English 
ខ្មែរ Uncategorized
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
New Large-Scale COVID-19 Treatment Centre to be Built on 6ha in Prek Pnov
- 9 December 2021
Cambodia Prime Minister Samdech Hun Sen once again ordered the Phnom Penh Governor to cooperate with the Ministry of Health to speed up work on constructing a new large-scale COVID-19 treatment centre, aiming for completion before 2023. The order was given during the PM’s site inspection on the construction progress of the new Phnom Penh international airport on 9 December. The treatment cen...
Read More
New Pnnom Penh Airport Named ‘Techo International Airport’; Now 27% Complete
- 9 December 2021
As of December 2021, the construction project of the new Phnom Penh Airport, which has recently been renamed as the "Techo International Airport, Takhmao City" has reached 27% completion, on track to start operation by 2023. This is according to the site inspection by Cambodia Prime Minister Samdech Hun Sen on 9 December. On this occasion, Cambodia Airport Investment Co., Ltd (CIAC) and OCIC...
Read More
PM Urges Domestic Private Firms to Invest in Bonds to Fund New PP Airport Construction
- 9 December 2021
Prime Minister Samdech Hun Sen has urged local financial institutions to invest in the new Phnom Penh International Airport in Kandal province through the US$300-million guaranteed bond issued by Cambodia Airport Investment Co., Ltd (CAIC). Among the total bond amount, to date, over US$80 million have been issued to many firms such as banks, insurance companies, and other financial institutions...
Read More
Siem Reap, JICA Accelerate Smart City Project Masterplan Progress
- 8 December 2021
The Siem Reap Provincial Administration and the Japan International Cooperation Agency (JICA) have discussed the progress of the smart city master plan, to accelerate implementation. The discussion focusing on technical cooperation was chaired by Siem Reap Governor HE Tea Seiha and JICA (Cambodia) Director Kamei Haruko. In the decision, the two parties also agreed to begin technical cooperat...
Read More