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ខ្មែរ Projects Development
Sokha Hotel Company Expands Investment on Over 10,000 Hectares on Bokor Mountain
- 12 July 2022
The Sokha Hotel Company of Oknha Sok Kong has proposed expanding its investment on 11,177 hectares located in the Monivong Bokor National Park, according to a decision of the Ministry of Land Management, Urban Planning and Construction. To date, the inter-ministerial working group, with members from MLMUPC, Environment, Tourism and other stakeholders, are studying, checking and evaluating the e...
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Thailand Pledges to Finish US$12 Billion High-Speed Rail Link to China by 2028
- 9 July 2022
Thailand has pledged to complete its part of a much-delayed high-speed rail system linking the country to China through Laos by 2028, which is a link to Yunnan, China via Nong Khai, Laos, according to Bloomberg published on 06 July 2022. Thailand will complete the first of two stages of construction, and expects a test run by 2026 and the official launch the following year, budgeted at US$12 bi...
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EU Plans Investment in World’s Tallest Dam to Dent Russia’s Energy Clout
- 7 July 2022
The European Union plans to become the top investor in the world's tallest dam in Tajikistan, EU officials told Reuters, in a move aimed at helping Central Asia cut its reliance on Russian energy and part of the EU's answer to China's Belt and Road Initiative. The Rogun Dam is expected to cost around US$8 billion, of which US$3 billion has already been spent, the Tajik energy minister Dalyor Ju...
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CDC to attract more foreign investment through new investment law
- 6 July 2022
The Council for the Development of Cambodia (CDC) has announced Cambodia is ready to facilitate all types of investment, especially foreign direct investment through its newly-enforced investment law. CDC Secretary-General HE Sok Chenda Sophea said during the 6th "ASEAN-Italy High-Level Dialogue on Economic Relations" in Malaysia that Cambodia has been actively amending policies to help ease th...
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Thailand Urged to Establish Joint SEZs with Bordering Countries
- 5 July 2022
The Thai government is being urged to accelerate the stimulation of border trade and establish joint special economic zones with bordering countries to boost trade and investment. Surong Bulkul, Vice-Chairman of the Chamber, said it proposed the government speed up the reopening of border checkpoints between Thailand and Malaysia, Laos, Cambodia, and Myanmar in order to increase trade, investme...
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US$1.5 Trillion to be Spent on Smart Infrastructure in China in 2021-2025
- 5 July 2022
China's State-owned enterprises (SOEs) have revealed plans to invest over US$1.49 trillion in more than 1,300 smart infrastructure schemes across the country during from 2021 to 2025, to boost sustainable economic growth. According to a China Daily report in June, those development projects are not the traditional types like railways, roads, and water conservancy, but will focus on infrastructu...
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Three Major Reservoir Rehabilitation Projects to Support Mondulkiri Tourism Master Plan
- 4 July 2022
The project to rehabilitate and restore three major water reservoirs in Mondulkiri province is an integral part of the work to support the tourism development master plan for Mondulkiri province. The project was part of the discussion among the members of the steering committee for the implementation of the Mondulkiri Tourism Development Plan 2021-2035 on 04 July 2022 at the Pichreda Hotel, Mondul...
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US Firm Wins Bid for Singapore’s Mass Transit Line
- 2 July 2022
Giant US engineering firm Jacobs has won a bid to act as a design consultant on the construction of the Tavistock Station and tunnels linking it in the first phase of Singapore’s Cross Island mass transit (MRT) line. The US$302 million contract is an integral part of the 29km underground line which will be Singapore’s largest and longest connecting all parts of the city. The contract involve...
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Construction of New 14-Storey Information Ministry Building Nearly 90% Complete
- 1 July 2022
Construction of the new 14-storey building of the Ministry of Information is nearly 90% complete and is set for full completion soon, according to the site inspection by Minister of Information HE Khieu Kanharith on 1 July 2022. Located inside the Ministry of Information along Monivong Blvd., this new building has 14 floors, is 65 metres tall, and 14 metres wide. The new building includes th...
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The United States is choosing priorities to invest in transport projects in Cambodia
- 30 June 2022
The United States Department of Transportation (DOT) is considering prioritizing investment in transportation projects in Cambodia, while the United States is currently in discussions with the Department of Public Works and Transport to explore the sector. Discuss video work remotely on June 24, 2022. Jiga Phat, Transportation Technology Technology Policy Analyst at the US Department of Transpo...
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