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New Tourism Port Set for Kep Province

The Kep provincial administration has recently allowed a private company to build another tourism port in the city to facilitate the travel of tourists and fishermen. The project agreement was signed on Tuesday 3 August between Kep Governor HE Som Piseth and the company representative. Named Se Sar (White Horse) port, the port project has reached the construction agreement after studying the...

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10-Hectare Landfill in Kampong Chhnang Set for Completion by Late 2021

Construction of the 10-hectare landfill in Kampong Chhnang is proceeding smoothly and scheduled for completion by the end of 2021 as planned, according to Kampong Chhnang Governor HE Sun Sovannarith during a site inspection on Tuesday 3 August. The entire project includes the construction of landfills, sewage treatment plants, filter ponds, administrative buildings, water quality control well, ...

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APSARA Authority Speeds Up Renovation Work on Small Circuit Road

The APSARA Authority is speeding up the renovation on the small circuit road in Angkor archaeological park from the Terrace of the Elephants to Banteay Kdei temple with a total length of over 6,300 metres. According to the announcement by the APSARA Authority on 4 August, the renovation is divided into three sections including a 2km section from Terrace of the Elephants to Ta Keo temple, a 2km ...

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More Construction Firms Enter Stock Market; CSX Approves JS Land Plc’s Listing

The Cambodia Securities Exchange (CSX) has granted approval in principle on an equity securities listing eligibility review to JS Land Plc. In a press release on 3 August 2021, CSX said that in order to be officially listed and have its securities trade on the CSX, JS Land Plc shall get approval for the public offering from the Securities and Exchange Regulator of Cambodia and meet further list...

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Mines Ministry Questions KrisEnergy Over Missing Oil Case

The Ministry of Mines and Energy has been in talks with KrisEnergy over 300,000 barrels of missing oil after the company announced bankruptcy. The ministry’s Director General of Petroleum HE Cheap Sour said on Tuesday that the ministry is questioning KrisEnergy over the case, but has yet to reach any conclusion. According to Samdech Hun Sen’s announcement on Sunday, KrisEnergy secretly left ...

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Construction of 700MW Coal Power Plant in SHV 40% Complete

The construction of the 700 MW coal-fired power plant in Sihanoukville is now 40% complete and is expected to go online by 2023, according to a senior official at the Ministry of Mines and Energy. Director-General of Energy HE Victor Jona said that the construction process has been on schedule despite disruptions that have occurred due to the pandemic. “As of today, the company is preparing ...

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Two Factories Worth Over US$8 million Approved for Kampong Speu & Kandal

The Council for the Development of Cambodia (CDC) approved two investment projects on Monday 2 August worth US$8.5 million for Kampong Speu and Kandal provinces. The first investment permit has been granted to Sen Wang Ying New Material Co., Ltd to invest US$4.1 million to build a shoe accessories factory in Samraong Tong district, Kampong Speu province. The second is Gianni Vince Bags (Camb...

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Cambodia Lowers Growth Forecast to 2.5% for 2021; Property Sector Remains Uncertain

Cambodian Prime Minister Samdech Hun Sen has lowered the kingdom’s forecasted economic growth from 4% to only 2.5% this year, due to the severe impact of the COVID-19 pandemic. Samdech Hun Sen explained that this growth will be mainly supported by the agricultural sector as the export of agricultural products has increased more than expected. The Council for the Development of Cambodia also ...

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PP City Hall Unveils Plan to Build Three More Wastewater Treatment Plants by 2035

The Phnom Penh Municipality in cooperation with JICA has unveiled plans to build three more wastewater treatment plants from 2026 to 2035, following the ground-breaking on the Beoung Choeung Ek plant in May. According to the Sustainable City Development Plan for Phnom Penh (2018-2035), Boeung Trabek, Boeng Tumpun and Boeung Ta Mok have been selected as potential locations for the construction o...

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Cambodia urges Russian companies to invest in oil sector

Mines Ministry has urged Russian companies to invest in many potential sectors in Cambodia, especially the development of oil and electricity. HE Sok Khavan, Secretary of State of the Ministry of Mines and Energy, made this request during the 1st Online Business Mission of Russian Companies to the Kingdom of Cambodia meeting last week. During the meeting, he highlighted the background and ac...

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