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ខ្មែរ Uncategorized
Vietur Consortium Wins Bid to Construct US$1.5 Billion Long Thanh International Airport Terminal
- 17 September 2023
The Airports Corporation of Vietnam (ACV) has awarded the construction of the US$1.5 billion terminal at Long Thanh International Airport, located near Ho Chi Minh City, to the Vietur Consortium. This consortium, led by the seasoned Turkish contractor IC Içtas, boasts the participation of nine Vietnamese companies alongside IC Içtas itself. Notably, this selection follows a second tender process, ...
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US$16m Sewerage & Wastewater Treatment Plant Inaugurated in Stoeung Sen
- 16 September 2023
Stoeng Sen City in Kampong Thom province has celebrated the official inauguration of the Stoeng Sen Sewerage & Wastewater Treatment Plant Project, a remarkable initiative valued at over US$16 million. The facility was inaugurated by HE Peng Po, Minister of Public Works and Transport, on 15 September 2023, signifying a significant stride towards modernising and enhancing the urban environmen...
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Cambodia’s Investment Landscape Grows: Six Projects Worth US$34.6 Million Approved
- 16 September 2023
The Council for the Development of Cambodia (CDC) has given the green light to six ambitious projects. These projects, with a combined investment of US$34.6 million, are set to not only contribute significantly to the country's economic growth but also generate 7,584 employment opportunities in Kampong Speu, Takeo, and Phnom Penh. The CDC announcement on 15 September 2023, marks a pivotal momen...
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Chinese Giant DANONG Partners with Four Firms to Cultivate Cambodia’s Agricultural Potential
- 15 September 2023
DANONG Agricultural Development Group, a major Chinese company, has inked agreements with four strategic partners for substantial agricultural investments in Cambodia. The signing ceremony took place on 12 September 12023. The esteemed collaborators joining forces with DANONG are the Cambodia Agriculture Cooperative Alliance (CACA), Agri Bank Construction Land, Panagri International Farm Co., L...
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Japan’s Strategic Investment Plans: Advancing Cambodia Through High-Tech Raw Materials Processing
- 15 September 2023
Japanese investors have expressed keen interest in bolstering small and medium enterprises (SMEs). Their vision includes harnessing cutting-edge Japanese technology to process Cambodian raw materials into high-quality finished products, primed for export. This initiative holds the potential to not only boost the Cambodian economy but also impart crucial skills to its workforce. The announcement...
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Toyota Assembly Plant in Phnom Penh SEZ Inaugurated Next Year
- 14 September 2023
Exciting news on the automotive front with the much-anticipated Toyota assembly plant, nestled within the Phnom Penh Special Economic Zone (SEZ), being poised for a grand inauguration in 2024. His Excellency Ueno Atsushi, Japanese Ambassador to Cambodia, recently shared this pivotal update during his courtesy call on Hun Sen, a significant event hosted at the prestigious 7 January Palace in the...
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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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