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ខ្មែរ Uncategorized
Cambodia to Increase Clean Energy Mix by 35% in 2050
- 18 October 2022
Cambodia has vowed to increase its clean energy mix by 25% by 2030 and 35% by 2050 while also adopting a long-term carbon-neutral strategy. HE Van Monineath, Director General of the General Department of Policy and Strategy of the Ministry of Environment, gave the statement in a roundtable discussion on the “Pathway for Sustainable Energy Transition in Asia and Pacific” on 12-14 October in Mosc...
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AEON Mall 3 Set to Open Soon
- 18 October 2022
The under-construction AEON Mall 3 located in the southern part of Phnom Penh is expected to open soon, as construction is reaching 100% completion. The firm has not officially announced the opening date but has begun hiring staff with urgent status on the recruitment document. Located in Chak Angre commune, Meanchey district, this project is being built with an investment of US$290 million ...
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Two Investment Projects Worth US$11.3m Approved for K.Speu, and Kandal province
- 18 October 2022
The Council for the Development of Cambodia (CDC) has decided to issue a registration certificate for eight investment projects with a total capital of US$ 11.3m to establish two factories in Kampong Speu and Kandal province. These private companies include: The first firm is J-STAR GARMENT (CAMBODIA) CO., LTD, which will invest US$5.8 to establish a garment factory located in Ang Rong villa...
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MPWT Vows to Complete Study on New Waterway Connecting PP-Kampot in Early 2023
- 14 October 2022
The Ministry of Public Works and Transport (MPWT) has pledged to complete the feasibility study on a new waterway connecting Phnom Penh to Kampot through Tonle Bassac by 2023. MPWT Minister HE Sun Chanthol said on 14 October that the Tonle Bassac Navigation and Logistics Study Project is under review and discussion with the China Bridge and Road Corporation (CRBC) and the experts of CCCC Water ...
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Vietnam, Cambodia Speeds Up Study on Railway Connecting Phnom Penh & Ho Chi Minh
- 14 October 2022
Vietnam has urged Cambodia to speed up the feasibility study of a direct railway connecting Phnom Penh and Ho Chi Minh City. The discussion on this project was raised during the meeting between MPWT Minister HE Sun Chanthol and Vietnam Ambassador to Cambodia HE Nguyen Huy Thang on 12 October. The meeting was held to strengthen ties and cooperation in the field of transport infrastructure to ...
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Techo International Airport Construction 40% Complete While Five Banks Invest US$23m
- 14 October 2022
The construction of Techo International Airport (TIA) is now 40% complete as of October as the work is scheduled to finish in 2024. The Cambodia Airports Investment Corporation (CAIC) updated the construction process at the signing ceremony of TIA guaranteed bond investments on 14 October. (Read more) Cambodia Airports Investment Corporation (CAIC) is a joint venture between the Royal Govern...
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Five Banks Invest US$23m in Guaranteed Bonds for New Phnom Penh Airport
- 14 October 2022
Five commercial banks have signed agreements with Cambodia Airport Investment Co., Ltd (CAIC) investing over US$23 million in guaranteed bonds to support the development of Techo International Airport. The five banks include Cathay United Bank (CUBC), First Commercial Bank (FCB), Mega International Commercial Bank (Mega ICBC), Taiwan Cooperative Bank (TCB), and Union Commercial Bank (UCB, a Cam...
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Cambodia-Korea MPWT Research Lab Inaugurated
- 14 October 2022
The Cambodia-Korea Techo Sen Public Works and Transport Laboratory was officially inaugurated on Thursday 13 October. The inauguration ceremony was presided over by Minister of Public Works and Transport HE Sun Chanthol and Ambassador of the Republic of Korea to Cambodia HE HE Park Heung-kyeong. The objective of establishing this laboratory is to contribute to the development of road infra...
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Allegedly Stolen 280,000 Barrels of Crude Oil Returned to Cambodia; Sold for US$25m
- 14 October 2022
Over 280,000 barrels of crude oil, the first commercial production in Cambodia's history, have returned home after being allegedly stolen and shipped out of the country without the government's acknowledgment last year. Ministry of Mines and Energy spokesman Meng Saktheara said on 12 October that the oil was sold for more than US$25 million in September, which is considered historic revenue for...
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Cambodia-Vietnam to connect new tourist destinations by sea
- 13 October 2022
Cambodia and Vietnam have approved an action plan to link tourist destinations by sea and build joint cruise packages as part of the South Sea Tourism Corridor Cooperation, especially the new sea route, Kampot Tourism Port and Tourism Port. Bai Vong.This is according to the third bilateral meeting on tourism cooperation between Cambodia and Vietnam on October 10, 2022. Previously, both sides ha...
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