Uncategorized
Boeung Choeung Ek Wastewater Treatment Plant at 99% Completion, Promising a Cleaner Future
In an extraordinary feat of engineering and environmental stewardship, the construction of the Boeung Choeung Ek Water Treatment Plant, with an estimated value exceeding US$20 million, has reached an impressive 99% completion as of October 30, 2023, and is poised for full operational status by November 2023. This remarkable progress report was unveiled by the Department of Public Works and Tran...
Read MoreFour Wellknown European Firms Eye Expansion & Investments in Cambodia’s Thriving Markets
A consortium of European giants, including Airbus, DHL, Roche, and Lidl & Kaufland, are setting their sights on Cambodia, keen to explore the prospects of expanding their production within the burgeoning Southeast Asian nation. This strategic move was unveiled during a pivotal working meeting, held on 24 October 2023, orchestrated by the EU-ASEAN Business Council and led by HE Nuth Un Vanra, D...
Read MoreBentley Systems Announces the 2023 Going Digital Awards in Infrastructure Founders’ Honors
SINGAPORE – Oct. 12, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the 2023 Going Digital Awards in Infrastructure Founders’ Honors. During the 2023 Year in Infrastructure and Going Digital Awards event held today, 15 projects were recognized for Founders’ Honors. With input from senior company executives, Greg Bentley and K...
Read MoreVietnam & Cambodia Collaborate to Boost Trade Efficiency and Reduce Shipping Costs
Vietnam's Saigon Newport and Cambodia's Phnom Penh Autonomous Port (PPAP) have joined forces to foster sustainable business development and further invigorate economic and trade growth, cementing the rapport between these two nations. During the official signing ceremony on 28 October 2023, Ms. Her Panin, Deputy Director General overseeing the Phnom Penh Autonomous Port Operations, emphasized t...
Read MoreNR 33 Rehabilitation Gains Momentum: 40% Completion Ready for Sea Festival
Progress on the rehabilitation of Cambodia's vital National Road 33 is well underway, with completion inching closer to reality. As of 27 October 2023, the ambitious project, aimed at enhancing the quality of this crucial transport artery, has reached nearly 40% completion. This substantial achievement underscores the government's commitment to ensuring the road is ready for the upcoming Sea Festi...
Read MoreADB Commits to Boosting Investment in Cambodia’s Irrigation & Climate Resilience
The Asian Development Bank (ADB) has reaffirmed its commitment to expanding investment in Cambodia's irrigation and climate resilience efforts. This vital commitment was solidified during a high-level meeting held on 26 October 2023, between Cambodia's Minister of Water Resources and Meteorology, HE Thor Chetha, and Lok Chumteav Lyotsana Varma, Director General of the Asian Development Bank in Cam...
Read MoreGov’t Greenlights Four New Factories with US$13m Investment, Paving the Way for 782 New Jobs in Svay Rieng & SHV
The Council for the Development of Cambodia (CDC) has given its stamp of approval for four new dynamic companies to establish factories, with a total investment of US$13 million. This bold move is set to open the gateway to economic prosperity in Svay Rieng and Sihanoukville provinces. The CDC made this announcement on 27 October 2023. The CDC's decision is underpinned by its commitment to fost...
Read MoreVN’s VinFast Market Expansion: $400 Million Investment in EV Factories in India and Indonesia
Vietnamese electric vehicle (EV) manufacturer VinFast is gearing up for a substantial expansion, with plans to establish manufacturing facilities in India and Indonesia. These ambitious moves are backed by a projected $1.2 billion capital infusion from its founder and other investors. VinFast, a Nasdaq-listed company, envisions entering 50 markets worldwide by the close of 2024, according to Asia...
Read MoreCambodia and China Forge Strategic Alliances in 10 Key Sectors to Accelerate Development
In a groundbreaking move, the Cambodian Government and the People's Republic of China have inked ten Memoranda of Understanding (MoUs) to propel progress in critical sectors encompassing energy, rural development, and temple restoration. These momentous agreements were formalized during the attendance of Prime Minister Samdech Hun Manet at the illustrious "Third Belt and Road Forum" in Beijing. ...
Read MoreMajestic Roundabout and King Kan Statue Near Completion in Tbong Khmum at 90% Progress Mark
An architectural marvel is nearing completion in Tbong Khmum, as the roundabout and the awe-inspiring 13.35-meter-high copper statue of King Kan near the 90% milestone. This significant achievement was confirmed by the Tbong Khmum Provincial Administration on the 23rd of October, 2023. Situated at the juncture of National Road No. 7, precisely at km 157+210, and a type "A" road in the location ...
Read More