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Bentley Systems Calls for Nominations for 2022 Going Digital Awards in Infrastructure
Bentley Systems, the infrastructure engineering software company, has announced its call for nominations for the 2022 Going Digital Awards in Infrastructure. This juried awards program celebrates the most exemplary projects that represent going digital advancements in infrastructure. The deadline for nominations is May 23, 2022. The Going Digital Awards in Infrastructure categories include: ...
Read MoreJapan Seeking Investment Opportunities in Clean Energy in Cambodia
Japanese investors are interested in the development of clean energy and energy technology with high efficiency and carbon neutrality in Cambodia. The remarks were made by a delegation of Japanese investors led by HE Fumaiki Takahashi, President of the Japan-Cambodia Association and former Japanese Ambassador to Cambodia in a meeting with HE Suy Sem, Minister of Mines and Energy on 25 April. ...
Read MoreConstruction of Expressway 90% complete, Set to Open in July
Construction of the Phnom Penh-Sihanoukville Expressway is 90% complete as of April. The Ministry of Public Works and Transport (MPWT) has confirmed that the expressway will be put into temporary use in July this year. MPWT Minister HE Sun Chanthol said during the site inspection on 26 April that the ministry is considering setting the speed limit to 120km/h in the first test drive stage, and a...
Read MorePM Hun Sen Urges China to Invest More in Cambodia, Emphasising Five Key Reasons
Prime Minister Hun Sen has urged Chinese firms to invest more in Cambodia especially in the prioritised sectors, emphasising five main reasons why Cambodia is a strong potential investment destination. This statement was made during a meeting between PM Hun Sen and three major Chinese companies led by Prince Group President Neak Oknha Chen Zhi on 25 April. The objective of this meeting was t...
Read MoreTS11 Multi-Purpose Port Over 80% Complete, Open for Operation by Early July
The construction of the TS11 multi-purpose satellite port of Phnom Penh Autonomous Port is currently 85% completed and is scheduled to be operational in early July 2022. The progress was updated by HE Sun Chanthol, Minister of Public Works and Transport, during a construction site inspection on 25 April. HE Sun Chanthol said that the TS11 port is being built to support the development and su...
Read MoreNew Waterway Connecting Tonle Bassac to Kep to be Studied by China
The Ministry of Public Works and Transport (MPWT) and a Chinese firm CRBC will work together on the feasibility study of building a new waterway system connecting the Bassac River in Kandal province to Kep province. MPWT Minister HE Sun Chanthol said on Monday 25 April that the preliminary study conducted by the ministry has been completed. The study has shown that it is feasible to develop ...
Read MoreGov’t Plans to Build Seven River-Based Ports
The Ministry of Public Works and Transport (MPWT) plans to build seven river-based ports along the Mekong River and the Tonle Sap River to facilitate the transportation of products from the provinces to the port of Phnom Penh for export. MPWT Minister HE Sun Chanthol mentioned the project during the site inspection of the TS11 Multi-Purpose Port Development Project of Phnom Penh Autonomous Port...
Read MoreNR2 & 22 Construction Poor Quality; MPTW Orders Urgent Fix & Sets Deadline for August
The Ministry of Public Works and Transport (MPWT) has found that some parts of the construction of NR2 and NR22 are poor in quality and lack technical standards while instructing the restricting construction companies to fix them immediately and finish the whole project by August 2022. According to the site inspection of MPWT Minister HE Sun Chanthol, as of April 25, the construction has achiev...
Read MoreCambodia Needs US$17 Billion for General Industrial Development Until 2024
The Cambodian government needs some US$17.5 billion to invest in the “general industrial sector” for 2022-2024, according to a report on the Three Year Rolling Public Investment Program 2022-2024 from the Ministry of Planning. Broken down by years, the general industrial sector will demand US$5.3 billion in capital investment in 2022, US$5.9 billion in 2023, and US$6.2 billion in 2024. The r...
Read MoreFTB Breaks Ground on New US$112 million Headquarters “FTB Tower”
Foreign Trade Bank of Cambodia (FTB) in collaboration with MSNH Investment Co., Ltd (MSNH) has announced the start of construction on its new headquarters named “FTB Tower”. The groundbreaking ceremony was held on 22 April and presided over by HE Chea Sophara, Deputy Prime Minister and Minister of Land Management, Urban Planning and Construction. With a total gross floor area of 77,593 squar...
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