Cambodian first expressway generates $28 million in 8 months
PHNOM PENH: The Phnom Penh-Sihanoukville Expressway has been in operation for nine months, but only eight months of that time have been open to paying customers. In October 2022, the…
Third Ring Road inauguration on 3rd August, a long wait finally over
PHNOM PENN: The Third Ring Road, a 53-kilometer-long highway connecting National Road No. 4 to National Road No. 1 in Phnom Penh and Kandal provinces, will be officially inaugurated on…
$267 million third ring road to be inaugurated after delay
PHNOM PENH: The construction of the Third Ring Road in Phnom Penh has been completed 100%, and the road is scheduled to be officially inaugurated in early August 2023. The…
Cambodia $50 billion master plan in logistics to boost sector’s competitiveness
PHNOM PENH: Cambodia's Minister of Public Works and Transport, H.E. Sun Chanthol, recently announced a $50 billion plan to upgrade the country's logistics sector. The plan will be implemented over…
Cambodia, Singapore set up financial transparency corridor to support SMEs
PHNOM PENH: Cambodia and Singapore have reached a deal on setting up the Financial Transparency Corridor (FTC) initiative, facilitating trade and cross-border related financial services between small and medium-sized enterprises…
NBC: Cambodia forecasts growth At 5.5 percent in 2023
PHNOM PENH: The National Bank of Cambodia (NBC) has forecast the country’s economic growth at 5.5 percent in 2023, with an expected yearly inflation rate of 2 percent. Still, external…
Chinese investment played a significant role in Cambodia’s economic development
PHNOM PENH: Cambodia has been experiencing strong economic growth for many years. As the economy grows, the country needs to increase its production capacity and attract investment. China is the…
New underground parking garage and shopping mall to solve city’s public parking problem
PHNOM PENH: Phnom Penh Governor Khuong Sreng presided over the groundbreaking ceremony for the construction of an underground parking garage, shopping mall, and resort in Sangkat Wat Phnom, Khan Daun…
Koh Norea bridge to ease traffic in Chbar Ampov district by end of 2023
PHNOM PENH: The Koh Norea bridge project, which will connect traffic from urban areas to the Chbar Ampov district on National Road 1, is expected to be completed by the…
Phnom Penh’s third ring road inauguration postponed
PHNOM PENH: The official opening of Phnom Penh’s third ring road, valued at $273 million, which was initially planned for June 30, has been postponed until after the National Election…
The impact of provincial roads no.146B and 148 boost Sihanoukville infrastructures
PHNOM PENH: Provincial Road No. 146B spans a length of 20.67 km. This road starts at the separation point of National Road No. 4 at km 178 + 165 in…