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ខ្មែរ Uncategorized
Construction of New Bokor City Administration Building to Begin Soon
- 8 June 2021
Construction of the new Bokor city administration building is expected to begin soon as the Kampot Provincial Administration is currently inspecting the potential location. Kampot Governor HE Cheav Tay said during the site inspection on Tuesday 08 June that the potential would be a spot nearby the Kampot Provincial Department of Environment, next to the checkpoint going up to the Thansur Bokor ...
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Cambodia’s Oil Extraction Operator KrisEnergy Unable to Pay Debts, Requests Liquidation
- 8 June 2021
Cambodia’s oil extraction operator KrisEnergy has announced that it is unable to pay its debts based on actual and/or contingent liabilities and will soon proceed to liquidation, according to the firm’s press release on 4 June. KrisEnergy on the same date already submitted a winding-up petition to the Grand Court of the Cayman Islands. Meanwhile, the hearing date for the Winding Up Petition wil...
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Chinese Firm to Build US$200 million Tire Plant in Sihanoukville
- 8 June 2021
China-based Jiangsu General Science plans to build a US$200 million (1.3 billion yuan) tire plant in Sihanoukville with the capacity to produce 6 million units of passenger car tires annually, reported European Rubber Journal. To be located in the Sihanoukville special economic zone, the plant is expected to take 15 months to complete and is set for operation in September 2022. According to ...
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MPWT Urges Private Firm to Strengthen Construction Techniques for NR146B & NR148
- 7 June 2021
The Ministry of Public Works and Transport (MPWT) has urged the construction company to further strengthen techniques and follow all the agreed specifications for the NR146B and NR148 renovation projects, to ensure high quality and durability. Minister of Public Works and Transport HE Sun Chanthol said during the site inspection on the morning of 09 June that the project is going smoothly, whil...
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Technical Study on “Forever-Damaged” Kampot-Veal Renh Route to be Completed This Year, Expected to Cost US$60 million
- 7 June 2021
A study to properly repair the so-called ‘forever damaged' Kampot-Veal Renh road section is scheduled to be completed by the end of this year, with an estimated rehabilitation cost of about US$60 million. This is according to an inspection by the Minister of Public Works and Transport HE Sun Chanthol on Saturday 5 June. The NR3 section from Kampot to Veal Renh has a total length of 54.3 km, ...
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HLH Group Sells its Farm Resort Business in Singapore to Focus on Cambodia Operations
- 7 June 2021
Hong Lai Huat (HLG) group will be disposing its entire equity interest in HLH Agri R&D for the price of approximately US$3.6million, with the aim to focus more on their businesses in Cambodia, reported The Business Times. HLH Agri International has entered into a sale and purchase agreement with Gallop Green, a seafood farming and waste treatment disposal company, for the sale of the entire...
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Cambodia Generates 2,731 mW Energy Domestically, to Increase to 10,000mW by 2030
- 7 June 2021
Currently, Cambodia can domestically produce total energy up to a maximum of 2,731 mW, while the government is boosting more energy investment to increase power capacity to 10,000 mW by 2030. According to the Ministry of Mines and Energy, power sources in Cambodia are from heavy fueled power plants at236 mW, biomass-fueled power plants at 111 mW, solar PV stations at 360 mW, coal-fired power pl...
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MPWT to Build Cambodia’s First Asphalt Concrete Production Factory
- 5 June 2021
The Ministry of Public Works and Transport (MPWT) is planning to build Cambodia’s first asphalt concrete (AC) factory at the Kampot and Kep provincial border within this year, aiming to produce its own AC for road construction usage. MPWT Minister HE Sun Chanthol said during an inspection on the morning of Friday 04 June that the factory will have the capacity to produce 120 tons of AC per hour...
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Review of Draft Law on Payment Guarantee for Four Large-Scale Energy Projects Complete
- 4 June 2021
The National Assembly (NA) Committee has completed the review on four draft laws securing that the government will make payments as agreed to three private firms for investing in four large-scale energy-related projects. These four draft laws will be included in the agenda of the upcoming 6th National Assembly session, according to the NA’s meeting on Thursday 3 June. According to the meetin...
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Two New Factories Worth Over US$10 million Approved for Kandal and Phnom Penh
- 4 June 2021
The Council for the Development of Cambodia (CDC) has recently approved private firms to invest in building two factories, worth a total budget of approximately US$10 million in Kandal and Phnom Penh. The first investment permit has been granted to Impak (Cambodia) Co., Ltd to invest US$5million in building a suitcase and bag factory in Damnak Koh village, Samrong Leu commune, Ang Snoul distric...
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