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ខ្មែរ Uncategorized
Thai company wins 60 MW solar investment bid
- 9 September 2019
Thailand-based developer and operator of renewable power Prime Road Alternative has won the public bidding on a 60-MW solar project located in Kampong Chhnang province, and will generate the lowest tariff in the Southeast Asia region. The public bidding on the project was started in February this year after a feasibility study conducted by an expert team from the Asian Development Bank was comp...
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Walking Street along the riverfront set to open for vendors
- 7 September 2019
The Walking Street project running from the Cambodia Post Office to the Royal Palace will allow vendors to sell all kinds of products to attract national and international tourists, said Phnom Penh Municipality. Met Meas Pheakdey, spokesman for Phnom Penh Municipality, told Construction & Property Magazine on 07 September that the project will be open for businesses selling all kinds of pro...
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Will Cambodia fall into the Chinese infrastructure debt trap?
- 6 September 2019
In the past decade, the Cambodian government has been allocating most of its budget to develop infrastructure. By the end of 2018, a total of more than 16,000 kilometres of national and provincial roads had been restored and rebuilt. On 30 August 2019, the cabinet also approved the US$14.4 billion budget plan for a public investment program for 2020 to 2022, of which the infrastructure sector will...
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Government boosting establishment of more SEZs along border areas
- 6 September 2019
The Council for the Development of Cambodia (CDC) is studying and seeking greater understanding on investment and trade to compile a mechanism to boost the establishment of more special economic zones (SEZ) along border areas, while drafts of a new law on investment and a new law on special economic zones has been completed. CDC Secretariat General H.E. Sok Chandasophea said that boosting indus...
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US$100 million budget approved for infrastructure in Sihanoukville
- 6 September 2019
On 04 September 2019, the Cambodian government approved a US$100 million budget for the construction and rehabilitation of infrastructures in Sihanoukville. The budget was approved after some significant physical infrastructures such as roads and natural waterways were damaged amid rising construction, increasing residents, garbage, and heavy rainfalls. In a 2-page press release, the Ministr...
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Cambodia, Thailand discuss on energy cooperation
- 5 September 2019
Cambodia and Thailand discussed on Thursday on energy cooperation as Thailand have surplus energy generation and Cambodia is in need to increase power. According to Bangkok Post reported today, the discussion meeting was held between Ministry of Mines and Energy led by H.E. Suy Sem and his Thai counterpart Sontirat Sontijirawong in Bangkok in the sidelines of the meeting of ASEAN Energy Ministe...
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City Hall holds meeting on ‘Walking Street’ project
- 5 September 2019
Phnom Penh Municipality organised a meeting on 05 September to discuss the implementation of the ‘Walking Street’ project. The meeting was chaired by Phnom Penh Municipal Governor H.E Khuong Sreng with other relevant authorities participated as well. The project will expand pedestrian paths along the riverside starting from the Cambodia Post Office to the Royal Palace and will cross through ...
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US$207 million planned for Cambodia ‘Livable Cities’ project
- 5 September 2019
The Cambodian government and the Asian Development Bank (ADB) will invest more than US$200 million in a ‘Livable Cities’ project across four provinces. Using a loan from ADB and budget from the government, the US$207 million ‘Livable Cities’ project will cover four provinces including Kampot, according to a Facebook post by the Kampot Administration on 03 September following a meeting between t...
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Chinese investors asked to invest in affordable housing project
- 4 September 2019
Phnom Penh Municipality has asked a group of Chinese investors to invest in the real estate sector, building affordable housing for sales to civil servants and people who have low incomes. In a meeting on Tuesday 03 September, H.E Khuong Sreng, governor of Phnom Penh Municipality told the China-based World Hakka Business Association led by its chairman Li Kam Chung that the project will get sup...
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Phnom Penh AGT project layout yet to be finalised
- 4 September 2019
The construction project of the automated guideway transit (AGT) in Phnom Penh studied by the Japan International Cooperation Agency (JICA) is yet be finalised although the study has been completed. AGT is a transportation project design to overcome traffic congestion as well as being a landmark project for the upcoming SEA Games in 2023. (Read more) Speaking to Construction & Property M...
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