Infrastructure

Expansion of Int’l Airports to Double Capacity

Cambodia Airports will invest $100 million next year to expand the size of its airports in Siem Reap City and Phnom Penh and double the number of passengers that can pass through its two main hubs in the country, an official airport operator said yesterday. Emmanuel ...

City Starts Building Road Near Boeng Kak Lake

The Phnom Penh Municipality has begun construction work on a road skirting the area formerly taken up by the Boeng Kak lake, according to a statement posted on the city’s website. On Monday, the municipality held an inauguration ceremony for construction of a 615-meter concrete road ...

World Bank raps dam study firm

The World Bank has blacklisted an arm of the company that carried out a much-criticised study into the Xayaburi hydro dam project, it has confirmed. According to the bank’s website, Pöyry Management Consulting Oy Finland has been banned from conducting business with the bank for three ...

http://www.phnompenhpost.com/index.php/2012072057536/National-news/world-bank-raps-dam-study-firm.html

Tractor Imports From Thailand Decline

The number of agricultural tractors and power-trailers imported to Cambodia through the Poipet International Checkpoint in Banteay Meanchey province has decreased by 72 percent in the first six months of the year, compared to the same period last year, the provincial commerce department said. Thong Thyna, ...

More water transport needed

Cambodia’s waterways go largely unused for domestic shipping, a factor hurting the competitveness of the country’s logistics and agriculture sectors, experts said yesterday. Cambodia lost ground this year in a measure of logistics performance. As rice millers and exporters push toward the 1 million-tonne rice goal ...

http://www.phnompenhpost.com/index.php/2012071857471/Business/waterways-needed.html

National Rail Project Heralded by Eviction Notices in Poipet

Poipet City authorities have given dozens of families living along a section of railway slated for renovation 10 days to move or face forcible eviction. Poipet City Deputy Governor An Vanak said that the eviction notice was sent Monday to about 40 families, only eight of ...

SMEs seek own SEZ

The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) is now pushing for the establishment of a special economic zone (SEZ) for small and medium sized enterprises and is currently discussing such a move with the Ministry of Industry, Mines and Energy, ...

http://www.phnompenhpost.com/index.php/2012071857474/Business/smes-seek-own-sez.html

GE Engines to power Cambodian rice husk power project

GE Energy has signed a contract with Cambodian industrial conglomerate Soma Group to supply two of its engines to power a biomass gasification facility. Soma Group’s Hak Se mill biomass gasification project is located in Cambodia’s rural rice milling region Kamphong Cham, and reinforces a 2011 ...

http://biomassmagazine.com/articles/7870/ge-engines-to-power-cambodian-rice-husk-power-project

Laos Postpones controversial development project of Xayaburi dam: Lao Foreign Minister said

Lao Foreign Minister Dr. Thongloun Sisoulith said on Friday that Laos has postponed the controversial development project of Xayaburi Dam Cambodia and Vietnam expressed their shared concerns about the construction project of the dam, which could damage and affect the environment, natural resources, and living condition of the people at the lower countries. ...

http://thesoutheastasiaweekly.com/

Dara Airport Hotel lands at Ratana Plaza

A new hotel serving the Phnom Penh International Airport opened on July 1 at Ratana Plaza on the left off Russian Boulevard just before Hanoi Road on the way to the airport from central Phnom Penh. The Dara Airport Hotel has 155 rooms with a fifth-floor ...

http://www.phnompenhpost.com/index.php/2012071757451/Business/dara-airport-hotel-lands-at-ratana-plaza.html

Yingluck vows to halt Xayaburi

The Thai company set to build Laos’s Xayaburi hydropower dam will not begin construction until a study determines the dam’s environmental effects on the Mekong River, Thai Prime Minister Yingluck Shinawatra said on Friday. Yingluck reaffirmed her commitment to the study, which Mekong River Commission countries ...

http://www.phnompenhpost.com/index.php/2012071657443/National-news/yingluck-vows-to-halt-xayaburi.html

Rats Good Business for Cambodians, Food for Vietnamese

Koh Thom district, Kandal province – On a quiet stretch of road in this sleepy border town, there are some telltale signs of an unusual trade: A trail of discarded dead rats, some upturned with their paws stiff in the air, others covered with a ...

Prices and Monetary Developments

Price levels picked up during the first half of 2012 but will likely cool down in the second half of the year due to changes in energy prices and major food related items. Therefore, the inflation rate has been upwardly adjusted by 30 basis points to 4.8 percent ...

http://www.etmcambodia.com/

Toll Royal to Restart Rail Services Next Month

Less than four months after suspending work on Cambodia’s dilapidated railway network, Toll Royal Railways (TRR), the network’s operator, has informed the government that it will recommence transporting construction materials needed to build the southern line on Aug. 1, company officials said yesterday. The decision to ...

45th ASEAN Foreign Ministers' Meeting kicks off

The 45th ASEAN Foreign Ministers Meeting (AMM) kicked off in Phnom Penh on Monday, focusing on politics, security, food and energy security, economics and culture in order to further advance the bloc’s cooperation toward a community by 2015. Cambodia’s Prime Minister Hun Sen said thatafter 45 years, ...

http://www.chinadaily.com.cn/world/2012-07/09/content_15561089.htm

Laos only ‘surveying’ Xayaburi

Laos has denied it is pushing forward with the controversial Xayaburi hydropower dam in violation of international legal obligations, the country’s state media reported on Friday. Under a 1995 agreement with Cambodia, Vietnam and Thailand, Laos was obligated to not begin construction without a prior ...

http://www.phnompenhpost.com/index.php/2012070957302/National-news/laos-only-surveying-xayaburi.html

Electric bill hike gets thumbs down

More than 200 villagers in Preah Vihear town thumb-printed a joint complaint to rights group Adhoc over the weekend asking them to appeal to provincial authorities to intervene after their private electricity company raised its prices by more than 1,000 riel per kilowatt hour, NGO ...

http://www.phnompenhpost.com/index.php/2012070957295/National-news/electric-bill-hike.html

Officials Differ on Equipment Confiscation

Forestry Administration officials in Banteay Meanchey province have confiscated and continue to hold equipment valued at $1.5 million from a troubled biofuel plantation without any legal backing, an official in the provincial governor’s office said. Bulldozers, steamrollers and dump trucks were confiscated last month from a ...

Electricity Prices to Rise For Thousands of Homes

The state-owned energy supplier Electricite du Cambodge (EdC) will increase the price of electricity in September for tens of thousands of homes in Phnom Penh and three other provinces due to a hike in the cost of energy being supplied by Vietnam, officials said yesterday. Ty ...

Cambodian goods to be certified

The Ministry of Industry, Mines and Energy (MIME) will begin promoting the Institute of Standards of Cambodia (ISC) certifications by the end of 2012 in an effort to educate people about certified goods, according to ministry officials. The program is in order to boost consumer confidence ...

http://www.phnompenhpost.com/index.php/2012070657245/Business/cambodian-goods-to-be-certified.html

Rice husk power plant deal signed

Cambodia’s Soma Group yesterday signed a US$3-million deal with Indian company Ankur Scientific, the largest biomass-to-energy company in India, to construct a 1.5-megawatt rice husk power plant in Kampong Cham province. ...

http://www.etmcambodia.com/blog.php?article=503

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