Cambodia News
The monumental building work that is currently going on in Cambodian capital city Phnom Penh may also reveal the inadequacies of the country’s ‘progress’, writes David Hutt. When it was announced Tuesday 3 May that a 133-storey twin-towered skyscraper received government approval to be built in the centre of Phnom Penh, Cambodia’s capital, I was […]
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All aboard: A history of Cambodia’s railways By Brent Crane Last Saturday in Phnom Penh, to a crowd of thrilled townsfolk and pushy photographers, Prime Minister Hun Sen boarded a refurbished train at the Royal Railway Station bound for Sihanoukville. It was the grand reopening of Cambodia’s first passenger train in 14 years and, for […]
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Hemaraj Land and Development Pcl., one of Thailand’s top industrial real estate developers, is seeking permission to build two massive manufacturing zones in the central province of Nghe An, the provincial government’s website reported on Wednesday. Located near each other in the southeast of Nghe An, one of the industrial parks will cover more than […]
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China National Petroleum Corporation (CNPC) Northeast Refining & Chemical Engineering Company on Wednesday secured an engineering, procurement and construction (EPC) contract from a Cambodian conglomerate to construct a 620 million-U.S.-dollar oil refinery in its first phase. The EPC contract was inked here between Li Limin, chairman of CNPC Northeast Refining & Chemical Engineering Company, and […]
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Solid economic growth and strong foreign investor demand are helping to drive Cambodia’s condo boom, but some worry it could lead to a glut Cambodia’s real estate market is heating up, especially in its capital Phnom Penh, with foreign developers from China, Singapore, Taiwan and Korea looking to expand their footprint in the fast-growing city. […]
Continue ReadingThe construction joint venture company formed by Vinci Group and Muhibbah Engineering (M) Bhd have secured a US$23mil (RM88mil) contract from Societe Concessionnaire De L’Aeroport. The joint venture consortium with a 70:30 equity interest will design and construct a new domestic terminal at the Phnom Penh Airport in Cambodia. In a filing with Bursa Malaysia, […]
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Passenger train services resumed in Cambodia on Saturday for a limited period following a 14-year suspension because of poor railway conditions. A train with nearly 200 passengers on board left Phnom Penh station at 7am for an eight-hour, 264-kilometre trip to a popular beach resort in the southwestern coastal province of Sihanoukville. John Guiry, CEO […]
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Ground has been broken on the Thai Boon Roong Twin Tower World Trade Centre, a project to build two 500m-high towers in the Cambodian capital of Phnom Penh. The scheme, whose value is reported by sources in the Cambodian media as either $2bn or $3bn, is to be built opposite NagaWorld, the country’s only casino. […]
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Cambodia, Laos and Myanmar are amongst ASEAN’s smaller economies, yet all different and facing different issues. Taken as a trio, their collective GDP performance is still less than that as China’s Yunnan Province, which lies to the north of Cambodia and Laos, and also borders with eastern Myanmar. Such statistics make interesting reading: Neither of […]
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Malaysian-owned Sunway Hotels & Resorts will spend $223 million in a redevelopment and expansion plan on its hotels in Malaysia, Cambodia and Vietnam within three years, according to Malaysian media. About $135.3 million of that will be used for new investments while the remainder will be spent on refurbishments and expansion. Sarena Cheah, the managing […]
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