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ខ្មែរ Uncategorized
ADB pledges $89 million for water supply and sanitation services and financial sector
- 1 November 2019
Two agreements worth $89 million were signed on 03 October by the Asian Development Bank (ADB) and Cambodia’s Ministry of Economy and Finance to improve access to water supply and sanitation services in rural areas, and to enhance the country’s financial sector. The agreements were signed by ADB Country Director for Cambodia Ms. Sunniya Durrani-Jamal and Cambodia’s Deputy Prime Minister and Min...
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Five major infrastructure projects in SEA win Bentley Systems’ Year in Infrastructure 2019 Awards Program
- 31 October 2019
Five major infrastructure projects in Singapore, Malaysia and Indonesia have won the Bentley Systems’ Year in Infrastructure 2019 Awards Program which was awarded during the annual awards program held from 21 October through 24 in Singapore at the Marina Bay Sands Expo and Convention Centre. The awards were handed to SEA winners after project executors chose infrastructure software from Bentley...
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National Road 3 (Phnom Penh-Kampot) will cost more than US$219 million
- 30 October 2019
With an approximately more than US$219 million will be used to construct a National Road 3 (Phnom Penh-Kampot), the road is believed to be high quality and long term of use. The budget of implementing this project came from the concession financing from the People's Republic of China, together with the Royal Government of Cambodia according to Ministry of Public Works and Transport. A company t...
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Behind the Success of Design & Build in Cambodia’s Construction Industry
- 30 October 2019
Construction in Cambodia has been rapidly growing in the last decade and expecting to grow more due to vast urban and rural areas that are left to be developed. According to Ministry of Land Management Urban Planning and Construction (MLMUPC), more than US$2.7 billion in construction investment projects were approved within the first quarter of 2019. Most of the investments are on high-rise reside...
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Cambodia drops six places on Doing Business 2020, though construction improves
- 30 October 2019
Cambodia has dropped six places in the World Bank’s ranking on Doing Business 2020, yet the country has made improvements in dealing with construction permits, getting electricity, and resolving insolvency among the 10 topics studied. The recently published Doing Business 2020 shows that Cambodia ranks 144 out of the 190 rankings, reflecting a drop of 6 places compared to the ranking in 2019 wher...
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Deputy Prime Minister demands single standard for new road construction in Sihanoukville
- 28 October 2019
Cambodia's Deputy Prime Minister and Minister of the Ministry of Land Management Urban Planning and Construction (MLMUPC) H.E Chea Sophara has instructed the contractor for road construction in Sihanoukville to ensure a single standard of construction for the road building in the province. The instruction came as the construction contract for 34 roads in Sihanoukville using a US$100 million bud...
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Cambodia must address challenges to benefit from digital economy
- 28 October 2019
With the rapid development of the digitised society, Cambodia still needs to improve in a number of areas to gain benefit from the digital economy, according to a recent World Bank report. The report concludes that Cambodia still needs to address four challenges before absorbing the diverse benefits available from a digital economy. According to World Bank report, the first factor is that Cambo...
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Bangladesh to send construction workers as Cambodian numbers decline
- 26 October 2019
The construction sector employs an average of 200,000 to 220,000 Cambodian workers per day, but this number dropped by 31.81% in September 2019 compared to the same period of last year, according to an October report by the Ministry of Land Management Urban Planning and Construction (MLMUPC). Bangladesh's New Age news reported that Salim Reza, secretary of the Ministry of Expatriates Welfare an...
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More underground parking lots needed in Phnom Penh amid rapid growth in vehicles
- 19 October 2019
More underground parking lots are needed in Phnom Penh amid rapid urban development and the rise in number of vehicles in the city, said Prime Minister Samdech Techo Hun Sen. Addressing Cambodia’s rapid development during a meeting with Cambodians residing in Switzerland in July, Samdech Techo Hun Sen said that Phnom Penh is currently facing a pressing problem with the shortage of car parking s...
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Government approves US$22 million for Special Economic Zone projects
- 18 October 2019
The Council for the Development of Cambodia (CDC) announced on its Facebook page on 16 October of its approval of several projects, including four projects related to the construction industry, with investment capital worth more than US$22 million and creating 1958 jobs in the Sihanoukville Special Economic Zone (SEZ). One project is a furniture factory for FPZ Furniture (Cambodia) Co., Ltd, us...
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