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ខ្មែរ Uncategorized
US$1.5bn Kampot Port Listed as Largest Port Project Initiated Globally in Q2 2022
- 1 August 2022
The newly announced US$1.5 billion international port in Kampot province has become the largest port project initiated globally in Q2 2022, according to GlobalData. In 2022, there are five giant port projects, of which the Cambodian port ranks first. The 5 port projects are as: Kampot Logistics & Multipurpose Port– US$ 1.5 billion With a total investment of US$1.5 billion, the port is...
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Cambodia Imports US$1.27 billion in Construction Materials in H1 2022
- 1 August 2022
Imports of raw materials and construction materials to Cambodia were valued at US$1.27 billion in the first half of 2022, an increase of about 10% over the same period last year. A National Bank of Cambodia report showed that the import of construction materials ranks third after the import of raw materials for garments and fuel. NBC said in a report that the favourable domestic factors of t...
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India Provides Loan of Over US$35 Million to Develop Stueng Svahab Reservoir in Kampong Speu
- 1 August 2022
The Republic of India has provided approximately US$36.92 million in loans for the implementation of the five-year Stueng Svahap Water Resources in Kampong Speu, according to a Kick-off Meeting on 30 June 2022. The meeting reviewed and discussed the five-year WAPCOS-PMC project management action plan, including: Preparation of a DPR detailed study report. Engineering procurement arrange...
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Credit to Construction & Real Estate Sector Rises to US$14bn as of H1 2022: NBC
- 1 August 2022
As of June 2022, total loans provided to the private sector reached over US$51.5 billion, a growth of 23.4% year on year. Among all sectors, loans provided to construction and real estate represented 32%, or approximately US$14 billion. According to the National Bank of Cambodia (NBC)’s report published on 25 July, for banking institutions, personal home loans accounted for 13.7% of the total, ...
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Tbong Khmum Customs & Excise Office Officially Inaugurated
- 30 July 2022
The administrative building, residential building, and infrastructure at the Customs and Excise Offices in Tbong Khmum province were officially inaugurated on 28 July 2022. The ceremony was presided over by HE Aun Porn Moniroth, Deputy Prime Minister, Minister of Economy and Finance, accompanied by HE Cheam Chansophoan, Governor of Tbong Khmum province. That Customs and Excise Office is loca...
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MISTT Accelerating Drafting of Law on Science, Technology & Innovation Park Establishment
- 29 July 2022
The Ministry of Industry, Science, Technology, and Innovation is accelerating the drafting of a sub-decree on the establishment and management of science, technology, and innovation (STI) parks to attract investment technology companies. The ministry recently held inter-ministerial technical meetings with relevant parties and the private sector to review and provide inputs on the draft sub-decr...
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New US$300-million Tyre Production Factory to Be Built in 2023 in Sihanoukville SEZ
- 29 July 2022
SIHANOUKVILLE SPECIAL ECONOMY ZONE CO., LTD plans to build a new tyre production factory worth over US$300 million in H1 of 2023 in Sihanoukville SEZ, according to a meeting between Minister of Ministry of Labour and Vocational training, HE Ith Samheng and Mr Chhin Chien Kang, Chairman of the Board of Directors on 28 July 2022. HE Ith Samheng expected that the establishment of this large tyre f...
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Korea to Support Cambodia with Smart Water Management Technology Equipment in Phnom Penh
- 29 July 2022
Well-known Korean company Greentech Inc. has shown strong cooperation to develop intelligent technology to manage the water supply sector as an initial first step with the Phnom Penh Water Supply Authority. The cooperation was discussed during a meeting between HE Cham Prasidh, Minister of Industry, and the delegation of Greentech Inc Korea on the project to equip smart technology for the water...
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State to Establish 15 and Upgrade 7 Medical Facilities Nationwide
- 28 July 2022
The Ministry of Health and Ministry of Interior has decided to establish 13 new health centres, 1 new referral hospital, 1 new health post, upgrade 2 referral hospitals and 5 health posts to be health centres throughout the country, according to the Inter-Ministerial Prakas No. 031 dated 26 July 2022. The 13 new health centres will include: Dey Krahorm Health Centre in Oddar Meanchey provi...
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Cambodia, Korea Collaborate on Master Plan for Smart Transportation System in Cambodia
- 28 July 2022
The Ministry of Public Works and Transport (MPWT) has partnered with the KRIHS Institute of the Republic of Korea to develop a master plan for an intelligent transportation system in Cambodia which started with the organization of a workshop at the Ministry of Public Works on 26-27 July 2022. The workshop was led by Mr. Kong Sophal, Deputy Director General and Representative of the Director Gen...
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