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Government Mulls Building Another 150-megawatt Hydropower Dam

The Council of the Ministers on Friday will discuss whether or not to approve a new 150-megawatt hydropower dam project in Thmar Bang district of Koh Kong Province. According to a statement from the Government’s Spokesman Unit, the 150-megawatt power dam project was proposed for a feasibility study by Chinese firms –Chint Group and Sinomath in September last year. The Minister of Mines and E...

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Chinese Firm Mulls Investing in Oil Refinery in Cambodia

Chinese firm Hainan Starlight Chemical Co., Ltd has recently expressed interest in establishing an oil refinery in Cambodia. This interest was raised during a courtesy meeting between Minister of Mines and Energy HE Suy Sem and representatives from Hainan Starlight Chemical Co., Ltd on 21 October. The purpose of this meeting was to discuss the potential of investment projects in the oil and ...

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S. Korea Provides US$80-million Grant Aid for 12 Development Projects in Cambodia

The Korea International Cooperation Agency (KOICA) has provided US$80 million in grant aid for 12 major development projects in Cambodia, according to a meeting between the Minister Attached to the Prime Minister HE Chhieng Yanara and KOICA Country Director Rho Hyunjun on 21 October. Mr Rho Hyunjun said that the US$80 million is for prioritised projects from 2021 to 2022. However, KOICA has thu...

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New Phnom Penh Airport Site Untouched by Floods, Demonstrating Good Landscaping Design

The new Phnom Penh Airport construction site in Kandal province was not affected by the floods, although the areas around the site are flooded. This demonstrates the well-planned water management system and good landscaping architectural design. The Secretariat of State for Civil Aviation's Spokesman Mr Sin Chanseryvutha said the flood inundated the access roads to the construction site, causin...

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Cambodia Chamber of Commerce Drafting Investment Guidebook to Attract More FDI

The Cambodia Chamber of Commerce is currently compiling investment guidebooks for each province nationwide, aiming to help ease the business environment for investors, both local and international. As of today, the relevant institutions are focusing on finding input for investment guidebooks of two provinces, Siem Reap and Oddar Meanchey. The books aim to serve as a reference document for in...

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KrisEnergy Receives Loan to Secure Scheduled Oil Extraction in Cambodia

KrisEnergy has reached a loan agreement with Kepinvest Singapore to secure oil extraction offshore of Cambodia as planned before the end of this year. According to the firm’s recent announcement, the US$87-million loan will be divided into two parts, with US$30 million to be used for facility A and another US$57 million to be used for facility B. Both are in phase I of the Apsara project. Kr...

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Siem Reap to Put Optic Cable Underground While Renovating the 38 Roads

The Siem Reap provincial administration is preparing to embed optic cables underground while renovating 38 roads, according to the outcome of a meeting held by relevant officials on 19 October. Not only increasing the province’s beauty but putting the cables underground is also part of the government policy to make Siem Reap a smart city in the future. The meeting also discussed other topics...

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MPWT to Seek More Funds to Repair Over 400 km of Flood-damaged Roads

The Ministry of Public Works and Transport (MPWT) will seek more funds to repair over 400 kilometres of flood-damaged infrastructure across the country, according to Minister of Public Works and Transport HE Sun Chanthol during road inspection on 19 October. “The last report I received was on the 17 October. Around 123 roads, 308 sections or equal to 400 kilometres of road were damaged by the f...

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MPWT Choosing Locations for Ring Road 4 Construction

The Ministry of Public Works and Transport held an inter-ministerial meeting on 19 October to discuss the locations of the Ring Road 4 construction. The ministry has revealed that the route will be around 195km and pass through four provinces. The meeting was participated in by eight representatives from relevant ministries and ten private firms, both local and international. The ministry re...

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Advertorial: ISI STEEL Offering Over 600 Rewards Every Month

ISI STEEL is offering over 600 rewards every month via a scratch-to-win program for customers who purchase ISI PALM, ISI PIPE and ISI STEEL. Those who purchase any of the two products to a value of US$200 upward will get a scratch-off lottery ticket, valid from today until the rewards are out of stock. The program is valid for ISI customers only. You can purchase ISI products from the neares...

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