Projects Development
Samsung Group Wins Bid on US$11bn Airport Project in the Philippines
Samsung Group and European subsidiaries have won bids for an US$11-billion airport project in the Philippines, on which China bid only US$10 billion. According to Nikkei Asia on 15 September, Sangley Point Airport is located south of Manila in Cavite Province, the Philippines. It will be built by the SPIA Development Consortium, a subsidiary of […]
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Construction of New Siem Reap International Airport 40% Completed as of September
Construction of the new Siem Reap Angkor International Airport has been 40% completed by September, while the developer is aiming for 70% completion by the end of 2022. The progress of the construction of the new international airport in Siem Reap was mentioned during a site inspection led by HE Mao Havannal, Minister in charge […]
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Dubai Mulls Building Massive Space-Age Ring to Encircle World’s Tallest Building
An experimental architecture firm ZNera Space has proposed a conceptual design of a space-age ring structure to encircle the world’s tallest skyscraper the Burj Khalifa, according to CNN. Known as Downtown Circle, the project is a massive five-storey circular structure showcasing urban planning in a wildly ambitious design combined with a series of mesmerizing illustrations. […]
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Construction Begins on Vietnam’s US$520-million Industrial Park
Construction has begun on a 10-sq-km industrial park in Vietnam’s southern province of Binh Thuan with a ground-breaking ceremony attended by Prime Minister Pham Minh Chinh. The construction will cost US$520 million and the park will serve sectors ranging from building materials to food processing when complete in 2025, according to GCR. The park will […]
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MOI Requests ADB to Build New Water Treatment Plants in Rural Areas
The Minister of Industry has requested the ADB to help build new water treatment plants to supply clean water to people living in rural areas. According to the meeting on 7 September 2022, the proposal was made by HE Cham Prasidh, Minister of Industry at a meeting to review the progress of ADB projects. The […]
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Three Investment Projects Worth Over US$16.5m Approved for Kampong Spue province & PP
The Council for the Development of Cambodia (CDC) has decided to issue investment registration certificates with a total capital of more than 16.5 million US dollars to establish three factories in Kampong Speu and Phnom Penh. These private companies include: The first firm is CHINA TING (CAMBODIA) FASHION CO., LTD which will invest US$5.6m to […]
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Five Investment Projects Worth Over US$44m Approved for SHV & PP
The Council for the Development of Cambodia (CDC) has given permission to private firms to invest US$44.4 million in establishing five factories in SHV province, and Phnom Penh. The first firm is Toyota Tsusho Manufacturing (Cambodia) Co., Ltd, which will invest US$36.7 million to establish an assembly plant in the Royal Group Phnom Penh Special […]
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CDC Approves 149 Japanese Investment Projects as of August 2022
The Council for the Development of Cambodia (CDC) has approved 149 Japanese investment projects with a total investment of about US$2.9 billion as of August 2022. The report was presented at the 24th Meeting of the Cambodia-Japan Joint Committee held on 7 September. The event was co-chaired by CDC Secretary-General HE Sok Chenda Sophea and […]
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New Phnom Penh Police Commissariat Buildings Worth Over US$14m Inaugurated
Two new Phnom Penh Police Commissariat Buildings worth over US$14 million were officially inaugurated under the presidency of Deputy Prime Minister and Minister of Interior Samdech Sar Kheng on 8 September. The first building is an administrative building that is 40m wide and 50m long with a total area of 20,000sqm and 10 floors. The […]
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Developer to Establish Zero-Carbon, Car-Free City in Kuwait
Dubai-based developer URB plans to build a zero-carbon, car-free city in Kuwait to accommodate up to 100,000 residents, according to GCR. Located on a 16-sq-km site, south of Kuwait, the city named XZero would recycle all its water and waste. The city will host over 30,000 homes powered by renewable energy and fitted with sensors […]
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