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Public Infrastructure Projects Still Ongoing Despite Lockdown, says MPTW Spokesman
Ministry of Public Works and Transport spokesman Vasim Sorya said that progress on major state infrastructure projects is still continuing as planned despite the current lockdown measures. According to HE Vasim Sorya, the curfew and lockdown measures in some areas such as in Phnom Penh and Takhmao City can cause some difficulties for the travel of engineers and on-site inspections. However, at ...
Read MoreSingaporean Firms Unveil Details for US$200 Million Phnom Penh Logistics Complex
Relevant Singaporean firms held a roundtable meeting to discuss investment opportunities in Cambodia’s logistics system and revealed that the recently-inked Phnom Penh Logistics Complex (PPLC) could cost over US$200 million, according to The Straits Times. The meeting was chaired by Infrastructure Asia and YHC Group and was attended by over 30 representatives from other key players including Su...
Read MoreStudy Complete for NR33 Renovation Connecting Kampot Town to Vietnam Border
The preliminary study for the NR33 renovation project connecting downtown Kampot to the Cambodia-Vietnam border has been completed and is currently being reviewed by the relevant ministries. The Ministry of Environment will play the leading role in the reviewing procedure as the focus will be on social and environmental impacts. Upon final completion of the study, the project will be impleme...
Read MoreCambodia, Japan Officially Sign Construction Contract for Choeung Ek Wastewater Treatment Plant
The Phnom Penh Department of Public Works and Transport (DPWT) and Kubota Metawater Joint Venture officially signed a construction contract on Tuesday 20 April for a large-scale wastewater treatment plant at Choeung Ek Lake in the southern part of Phnom Penh. Construction is expected to begin by the end of the month. The signing ceremony came after Japanese private firm Kubota Metawater Joint V...
Read MoreGov’t Approved Over US$7.7 billion in Construction Projects During 2020, Down by 32% Y-o-Y
A recent report by the Ministry of Economy and Finance has shown that the value of approved construction projects during 2020 was recorded at US$7.7 billion, down 32% compared to 2019. The report added the total area of the approved projects is about 17 million square metres, which was also a decrease of 27%. The ministry did not specify the total number of projects approved but forecasted t...
Read MoreUS$160-million Morodok Techo Stadium Almost 100% Complete
Construction of the US$160-million Chinese-funded Morodok Techo Stadium is almost 100% complete and is expected to be finished next month despite the recent surge in the COVID-19 community outbreak. The stadium is being built by China State Construction Engineering Corporation on an area of 94 hectares in Sangkat Prek Ta Sek of Russey Keo district. With ground broken in April 2017, the stadi...
Read MoreGov’t Approves Three Major Investment Projects Worth Approx. US$8 Million
The Council for the Development of Cambodia (CDC) has recently approved three major investment projects worth approximately US$8 million in Phnom Penh, Kandal and Kampong Speu. The first permit was given to Vanzel Printing & Packaging (Cambodia) Co., Ltd, which will invest US$2.1 million to build a garment and printing accessories factory along NR3 in Kandal Steung district, Kandal province...
Read MoreComparing Two Types of Real Estate Business Licenses in Cambodia
All development business for condominiums, land lots, office buildings, malls and residences for the purpose of selling or long-term leasing must be licensed by the Ministry or permitted by the Provincial-Municipal Department. All real estate development businesses are divided into three categories: 1) residential development building apartments and villas for sale, 2) co-ownership building bus...
Read MoreJapanese Firm Wins Bid for Choeung Ek Wastewater Treatment Plant Construction Work
A Japanese private company Kubota Metawater Joint Venture has won a bid to construct a US$27 million large-scale wastewater treatment plant at Choeung Ek Lake in the southern part of Phnom Penh. The bidding ceremony was held in Tokyo, Japan on 12 April. With the capacity to treat water up to 5,000 cubic metres/day, the Choeung Ek water treatment plant will be large enough to manage wastewate...
Read MoreChinese Loan Not a Debt Trap, Says Chinese Embassy
The Chinese Embassy in Cambodia yesterday issued a letter stating that China has no intention of setting up a debt trap or seizing Cambodia's sovereignty. However, the Chinese loans rather have helped promote development in Cambodia to a large extent. The letter was issued in response to RFA's recent allegations that the Chinese loans to Cambodia violated human rights and would put Cambodia in ...
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