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ខ្មែរ Uncategorized
Bentley Systems Expands Infrastructure Engineering Portfolio with EasyPower Acquisition
- 13 April 2023
To Broadly Incorporate Electrical Modeling and Analysis across the Lifecycle of Infrastructure Digital Twins Bentley Systems, a leading infrastructure engineering software company, has announced its acquisition of EasyPower, a developer of design and analysis software for electrical engineering professionals. This acquisition will enable Bentley Systems to incorporate electrical modeling and...
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Mondulkiri Boasts Over 850K Km of Provincial Roads, Connects Towns and Districts
- 8 April 2023
Mondulkiri Province has achieved a remarkable milestone in infrastructure development with the construction of over 850,000 kilometers of provincial roads as of 6 April 2023, according to HE Sorn Sarun, Deputy Governor of Mondulkiri Province. During a press conference on the “Success in the past 5 years” of Mondulkiri Provincial Administration, HE Sorn Sarun highlighted the province's focus on ...
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WB: Cambodia Ranks Third in Southeast Asia’s Fastest Growing Economies in 2023
- 4 April 2023
The World Bank (WB) has maintained its 2023 economic growth rate forecast for Cambodia at 5.2 per cent from its projection in October 2022. This places Cambodia as the third-fastest-growing economy in the region, after Vietnam (6.3%) and the Philippines (5.6%), according to the World Bank's updated economic forecast for the Southeast Asia region. The report attributes the projected growth to Ch...
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New US$60 Million Ministry of Interior Headquarters Nears Completion at Over 80%
- 30 March 2023
Construction on the new Ministry of Interior headquarters in Phnom Penh is over 80% complete and is on track to finish by the end of June 2023. The progress of the construction was reviewed in a meeting on 29 March 2023. The new office building, which is being built on the old site along Norodom Street in Tonle Bassac, Chamkarmon, will replace the current headquarters and cost over US$60 millio...
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Gov’t to Upgrade An Ses to Be New International Checkpoint
- 25 March 2023
The government of Cambodia and Thailand have agreed to upgrade the An Ses border, a vital trade border in the Choam Ksan District of Preah Vihear province, to be an international checkpoint in the near future. This was announced by Preah Vihear governor, HE Kim Rithy, during a press conference on the province’s achievements over the past five years on March 23, 2023. Both countries have formall...
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China-Cambodia Flights Set to Expand to 300 Flights Weekly, Attracting Millions of Chinese Tourists
- 22 March 2023
Cambodian Prime Minister Hun Sen announced on 22 March that Cambodia is set to welcome between 3 to 5 million Chinese tourists annually, following the expansion of China-Cambodia direct flights to 300 flights per week. Prior to the pandemic, Cambodia received over 2 million Chinese tourists annually. During a recent visit to China, Prime Minister Hun Sen and Chinese President Xi Jinping discuss...
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Oddar Meanchey on Track to Achieve 100% Electricity Connection with Upcoming Coal-Fired Plant
- 22 March 2023
Oddar Meanchey is gearing up for 100% electricity connectivity by June this year as the 265MW coal-fired power plant in Trapaing Prasat district is set to begin operations soon, according to HE Pen Kosal, the provincial governor, said in a press conference on 21 March 2023. Currently, electricity has been supplied to 276 out of 308 villages, equating to over 60,000 families (90.47% of the total...
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Cambodia’s Stronger National Budget Reduces Dependence on Foreign Loans for Infrastructure Development, Says PM Hun Sen
- 21 March 2023
Cambodian Prime Minister Samdech Hun Sen has revealed that the country's strengthened national budget has helped reduce the need for foreign loans for infrastructure development. Speaking at the fourth phase launch of the Public Financial Management Reform Program on March 20, the prime minister stated that in the past, two-thirds of the national budget was funded by foreign financial aid resou...
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Chinese Shoe Factory to Relocate from Myanmar to Cambodia, Citing Political Stability and Investment Incentives
- 13 March 2023
Alvin Su, a Chinese footwear company, has announced its decision to relocate its shoe factory from Myanmar to Cambodia due to the ongoing political crisis in Myanmar, according to a meeting between the Ministry of Labour and the Board of Directors of the shoe company Alvin Sukali on 13 March 2023. "The main reason for returning to invest in Cambodia is because Cambodia has peace, political st...
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ADB Lends Laos PDR US$692.5m to Build Largest Wind Power Plant in Southeast Asia
- 4 March 2023
The Asian Development Bank (ADB) has signed a financing package worth US$692.55 million with Monsoon Wind Power Company Limited (Monsoon) to construct a 600-megawatt wind power plant in the Sekong and Attapeu provinces of southern Laos PDR. The project, called "Monsoon," will be the largest wind power plant in Southeast Asia, consisting of 133 wind turbines, and the first in Laos to export and ...
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