Cambodia News
Vietnam construction sector forecast by Fitch Solutions to grow over 7% over next decade Foreign Direct Investment (FDI) will play a key role for the expansion of Vietnam’s industrial buildings sector, as Vietnam emerges as a global manufacturing hub, stated Fitch Solutions. Vietnam’s building construction sector is expected to grow strongly at an annual average […]
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Cambodia’s New Airport in Siem Reap Confirmed to Complete in 2023 In face of the global pandemic, construction process of the new airport in Siem Reap province has been made as planned and it is scheduled to complete in 2023. In a meeting with H.E. Mao Havannall, Minister in charge of State Secretariat of Civil […]
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Laos plans to build sixth Mekong dam, the Sanakham hydropower plant Laos has submitted plans to build a new hydropower dam on the Mekong River, with construction expected to start later this year, the Mekong River Commission (MRC) said on Monday. The Sanakham hydropower plant, with an estimated cost of US$2.073 billion, will be developed […]
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Seven-Eleven convenience store chain to make Cambodia debut in 2021 Thai conglomerate CP Group will oversee popular convenience store chain Seven-Eleven’s Cambodian debut in 2021 under a master franchise agreement with 7-Eleven Inc., a U.S. subsidiary of Seven-Eleven Japan Co. CP All Public Co., the agricultural conglomerate’s retail arm, has concluded a deal with the […]
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Cambodia’s Kep beach road will stretch from Thailand to Vietnam Kep authorities said a plan to construct a 7km road along the provincial coast will be completed by the end of the year and help attract more tourists to the area. Provincial governor Ken Satha said at a press conference at the Council of Ministers […]
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United Nations (UN) experts call for firms behind Laos’ Xe Pian-Xe Namnoy dam collapse to pay as 7,000 survivors await compensation Almost two years after a dam in Laos collapsed, displacing thousands, the people affected struggle to secure compensation while living in deteriorating relocation centers. A group of UN experts is now calling for the […]
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Cambodia’s National Road 5 renovation project, the Adean Highway, 366 kilometres from Kandal to Banteay Meanchey province is 80% complete Construction work for the first stage of the National Road 5 Improvement Project, from Battambang province to Banteay Meanchey province, is now 80 percent complete since work started in March 2018, according to a Public […]
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Malaysian department-store operator Parkson loses Cambodian court battle with landlord Malaysian department-store operator Parkson has lost a court case in Cambodia, being ordered to pay US$144.5 million in damages to its landlord Hassan. According to documents filed with the stock exchange in Malaysia, the firm was obliged to forfeit its security deposit and advance payments […]
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Hyundai Engineering wins a $164 million order to build the third AEON Mall in Cambodia Hyundai Engineering has won a 200 billion won (about $164 million) project to build its third AEON Mall in Cambodia. Hyundai Engineering won the project from “AEON Mall,” one of Japan’s largest distribution groups, which operates more than 200 shopping […]
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Initial Master Plan Study for Cambodia’s Mondulkiri Airport Completed Cambodia’s State Secretariat of Civil Aviation (SSCA) has completed the study of an initial master plan to develop a domestic airport in Mondulkiri province. The news was shared by the SSCA’s Technical Deputy Director General and Spokesperson H.E. Sin Chansereyvutha during a press conference on SSCA’s […]
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