Infrastructure
New condominium launched
A new real estate joint venture between local Sonatra Group and Japan’s Grand Corp launched a $6.5 million condominium project in BKK1 yesterday. The 26-storey tower, with 50 units, will be built with high-quality, energy-saving Japanese equipment, according to the new firm’s chief executive, Jun Takeguchi. ...
PTT signs agreement to set up retail oil venture in Myanmar
PTT Plc, the national energy conglomerate, is moving forward with plans to establish a retail oil business in Myanmar by working with a local partner Currently, oil consumption per head in the neighbouring country is very low at 38 litres annually, compared to 140 litres in ...
Water Wars Feared Over Mekong
China’s dam building spree on the upper Mekong River raises new tensions over water resources Vietnamese President Truong Tan Sang obviously had China in mind when he warned recently that tensions over water resources are not only threatening economic growth but presenting a source of conflict Cambodia, ...
http://www.rfa.org/english/east-asia-beat/mekong-09302012160353.html
Looking to increase water access
More than half of Cambodians living in rural areas still do not have access to treated water, about 200 people heard yesterday at a forum at the Phnom Penh Hotel. The event was sponsored by WaterSHED, an NGO funded by USAID’s Regional Development Mission-Asia and the Stone Family Foundation. According ...
Cambodia hits oil revenue
Officials yesterday confirmed that the Cambodian government will receive a majority of the revenue share from Chevron’s offshore Block A oil permit area near Sihanoukville in the Gulf of Thailand. The government expects to issue the American oil giant a production permit licence by the ...
http://www.phnompenhpost.com/index.php/2012092858984/Business/cambodia-hits-oil-revenue.html
Cambodia eyes domestic oil production, refinery for energy security: official
Cambodia is working on three fronts to improve its energy security and supply, including the development of its first oil-producing asset, looking for ways to resolve a disagreement over disputed territory in the Gulf of Thailand, and studying the economic viability of building its own ...
http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Oil/7105582
Firm Plans Impact Assessments off Preah Sihanouk
Mirach Energy Ltd., formerly known as China Petrotech Holding Ltd. (CPHL), announced on Tuesday that its Cambodian counterpart, CPHL (Cambodia), had contracted two companies to conduct environmental impact studies for offshore assets in Block D, off the coast of Preah Sihanouk province. Mirach Energy said in ...
Cambodia Aims for Offshore Production Next Year
The Cambodian government expects U.S. oil major Chevron Corp. CVX -0.53%to begin developing the country’s first offshore oil field early next year, and hopes the nation will become a regional hot spot for oil and gas investment, a government official said Wednesday Chevron discovered commercial resources ...
http://online.wsj.com/article/SB10000872396390443507204578020023711640726.html
Government Hopes for Chevron Offshore Oil Deal This Year
The Cambodian government expects U.S. oil major Chevron Corp. CVX +0.77% to begin developing the country’s first offshore oil field early next year, and hopes the nation will become a regional hot spot for oil and gas investment, a government official said Wednesday. Cambodia has vast untapped oil and gas resources ...
http://online.wsj.com/article/SB10000872396390443507204578020023711640726.html
Mirach Energy Aims for Green Light to Start Drilling Cambodia Offshore D
The energy exploration and production company said in a statement on Tuesday that its associate company CPHL (Cambodia) has signed a drilling environmental impact assessment (EIA) contract with two environmental consulting firms The firms, the International Environmental Management Company Limited and SAWAC Consultants For Development Company ...
Japan to build $200 m shopping mall in Cambodia
AEON Mall, a Japan’s single-largest shopping mall developer and the largest retailing operator, will invest $200 million to build a four-storey shopping mall here in December, Cambodian Prime Minister Hun Sen said Tuesday. The construction will be begun on December 10, 2012 on the land area ...
Southeast Asian scientists look to reinvent the flush toilet
Scientists in Bangkok are about to start work on a new flush toilet especially designed for the urban poor in Thailand, Cambodia and Vietnam. Their aim is to create a toilet that will process wastewater in family homes and convert it into gas or electricity, ...
http://www.trust.org/alertnet/news/southeast-asian-scientists-look-to-reinvent-the-flush-toilet
Biomass is more than energy
Rural Cambodian communities are seeing economic benefits as a result of a biomass and farming resilience project run by GERES, a French NGO. As part of the AREA project, 200 households in Kampong Chhnang province are growing 22 varieties of trees to negate the effects of ...
