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VINCI Secures Management of Techo International Airport, Expanding Presence in Cambodia’s Aviation Sector

French conglomerate VINCI has successfully acquired the management rights for the Techo International Airport in Takhmao City, further expanding its footprint in Cambodia’s aviation sector. The company, which already operates Phnom Penh International Airport, Siem Reap International Airport, and Sihanoukville International Airport, has now added the Techo Takhmao International Airport to its po...

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New Bridge Planned to Enhance Traffic Flow in Kampot Province & Boost Tourism

The Kampot provincial authorities have announced plans to construct a new bridge across the Kampong Bay canal to alleviate traffic congestion and improve accessibility for both local and international tourists, particularly around the base of the Kampot Prek Bridge, which has been exacerbated by rising tourist numbers during weekends and major national holidays, as reported by the Ministry of Info...

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Cambodia Raises Nearly USD 11m for Border Ring Road Construction from Patriotic Citizens

By 8pm on 28 August 2024, the Border Infrastructure Fund, dedicated to the construction of Cambodia's border ring road, had accumulated nearly USD 11 million in donations from over 180,000 philanthropists, reflecting a strong spirit of national unity and commitment to national development. This significant contribution was announced by the Ministry of Information on 29 August 2024. The "Border ...

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Canada-ASEAN Business Council Eyes Agro-Industrial Investments in Cambodia

The Canada-ASEAN Business Council (CABC) is actively exploring investment opportunities in Cambodia's burgeoning agro-industrial sector, underscoring the nation’s potential as a hub for agricultural and food industry growth. This initiative was discussed during a meeting on 28 August 2024 between HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of ...

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Cambodia Seeks Japanese Assistance for Major Upgrade of NR No. 1 to Ease Traffic Flow

Cambodia has officially requested support from the Japan International Cooperation Agency (JICA) to upgrade NR No. 1, a key route stretching from Phnom Penh to Phnom Penh Autonomous Port, in a bid to alleviate traffic congestion and enhance the transportation of goods. This proposal was discussed during a meeting between the Ministry of Public Works and Transport and JICA on 26 August 2024, as par...

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Cambodian Gov’t Sets Ambitious USD 13bn Loan Ceiling Over Five Years

The Cambodian government has unveiled a comprehensive public debt management strategy for 2024-2028, setting a borrowing limit of up to US$13.5 billion over the next five years. This strategic plan outlines annual borrowing from financial institutions and foreign development partners, ranging between US$2.3 billion and US$2.7 billion. According to the new strategy, while the government aims to ...

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Malaysia’s High-Speed Rail Project Gains Momentum Amid Hopes for China Extension

Malaysia’s long-anticipated High-Speed Rail (HSR) project, linking Kuala Lumpur and Singapore, is gaining traction with the potential to extend the line to China, which could significantly enhance its economic viability. The project, which is estimated to cost between USD 15.7 billion and USD 18 billion, represents a significant reduction from the original USD 24.7 billion projection. However, the...

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NR No. 4 Rehabilitation Project Reaches 66% Completion, Targeting 2026 Finish

The ambitious project to rehabilitate, expand, and upgrade NR No. 4 from Bek Chan commune in Kandal province to Bit Trang commune in Preah Sihanouk province has achieved a significant milestone, reaching 66.06% completion as of August 2024. The project is on track to be fully completed by the end of 2026, according to the latest update from the Ministry of Public Works and Transport on 23 Augus...

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Kampot Unveils Cambodia’s Tallest & Largest Khmer-Style Clock Tower to Boost Tourism

Kampot province has unveiled Cambodia’s tallest and largest clock tower, standing at 35 metres high, with a clock face nearly 10 metres in diameter. This impressive structure, designed in traditional Khmer style, was officially launched during the groundbreaking Ceremony, attended by HE Dr Mao Thunin, Governor of Kampot Province, and Lok Chumteav Hun Chanthy Mao Thunin on 22 August 2024. Strate...

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Irrigation Rehabilitation Project in Southwest Phnom Penh Reaches 25% Completion

The extensive rehabilitation project aimed at enhancing the irrigation and drainage systems in Kampong Speu, Takeo, and Kandal provinces has reached 25% completion, as confirmed by HE Pich Veasna, Undersecretary of State at the Ministry of Water Resources and Meteorology, on 22 August 2024. This milestone was announced during an inspection of the project’s progress, conducted alongside the JICA Hi...

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