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ខ្មែរ Uncategorized
Ground Broken on US$22-million Japanese-Funded Clean Water System in Pursat
- 13 December 2021
The Government of Japan has provided US$21.9 million in grant aid to build a new water supply system in Pursat province to increase access to clean water for the local people. The ground-breaking ceremony of this water supply system took place on 13 December, in the presence of Japan Ambassador to Cambodia HE Mikami Masahiro and Minister of Industry, Science, Technology and Innovation HE Cham P...
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Phnom Penh Autonomous Port Earns US$30 million in 11 Months
- 13 December 2021
During an 11-month period of 2021, the revenue of Phnom Penh Autonomous Port (PPAP) was at US$30 million, a 14% increase compared to the same period in 2020. According to the PPAP’s report published on 9 December, of total revenue, port operation revenue was at US$24.37 million (up 16% y-o-y), port authority revenue at US$3.23 million in (down 3% y-o-y), revenue from other services at US$300,00...
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Construction of New Road Connecting Steung Treng to Kratie Completed
- 13 December 2021
Construction of a new rural road connecting Steung Treng and Kratie provinces, which was built with the donation from Prime Minister Samdech Hun Sen, has been completed. The road is 15km long and 6m wide, connecting O’Mreah commune to Siem Bok commune in Siem Bok district which is on the border of Kratie province. Steung Treng Governor HE Svay Sam Eang said that the road will play a major ro...
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Construction of PP-SHV Expressway Over 70% Complete
- 12 December 2021
The construction of the 190-kilometre Phnom Penh-Sihanoukville Expressway was 70.93% complete as of November. The updates were shared in an inspection visit led by HE Yit Bonna, Secretary of State of the Ministry of Public Works and Transport (MPWT) on Friday 10 December. Having started construction on March 2019, the road is being built by PPSHV Expressway Co., Ltd., a subsidiary of China R...
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Construction & Real Estate May Not Return to Pre-COVID Level Anytime Soon, says WB
- 10 December 2021
The construction and real estate sector in Cambodia remain under pressure stemming from the COVID pandemic and may not recover to the pre-pandemic level anytime soon, despite the 2022 GDP growth forecast of 4.5%, according to a World Bank report issued on 9 December. The report said that major commercial and residential development projects continued to be impacted by the pandemic. Besides, exc...
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WB: High Credit Growth in Construction & Real Estate Remain Key Risks to Cambodia’s Economy
- 10 December 2021
The high credit growth and concentration of domestic credit in the construction and real estate sector remains a key risk to Cambodia’s financial stability despite the GDP growth rate projection of 4.5% in 2022, according to the latest World Bank report issued on 9 December. The report added that domestic credit in the construction and real estate sector started to pick up in the last quarter o...
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DPM Tea Banh: New National Defence Ministry Equipped with Numerous Unique Features
- 10 December 2021
Deputy Prime Minister and Minister of National Defence Samdech Tea Banh has expressed his pride in the newly completed Ministry of National Defence headquarters, citing that the building is equipped with numerous special features. Not revealing all the features, DPM Tea Banh only said that one of the special functions of the building is the large-scale rooftop helipad, which can allow Z-9 helic...
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Construction Starts on Cambodia’s Largest Biomass Power Plant
- 10 December 2021
Heineken Cambodia has begun the construction of its biomass power plant to generate thermal energy for its brewing process. The company said during the ground-breaking event held on 8 December that the plant will be Cambodia's largest Biomass Power Plant as a key part of the firm’s commitment to Brew a Better Cambodia. Built under a partnership with BECIS, this biomass plant represents an in...
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NR21B Rehabilitation Work in Kandal Province Set for Completion in One Month
- 10 December 2021
The expansion and rehabilitation of the 3km section of the NR21B connecting NR2 junction to Prek Samrong Bridge roundabout in Kandal province is scheduled to be completed in a month. The timeline was confirmed by HE Sun Chanthol, Minister of Public Works and Transport, who led the technical working group to inspect the site on 9 December 2021. HE Sun Chanthol said that the expansion and reha...
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Study Complete for SHV Port Expansion Project Phase 2 & 3
- 9 December 2021
The Minister of Public Works and Transport HE Sun Chanthol has given full support to the study result of Sihanoukville deep seaport expansion project Phase 2 & 3 that have just been completed by JICA. HE Sun Chanthol provided the feedback during a meeting with Director General of Sihanoukville Autonomous Port HE Lou Kim Chhon on Monday 8 December. According to the result, the port will b...
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