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ខ្មែរ Uncategorized
Preventing Landslides: Phnom Penh-Sihanoukville Expressway Undergoes Repairs at Four Key Locations
- 11 June 2024
The Expressway Management Company has announced urgent repairs on the Phnom Penh-Sihanoukville Expressway at four critical locations to prevent landslides due to flooding during the rainy season. This initiative aims to ensure road safety and prevent potential accidents. The announcement was made on the official Facebook page of the Phnom Penh-Sihanoukville Expressway on 10 June 2024. The repai...
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Cambodia Sees Over 30% Increase in Steel Imports in Early 2024
- 10 June 2024
In the first four months of 2024, Cambodia imported iron and steel worth approximately US$168 million, marking a significant 30.6% increase from the US$129 million recorded during the same period in 2023. This data was reported by the General Department of Customs and Excise on 21 May 2024. The increase in imports extends beyond iron and steel alone. Iron and steel products saw a notable surge,...
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Benesch Pilots AI/ML and Digital Twin Technology to Streamline Traditional Pavement Assessment Workflows
- 9 June 2024
Using Bentley’s iTwin Applications Facilitates Data-centricity, Industrializing Industry Pavement Management Practices Traditional pavement management practices and technology lack efficiency and comprehensiveness, failing to maximize asset Benesch initiated a research and development project, exploring the integration of artificial intelligence, machine learning, and digital twins for a ...
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Cambodia’s Trade Volume Hits US$17bn in First Five Months of 2024, Down 10%
- 7 June 2024
In the first five months of 2024, Cambodia's trade volume reached approximately US$17 billion, marking a 10% decrease compared to the same period in 2023. This decline, reported by HE Sok Sopheak, Secretary of State and spokesperson for the Ministry of Commerce, was attributed to sluggish overseas consumer markets and inflation in buyer countries. The data was sourced from AKP on 4 June 2024. T...
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Techo International Airport in Takhmao City Nears 76% Completion
- 7 June 2024
The construction of Techo International Airport in Takhmao City, an ambitious project with a US$1.5 billion investment, has reached 75.8% completion as of 6 June 2024. The project is on track to be operational by the first half of 2025, marking a significant milestone for Cambodia’s aviation sector. Led by HE Mao Havannal, Minister in charge of the Secretariat of State for Civil Aviation, a rec...
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PM Announces Funan Techo Canal Groundbreaking Ceremony for 5 August 2024
- 6 June 2024
PM Hun Manet officially announced that the groundbreaking ceremony for the Funan Techo Canal will take place on 5 August 2024. This significant project aims to enhance Cambodia’s political independence, transportation infrastructure, and national economy by developing inland waterway transportation. The announcement was made during the inauguration ceremony of the Kampot Multi-Purpose Port on 6 Ju...
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Kampot Multi-Purpose Port Phase 1 Inaugurated with US$140m Investment
- 6 June 2024
The first phase of the Kampot Multi-Purpose Port Development Project, valued at approximately US$140 million and covering a total area of 207 hectares, has been officially inaugurated. The ceremony, held on 6 June 2024, was presided over by PM Samdech Hun Manet. The initial phase of the Kampot Multi-Purpose Port includes the construction of significant infrastructure: A wharf measuring 450...
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NR No. 48 Rehabilitation Project (Sre Ambel-Koh Kong) Achieves 60.50% Completion, Set for 2025 Finish
- 6 June 2024
The rehabilitation and upgrading project of NR No. 48 (Sre Ambel-Koh Kong), spanning 148km, has reached 60.50% completion and is scheduled to be finished by 2025. This progress was reported during a site visit by HE So Vector, Secretary of State of the Ministry of Public Works and Transport, on 5 June 2024. During the visit, HE So Vector, along with the Technical Working Group, Technical Adviso...
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NR No. 33 Rehabilitation Project Nears Completion with 81.26% Progress, Sets for Completion This Year
- 5 June 2024
The rehabilitation and upgrade of NR No. 33 (Kampot-Chrak Lok) has reached 81.26% completion as of June 2024, with the project expected to be finished by the end of the year. This milestone was reported during an inspection visit by HE Pal Chandara, Secretary of State of the Ministry of Public Works and Transport, on 5 June 2024. During the inspection, HE Pal Chandara instructed the constructio...
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MEF Introduces Income Tax Incentives for Expanding Investment Projects
- 5 June 2024
The Ministry of Economy and Finance (MEF) has issued new guidelines to provide income tax incentives for the expansion of qualified investment projects (EQIP), as outlined in Prakas No. 313 MEF.PrK.PD dated 10 May 2024. This move aims to stimulate economic growth by encouraging investment in various sectors. According to the Prakas, the incentive period for income tax exemption applies to: ...
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