Erika Mudie, P. 10
https://www.phnompenhpost.com/business/biomass-benefit-rural-cambodia
Rain delays Kampot port construction
Construction of the US$100 million Kampot sea port had been further delayed by rain, materials not being available and incomplete preparations, a local investor revealed yesterday. Vinh Huor, president of the Kampot Special Economic Zone, (KSEZ) said of the delay: “We are preparing to be better, ...
Malaysia - Cambodia trade increases
More than 24,000 Cambodians visited Malaysia during the first half of 2012, while Malaysian arrivals to Cambodia numbered 54,000, an increase of 11.1 per cent compared with the same period in 2011. Ambassador Hussein’s remarks came during the the first three-day Malaysia Travel and Shopping ...
http://www.phnompenhpost.com/index.php/2012092458862/Business/malaysia-cambodia-trade-increases.html
Phnom Penh to get new airport
Prime Minister Hun Sen announced yesterday that Cambodia is going to build a new international airport in Phnom Penh, in response to the rising number of passengers received every year. The Kingdom is expected to get seven million tourists a year by 2020. The initial concept ...
Vinci sees more airport opportunities
French construction and concessions group Vinci expects to see considerably more opportunities to acquire airport concessions in the next two years, its chief executive said on Thursday Vinci’s concessions unit, the operator of nine regional airports in France and Cambodia’s three main airports, is keen on ...
http://www.reuters.com/article/2012/09/20/vinci-acquisitions-idUSL5E8KK43020120920
Train supply agreement signed
Toll Royal Railway signed an agreement yesterday afternoon with companies that will supply locomotives and parts for Cambodia’s railway network. As a result of the agreement, international tenders will be called in the coming months for the procurement of up to four new 2,000-horsepower locomotives and ...
http://www.phnompenhpost.com/index.php/2012092058822/Business/train-supply-agreement-signed.html
Thais eye 2001 Gulf blueprint
Cambodia and Thailand yesterday reiterated their commitment to restart negotiations over an expansive and resource-rich section of the Gulf of Thailand known as the Overlapping Claims Area – but the two countries have yet to set a date for the talks. In 2001, officials from ...
Japanese investors looking to Cambodia
Prime Minister Hun Sen received a visiting delegation of Japanese investors on Friday, according to the national news agency Agence Kampuchea Presse. Led by Fujino Takashi from the Keidanren Japan Business Federation and a member of the Board of Directors at Asahi Glass, the delegation’s visit ...
At ASEAN energy summit, green energy and investment were in focus
In his talk at the ASEAN energy ministers meeting held in Phnom Penh last week, Prime Minister Hun Sen emphasized the need for the ten-member bloc to work together to bolster its regional energy connectivity to meet a rapidly growing demand for energy. He also ...
Cambodians protest Xayaburi in Bangkok
Cambodians were among anti-Xayaburi dam protesters who demonstrated outside Thai Parliament in Bangkok yesterday, urging Prime Minister Yingluck Shinawatra to halt construction and tear up an agreement to buy the proposed dam’s power. A group of Cambodians travelled to Bangkok especially to raise their concerns about ...
Border provinces request more energy from Thailand
Thailand had been asked to supply more electricity to those Cambodian provinces close to the shared border, according to officials. Suy Sem, Cambodian minister of Industry, Mine and Energy, talked to reporters after a bilateral meeting with his counterpart, Thai Minister Arak Chonlatanon last week, a ...
Cambodia to Buy Power From Laos’ Xayaburi Dam
Laos’ energy minister announced last week that the country will sell energy supplied by the controversial Xayaburi Dam to Cambodia. It is already planning to sell power to Thailand, where last month a lawsuit was lodged to stop the country from buying electricity produced at ...
http://www.ooskanews.com/daily-water-topic/cambodia-buy-power-laos-xayaburi-dam_24348