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ខ្មែរ Uncategorized
Cambodia Asks WB for Larger-Scale Financial Assistance in Infrastructure Development
- 14 September 2021
The Minister of Economy and Finance (MEF) has requested the World Bank to consider providing larger-scale financial assistance, known as advanced concessional loans, for Cambodia, in particular for nationwide infrastructure investment projects. The remark was made by MEF Minister HE Aun Pornmoniroth in the virtual farewell meeting with the outgoing Vice President for East Asia and Pacific World...
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EuroCham to Host Virtual Conference Addressing Necessity of Standards in Real Estate Sector
- 14 September 2021
The European Chamber of Commerce in Cambodia (EuroCham) will host a virtual conference addressing “The Importance of Standards in the Real Estate Industry - A Case for Following RICS Standards" on Thursday 16 September. The webinar session will gather leading real estate & construction experts and professionals to share knowledge and the most up-to-date know-how experiences within the secto...
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China Plays Key Role in Infrastructure Development in Cambodia, says PM Hun Sen
- 13 September 2021
China has played a key role in infrastructure development projects in Cambodia, according to Cambodian Prime Minister Samdech Hun Sen. Speaking at the Morodok Techo National Stadium handover ceremony on Sunday, Samdech Hun Sen said to date China is the top financing source for Cambodia’s infrastructure development. "Some would say we lean too much toward China. But, if China doesn’t help us,...
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PM Hun Sen to Use Trophy Cash to Build Decent Houses for Veterans
- 13 September 2021
Cambodia Prime Minister Hun Sen will use the US$1 milllion trophy cash from the World Summit of Peace to build decent houses for veterans. The remarks were made after PM Hun Sen won a medal in the “7th World Rally of Hope: Think-Tank 2022” held on 12 September via videoconference on the theme of "Peace in the Asia-Pacific". “For the US$1 million trophy cash I got from the conference, I will ...
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China Hands Over US$150m Stadium to Cambodia & Signs Six New Cooperation Agreements
- 13 September 2021
China has officially handed over the US$150 million Morodok Techo Stadium to Cambodia and signed six new agreements providing Cambodia with over US$270 million more in financial assistance. The two ceremonies were presided over by Cambodia Prime Minister Samdech Hun Sen and State Councilor and Foreign Minister of China Wang Yi on Sunday 12 September. With construction beginning in April 2017...
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Renaissance Minerals receives gold mining exploration license in Thbong Khmom
- 10 September 2021
The Ministry of Mines and Energy has given license to Renaissance Minerals (Cambodia) to explore for gold in Choam Tamao commune, Memot district of Tbong Khmum province after the firm recently announced Cambodia's first commercial gold mining industry in Mondulkiri province in June. The matter was discussed in detail between Tbong Khmum Governor HE Cheam Chansophoan during the meeting with comp...
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New US$5-million Garment Factory Approved for Kean Svay District
- 10 September 2021
The Council for the Development of Cambodia (CDC) has approved a new US$5 million investment project located in Kean Svay district in Kandal province. The firm receiving the permit is Flourish Garment (Cambodia) Co., Ltd, which will build a garment factory that would help generate 1,414 jobs for the locals. According to a CDC report, in the first half of 2021, the CDC has approved 87 new inv...
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New US$1.3-million Water Treatment Plant Set for Kampot Province
- 9 September 2021
The Kampot Provincial Administration has allowed a private firm Sinhour Long Water Industry (Cambodia) Co.Ltd, to invest US$1.3 million to build a new water treatment plant in downtown Kampot. According to Kampot Governor HE Cheav Tay in the meeting with relevant parties on Thursday 9 September, the water treatment plant will be built in O Touch village, Sangkat Andoung Khmer in Kampot city. ...
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MPWT Institute Joins Hand with RMA Group Strengthening Technical Skills for Students
- 9 September 2021
TECHO SEN Institute of Public Works and Transport has signed an MoU with RMA Cambodia Plc, a company specialising in automotive, construction technic, and heavy engineering equipment, to strengthen the technical skills of students in the institute. Through this MoU, the two parties will jointly establish training programs and exchange the usages of equipment, construction materials, and resourc...
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No New Loan Agreements Signed in H1 2021 as Most Development Projects Delayed
- 9 September 2021
In the first half of 2021, the Cambodian government has not signed any new concessional loan agreements as new development projects are under study and preparation phase and are delayed due to the Covid-19 pandemic. According to a report from the Ministry of Economy and Finance, accumulatively, from 1993 to June 30, the government has signed concessional loan agreements with development partner...
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