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ខ្មែរ Uncategorized
Siem Reap 38-Road Renovations 80% Complete
- 14 October 2021
Despite the ongoing COVID-19 restrictions in Siem Reap, the construction of the 38-road renovation project remains on track, and now over 80% complete, according to a progress update meeting on Wednesday 13 October. Siem Reap Deputy Governor Pin Prak said during the meeting that the entire project could reach final completion by the end of the year and be officially inaugurated for public usage...
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Cambodia Establishes Digitalised Manufacturing Centre
- 14 October 2021
The Japanese government, through the Embassy of Japan in Cambodia, has provided approximately US$4.5 million to support the operation of a digitalised manufacturing centre, located at the Royal University of Phnom Penh. The grant was announced at a press conference on 14 October under the chairmanship of RUPP Chair of board HE Dr Mey Kalyan, Japanese Ambassador to Cambodia HE Mikami Masahiro, a...
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CDC Approves 134 Investment Projects Worth US$3.3bn in First Three Quarters of 2021
- 13 October 2021
During the first three quarters of 2021, the Council for the Development of Cambodia (CDC) has approved a total of 134 investment projects worth over US$3.3 billion, according to a CDC report published in Freshnews. The report added that the number of projects decreased by 24.7% while the investment also dropped by 48%, compared to the same period last year, but have generated over 85,572 jobs ...
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ADB to Provide US$100 billion in Climate Financing to Developing Countries
- 13 October 2021
The Asian Development Bank (ADB) announced on 13 October 2021, that it is ready to provide US$100 billion in climate financing to developing member countries including Cambodia for 2019-2030.The increased financial ambitions are an important part of ADB's efforts to support its developing member countries (DMCs), according to a press release.Climate change mitigation projects, including energy ...
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EU Provides US$17 million for Cambodia’s Rural Infrastructure Development
- 13 October 2021
The European Union through the Europe Investment Bank (EIB) will provide a €15 million grant aid (approximately US$17 million) to Cambodia for rural infrastructure development. The grant is part of the project to accelerate the implementation of the Sustainable Assets for Agriculture Markets, Business and Trade (SAAMBAT), according to a press release issued on 4 October. SAAMBAT is a US$120 ...
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Draft Master Plan to Digitalise Cambodia’s Transport Sector on Track
- 13 October 2021
Work on drafting a master plan to digitalise Cambodia’s public works and transport sector is on track, as a special working group of the Ministry of Public Works and Transport (MPWT) is accelerating the progress. MPWT Secretary of State HE Chhuon said during the follow-up meeting with relevant officers on 12 October that to date the working group has already achieved the collection of documents...
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Construction of ADB-funded landfill in Kep 90% complete
- 12 October 2021
Construction of an 8-hectare landfill in Prey Thom commune of Kep city has been over 90% completed as of September 2021, while the completion date will be delayed from October this year to early next year. According to a report from the Kep Provincial Administration, the landfill project is being built under an ADB loan under the ADB’s Greater Mekong Sub-region Tourism Infrastructure for Inclus...
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Construction materials import value up by 20% in first 8 months of 2021
- 12 October 2021
During the first eight months of 2021, the import value of all goods to Cambodia (except gold) was recorded at US$14.6 billion, an increase of 26.7% compared to the same period last year, while the construction materials import value also jumped by 23.7% y-o-y. According to a report from the Ministry of Economy and Finance, the rise in the total import value was due to the increase in imports o...
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CDC Approves Three Investment Projects Worth Over US$12m for PP & K. Speu
- 12 October 2021
The Council for the Development of Cambodia (CDC) has recently given permits to private firms to invest over US$12.6 million in establishing three factories in Kampong Speu and Phnom Penh. The first company is Lastingwinner Garment (Cambodia) Co., Ltd, which will invest US$4.2 million to set up a garment factory on NR3, Lvea village, Ang Popel commune, Kong Pisey district, Kampong Speu province...
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Japan Provides US$72 million in Grant Aid for Six Development Projects in Cambodia
- 12 October 2021
The Japanese government has agreed to provide approximately US$72.1 million in grant aid to Cambodia for six development projects, with US$57.6 million used for the Siem Reap Water Supply Expansion Project (Phase II) and the rest for five economic and social development projects. An Exchange of Notes for this aid agreement was signed on 11 October between Deputy Prime Minister HE Prak Sokhonn a...
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