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Construction 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...
Read MoreJapan Provides Grant Aid to Build Schools, Water Resources & Irrigation System
The Japanese government has provided more than US$280,000 in grant aid to three Cambodian provinces including Steung Treng, Ratanakiri and Kampong Speu to build schools and rehabilitate irrigation systems. According to a press release from the Embassy of Japan in Cambodia, these funds are under the Grant Assistance for Grassroots Human Security Projects ("KUSANONE"). The assistance agreement...
Read MoreCambodia, Vietnam to Connect New Sea Tourist Destinations
Cambodia and Vietnam have agreed to boost cross-nation tourism by connecting Kampot Tourism Port and Bai Vong Tourism Port as well as co-creating cruise packages for tourists. According to the bilateral meeting on tourism cooperation between Cambodia and Vietnam on 10 October, both parties have agreed on multiple action plans for 2023-2024 as follows: 1) Strengthen travel and border facilita...
Read MoreCambodia, Thailand Discuss Reopening Four Land Border Gates
Authorities in Banteay Meanchey and Battambang provinces of Cambodia and Sa Kaeo province of Thailand have discussed the reopening border gates which have been shut down due to the COVID-19 pandemic. The discussion was held on 15 December with participation from representatives of the three provinces administrations. The meeting was ended up with an agreement on setting four border gates for...
Read MoreLand Minister: Illegal construction Activities Significantly Reduced After Enforcement of Construction Law
The construction sector in Cambodia has been improved with fewer illegal activities found after the implementation of the construction law in 2019, according to Minister of Land Management, Urban Planning and Construction HE Chea Sophara during a meeting with JICA Chief Representative Kamei Haruko on 16 December. Minister Chea Sophara said three sub-sectors in the construction industry have see...
Read MoreUNDP, MPWT to Install Five EV Charging Stations Across Cambodia
The Ministry of Public Works and Transport (MPWT) and UNDP are studying the possibility of setting up five electric vehicles (EV) charging stations across the country, including Battambang and Siem Reap. HE Chhuon Vorn, Director-General of Land Transport of MPWT, on 15-17 December led the team to inspect the potential locations before proceeding to a further stage. These five EV charging sta...
Read MoreUS$160 million Morodok Techo Stadium Officially Inaugurated
The main stadium building, the largest building of the Moradok Techo National Stadium in Chroy Changvar district, was officially inaugurated on Saturday 18 December. The inauguration ceremony of the stadium was presided over by Prime Minister Samdech Hun Sen and Chinese Ambassador to Cambodia Wang Wentian with 15,000 participants. With ground broken in April 2017, the stadium was by China St...
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