Royal Group Phnom Penh SEZ Secures Nearly US$10m from Green Bond Listing

Royal Group Phnom Penh SEZ Plc has successfully raised US$9.96 million from its green bond listing on the Cambodia Securities Exchange (CSX) to fund the construction of a wastewater treatment plant and its infrastructure. The official bond listing ceremony took place on 28 June 2024 at the CSX building, presided over by HE Dr Hean […]

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Darasakor International Airport Set for Temporary Opening in August

The Darasakor International Airport in Khemarak Phoumin city, Koh Kong province, is scheduled to open temporarily at the end of August, initially operating domestic flights. This information was confirmed by Mr Sin Chanserivutha, Secretary of State and spokesperson for civil aviation, during a recent announcement to Fresh News in late June 2024. Mr. Chanserivutha stated […]

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Historic 2,000km Overland Convoy from China to Cambodia Marks Successful Inauguration of GMS Transit Facilitation

A convoy of seven Chinese trucks and passenger vehicles has successfully completed a historic journey of over 2,000 kilometres from China to Cambodia, marking the first implementation of the Greater Mekong Subregion (GMS) Transit Facilitation Agreement. The Ministry of Public Works and Transport announced the successful arrival of the convoy in Phnom Penh and the […]

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Construction of NR No. 10 Reached 88.38% & Tallest Bridge Progressing Steadily, On Track for March 2025 Opening

As of the end of June 2024, the construction of NR No. 10, connecting Koh Kong, Pursat, and Battambang provinces, has reached 88.38% completion, while the tallest bridge, spanning 530 metres, has reached 43.50% completion. The road is slated for trial use by the end of March 2025, as per the latest update from the […]

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Kampot International Tourism Port Set to Launch Operations in Q3 This Year

The Kampot International Tourism Port will commence temporary operations by the third quarter of 2024, operated by local firm AZ Builders Co., Ltd. This announcement follows an agreement signed on 28 June 2024 between HE Peng Ponea, Minister of Public Works and Transport, and Mr Lim Bunsur, Chairman of AZ Builders Co., Ltd. “The firm […]

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Bridge Across Mekong River in Kratie Province 55.8% Completed

As of early June 2024, the construction of the nearly 2km long bridge across the Mekong River in Kratie province has reached 55.83% completion, while the connecting road is at 41.81%. This progress was announced on the official Facebook page of the Ministry of Public Works and Transport (MPWT) on 30 June 2024. The MPWT […]

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Hitachi Targets Southeast Asia Rail Market with US$1.6bn Acquisition

Hitachi aims to expand its presence in Southeast Asia’s railway market following its US$1.6 billion acquisition of Thales Group’s rail signal business on 31 May 2024, as China remains a dominant infrastructure supplier. This move enhances Hitachi’s ability to provide integrated railway solutions in Singapore and Malaysia. The announcement was made during a media roundtable […]

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CFOCN Proposes Extensive Fibre Optic Network Installation Across Nine Cambodian Provinces

Cambodia Fibre Optic Communication Networks Co., Ltd (CFOCN) requested approval from the Ministry of Public Works and Transport to undertake a significant project involving the drilling and installation of fibre optic cables across nine major provinces. This request was discussed during a meeting chaired by Mr. Lim Sidenin, Secretary of State of the Ministry of […]

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Progress Report: Tonle Bassac Bridge Nears 12% Completion

The bridge construction project over the Bassac River, connecting Chak Angre Krom and Prek Pra, stands at 11.63% completion, with 36 out of 156 pillars already concreted, six out of 20 template exhibits installed, and several other crucial tasks underway, according to Mr. Phorn Rim, spokesman for the Ministry of Public Works and Transport reported […]

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Guangzhou to invest $1.4 billion to build infrastructure for flying car by 2027

Guangzhou is set to invest over 10 billion yuan (US$1.4 billion) by 2027 in the burgeoning “low-altitude economy,” targeting the development of services operating below regular commercial aviation altitudes. This substantial investment is part of China’s strategic push to invigorate its slowing economy, according to Asia.nikkei.com dated 4 June 2024. The ambitious plan involves building […]

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