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ខ្មែរ Projects Development
ADB Assists Cambodia on Energy Transition Programme
- 15 December 2022
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 the energy sec...
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Gov’t Plans to Build US$200m Bridge Connecting NR1, Lvea Em & PP-Bavet Expressway
- 14 December 2022
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 bridge is part of the new Phnom Penh-Bavet expressway, pass...
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Australia Provides US$65m Fund for Development in Four Key Sectors in Cambodia
- 13 December 2022
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 Infrastructure, trade and investment, ag...
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Construction of Arey Ksat Bridge Set to Begin by End 2023
- 12 December 2022
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 on 12 December. Mr Sotheayuth said there is still no clear infor...
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PM Hun Sen Commits to Building Two More Expressways PP – Bavet & PP – Siem Reap
- 9 December 2022
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 on the first expressway from Phnom Penh to Sihanoukville on 9 December. ...
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S. Korea Provides US$70m Concession Loan for Grid System Enhancement in Cambodia
- 9 December 2022
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 for Cambodia. Cambodian Prime Minis...
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S. Korea Provides US$2bn Loan to Cambodia for Key Infrastructure Development
- 9 December 2022
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 Cambodia-Korea Friendship Bridge Project (Old Market-Chro...
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Phnom Penh Court of Appeal to be Relocated to OCIC Development in Early 2023
- 8 December 2022
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 on 8 December, the relocation will take place on 9 January 2023. The new location will the...
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Construction US$20m Takhmao Water Supply Facility to be Completed in 2024
- 7 December 2022
The construction of the US$20 million Takhmao water supply is scheduled to be completed as planned in December 2024, according to a site inspection on 6 December 2022. According to HE Cham Prasidh, Minister of Industry, Science, Technology and Innovation, this project will tackle the shortage of clean water in Phnom Penh and Takhmao, and will especially help fulfil the demand for clean water s...
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Construction of US$35 million Russey Keo bridge 89% Complete
- 5 December 2022
As of early December, the construction of the Russey Keo cable bridge across the Tonle Sap River has been 89% completed, according to the Department of Public Works and Transport of Phnom Penh on 5 December. Worth US$35 million, the new concrete cable-stayed bridge across the Tonle Sap is 20.5 metres wide and 500 metres long. The project is scheduled to be completed in April 2023. (Read more)...
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