Projects Development
Laos to Build US$2bn Wind Power Project for Domestic Supply & Export
The Laos Government and relevant energy companies plan to spend over US$2 billion to establish a wind power project in Sepon district of Savannakhet province for domestic supply and exporting to Vietnam. The Laos government and two private firms—Savan Vayu Renewable Company and LTM Lao Company —have recently signed an MoU to examine the possibility of wind power projects in the region, reported...
Read MoreNew Investment Project Worth Over US$5.6m Approved for Phnom Penh
The Council for the Development of Cambodia (CDC) has given a permit to a private firm to invest over US$5.6 million to establish a new factory in Phnom Penh. The permitted firm is MI QI (CAMBODIA) GARMENT CO., LTD, which will build a new garment factory located in Chrey Kaong Village, Sangkat Choam Chao II, Khan Por Senchey, Phnom Penh. According to CDC, this project will create 1,886 jobs ...
Read MoreGov’t Turns SR Sewage into Tourist Attraction
One of the main sewage systems in Siem Reap has been transformed into a new walking area with flower gardens on both sides to serve as a public park and tourist attraction. HE Chea Sophara, Deputy Prime Minister and Minister of Land Management, Urban Planning, and Construction, led the team to inspect the site on 15 September. “This is a creative and effective project of the government in tu...
Read MoreOver 500 Solar Lights Installed & Put into Operation in Kandal
A total of 538 solar light poles worth over US$100,000 were officially inaugurated in Kandal province on 15 September. Located in Ta Ek commune in Khsach Kandal district, the light poles were built by Saron Group, with construction starting in June 2021 and completed in September 2022. HE Dith Tina, Secretary of State of the Ministry of Mines and Energy, stated that the installation of solar...
Read MoreSamsung 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 South Korea's Samsung Group. Sangley Airport...
Read MoreConstruction 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 of the Secretariat of State for Civil Aviation, on 12 September. ...
Read MoreDubai 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. The structure wi...
Read MoreConstruction 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 also feature two 450MW gas-fired power p...
Read MoreMOI 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 request to build small water treatment plants is for people living in rural or remote...
Read MoreThree 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 establish a garment factory located in Trapeang ...
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