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ខ្មែរ Uncategorized
JS Land Plc Officially Becomes First Real Estate Company Listed on Cambodian Stock Exchange
- 10 February 2022
JS Land PLC, Cambodia’s first real estate development firm registered on the Cambodia Securities Exchange (CSX), officially announced the sale of shares on the local stock exchange from today onwards. JS Land PLC plans to raise approximately 46 billion riels or about US$12 million, with the price starting from 1,900 riels per share. Speaking at the ceremony on Thursday 10 February, CSX Direc...
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Construction of NR2 & NR22 Delayed Further
- 10 February 2022
The contracted firm building NR2 and NR22 has asked for another four-month project completion delay, citing a lack of construction machinery. HE Sun Chanthol, Minister of Public Works and Transport, said on 9 February that the ministry is evaluating the request. “The construction company has asked for a delay of about 4 months. We have not yet approved. A proper technical evaluation and the ...
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US$10-million Large-Scale Hospital Complex in Kandal 12% Complete
- 10 February 2022
The construction of Techo Sen Koh Thom Hospital in Kandal’s Koh Thom district was 11.88% complete as of early February, according to the Ministry of Public Works and Transport (MPWT)’s announcement on Thursday 10 February. With ground broken on 7 January, the project is being built on an area of 1.3 hectares, with three new buildings, one three-storey central building and two two-storey left-ri...
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Construction of Ring Road 3 to be Completed 12 Months Slower than Schedule
- 10 February 2022
The construction company building Ring Road 3 has requested to finish the project one year slower than the initial schedule due to the delay in the impact resettlement procedure. Initially, the project was scheduled for completion by September 2022. With the one-year delay, the new completion date will be September 2023. HE Sun Chanthol, Senior Minister and Minister of Public Works and Trans...
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MPWT Selecting One Among Three Designs for Chroy Chongvar–Svay Chrom Bridge
- 9 February 2022
The Ministry of Public Works and Transport (MPWT) is still choosing one among three proposed construction designs for the Chroy Changva-Svay Chrom Bridge that the South Korean team has just finalised and submitted to the ministry for review. Minister of Public Works and Transport HE Sun Chanthol said on Wednesday 9 February that South Korea has submitted three different designs with different p...
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Cambodia Seeks Urgent Funds from China for Chak Angre Krom- Prek Pra Bridge
- 9 February 2022
The Royal Government of Cambodia has requested an urgent concessional loan from China to fund the construction of the Chak Angre Krom- Prek Pra Bridge, in the southern part of Phnom Penh. Minister of Public Works and Transport HE Sun Chanthol said on Wednesday 9 February that the ministry has asked PM Samdech Hun Sen to send a formal request to China for urgent funding for this project. "We ...
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PP-SHV Expressway to Open for Traffic Temporarily in July, Ahead of Schedule
- 9 February 2022
The Phnom Penh-Sihanoukville Expressway is scheduled to be put into operation in July 2022, two months ahead of the previous plan. Minister of Public Works and Transport HE Sun Chanthol announced the temporary launch of the expressway at a meeting to review the results of road safety work in 2021 on 9 February. As of January 2022, the construction of this expressway was 81% complete. Acco...
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ESIA Ongoing for New 72km Battambang-Siem Reap Road; 10 Major Decisions Made
- 9 February 2022
Plans to construct a new road connecting Siem Reap and Battambang have seen progression, as the inter-ministerial committee has officially begun the Environmental and Social Impact Assessment (ESIA) for the project. Held on Tuesday 8 February and led by Secretary of State of the Ministry of Environment HE Sabo Ojano, the meeting has given 10 orders to construction firms as follows: 1. The co...
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New Riverside Tourism Park to be Built in Downtown Kampong Cham
- 9 February 2022
The Kampong Cham provincial administration has unveiled a project to develop a riverside tourism park along the Mekong River in downtown Kampong Cham to serve as a public recreation centre and tourist attraction. The project was discussed on Tuesday 8 February between Kampong Cham Governor HE Un Chanda and development partners. According to the initial plan, the project will include a floati...
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163 Industrial Factories Opened & 148 Closed in 2021
- 9 February 2022
Despite the COVID-19 crisis, there was a total of 163 new factories opened in 2021, reflecting investors’ confidence in the Cambodian economy and good management of the COVID-19. According to a report from the Ministry of Industry, Technology, Science, and Innovation (MITSI), these registered factories created more than 980,000 jobs for the local people. These newly registered factories made...
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