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26 Firms Apply for Bidding on Solar Farm in Kampong Chhnang

26 private companies have applied for public bidding on the Cambodia National Solar park project in Kompong Chhang province, with the tender winner to be be declared after consideration on the investment and electricity price proposed by each company. In the public bid opening on the Cambodia National Solar Park Project held at Electricity Du Cambodge (EDC) on 29 May, Pa Nimol, deputy director ...

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Over US$5 Billion in Infrastructure Loans Granted to Cambodia

Cambodia has received more than US$5 billion in loans for infrastructure development projects from the China Development Bank​ (CDB) as part the work to support national economic development, the bank said on 30 May 2019. Speaking at a seminar on ‘Development Finance: Supporting Cambodian Economic and Social Development’ held at Koh Pich City Hall, Mr Liu Jin, Dean of the Development Finance In...

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Land Ministry Permits Construction of Naga 3 on Former White Building Plot

The construction of Naga 3 on the former White Building has been granted construction permits after the company amended its layout plans. The planned integrated entertainment complex of NagaCorp Ltd using an investment of approximately US$4 billion will be built on a total of 16,837 square metres in Sangkat Tonle Bassac, Khan Chamkar Morn, Phnom Penh. The project was already been granted con...

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Pm Lures More Japanese Investment to Cambodia

Samdech Techo Hun Sen, Prime Minister of Cambodia, has called for more Japanese investors and businessmen to consider investing in Cambodia, as he gave high praise for the good quality investment by Japanese investors and businessmen operating in the country. In the workshop on Investment Opportunity in Cambodia held in Tokyo, Samdech Hun Sen asked Japanese investors and businessmen who have vi...

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Korean Company Proposes New Solar Technology for Water and Energy in Cambodia

Photo by ABB Group A Korean company is considering bringing new technology to produce clean water and energy in Cambodia using solar systems and is looking for local partners, according to a Facebook post by the Ministry of Commerce over the weekend. In meeting with H.E Pan Sorasak, Minister of Commerce, Mr Gyu-Ha Jang, Vice President of the Korea Importers Association (KOIMA), announced ini...

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Top Chinese Steel Manufacturer Mulling Moving Blast Furnaces to Cambodia

Photo by Xinhua China’s top steel manufacture, China Baowu Steel Group, is conducting a feasibility study to move its blast furnaces from Xinjiang to Cambodia in late 2019, according to Reuters. Speaking to Reuters, an unnamed senior Baowu manager said that the company is studying the possibility of shipping two blast furnaces capable of producing 3.1 million tonnes of metal and two converte...

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Chinese Experts to Help Cambodia Design Master Plan of Preah Sihanoukville Province

Chinese experts from the urban planning and design institute in Shenzhen city will start designing master plan for development in Preah Sihanoukville province, after a senior official explained that a master plan is important for the government which considers Preah Sihanoukville province as a multi-purpose economic zone. In a recent meeting with H.E Cham Prasidh, Senior Minister and Minister o...

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Increasing Capacity of Water Treatment in Sihanouk City Approved

Photo by Ministry of Public Works and Transport Inter-ministries have agreed to upgrade capacity of 4 wastewater treatments in Preah Sihanoukville province from 25,000 cubic meter to 30,000 cubic meter aiming to restore environment in the province. The upgrading of capacity of wastewater treatment is scheduled to be completed ahead of 2022, when Preah Sihanoukville province hosts ASEAN Summi...

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April Sees Land Ministry Approve Over Us$34 Million in Construction Investment

The Ministry of Land Management Urban Planning and Construction (MLMUPC) has permitted more than US$34 million construction investment across the country since early April, according to data available on the ministry’s mobile application. According to the ‘Cambodia Construction’ app which was launched last year (read more), from early April to 21 May, the MLMUPC approved seven business construc...

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Indonesia Considering Moving Its Capital

The government of Indonesia is considering moving its capital Jakarta to the nearby island of Borneo due to concerns about overpopulation, urban gridlock and rapidly rising sea levels. The radical plan is focused on potentially establishing a new capital 900km away in Palangka Raya in Central Kalimantan province. A team from the Coordinating Ministry for Political, Legal, and Security Affair...

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