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Study 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 ...
Read MoreSihanoukville Not Best Strategic Spot for Chinese Naval Base: The Diplomat
An article by The Diplomat has recently asserted that Sihanoukville's Ream bay is not the ideal strategic spot for a Chinese naval base. The article was written by local analyst and researcher Chen Heang where he provided four key arguments to support his claim. 1) Ream Bay is not deep enough to undertake major naval actions Large naval vessels generally require deep water to operate, but Kamp...
Read MoreOver 50 Private Firms Show Interest in Cambodia’s Infrastructure Investment
More than 50 national and international companies have recently expressed interest in investing in Cambodia's infrastructure, according to an online meeting between the Ministry of Public Works and Transport (MPWT) and those firms on 07 April. MPWT Minister HE Sun Chanthol, in response, fully supported and welcomed all investments related to infrastructure. The minister has also committed to wo...
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