Brunei’s Khazanah Nasional Targets Multi-Sector Infrastructure Investment in Cambodia
Khazanah Nasional Berhad, a leading investment firm from Brunei Darussalam, has announced plans to explore infrastructure investment opportunities in Cambodia, focusing on health, water resources, transport infrastructure (including railways and airports), and banking. This initiative was discussed during a meeting between PM Hun Manet and Khazanah’s CEO, Mr. Dato Khairul Hamed, on 19 November 2024. […]
China Construction America Ordered to Pay US$1.6 Billion and Conflict of Political Interests Behind
A New York court has ordered China Construction America Inc. (CCA), a subsidiary of Chinese state-owned China State Construction Engineering, to pay US$1.6 billion to BML Properties, the original owner of the Baha Mar casino resort in the Bahamas, after the contractor was found to have committed “many acts of fraud” during its takeover of […]
Groundbreaking of 500-Hectare Green Textile Industrial Park in Kampong Speu to Create Up to 60K Jobs
A groundbreaking ceremony on 8 November 2024 marked the start of a 500-hectare green textile industrial park in Chheu Neang Village, Taing Sya Commune, Phnom Sruoch District, Kampong Speu. Attended by HE Heng Sour, Minister of Labor and Vocational Training, HE Dr. Cheam Chansophoan, Governor of Kampong Speu Province, and Mr. John Yu, Chairman of […]
PM Inaugurates USD10 Million Techo Santepheap Ankoul Beach Road to Boost Tourism in Kep
The USD10 million Techo Santepheap Ankoul Road project, aimed at enhancing tourism infrastructure, was officially inaugurated in Ang Kol, Kep Village, and Angkor Village within the Ang Koul Commune of Damnak Chang Eur District, Kep Province. Led by PM Samdech Hun Manet, the ceremony on 11 November 2024 marked the completion of this pivotal project […]
NR No. 33 (Kampot-Chrak Lok) Reaches 99% Completion, Strengthening Provincial Transport Network
NR No. 33, connecting Kampot to Chrak Lok, is on the cusp of completion, with an impressive 98.89% of the project finalised as of early November 2024. This achievement was highlighted in an official inspection conducted on 6 November 2024 by HE Pal Chandara, Secretary of State of the Ministry of Public Works and Transport, […]
Techo Int’l Airport Nears Completion at Over 90%, Already Costs USD 1.3 Billion
The Techo International Airport project has surpassed 90% completion as of early November 2024, with construction costs exceeding USD 1.3 billion. This milestone was announced by HE Sinn Chansery Vutha, Secretary of State and Spokesman for the Secretariat of State for Civil Aviation, on 6 November 2024. HE confirmed that major construction will conclude by […]