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Malaysian PM Pulls the Country Back From Infrastructure Plans With China

Photo by World Economic Forum Malaysian Prime Minister Mahathir Mohamad continues to indicate his plans to abandon the multi-billion dollar Chinese-sponsored infrastructure program agreed to by previous PM Najib Razak. PM Mahathir has already suspended almost US$25 billion of Chinese projects including the $20 billion East Coast Rail Link and two huge petroleum pipeline projects. His rati...

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Eurocham’s Breakfast Talk Marks a Milestone on Energy Outlook

The European Chamber of Commerce in Cambodia (EuroCham Cambodia) organised a Breakfast Talk regarding “Bloomberg’s 2018 New Energy Outlook” on 30 August 2018, bringing an in-depth understanding on how low-cost energy options are reshaping energy investment plans. Held at Raffles Hotel Le Royal, Phnom Penh, the event brought guest speakers from Bloomberg New Energy Finance (BNEF), Investing in I...

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Maruhan Group inks construction deal with Lotte E & C

Japan-based entertainment conglomerate Maruhan Group has signed a contract with Lotte Engineering & Construction Co., Ltd (Lotte E & C) for the construction of Sathapana Bank Plc’s new head office. On 29 August 2018, Maruhan Investment (Cambodia) Co., Ltd, subsidiary of Maruhan Group (owner of Sathapana Bank Plc) signed a contract agreement with Lotte E & C for the 22-storey, 103-me...

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Minister Requests Support for Flyover in Stung Bot

Sample photo by Wikimedia Commons In a bid to ease traffic around the Stung Bot border checkpoint, H.E. Sun Chanthol, Senior Minister and Minister of Public Works and Transport (MPWT) has asked Japan to support the construction of a flyover at the Stung Bot intersection. Therequest was made during a meeting between H.E. Sun Chanthol and the Japan International Cooperation Agency (JICA) missi...

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Government Approved Chinese Mega Development Project Along the Riverside

The Council for the Development of Cambodia (CDC) has approved the investment project located along the Tonle Sap River that was requested by Chinese real estate developer, Chean Chhoeng Thai Group, a subsidiary of Yuetai Group. Called “The City Gate” mega commercial complex, the investment project will cost Chean Chhoeng Thai Group US$531.6 million and can create additional 21,684 jobs for the...

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EDI Port Project Set to Finish by 2021

The project for the Electronic Data Interchange(EDI) system for ports in Cambodia is set to be operational by 2021, according to Dr Masahiko Furuichi from the Japan International Cooperation Agency (JICA) mission team. In a meeting with Senior Minister and Minister of Public Works and Transport (MPWT) H.E. Sun Chanthol on 27 August, Dr Masahiko Furuichi said that the Japan-funded port EDI proje...

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SCG Contractor Matching Platform to Improve Construction Industry

Cement and building material company Siam Cement Group (SCG) has launched a construction matching platform to improve construction industry standards in Cambodia. Called SCG Contractor Matching Services, the platform allows homeowners and developers to find the right contractors and building materials for their project. Once customers register with the programme, the company will search for qua...

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Cambodia-russia Nearing Agreement on Building Nuclear Research Centre

Sample Nuclear Research Centre by Wikipedia Cambodia and Russia are planning to conclude a draft agreement on the construction of a Nuclear Research and Technology Centre located at the Institute of Technology of Cambodia, according to a press release by the Royal Academy of Cambodia on 23 August. The Department of Science and Technology of the National Council for Sustainable Development of...

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Cambodia Imports More Than Us$400 Million of Steel From Vietnam

Photo by Pxhere Cambodia has imported more than US$400 million worth of steel from Vietnam in the first seven months of 2018, according to figures released by Vietnam’s Ministry of Industry and Trade. Between January and July 2018, Vietnam’s steel exports to Cambodia total about 717 tons of steel worth US$462.73 million, which accounted for 37% of the total volume of steel Vietnam exported. ...

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MLMUPC Issues Executive Regulation on Road Layout

In order to ensure the safety and convenience of the public, the Ministry of Land Management Urban Planning and Construction (MLMUPC) has issued an executive regulation on the road layout plan for pavements, pedestrian paths, and bicycle lanes across the country. The executive regulation was signed on 6 June, 2018 by H.E. Chea Sophara, Minister of MLMUPC. Under the regulation, the committee of ...

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