News

Siem Reap to build more roads to promote local economy

The Ministry of Public Works and Transport and Siem Reap provincial authorities have been studying the infrastructure development projects of 38 main roads of nearly 100 kilometers in total in Siem Reap city, to promote the economy, beauty and facilitate the travel of residents and ...

Pech Sotheary
https://www.khmertimeskh.com/50738917/siem-reap-to-build-more-roads-to-promote-local-economy/

Cambodia eyes AIIB loan

Cambodia will begin applying for a loan from the newly established China-backed Asian Infrastructure Investment Bank (AIIB) from next year in response to the current need for infrastructure development. ...

May Kunmakara
http://www.khmertimeskh.com/news/34470/cambodia-eyes-aiib-loan/

Government urged to act upon Phnom Penh–Svay Chrum bridge

The district of Svay Chrum, where the government has – since 2013 – been planning to build a bridge linking the Mekong river from west to east, is currently in the spotlight because of its advantageous geographical standpoint and slated future infrastructure development. ...

Siv Meng
http://www.phnompenhpost.com/post-property/government-urged-act-upon-phnom-penh-svay-chrum-bridge

Private side can spark investment

The government has called on private sector partnership for investment in Cambodia’s infrastructure; a move officials say will help funnel more foreign funds into the country. Speaking at a seminar on Public Private Partnership (PPP), the Minister of Commerce, Cham Prasidh, conceded that help was needed ...

http://www.phnompenhpost.com/2013070566681/Business/private-side-can-spark-investment.html

Joint visa for Thailand and Cambodia in limbo

Despite the fact that the Chairman’s Statement of the recently wrapped 21st ASEAN Summit welcomed progress on regional “connectivity”, a long-awaited joint visa for Thailand and Cambodia remains stalled. Koy Kuong, spokesman at the Ministry of Foreign Affairs said yesterday that there is still no progress ...

http://www.phnompenhpost.com/index.php/2012112259881/National-news/joint-visa-for-thailand-and-cambodia-in-limbo.html

National Road 1 prices on the rise

Land prices along National Road 1 have climbed between 20 and 30 per cent after the road was extended in response to the increasing amounts of vehicles using it. The land that surrounds National Road 1 can be divided into three locations according to the ...

http://www.phnompenhpost.com/index.php/Real-Estate/national-road-1-prices-on-the-rise.html

Tuol Kork on the rise

Tuol Kork district has been showing its potential through infrastructure development, and is changing from a residential into a commercial area, according to property experts. Moreover, Tuol Kork will become a more central area because it is located in the middle of the old Phnom ...

http://www.phnompenhpost.com/index.php/Real-Estate/tuol-kork-on-the-rise.html

Hun Sen Asks China for Loan to Build New Road

Prime Minister Hun Sen said yesterday that he has requested a $140 million loan from China to build a 190 km road that would branch off National Road 5 and allow easier access to Thailand. The request comes just one month after Mr. Hun Sen returned ...

Transport costs remain high

Cambodia’s transport costs remain high compared with those in neighbouring countries, according to a 10-container shipment comparison conducted between Cambodia, Thailand and Vietnam by a Korean-owned company, Pan Continental Freight (PCF). The comparison found Cambodia’s free on board (FOB) costs were US$35 a tonne, whereas Thailand ...

http://www.phnompenhpost.com/index.php/2012092758948/Business/transport-costs-remain-high.html

Villagers facing re-eviction

Villagers evicted from the former Sambok Chab community in the capital’s Dangkor district in 2006 face eviction for the second time – this time without any compensation, evictees told the Post yesterday. According to villager Heng Pheng Chun, 26, authorities in Por Sen Chey district have ...

http://www.phnompenhpost.com/index.php/2012092658910/National-news/villagers-face-eviction-again-in-phnom-penh.html

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

Experts say ASEAN connectivity needs private sector involvemnt

While the planned launch of the ASEAN Economic Community is fast approaching, establishing good connectivity between member states to ensure a free flow of goods and services is a real challenge and needs more involvement from the private sector. That was the message delivered by Cambodian Foreign ...

http://etmcambodia.com

ASEAN needs more funding

ASEAN needs to seek more funds from development partners to develop infrastructure and connectivity in order to narrow the gap among member states, said Prime Minister Hun Sen yesterday at the opening ceremony of the 44th ASEAN Economic Ministers meeting. The Premier said strengthening the connectivity ...

http://www.phnompenhpost.com/index.php/2012082858311/Business/asean-needs-more-funding.html

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