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Vietnam’s Multibillion-Dollar Investment Fuels Development in the Triangle Area Bordering Cambodia & Laos

Vietnam is accelerating progress in the Development Triangle (DTA), a region straddling the borders of Cambodia and Laos, with an impressive investment of over US$ 3.731 billion. This significant commitment is embodied in a multitude of 122 projects, reaffirming Vietnam's dedication to regional development. The declaration emerged during a gathering of the National Assembly delegation represent...

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Four New Factories Worth Nearly US$26m Set to Catalyse Growth in Kampong Speu & Takeo Provinces

The Council for the Development of Cambodia (CDC), has given the green light to four forward-thinking companies, marking a significant infusion of nearly US$26 million in investments. These strategic initiatives are poised to create 5,613 job opportunities, benefiting residents in Kandal, Kampong Speu, and the capital city of Phnom Penh. The CDC announcement, made on 11 October 2023, serves as ...

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Chinese firm Commits $3 Billion Investment in Cambodia’s Energy Development

In a remarkable leap towards Cambodia's energy sector development, China Machinery Engineering Corporation (CMEC) has unveiled a groundbreaking plan to co-invest approximately $3 billion in Cambodia's burgeoning gas energy industry. This momentous decision was announced following a high-level meeting between His Excellency Hun Manet, Cambodia's Prime Minister, and Mr. Wang Bo, Chairman of the B...

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Gov’t Announces Temporary Opening of Koh Pich-Koh Norea Bridge for Traffic Starting 20 October

The Cambodian government has announced the temporary opening of the Koh Pich-Koh Norea Bridge from 20 October 2023, as shared on the official Facebook page of the Department of Public Works and Transport of Phnom Penh on the evening of 19 October 2023. The move comes as a strategic response to mitigate traffic congestion caused by the ongoing construction of the Monivong Sky Overpass. Commencin...

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Koh Tonsay Beach to Angkol Beach Road Connection 80% Completion: Game-Changer for Kep Tourism

In picturesque Kep province, construction of the much-anticipated road linking Koh Tonsay Beach to Angkol Beach has surged ahead, reaching an impressive 80% completion as of 18 October 2023. Governor of Kep Province HE Som Piseth enthusiastically shared this update with AKP, underlining the critical role this project plays in bolstering Kep's burgeoning tourism industry. This 11-kilometer ro...

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BRI Forum Brief: China Shifts from Building Major Infrastructure to Focusing on Digital Connectivity

In an era of evolving global dynamics, China's Belt and Road Initiative (BRI) is poised for a transformative second decade, signaling a shift towards more efficient, market-oriented, and less debt-burdened projects. President Xi Jinping's recent pronouncement on the future of BRI as "small yet smart" is underpinned by valuable lessons learned. This strategic shift comes as a response to past chall...

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Gov’t Greenlights Cutting-Edge Data Centre in Heart of Phnom Penh

The future of digital innovation in Cambodia has taken a resounding step forward with the approval of a groundbreaking project: the establishment of a cutting-edge data centre in the heart of Phnom Penh. The decision comes from the Council for the Development of Cambodia (CDC) and promises to usher in a new era of technological advancement after the CDC approved the project on 18 October 2023. ...

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Cambodia Inks Landmark Agreements with Chinese Corporate Giants on Three Transformative Projects

The Cambodian government has forged pivotal agreements with Chinese corporate giants on three transformative development projects. These monumental partnerships, unveiled during the "Third Belt and Road Forum" in Beijing, promise to reshape Cambodia's technological landscape and boost its economic prowess. Under the leadership of Prime Minister Hun Manet, the Royal Government of Cambodia signed...

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Bentley Systems Announces Winners of the 2023 Going Digital Awards in Infrastructure

Winners Announced at the 2023 Year in Infrastructure and Going Digital Awards Event in Singapore SINGAPORE – Oct. 12, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the winners of the 2023 Going Digital Awards in Infrastructure. The annual awards program honors the extraordinary work of Bentley software users advancing infras...

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Japan Grants Cambodia Over US$1 Billion to Construct Techo Santepheap Museum in Siem Reap

The Cambodian government is set to construct the illustrious Techo Peace Museum in Siem Reap, with the generous backing of the Japanese government contributing over US$1 billion. This extraordinary initiative seeks to illuminate Cambodia's rich history, its struggles with war, and the precious gift of peace. The Director General of the Cambodian Mine Action Center, Mr Heng Ratana, unveiled on 5...

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