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3,263 Construction Projects Registered in 9 Months
3,263 construction projects were registered in the first nine months of this year, a 476-project decrease from the same period last year. Figures from the Ministry of Economy and Finance issued recently showed that the value of registered construction projects was US$4.6 billion, a year-on-year decrease of 20.6%. Of the total registered construction projects, 2,909 projects or equivalent to...
Read MoreConstruction Officially Begins on US$19 million Siem Reap Provincial Hospital Building
The construction of a new building in the Siem Reap Provincial Hospital under a JICA grant aid of approximately US$19 million has officially begun. Held on Thursday 23 December, the ground-breaking ceremony was presided over by the Director of Siem Reap Provincial Health Department Dr Kros Sarath and joined by other relevant officers. The building has an area of 7,260 square meters, 4 floors...
Read MoreVietnam Biggest ASEAN Investor in Cambodia, Reaching US$2.8bn to Date
Vietnam is the biggest ASEAN foreign direct investor in Cambodia with 188 active projects and total registered capital of US$2.85 billion, VN Express reported on Wednesday. In the first 11 months this year, Vietnam has invested in four new projects in Cambodia with a registered capital of nearly US$90 million, up 4.6 times year-on-year, according to the meeting between Vietnamese President Nguy...
Read MoreConstruction of Longest Bridge of PP-SHV Expressway Completed
The longest bridge of the Phnom Penh-Sihanoukville expressway has completed the installation of all box girders and has been fully connected to the pavement on both sides. According to the official Facebook page of the expressway on 22 December, the bridge is located at the 179-kilometre point of the expressway crossing over the river at Kbal Chhay Waterfall. As of late November, the express...
Read More35-Storey GDCE Building Officially Inaugurated 23 December
Prime Minister Samdech Hun Sen on Thursday 23 December officially inaugurated the 35-storey administration building of the General Department of Customs and Excise (GDCE) along with two other buildings— the National Customs School and the Customs Museum. Built on the old site in front of the National Bank of Cambodia on Norodom Blvd, the GDCE administrative building started construction in Febr...
Read MoreConstruction to Begin on New Large-Scale Hospital Complex in Koh Thom in January
Construction on the new Techo Sen Koh Thom Hospital building is set to begin in January 2022, according to the meeting of the construction committee and relevant officers from the Ministry of Public Works and Transport on 21 December. The project includes the construction of three new buildings with a total area of over 12,500sqm. The buildings are interconnected with the central building havin...
Read MoreConstruction Begins for New US$25-million National Assembly Building
Construction has officially begun for the new US$25-million administration building of the National Assembly. The ground-breaking ceremony was presided over by President of the National Assembly of Cambodia Samdech Heng Samrin and President of the Socialist Republic of Vietnam HE Nguyen Xuan Phuc on 21 December. The building is being constructed under a grant from Vietnam, with an aid agreem...
Read MorePlan to Construct Chak Angre Krom- Prek Pra Bridge Receives Approval from PM Hun Sen
The plan to build a new bridge as an alternative to the heavily congested Monivong Bridge across the Bassac River connecting Chak Angre Krom and Prek Pra communes has already been approved by Prime Minister Hun Sen. The update of the plan was confirmed by the Minister of Public Works and Transport HE Sun Chanthol on 21 December during a meeting with students of Techo Sen Institute of Public Wor...
Read MoreNBC: Total Credit Reaches US$44.9 billion by Q3 2021; Construction Contributes 25.6%
By the end of the third quarter of 2021, total domestic credit provided by banking and financial institutions reached US$44.9 billion, an increase of 23% compared to the same period last year, according to a National Bank (NBC) report on 20 December. Among all, credit given to the construction sector was at US$11.5 billion, or 25.6% of the total credit. This number has increased by 31.2% compar...
Read MoreNew Flyover Set to be Built at Century Plaza Intersection
The Phnom Penh Municipal Administration plans to build a new flyover at the Century Plaza Market intersection to ease the traffic congestion on Russian Blvd, St. 2004, and St. 2011. The project was discussed in a meeting held on 20 December, led by Phnom Penh Governor HE Khuong Sreng, with relevant departments and officials in 14 districts. HE Khuong Sreng said that the traffic flow along Ru...
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