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ខ្មែរ Uncategorized
Royal Group Invests US$35 million Building 70km of Roads on Koh Rong Island
- 14 July 2020
The Royal Group has injected US$35 million to build 70km of concrete roads on Koh Rong Island, as part of the firm’s development masterplan. The 70km of road is to be built by Sinohydro Construction Co Ltd from China, and the construction agreement was signed on 14 July at Preah Sihanouk province. According to a press release from the Royal Group, the project is costing US$35 million and wil...
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City Hall Redesigning Sokimex Kbal Thnal and Wat Neak Voan Junctions
- 14 July 2020
Phnom Penh Municipality is adjusting the traffic flow at the Sokimex Kbal Thnal junction (the junction of Monivong Blvd, St. 271, and Hun Sen Blvd), and Wat Neak Voan Junction (the junction of St. 221 and Russian Blvd), by constructing new roads, expanding existing roads, and reconfiguring traffic lights. For the Sokimex Kbal Thnal junction, two new roads will be built with the first connecting...
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20 Investment Projects Proposed in Siem Reap Development Master Plan
- 14 July 2020
At least 20 major investment projects have been proposed as part of the 2020-2035 Siem Reap Tourism Development Masterplan during an inter-ministerial meeting last week. The meeting was joined by the Ministry of Tourism, the Ministry of Environment, the Ministry of Culture and Fine Arts, and the Siem Reap Provincial Municipality. During the meeting, the committee agreed to set up governance and...
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Cambodia and other 5 Countries Agree to Donate US$180.2 million to Fund BRI Projects
- 10 July 2020
Cambodia and other 5 countries including China, Egypt, Saudi Arabia, Hungary, and the Philippines have agreed to donate US$180.2 million as a multilateral fund to support Belt and Road Initiative (BRI) infrastructure projects, according to China Daily on 08 July 2020. The fund was set up by the Multilateral Cooperation Center for Development Finance and approved by the Asian Infrastructure Inve...
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Gov’t will not cut infrastructure spending
- 10 July 2020
The Cambodian government is excluding funding for building and restoring infrastructure from its COVID-19 budget cuts. According to the government announcement, the 2020 fiscal budget cut is being implemented to save money for economic recovery, which has been hit hard by the pandemic. The budget gained expenditure cutting will be used as a subsidy fund for COVID-19 affected-garment workers,...
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Cambodia’s loan demand rose by 20.7% in H1, 28.8% of which from construction and property sector
- 9 July 2020
Bank loan demand in Cambodia rose by 20.7% to US$26.7 billion during the first half of 2020, of which the construction and real estate sector accounted for 28, 8%, according to the biannual report of the National Bank of Cambodia. The report continues that the loans have been given to key sectors and among which personal mortgages accounted for 11.6%, property loans 8%, and construction loans 9...
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Calmette Hospital US$40 million Multipurpose Building 40% Complete
- 9 July 2020
Construction of the Calmette Hospital multipurpose building is now 40% complete by as scheduled, according to Health Minister HE Dr Mam Bunheng in an interview on BTV on July 07. HE Dr Mam Bunheng said that as the minister of health, he always checks on the infrastructure development of the hospital as well as medical staff and encourages construction workers to finish the construction on time....
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Ratanakiri Province Now Connected to National Grid
- 9 July 2020
Ratanakiri province can now access the national grid with power was supplied from the Lower Sesan Dam 2 on a 230-kilowatt high-voltage transmission line. Electricity du Cambodge (EDC) officially launched a 230-kilowatt high-voltage transmission line about 102 kilometres from the Sesan Dam 2 in Stung Treng province and a new 230-kilowatt grid substation in Ratanakiri province over last weekend, ...
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Huawei to Expand Smart PV Tech Market in Cambodia
- 8 July 2020
Huawei has signed a partnership with ASEAN's largest cable technology company to expand the supply of its smart, or new FusionSolar power, in six countries including Cambodia, Indonesia, Laos, Myanmar, the Philippines and Thailand, according to PV magazine on 07 July 2020. The partnership between Huawei and JJ-LAPP, the largest cable technology company in ASEAN, will boost Huawei's sales, distr...
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Two Pedestrian Bridges to be Built on NR 3
- 7 July 2020
The government is planning to construct two pedestrian bridges on National Road 3, one in Takeo province and another in Kampong Speu, to help ease traffic and avoid accidents at the busy market areas, according to an AKP report on 07 July. At a meeting to review the road safety results of H1 and the working direction for H2 of 2020, Minister of Public Works and Transport HE Sun Chanthol said th...
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