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Facilities for RCAF English Language Training​​ worth over US$25 Thousand officially Inaugurated

A new building and facilities at the College of Social Sciences and Languages (CSSL) of the Royal Cambodian Armed Forces (RCAF) worth over US$25,000 funded by the Australian government have been inaugurated. The ribbon was cut by H.E. Pablo Kang, the Australian Ambassador to Cambodia, and H.E. GEN Chea Tara, Rector of National Defence University on 05 July 2022. Under the Australian-sponsore...

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Australia Supports Cambodia to Improve Physical Accessibility for Persons with Disabilities

Australia has supported Cambodia to improve physical accessibility for persons with disabilities through a dissemination workshop on the Physical Infrastructure Design Standards on Accessibility for Persons with Disabilities. Through the Australia-Cambodia Cooperation for Equitable Sustainable Services (ACCESS), the workshop was held on 01 July 2022. This dissemination workshop aimed to prom...

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CDC to attract more foreign investment through new investment law

The Council for the Development of Cambodia (CDC) has announced Cambodia is ready to facilitate all types of investment, especially foreign direct investment through its newly-enforced investment law. CDC Secretary-General HE Sok Chenda Sophea said during the 6th "ASEAN-Italy High-Level Dialogue on Economic Relations" in Malaysia that Cambodia has been actively amending policies to help ease th...

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Gov’t Sets Four Roadmaps to Transform Mondulkiri to International Eco-Tourism City

The Cambodian government has set four roadmaps to transform Mondulkiri into an international eco-tourism destination. These four roadmaps were announced on 04 July and will be implemented following the Tourism Master Plan (2021-2035). First, Mondulkiri will be a hub to supply flowers, vegetables, fruit, and meat for both domestic and foreign markets. Second, by 2035, Mondulkiri aims for o...

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WB: Cambodia Needs Systematic Approach Beyond Building Roads to Boost Competitiveness

A recent World Bank report has suggested Cambodia needs a clear systematic approach beyond just building physical assets such as roads and bridges to boost its connectivity and trade competitiveness in the region. The report entitled ‘Cambodia Economic Update June 222’ claimed Cambodia’s infrastructure remains underdeveloped, and the country’s performance in logistics has been significantly bel...

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ROAD CARE Supervision Plan 70%​ Complete

The process of preparing a "detailed design for an information and data management website" for the road quality control function development project (ROAD CARE Supervision) is 70% complete as reported in a meeting of the technical working group of the Ministry of Public Works and Transport on 01 July 2022. Speaking at the meeting, Mr Thou Samnang, Deputy Director-General of the General Departm...

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Ministry of Resources Starts 21-km Trapeang Thmor Dam Road Construction

The Ministry of Water Resources and Meteorology has started work on the 21-kilometre road on the Trapeang Thmor Reservoir dam in Phnom Srok district, Banteay Meanchey province. The ground-breaking ceremony was held on 03 July 2022, in the presence of HE Lim Kean Hor, Minister of Water Resources and Meteorology. During the operation, the ministry employed multiple units of heavy machinery. ...

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MEF: Construction Sector is Forecast to Recover Only 3% in 2022 

In the first quarter of 2022, there were​a total of 1,001 approved construction projects, down by 6.1% from the same period last, according to a recent report by the Ministry of Economy and Finance (MEF). The decline occurred in almost all types of construction, including public construction, residential construction, villas, commercial construction, industrial construction, and tourism constru...

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Credit in Construction Sector at Approx US$13bn as of Q1 2022, Over 29% Rise Y-o-Y

As of the end first quarter of 2022, banking and financial institutions' loans to the private sector were recorded at over US$50.7 billion. Among these, credit taken by the construction sector shares the highest amount, according to a recent report by the National Bank of Cambodia (NBC). Credit provided to the construction sector as of Q1 was US$13.7 billion, equivalent to 27% of the total cred...

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Construction of New 14-Storey Information Ministry Building Nearly 90% Complete

Construction of the new 14-storey building of the Ministry of Information is nearly 90% complete and is set for full completion soon, according to the site inspection by Minister of Information HE Khieu Kanharith on 1 July 2022. Located inside the Ministry of Information along Monivong Blvd., this new building has 14 floors, is 65 metres tall, and 14 metres wide. The new building includes th...

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