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AFD to Support Technical Study for New Water Plant
The French Development Agency (AFD) has pledged to support conducting a detailed study on the construction of a new water plant after the Bakeng water treatment plant project phase I and phase II as part of contributing to enhancing the clean water supplying capacity of the Phnom Penh Water Supply Authority. Speaking at a press conference at the Royal Government Spokesperson's Unit, Director-Ge...
Read MoreWorld Bank Forecasts Cambodia’s Economic Growth to Remain at 4.5% for 2022
The World Bank has forecast that economic growth in Cambodia will remain at 4.5% this year, unchanged from projections made in January this year, citing that the growth is forecast to accelerate to 5.8% in 2023. For this year, the outlook for Cambodia was unchanged from projections in January, the World Bank said in a Global Economic Prospects report issued on 08 June. Among other developing...
Read MoreGov’t Approves Four Projects Worth Over US$15 million
The Council for the Development of Cambodia (CDC) has approved the investment of US$15.8 million by private companies to establish four new factories in Kandal, Kampong Speu, and Takeo provinces. According to the investment proposal of the companies, the Investment Committee of CDC decided to issue investment project registration certificates to the following companies: The first company is ...
Read MoreMME Announces Recruitment of Consultants for Monitoring Construction of 60-MW Solar Project in Kampong Chhnang
The Ministry of Mine and Energy (MME) has announced a plan to recruit independent engineering companies (Consultants) to monitor and inspect the 60-MW solar project located in Kampong Chhnang province, according to Invitation Letter No.1497 on 08 June 2022. Any interested company can contact to General Department of Energy of MME and must submit its proposal before 10 am on 17 June 2022. On ...
Read MoreExpressway Postponed to September as Construction 93% Complete
The opening of Cambodia's first expressway project between Phnom Penh and Sihanoukville has been postponed from July to September, with 93% of construction completed by the first week of June. The Ministry of Public Works and Transport asked the company to speed up construction work to ensure that future pilot projects meet the plan. BTV quoted HE Yin Bunna, Secretary of State of the Ministry, ...
Read MoreChina Provides Assistance to Upgrade Ream Navy Base
China has provided assistance for the upgrade of the Ream Navy Base in Preah Sihanouk province contributing to the modernisation of the Cambodian Navy. The ground-breaking ceremony was held on 08 June under the auspices of Samdech Pichey Sena Tea Banh, Deputy Prime Minister and Minister of National Defence, and Mr Wang Wentain, Chinese Ambassador to Cambodia. Speaking at the ceremony, Samdec...
Read MoreCambodia-Australia officially announces New Regulations on Health and Safety for construction sites
New regulations on health and safety at construction sites have been officially announced to save lives at construction sites. These regulations have been announced on 7 June 2022 under HE Leang Monirith, Secretary of State of the Ministry of Land Management, Urban Planning and Construction and Mr Robin Flint, First Secretary of the Australian Embassy in the Kingdom of Cambodia. They were joine...
Read MoreNBC, National Institute of Statistics Oofficially Launches Residential Property Price Index
The National Bank of Cambodia and the National Institute of Statistics of the Ministry of Planning have officially launched the Residential Property Price Index, which is measure and determines specific real estate and construction appraisals as a basis for banking institutions to avoid risks. The launching ceremony of the Residential Property Price Index was held on June 6 in the presence of H...
Read MoreCambodia, World Bank Discusses Strategy to Reduce Logistics Costs in Cambodia
The Ministry of Economic and Finance and the World Bank discussed developing strategies to reduce logistics costs and create a more efficient transportation and logistics system in Cambodia. The discussion took place in a meeting between HE Vongsey Visoth, Minister Delegate to the Prime Minister and Secretary of State for the Ministry of Economy and Finance, and Cordula Rastogi, World Bank’s Se...
Read MoreSHV’s Third Large-Scale Water Treatment Plant 50% Complete
As of today, the construction of the third large-scale water treatment in Sangkat 4 in Sihanoukville is 50% complete, according to Sihanoukville Provincial Administration on 02 June 2022. The construction has been divided into two phases: the first phase is field construction, which finishes before Khmer New Year in 2023. The second phase is the construction of the mechanical system, which w...
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