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ខ្មែរ Uncategorized
Firms from Myanmar Mull Building Factories in Kampong Speu, says Governor
- 29 April 2021
Despite the current COVID-19 community outbreak and lockdown, Cambodia is still receiving investment opportunities, as plenty of firms based in Myanmar have recently expressed their interest in building factories in Kampong Speu province, according to Governor HE Vy Samnang. HE Samnang told the Construction & Property Magazine via Telegram on 28 April that at least 20 of them have been cont...
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ADB Prepares Over US$1.3bn in Loans & Aid for Cambodia for 2021-2023
- 29 April 2021
The Asian Development Bank (ADB) has prepared a total of over US$1.3 billion in loans and grant aid for Cambodia to support the country’s economic development and recovery from the COVID-19 pandemic. According to an ADB report released on 28 April, of the total lending pipeline for 2021-2023, US$1.35 billion is in form of concessional loans while another US$32.4 million is in grant aids. ADB...
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New Kampot Concrete Bridge Set for Completion End of 2021
- 29 April 2021
Construction of the Samdech Techo Troeuy Koh concrete bridge in Kampot city connecting Troeuy Koh and Andong Khmer communes is scheduled to be completed by the end of 2021, according to the Kampot provincial administration on 28 April. Kampot Governor HE Cheav Tay said during the site inspection that his office has been urging the working group to speed up the construction progress and also ask...
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Analysts Question ADB’s Property & Construction 2021 Growth Forecast
- 29 April 2021
The Asian Development Bank (ADB) on 28 April released a report forecasting that the Cambodian economy will grow by 4% in 2021 and 5.5% in 2022, while the construction and real estate sectors are also expected to recover from last year’s contraction. This growth forecast is indeed a positive sign. However, given the current lockdown and community outbreak situation, will the growth happen as for...
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Residents Near Sites of Siem Reap Road Sites Urged to Connect to State Water System
- 28 April 2021
The Siem Reap Provincial Administration has urged citizens and business owners living nearby the construction sites of the 38-road renovation project to apply for connection to the state water system now or at least before the construction is complete. According to the official announcement on 27 April, as the 38-road project also includes rearrangement of the underground wastewater and clean w...
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ADF Helps Cambodia Develop a Long-Term Energy Trajectory-Modelling Tool
- 27 April 2021
Agence Française de Développement (AFD) has provided €300,000 to help Cambodia develop a long-term energy trajectory-modelling tool, according to a press release early this month. The fund is provided through a program entitled “Energy Sector Modelling Tool for the Ministry of Economy and Finance of the Royal Government of Cambodia”, with the aim to support long-term low carbon development plan...
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Will Conflict Between China and Australia Over BRI Contract Affect Cambodia?
- 23 April 2021
Photo credit to Wccftech On 21 April, the Australian government announced it would revoke contracts signed by the state of Victoria with China over the Belt and Road Initiative in 2018 and 2019, stating that they were out of line with Australia’s foreign policy and their action is to prevent Australia from hosting a giant infrastructure scheme used for propaganda. China in response claimed t...
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Tbong Khmum Authorities to Turn X-16 Vietnam Border into New Historical Tourist Site
- 23 April 2021
Tbong Khmum provincial authorities are speeding up the construction of a new historical monument, aimed at transforming the Cambodia-Vietnam border X-16 into a historical tourist site before June this year. The site inspection was conducted on Thursday 22 April by the Royal Cambodian Armed Forces Deputy Commander-in-chief Sao Sokha and Tbong Khmum Provincial Governor Cheam Chansophorn. Accor...
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New Medical Laboratory Building in Sihanoukville Officially Handed Over
- 22 April 2021
A new Chinese-funded medical laboratory building in the Sihanoukville Provincial Referral Hospital has been completed and officially handed over to the Cambodian government. The handover ceremony took place via online conference earlier this week with the participation of the Chinese Ambassador to Cambodia HE Wang Wentian, Minister of Health HE Mam Bunheng and Sihanoukville Governor HE Kouch Ch...
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Mondulkiri Authorities Speed Up Work on Border Infrastructure Enhancement
- 22 April 2021
Mondulkiri Governor HE Svay Sam Eang inspected the construction sites of two border infrastructure rehabilitation projects on Wednesday 21 April to ensure that the work progress is on track and can be completed as scheduled by the end of 2021. The first project is the construction of the O'Plai concrete bridge, which is 45 metres long and 10 metres wide. Construction of the bridge began in Nove...
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