Projects Development
Construction of Standardized Landfill in Svay Rieng officially Begin
The construction of the new standardized landfill in Svay Rieng province officially began on 16 December with the groundbreaking ceremony presided over by Secretary of State of the Ministry of Environment HE Chay Samith. Located in Ok Neak Village of Sangkat Sangkor, the landfill is being built on an area of 46,200 square meters. The […]
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Pestech Inks MoU to Build Two Solar-Based Assets in Cambodia
Locally-listed Pestech (Cambodia) plc (PCL), the subsidiary of Malaysia-based International Bhd, had signed a memorandum of understanding (MoU) with Attwood Investment Group Co Ltd (AIG) to collaborate on the development of two feasibility studies on the construction or ownership and operation of solar-based assets in Cambodia. In a filing to Bursa Malaysia on December 15, […]
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ADB Assists Cambodia on Energy Transition Programme
The Asian Development Bank (ADB) has approved a sector development programme that combines a US$50 million policy-based loan package with US$23 million in project investments to support the energy transition of Cambodia According to a press release issued on 15 December, the Energy Transition Sector Development Program includes ADB’s first comprehensive policy reform package for […]
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Gov’t Plans to Build US$200m Bridge Connecting NR1, Lvea Em & PP-Bavet Expressway
The Cambodian government plans to build a new US$200-million bridge connecting NR1 to Lvea Em and to the upcoming Phnom Penh-Bavet expressway. Prime Minister Samdech Hun Sen said on 12 December that passengers can cross this bridge free of charge from NR1 to Lvea Em and especially to the new Phnom Penh-Bavet expressway. “Since the […]
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Australia Provides US$65m Fund for Development in Four Key Sectors in Cambodia
The Australian Embassy in Cambodia has provided US$65 million in grants to help develop four key sectors over a five-year period (June 2022 to June 2027). The agreement signing ceremony for the Cambodia-Australia Partnership for Resilient Economic Development (CAP RED) Program was held on 12 December. The grant will focus on four key areas including […]
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Construction of Arey Ksat Bridge Set to Begin by End 2023
The Cambodia-Korea Friendship Bridges Project (Old Market – Chroy Changvar & Chroy Changvar – Arey Ksat) is set to begin construction by the end of 2023 as the legal procedures of the project are yet to be completed. The timeline was confirmed by a spokesman for the Ministry of Public Works and Transport Heang Sotheayuth […]
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PM Hun Sen Commits to Building Two More Expressways PP – Bavet & PP – Siem Reap
Prime Minister of Cambodia Samdecho Hun Sen said that the Royal Government will build two more expressways, Phnom Penh – Bavet and Phnom Penh – Siem Reap. “We will try to build another expressway connecting Phnom Penh to Bavet on the Vietnamese border,” read a post on his official Facebook page while he was travelling […]
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S. Korea Provides US$70m Concession Loan for Grid System Enhancement in Cambodia
The South Korean government has provided US$70 million in a concession loan for a grid system improvement project in Preah Sihanoukville province. The loan agreement was signed on December 9 by HE Aun Pornmonyroth, Deputy Prime Minister and Minister of Economy and Finance and Ms Minnie Chey, Country Director of Korea Economic Development Cooperation Fund […]
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S. Korea Provides US$2bn Loan to Cambodia for Key Infrastructure Development
The Government of the Republic of Korea has provided concessional loans of nearly US$2 billion to build two key infrastructures and boost the overall economy. The signing ceremony took place on 9 December with Cambodian Prime Minister Samdech Hun Sen. One part of the loan worth US$245,909,000 will be used for the construction of the […]
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Phnom Penh Court of Appeal to be Relocated to OCIC Development in Early 2023
The Phnom Penh Court of Appeal and the Phnom Penh Prosecutor General of the Phnom Penh Court of Appeal will be relocated from the premises of the Ministry of Justice on Samdech Sothearos Blvd to a new location in the OCIC development area. According to an announcement by the Court of Appeal of Phnom Penh […]
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