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ខ្មែរ Uncategorized
Phnom Penh’s New Koh Pich-Koh Nora Bridge Set to Open Temporarily in October
- 14 September 2023
The cable-stayed concrete bridge spanning from Koh Pich to Koh Nora in the Chamkarmon and Chbar Ampov districts is now complete and poised for inauguration on 27 October. This eagerly awaited development was announced during a bridge connection ceremony presided over by His Excellency Khuong Sreng, the Governor of the Board of Governors of Phnom Penh, and Nak Oknha Pung Kheav Se, Chairman of OCIC ...
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One US-based chipmaker committed US$1.5b to build the largest chip-making factory in Ho Chi Minh City
- 13 September 2023
Following President Biden's visit to Vietnam, the United States has announced a groundbreaking semiconductor partnership that aims to leverage Vietnam's potential in bolstering resilient semiconductor supply chains, according to the White House’s Press dated 11th, September 2023. “The United States recognizes Vietnam’s potential to play a critical role in building resilient semiconductor supply...
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China Plans to Build 6,000km Transcontinental Road to Algeria (North Africa)
- 13 September 2023
In a landmark partnership set to reshape Algeria's socio-economic landscape, China and Algeria have embarked on an ambitious journey to construct an extensive 6,000 kilometres of railway lines. Algerian President Abdelmadjid Tebboune lauded this monumental effort as a cornerstone of his nation's progress. The project heralded on www.africanews.com on 29 August 2023, is a testament to the countries...
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Cambodia’s Global Trade Sees 14.5% Dip in 2023, But Exports Buck the Trend
- 13 September 2023
In the first eight months of 2023, Cambodia's international trade experienced a significant downturn, with a 14.5% decrease compared to the same period in the previous year, according to data from the General Department of Customs and Excise (GDCE). However, in a surprising turn of events, Cambodia's exports managed to defy this trend, showing robust growth. During this period, Cambodia's total...
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Korean-Led Initiative Advances Wastewater & Solid Waste Management in Cambodia’s Battambang
- 12 September 2023
The Ministry of Public Works and Transport, in partnership with the Global Green Development Institute (GGGI), is embarking on a feasibility study to bolster these crucial systems in Battambang province. This noteworthy initiative is a part of the Low Carbon City Development Project, which strives to promote sustainable access to services in Battambang City. During the project's initial feasibi...
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Cambodia & 12 Nations Unite to Combat GHG Emissions Through Sustainable Waste Management
- 11 September 2023
Cambodia, alongside a consortium of 12 nations, is embarking on a collaborative mission to tackle greenhouse gas emissions by implementing the principles of the 4Rs (Reducing, Reusing, Recycling, and Recovering) in solid waste management. This pioneering effort was unveiled at the "Strengthening the Implementation of Solid Waste Management and the Path to the Circular Economy" workshop, held on 5-...
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Gov’t Inks Concessional Loan Deals Worth US$780 Million in H1 2023
- 11 September 2023
In a testament to Cambodia's continued economic development and collaboration with international partners, the government has successfully secured concessional loan agreements amounting to a total of US$787.5 million in the first half of this year. This impressive figure represents a substantial year-on-year increase of 24%. According to a report released by the Ministry of Economy and Finance ...
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Kia Explores Ambitious Plans for First ASEAN Production Hub in Thailand
- 10 September 2023
South Korea's automotive giant, Kia Corp, is actively contemplating the establishment of its inaugural production facility in Thailand. This ambitious venture is set to boast an impressive annual production capacity of 250,000 vehicles, significantly enhancing Kia's presence in the Southeast Asian market. Channel News Asia reported this development on 8 September 2023. Kia, renowned as a sister...
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Nine New Factories with US$54.43M Investment Set to Create Over 13,000 Jobs in Five Provinces
- 9 September 2023
In a significant boost to Cambodia's industrial sector, the Council for the Development of Cambodia (CDC) has given the green light to nine companies poised to invest a total of US$54.43 million. These ventures are expected to generate a substantial job market, providing employment opportunities for 13,888 individuals across several provinces, including Kampong Speu, Kandal, Takeo, Sihanoukville &...
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Bentley Systems’ iTwin Ventures Acquires Blyncsy, Breakthrough Innovator in AI Services for Transportation Operations and Maintenance
- 8 September 2023
To Broaden and Accelerate Infrastructure Asset Analytics EXTON, Pa. – Aug. 14, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the acquisition of Blyncsy provider of breakthrough artificial intelligence services for departments of transportation to support operations and maintenance activities. The digital twin ecosystem focus...
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