Cambodia News
Lotte E&C to build $53 mn Sathapana Bank headquarters building in Cambodia South Korea’s Lotte Engineering & Construction Co. (Lotte E&C) said on Wednesday it was assigned by Japan’s Maruhan Group to erect a new headquarters building for Sathapana Bank in Cambodia at 57 billion won ($52.7 million). Under the contract, Lotte E&C will build […]
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Poipet real estate market full steam ahead 27 April 2018 The reopening of a 48-kilometre rail line between Poipet and Serey Sophorn in Banteay Meanchey province this month was a milestone in the long-delayed plan to restore passenger and commercial train service along the Northern Line that connects Poipet to the capital. But it is […]
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Second section of Cambodia’s western rail line opens The railroad connecting Serey Sophorn in Poipet to Battambang, a section of the western rail line that runs for 65 kilometres, officially opened Sunday. The service will stop at Serey Sophorn, Mongkul Borey, Chomka Jek, Phnom Toch, Toul Somrong, Chroy Sdao, Chundeu Sva, Otaky, Siem and Battambang. […]
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Big push for renewable energy as companies plan to invest more than Bt130 billion this year ENERGY and non-energy firms are planning investments of more than Bt130 billion in renewable energy this year, both at home and abroad, confident of strong growth in global demand for alternative energy. Bangchak Corporation Plc has set aside an […]
Continue ReadingB Grimm set for largest solar plant in Asean B GRIMM Power Plc has taken another step towards internationalisation, expanding its power generation and distribution business in CLMV. By the end of April, B Grimm will achieve its next milestone in concluding its joint venture agreement with Xuan Cau Co Ltd to construct what is […]
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Solar Projects Increase in the Mekong River Area Solar and wind power projects are increasing in the area around the Mekong River in Southeast Asia. One energy expert said that the developments call into question the financial viability of major hydo-electric dams in the area. Brian Eyler is Director of the Stimson Center’s Southeast Asia […]
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Kingsmen on the lookout in region KINGSMEN CMTI Plc, a Thai-based provider of “one-stop services” in design and construction for retail and corporate interiors and exhibitions for the events industry, will open an office in Phnom Penh as it deepens a push into neighbouring countries this year. Pravit Sribanditmongkol, managing director of Kingsmen CMTI Plc, […]
Continue ReadingCambodia-Thailand connection construction commences Construction is now underway for the project to build Cambodia’s National Road No 5. Costing in the order of US$185 million, the project also includes building two city bypasses. Much of the funding for the project is being supplied in the shape of a loan from the Japanese Government. This 85km […]
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International hotel chains moving into Sihanoukville The arrival of international hotel chains could end the coastal city’s chronic shortage of rooms and further its development as Cambodia’s premier beach destination. International hotel chains have identified a flood tide of tourism that is poised to finally put the coastal city of Sihanoukville on the map and […]
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Cambodia’s Kampot ferry construction delayed Construction on a new tourist ferry port located about 6 kilometres from the provincial capital in Kampot province has been delayed, although a Tourism Ministry spokesman promised that construction would begin before the end of this year. The $10 million port, funded by a loan from the Asian Development Bank […]
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