Infrastructure

The state-owned enterprise that operates Cambodia’s only deep-sea port officially announced that it will launch its six-day bookbuild and public roadshow starting next Tuesday with an expected initial public offering (IPO) on the Kingdom’s stock market set for May 31, the company’s sole underwriter said ...

T.T. Network Infrastructure Japan, a joint venture between global electronics manufacturer Toshiba and Tokyo Electric Power Co Holdings (TEPCO), will operate and maintain 130 kilometres of a 230-kilovolt power transmission line in Cambodia, according to Japanese media yesterday. ...

People in Svay Rieng, Prey Veng and Kandal provinces are to benefit from stable electricity supplies after a $75 million project to expand the national grid went online yesterday.​ ...

A vital road linking Kandal province to the Vietnamese border has been seriously damaged after the banks of the Mekong river collapsed in Lerk Dek district. ...

Tokyo Electric Power Co. Holdings will team with Toshiba to manage power grids in Cambodia, hoping to secure a new earnings source as the utility grapples with soaring cleanup costs for the Fukushima nuclear plant disaster. ...

Prime Minister Hun Sen has highlighted his government’s achievements in building new infrastructure as part of a message to commemorate Khmer New Year.He said 15,376 kilometers of national roads and bridges have been built over the past year, including 12,100km of asphalt roads.​ ...

Lack of trust from investors has so far limited the growth potential of the growing number of Cambodian technology startups. Five-year old Khmerload, a Cambodian entertainment news website modeled after the American media giant Buzzfeed, has become one of the country’s first local tech startups ...

Information Ministry officials and state-affiliated Cambodian journalists will receive training from and pay visits to their Chinese counterparts under a new agreement signed by the two countries on Monday.  The announcement follows a forum hosted in October by a senior propaganda officer for the Communist ...

Malaysian-owned power infrastructure provider Pestech (Cambodia) Ltd has been awarded a contract to build a 230-kilovolt transmission line valued at $100 million to connect Koh Kong province’s Stung Tatai hydropower dam to Phnom Penh, according to a filing on the Malaysian stock exchange. ...

Representatives from global ride-hailing behemoth Uber confirmed the company’s interest in starting operations in Cambodia during a meeting this week with Transportation Minister Sun Chanthol, according to one of the minister’s aides. ...

Prime Minister Hun Sen on Wednesday urged the state-owned Phnom Penh Water Supply Authority to buyout infrastructure owned by private companies providing water to the outskirts of the capital. ...

The capital’s listed water utility inaugurated a new treatment facility yesterday that will increase its production capacity of clean water by 30 percent, and add to its revenue stream – a move likely to impress its shareholders. ...

Cambodia has been quickly turning on the lights for more households, but access to electricity remains significantly lower in rural areas than in cities, according to a new report from the World Bank. ...

Total revenue for the listed state-owned enterprise Phnom Penh Autonomous Port (PPAP) increased 7.49 percent by the end of December last year, giving it a net value of $16.5 million compared with $15.35 million a year earlier.   ...

The government is to standardize water and electricity rates for factory workers and students in a bid to stop them being ripped off by unscrupulous landlords.   ...

Cambodia’s startups have clamoured to attract foreign venture capital, and now even Silicon Valley is paying attention. Last month, local media and entertainment site Khmerload – described by some as Cambodia’s version of Buzzfeed – secured $200,000 in investment from the regional arm of California-based ...

A Japanese expert has urged Cambodia to invest in improving transport on the Mekong River to boost the movement of cargo around the country. Kume Hidetoshi from the Japanese International Cooperation Center made the call during a presentation at the Japanese embassy yesterday.   ...

Qatar Airways Cargo launched regular scheduled air freighter service between Phnom Penh and Doha this week, according to a company press release. ...

Prime Minister Hun Sen has asked Defense Minister General Tea Banh to study whether Phnom Penh’s biggest boulevard could be used for emergency plane landings.   ...

According to the report, the number of people living in rural areas who had access to clean water increased from half in 2015 to 53 percent in 2016, while access to sanitation, such as proper toilets, increased nearly 10 percent to 56 percent. ...

Passengers using the Phnom Penh city bus service will now have a choice of buying electronic tickets through Wing (Cambodia) Limited Specialized Bank – the kingdom’s leading mobile banking services provider. ...

Smart Axiata, Cambodia’s leading telecommunications company, yesterday launched a $5 million venture capital fund for digital service companies and start-ups in the country. The Smart Axiata Digital Innovation Fund aims to meet demands for cash and expertise as the number of Cambodian digital entrepreneurs increases rapidly. ...

Cambodian mobile operator Smart Axiata launched a $5 million venture capital fund yesterday that will seek to identify, fund and nurture local digital services companies and startups. ...

A civil aviation training center was launched in Phnom Penh on Wednesday, three years after an agreement was signed with South Korea to fund the construction of the new facility.   ...