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Sihanoukville 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...
Read MoreCambodia Produces Over 8.5 Billion Kilowatt-Hours of Electricity in 2020
Cambodia produced over 8.5 billion kilowatt-hours of electricity through various power plants such as coal-fired and hydropower plants over the course of 2020, a slight decrease of approximately 1.87% compared to 2019, according to Prime Minister Samdech Hun Sen’s recent keynote issued on 5 April. He added that the number of houses connected to the grid has increased to about 2.91 million, or a...
Read MoreOld Monivong Bridge Closed for 3 Days for Repairs
The old Monivong Bridge will be temporarily closed for three days for new pavement works, according to a Phnom Penh Municipality announcement on 07 April. The traffic closure starts from 8am on 08 April until 10 April 2021. Therefore, the traffic will be diverted to the new Monivong Bridge, in both directions. The renovation of the old Monivong Bridge is almost completed. Besides paving, the...
Read MoreSpecial Features Making PP-SHV Expressway a Green Development Project
Xinhua Net has recently reported that the under-construction US$2 billion Phnom Penh-Sihanoukville Expressway could become one of the greenest infrastructure projects in Cambodia due to three special features. 1. Eco-friendly Technology At the quarry site, the company installed dust collectors to suck out the dust and store it in a sewage sedimentation tank. After the process, the area can als...
Read MorePhnom Penh Monorail Feasibility Study Complete, Subway Option to Follow Next Month
The feasibility study of the monorail project has been completed, while the study of the subway option is scheduled to be completed in the next month, according to Public Works and Transport Minister Sun Chanthol this morning. During the meeting with the Asian Development Bank (ADB), HE Sun Chanthol said that the ministry also requested the ADB to help review the results and develop strategies ...
Read MoreGov’t Approves Two Investment Projects Worth Over US$12 Million in Kandal and Sihanoukville
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$12.6 million in Kandal and Sihanoukville. The first investment permit has been granted to MCBAG Co., Ltd to invest US$3.5 million in building a bag production factory in Bek Chan Commune, Angk Snuol District, Kandal. Another per...
Read MoreCambodia Imports Over US$1 Billion of Construction Materials in 2020, Down by 7.3% Y-o-Y
Construction materials imports were valued in 2020 at over US$1 billion, a decrease of 7.3% compared to 2019, according to a recent report by the Ministry of Commerce. Of all construction materials, steel imports fell by 27.52%, from about US$556 million in 2019 to US$403 million in 2020. Similar, cement imports value dropped sharply by 48.59% from US$128 million in 2019 to US$66 million in ...
Read MoreMalaysia’s MIDF Research: Cambodia Aviation Market to Quickly Recovery in Next Two Years
Malaysia's MIDF Research has predicted that the Cambodian aviation market will gain momentum in the next two years after the COVID-19 pandemic subsides, according to The Malaysian Reserve. The forecast analysed the 2021 and 2022 financial status of Malaysian firm Muhibbah Engineering, which has a 21% stake in Cambodia's three major airports: Phnom Penh, Siem Reap and Sihanoukville airports. ...
Read MoreLarge-Scale Infrastructure Renovations in Siem Reap and Sihanoukville Part of Tourism Recovery Roadmap
The government earlier this week approved the Roadmap on Cambodia's Tourism Restoration Plan, of which the large-scale infrastructure renovations in Sihanoukville and Siem Reap are the most crucial drivers in attracting more tourists after the pandemic subsides. The road map is divided into three stages. The first and the most important is the rehabilitation of tourism through public investment...
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