News

UK ambassador to Cambodia Dominic Williams invited the leadership of the Ministry of Public Works and Transport to participate in a January 26 consultation of several developmental projects, including a Mass Rapid Transit (MRT) project for Phnom Penh. ... ...

Cambodian government has encouraged U.S. companies to join biding on infrastructure projects and build quality physical infrastructure in Cambodia. ... ...

Prime Minister Hun Sen on Saturday addressed the Kingdom’s spending on new infrastructure projects during the groundbreaking ceremony for 34 new roads in Preah Sihanouk province amid calls for greater transparency over Cambodia’s expenditures. ... ...

Capital Hall released results of a study that surveyed the infrastructure needs of poor communities in Phnom Penh. The study was conducted by asking 2,397 community members in eleven communes to identify which infrastructure projects need to be prioritised. ... ...

At a congressional hearing in Washington on Tuesday that scathingly rebuked Prime Minister Hun Sen and his ruling CPP, a U.S. lawmaker called for legislation to cut American aid to Cambodia following the national election on July 28. Representative Steve Chabot, who chaired the House Subcom­mittee ...

Bilateral trade between Cambodia and South Korea nearly reached the $1 billion dollar realm in 2012, a hike of nearly 100 per cent from the year before, senior officials said yesterday. ... According to official data from the Korea Trade-Investment Promotion Agency, total bilateral trade between ...

South Korea will soon give a four year loan package worth $200 million for dam and road projects, according to Cambodian Ministry of Foreign Affairs on Friday. ... The loan will be utilized to repair three national road lines as well as rural roads in nine ...

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 ...

Going by the World Bank’s method of grouping nation states by their wealth, Cambodia this year could become a lower-middle income country. Not satisfied, however, with this graduation—a feat in itself from Cambodia’s position of extreme poverty just two decades ago when gross domestic product (GDP) ...

Between 2008 and 2012, Cambodia’s spending on public infrastructure amounted to about US$2.5 billion — a sum an opposition politician says is too low and is ineffectively put to use. In his opening remarks at the seventh Cambodia Outlook Conference, Prime Minister Hun Sen said public ...

The government's guaranteed bailout of major infrastructure projects, such as the future 400-megawatt hydropower dam in Stung Treng province, requires a thorough assessment of forecasted risks - a capacity which the government currently does not possess, an Asian Development Bank (ADB) official said yesterday. Speaking on ...

In the hilly wilderness across southwestern Cambodia, the foundations of the country's strengthening bonds with China are taking root. It is there that large dams supported by Chinese money are being built to literally bring the impoverished Southeast Asian nation out of darkness. The largest of ...

Looking to compete with Chinese influence in the region, the U.S. government is making plans to help American companies win large-scale infrastructure projects in Cambodia, U.S. officials said yesterday in Phnom Penh. The plans, which come as part of a strategic and economic embracing of Asia ...

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 ...

Prime Minister Hun Sen returned home yesterday from a quick trip to Beijing with the promise of some $523 million in new loans and grants, one day after Chinese Prime Minister Wen Jabao praised Cambodia for helping China maintain "friendly relations" with Asean. ... Speaking with ...

Countries in the region need to move faster to reduce the economic gaps between Asean nations if they are to successfully integrate and establish the Asean Economic Community by 2015, Prime Minister Hun Sen said yesterday. Speaking at the 44th Asean Economic Ministers' Meeting in Siem ...

The Chinese government is considering loaning an unspecified amount of money to cover the cost of constructing 20 new national roads, Prime Minister Hun Sen said yesterday. Speaking at the inauguration of 128-km stretch of National Road 62 linking Kampong Thom and Preah Vihear provinces, also primarily funded by ...

Ministers from the six Mekong region nations concluded a two-day meeting yesterday in which they solidified plans for an economic strategy that would span a decade and require billions in investment. Speaking at Phnom Penh’s Peace Palace at the annual ministerial meeting, Minister of Commerce ...