cambodia to provide US$66 million financing to build 22 rural roads in five provinces across the kingdom. The Financing Agreement was signed on 6 July between Cambodia’s Senior Minister and Minister of Economy and Finance H.E.Aun Pornmoniroth and the Acting Country Director of Cambodia Resident Mission of the Asian Develo...
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Cambodia’s MLMUPC Mordernises Land Titles With Qr Code
- 8 June 2018
H.E. Lor Davuth is captured from a video clip of MLMUPC. Cambodia’s Ministry of Land Management, Urban Planning and Construction has officially announced the introduction of the new land title with a QR code, an upgrade to help ease the management of databases of the General Department of Topography and Geography, give fast access to the information and effectively put to an end of fake land ti...
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Construction Safety Handbooks Campaign Goes Nationwide
- 7 June 2018
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) in cooperation with Cambodia Constructors Association (CCA) are currently working on a nationwide campaign to educate on-site construction workers, construction companies, as well as related government officers safety instruction. The campaign is being done through the newly published construction safety handbook and the ...
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Cambodia’s First Skytrain Ready for Sea Games 2023
- 7 June 2018
The role model of sky train oversea Construction on Cambodia’s first ever sky train, running from Central Market to Phnom Penh International Airport, is expected to start soon after the feasibility study by the Japan International Cooperation Agency (JICA) with the expectation that it will be operational before the SEA Games 2023, according to an official from the Ministry of Public Works and T...
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