Uncategorized

Cambodia Installing 550 BeiDou GPS Units Nationwide to Reduce Illegal Transportation Activities

Photo Credit to: spacenews The China Great Wall Industry Corporation (CGWIC) will soon open a new office in Cambodia, and 550 BeiDou GPS units will be subsequently installed across Cambodia to interdict illegal transportation activities nationwide. This is according to the discussion between Minister of Public Works and Transport HE Sun Chanthol with the CGWIC Director and other relevant off...

Read More

Singapore Pledges to Continue Cooperation on Enhancing Logistics System in Cambodia

Cambodia and Singapore have committed to expanding cooperation on logistic infrastructure system, to help Cambodia become one of the most competitive trade centres in the region. The commitment was made during an official meeting between Minister of Public Works and Transport HE Sun Chanthol and new Singapore Ambassador Cambodia HE Teo Lay Cheng on 11 May. HE Teo Lay Cheng stated that Singap...

Read More

Discussion on Phnom Penh-Bavet Expressway Takes Another Step Forward

The Minister of Public Works and Transport HE Sun Chanthol on Monday held an online meeting with Svay Rieng Governor Men Vibol and relevant officials to discuss the progress of the Phnom Penh-Bavet expressway. The meeting aimed to resolve challenges that occurred during the process and speed up the procedure to meet the scheduled timeline, marking another step forward of this US$2-billion expre...

Read More

Properties Affecting NR5 Renovation Project Ordered to be Demolished Immediately 

Battambang Governor HE Nguon Rattanak has called for the immediate demolition of any properties affecting the NR5 renovation project, directed towards both legal properties that have already received compensation and illegal ones. Governor Rattanak said that during a site inspection on 10 May, citing the faster the demolition procedure goes, the faster the renovation could take place. The re...

Read More

Pavement Works Officially Begin for Phnom Penh-Sihanoukville Expressway

The construction of the US$2-billion Phnom Penh-Sihanoukville Expressway has taken another step forward, as the pavement work is already underway, according to the Facebook page of the Phnom Penh-Sihanoukville Expressway on 10 May. The same source said that the road is being paved with durable asphalt concrete or known as ATB-25, and the actual pavement has begun after the engineers completed t...

Read More

Ring Road 3 Construction 50% Complete, Says MPTW Spokesman

The construction of Ring Road 3 is proceeding smoothly despite the ongoing lockdown and COVID community outbreak. To date, progress is about 50% complete, according to the Ministry of Public Works and Transport (MPWT) spokesman Sotheayuth Heang on 09 May. If there are no further changes in plan or unexpected events, the completion is scheduled for 5 September 2022, he added. The ring road ha...

Read More

Germany Provides US$63m Grant to Cambodia for Economic Development

The German government has promised to provide approximately a US$63 million gran for Cambodia to support the country’s economic development from 2021 to 2022 after two days of negotiation between the two nations on 4 – 5 May. Of the total, approximately US$31 million will be used for financial cooperation while the rest will go to the technical cooperation. In March, the German government al...

Read More

Two New Factories Worth Over US$5 million Approved for Battambang and Kampong Speu

The Council for the Development of Cambodia (CDC) has officially approved private firms to invest in building two factories worth a total budget of approximately US$4.7 million in Battambang and Kampong Speu provinces. The first investment permit has been granted to Green Power Biochemical Co., Ltd to invest US$2.3 million in building a biochemical factory in Traeng commune, Rotanak Mondol dist...

Read More

Four Major Infrastructure Improvement Projects Set for Pursat Province

Pursat authorities are currently working on four major infrastructure improvements around the Tonle Sap Lake, including building a new drainage system, wastewater treatment plant, landfill, and flood prevention system. Deputy Director of the Provincial Department of Public Works and Transport Mr Si Vuth said during the site inspection on 6 May that the four projects have been running smoothly d...

Read More

AMRO: Faster Vaccination and Continued Fiscal Stimulus Keys to Economic Recovery

The ASEAN+3 Macroeconomic Research Office (AMRO) has recommended Cambodia speed up vaccinations and continue providing more targeted and flexible policy measures to achieve economic growth in the upcoming years. This suggestion came after the preliminary assessment by AMRO during its virtual Annual Consultation with the Cambodian authorities from 19 April to 4 May 2021. AMRO forecast that th...

Read More