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Deputy Prime Minister demands single standard for new road construction in Sihanoukville
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...
Read MoreCambodia must address challenges to benefit from digital economy
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...
Read MoreBangladesh to send construction workers as Cambodian numbers decline
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...
Read MoreMore underground parking lots needed in Phnom Penh amid rapid growth in vehicles
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...
Read MoreGovernment approves US$22 million for Special Economic Zone projects
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...
Read MoreUS$6.4 billion invested into construction sector
The construction sector in Cambodia continues to grow according to a report by the Ministry of Land Management Urban Planning and Construction (MLMUPC) which shows an increase in investment of more than 34% year-on-year to more than US$6 billion. The recently released data reveals that between January -September this year, the ministry approved 3,433 construction projects valued at more than US...
Read MoreBelt and Road Initiative book to enhance China – Cambodia friendship
The 11 October launch of the book ‘Belt and Road Initiative (BRI) and Its Implications for Cambodia's Development’ is intended to enhance the friendship between China and Cambodia. Speaking at the launch event, Zuo Wenxing, a political counsellor of the Chinese embassy to Cambodia admired the group of scholars for making the book a reality. “We believe this book will become a new window for ...
Read MoreYang Ming first shipping company to launch direct route from China to Vietnam and Cambodia
Yang Ming Marine Transportation Corporation, a Taiwanese ocean shipping company announced in a press release saying that it will soon have a shipping route service directly from China to Vietnam and Cambodia, called the CVK service. “In light of the strong cargo volumes in the area of China, Vietnam, and Cambodia, Yang Ming is pleased to announce the launch of the CVK service with effect from 2...
Read MoreNew stadium planned for Kampong Speu ahead of 2023 SEA Games
A new stadium has been planned for Kampong Speu province which will serve for the upcoming 32nd SEA Games in 2023, according to the provincial governor. Kampong Speu Provincial Governor H.E Vei Samnang told Construction & Property Magazine on 09 October that, Kampong Speu is to have a stadium that will stretch over 4 hectares of land while work has already begun. “We are currently making...
Read MoreCambodia-China Cultural and Creative Park gets approval
The Council for the Development of Cambodia (CDC) has recently given the greenlight to several development projects including the Cambodia-China Cultural and Creative Park located in Siem Reap Province. As reported by the CDC over the weekend, Angkor International Culture Investment & Development (Cambodia) Co.,Ltd is to inject US$27.5 million of investment in its project along 60 Metre Str...
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