Infrastructure
Newly Paved Road Expected to Up M’kiri Trade
With the paving of the road from Sen Monorom City to a planned international border crossing with Vietnam recently completed, cross-border trade in the area is expected to rise, officials said. Chinese-owned company Roch China Construction finished paving the 32-km road last month using a ...
B Kak Firm Seeks Bauxite in Mondolkiri
Bauxite reserves in Mondolkiri province abandoned by Australian mining form BHP Billiton in 2009 are now being explored by China’s Mongolia Erdos Hongjun Holding Group, the same firm that is behind the controversial development of Boeng Kak lake in Phnom Penh. Kong Pisith, director of ...
Power Grid Key to Development
According to the Asian Development Bank (ADB) the regional and national power grids are key to development, though plans for their development have come under criticism by a number of NGOs who believe that power generation should be decentralized. The ADB’s Greater Mekong Subregion program ...
Climate change on agenda
Prime Minister Hun Sen yesterday called for greater regional cooperation to tackle a range of environmental problems in the Greater Mekong Sub-region, but did not specifically address the threat posed by dams. “I call on all countries in the Greater Mekong Sub-region to place more emphasis ...
http://www.phnompenhpost.com/index.php/2011072950721/National-news/climate-change-on-agenda.html
Cambodia eyes solar future for rural power
Cambodian officials yesterday touted the potential for green energy to meet its goal of bringing electricity to 100 percent of households by 2020. The Kingdom was looking to develop solar energy, small-scale hydropower and biomass-fuelled power to meet the target, said Ministry of Industry, Mines and ...
Block A oil partner inks finance deal
Chevron partner KrisEnergy Holding Company has secured $115 million for its projects in the offshore petroleum area known as Block A . Block A is leased by Chevron Overseas Petroleum Cambodia Limited with 30 percent interest, KrisEnergy Holding Company with 25 percent, Mitsui Oil Exploration ...
Luxury Projects Set for Olympic Stadium Area
Government approval has been granted to the Overseas Cambodia Investment Corporation (OCIC) for the development of high-end condominiums, a hotel, shopping mall and more on the land surrounding the Olympic Stadium in Phnom Penh. OCIC is in the process of obtaining a 99 year lease ...
Basic Concerns Remain Priority in Rural Areas
Roads, bridges, schools, sanitation and other forms of basic infrastructure are still top priorities for many rural citizens of Cambodia. Comfrel has done a study of issues that voters are concerned with and found that infrastructure is a key area. Traditionally the rural areas have ...
Price tag set for railway link to Vietnam border
The rail link to Vietnam from Cambodia has been estimated at $686 million dollars. The link would finally connect Singapore to Kunming, China. The $686 million does not include compensation for those who link along the proposed railway locations and no funding has been confirmed ...
Complaints Submitted in K Chhnang Land Dispute
A development company owned by the wife of the Minister of Industry, Mine and Energy Suy Sem has been the target of 40 civil complaints received by the provincial court of Kompong Chhnang province. Chea Kheng claims she owns the 214-hectare plot of which 69 ...
Shipments increase at Sihanoukville Port
Shipments of freight through Sihanoukville Autonomous Port have seen a 14 percent growth in the second quarter of the year. The number of units passing through the port has risen by 8.6 percent compared to the same period last year. The majority of the shipments ...
Leopard Spots More Investment Opportunities
Approximately US $75 million will be invested in Cambodia and Laos by Leopard Capital. The company will focus on financial service, agriculture and power. The 10 year fund is targeting annual returns of 25 percent and will favor renewable energy sources. ...
Bank Says No Railway Evictee to Be Left Behind
The Asian Development Bank (ADB) has said that the rehabilitation of Cambodia’s railways will not be at the expense of those who live along the lines and has pledged to address the issue. Resettlement has been a problem for the rehabilitation but a new plan ...
‘Downgrade’ of railway homes
Compensation for Phnom Penh villagers set to be displaced by railway reconstruction may be insufficient due to a “systematic downgrade” of the value of their homes by the government, a report released yesterday said. The report, issued by the NGO Sahmakum Teang Tnaut, said the ...
http://www.phnompenhpost.com/index.php/2011070550186/National-news/downgrade-of-railway-homes.html
Bank Says No Railway Evictee To Be Left Behind
The Asian Development Bank announced yesterday that the organizations behind the rehabilitation of Cambodia’s railways, including the government and the Australian development agency, have jointly pledged to address the complaints of people facing eviction from dwellings across the rail lines. The Australian government provided ...