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Naga 3 worth nearly US$4b Rescheduled for Completion in 2029
Naga 3 construction project in Phnom Penh, with an estimated value of nearly US$4 billion, has been rescheduled for completion in 2029, according toa recent announcement by Naga Corp Ltd. on June 4, 2023. This decision has been necessitated by a confluence of external geopolitical and macroeconomic factors, as well as the prevailing global inflationary pressures. Despite the revised timeline, N...
Read MoreChina’s Belt and Road Initiative Catalyzes Investment Influx and Propels Cambodia’s Economic Growth
Cambodia's Prime Minister, Samdech Hun Sen, has hailed China's transformative Belt and Road Initiative (BRI) for its pivotal role in attracting substantial investment to Cambodia, bolstering economic development, and creating employment opportunities for the nation's citizens. During the groundbreaking ceremony for the Phnom Penh-Bavet Expressway, a momentous $1.3 billion infrastructure project...
Read MoreRing Road 3 officially inaugurated: Enhancing Connectivity and Unveiling New Development Horizons
PM Hun Sen has announced the official inauguration of the highly anticipated third ring road, marking a significant milestone in Cambodia's infrastructure development. Set to take place on June 30, the inauguration date was confirmed during the momentous groundbreaking ceremony for the Phnom Penh-Bavet Expressway and the Expressway Bridge on June 7, 2023. (Read more) With a total length of 52.9...
Read MorePM Hun Sen Inaugurates State-of-the-Art Royal Academy of Justice in a Monumental $5 Million Ceremony
Under the presidency of Prime Minister Hun Sen, two magnificent buildings of the Royal Academy of Justice have been officially unveiled, standing proudly on a sprawling 2-hectare expanse with an astounding value of over $4 million. The grand inauguration took place on June 6, 2023, marking a significant milestone in Cambodia's judicial landscape. The first of the two edifices is the "Multipurpo...
Read MoreCambodia Enhances Connectivity with Inauguration of Stung Prek Tnaot Bridge and Road
The Cambodian government recently celebrated the official inauguration of a new concrete bridge and road crossing the Stung Prek Tnaot tributary. The momentous event took place on June 4, 2023, under the distinguished presence of HE Dr. Men Sam An, Deputy Prime Minister and Minister of National Assembly-Senate Relations and Inspection. The newly unveiled concrete bridge boasts impressive dimens...
Read MoreS. Korea and Cambodia Forge Stronger Partnerships in Logistics Development
South Korea is set to bolster its collaboration with Cambodia in advancing the development of the logistics sector, with a focus on attracting Korean investors to the Kingdom. This vision was discussed during a meeting between HE Sun Chanthol, Minister of Public Works and Transport, and HE Park Jung-Wook, the newly appointed Korean Ambassador to Cambodia, on 31st May 2023. HE Park Jung-Wook adm...
Read MoreCambodia-Korea Collaborate to Enhance Border Infrastructure Development at Tro Pang Sre
The Ministry of Public Works and Transport, in partnership with the UCAK International Building Association (ICAK) and the Ministry of Land, Infrastructure and Delivery of the Republic of Korea (MOLIT), has embarked on a significant project aimed at advancing border infrastructure at Tro Pang Sre. This collaborative effort between Cambodia and Korea seeks to bolster operational capacities at the g...
Read MoreGOV’t Initiates Temporary Steel Bridge Project to Enhance Connectivity between Chak Angre and Prek Pra
The Phnom Penh Municipal Administration has unveiled an ambitious plan to construct a temporary steel bridge, linking the Chak Angre and Prek Pra areas. This strategic move aims to facilitate seamless movement for residents while awaiting the government's loan approval from China for the construction of a permanent bridge across the Bassac River. The announcement was made by Samdech Hun Sen, Pr...
Read MoreCAIC, Singapore’s SIAEC partner on aircraft maintenance, repair, and overhaul service in Cambodia
In a groundbreaking collaboration that promises to transform aircraft maintenance and repair services in Cambodia, Cambodia Airport Investment Co., Ltd (CAIC) and Singapore's renowned SIA Engineering Company Limited (SIAEC) have joined forces to establish a line maintenance joint venture at the upcoming Techo International Airport (TIA). The signing of this significant joint venture agreement pres...
Read MoreGrand Inauguration of Tonle Sap Bridge and Russey Keo Flyover, Valued at Over US$44 Million
In a momentous milestone for Cambodia's infrastructure development, the splendid Tonle Sap Bridge and the magnificent Russey Keo Flyover, together worth more than US$44 million, have been officially inaugurated. Prime Minister Hun Sen led the prestigious inauguration ceremony on 31st May 2023, marking a significant leap forward in the nation's transportation connectivity. Standing tall at an...
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