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Bridge Across Mekong River in Kratie Province 55.8% Completed
As of early June 2024, the construction of the nearly 2km long bridge across the Mekong River in Kratie province has reached 55.83% completion, while the connecting road is at 41.81%. This progress was announced on the official Facebook page of the Ministry of Public Works and Transport (MPWT) on 30 June 2024. The MPWT confirmed that the 1,761-metre-long bridge spans the Mekong River between Ch...
Read MoreHitachi Targets Southeast Asia Rail Market with US$1.6bn Acquisition
Hitachi aims to expand its presence in Southeast Asia’s railway market following its US$1.6 billion acquisition of Thales Group’s rail signal business on 31 May 2024, as China remains a dominant infrastructure supplier. This move enhances Hitachi's ability to provide integrated railway solutions in Singapore and Malaysia. The announcement was made during a media roundtable on 5 June 2024. Hitac...
Read MoreMOWRAM Dismantles Illegal Fence Encircling Stung Prek Tnaot State Property
The Ministry of Water Resources and Meteorology (MOWRAM) has taken decisive action to dismantle illegal brick fences surrounding the Stung Prek Tnaot forage land, a state-owned property. This operation was led by Mr. Ouk Vuthy, Undersecretary of State of MORAM, who headed a team to inspect the site located in Kandal Stung district, Kandal province, and Kampol district, Phnom Penh. The mission aime...
Read MoreProgress Report: Tonle Bassac Bridge Nears 12% Completion
The bridge construction project over the Bassac River, connecting Chak Angre Krom and Prek Pra, stands at 11.63% completion, with 36 out of 156 pillars already concreted, six out of 20 template exhibits installed, and several other crucial tasks underway, according to Mr. Phorn Rim, spokesman for the Ministry of Public Works and Transport reported on 27 June 2024. Mr. Phorn Rim highlighted the ...
Read MoreIn four years, 36k Businesses Registered on Cambodia’s OBRP with Real Estate & Construction Leading the Way
Since the launch of Cambodia’s Online Business Registration Platform (OBRP) four years ago, 36,509 companies have registered, with the real estate sector leading the way. As of 15 June 2024, the businesses registered under this system boast a total investment capital of US$11.13 billion, with the construction and real estate sectors contributing US$1.18 billion and US$1.13 billion respectively, ac...
Read MoreKampot Unveils Giant Clock Project to Boost Tourism
The Kampot Provincial Authority is set to construct a monumental clock standing 35 metres tall, with a face nearly 10 metres in diameter, aiming to enhance the region's tourism appeal. The announcement was made by HE Mao Thunin, Governor of Kampot Province, during the first regular meeting of the Kampot Provincial Council of the fourth mandate on 25 June 2024. Governor HE Mao Thunin emphasised ...
Read MoreGuangzhou to invest $1.4 billion to build infrastructure for flying car by 2027
Guangzhou is set to invest over 10 billion yuan (US$1.4 billion) by 2027 in the burgeoning "low-altitude economy," targeting the development of services operating below regular commercial aviation altitudes. This substantial investment is part of China's strategic push to invigorate its slowing economy, according to Asia.nikkei.com dated 4 June 2024. The ambitious plan involves building critica...
Read MoreGroundbreaking for Bak Kheng Water Treatment Plant Phase 3, Phase 2 Inaugurated
The third phase of the Bak Kheng Water Treatment Plant has commenced construction, while the second phase was officially inaugurated by HE Aun Porn Moniroth, Deputy Prime Minister and Minister of Economy and Finance, on 25 June 2024. During the inauguration, HE Aun Porn Moniroth stated, "The commissioning of the second phase of the water treatment plant marks the end of the water shortage issue...
Read MoreVietnamese Investments in Cambodia Reach Nearly US$3bn Across 200+ Projects
Vietnamese investors currently operate 208 projects in Cambodia, with a total registered capital of US$2.91 billion, according to a report from the Vietnamese Embassy. This positions Vietnam among the top 10 countries with the most investment projects in Cambodia. HE Nguyen Huy Taing, Ambassador of Vietnam to Cambodia, highlighted these figures during an interview with the state-run Cambodian N...
Read MoreWorld Bank Allocates US$145m to Enhance Cambodia’s Water Supply Infrastructure
The World Bank has committed US$145 million to Cambodia to support the enhancement of the country's water supply infrastructure, a project that is expected to benefit over 113,000 people. Funded by the World Bank's International Development Association (IDA), this initiative will be implemented over five years by the Ministry of Water Resources and the Ministry of Agriculture. Ms. Maria Salim, ...
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