$100M five-star hotel approved in Cambodia’s Preah Sihanouk province

$100M five-star hotel approved in Cambodia’s Preah Sihanouk province The government has approved the construction of a $100 million five-star hotel in Preah Sihanouk province that officials say will be ready to welcome tourists once Covid-19 disappears. The Council for the Development of Cambodia (CDC) issued a final certificate of registration to Yong Wang (Cambodia) […]

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Construction of two power projects, solar and hydro-power plants, well under way in Cambodia’s Pursat province

Construction of two power projects, solar and hydro-power plants, well under way in Cambodia’s Pursat province Two power projects, solar and hydro-power plants, are well under way for the construction in Pursat province – a western part of the country sharing its border with Thailand. Victor Jona, director-general of energy and spokesperson at the Ministry […]

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Solar rooftops to propel Prime Road Power to 30% revenue growth target from new renewable energy projects in 2020

Solar rooftops to propel Prime Road Power to 30% revenue growth target from new renewable energy projects in 2020 Prime Road Power Plc, a local renewable energy developer and operator, expects its revenue in 2020 will grow by 30% compared to last year thanks to an engineering procurement and construction project in development. Prime is […]

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Feasibility Study Conducted on Reopening of Cambodia’s Abandoned Airport in Battambang Province

Feasibility Study Conducted on Reopening of Cambodia’s Abandoned Airport in Battambang Province Feasibility study on reopening of the decades-abandoned Battambang Airport has been conducted by a local firm, giving hopes of a reborn air service in the renowned agricultural province of Battambang. “We allowed a local Cambodian firm to conduct the feasibility study to find […]

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Vietnam construction sector forecast by Fitch Solutions to grow over 7% over next decade

Vietnam construction sector forecast by Fitch Solutions to grow over 7% over next decade Foreign Direct Investment (FDI) will play a key role for the expansion of Vietnam’s industrial buildings sector, as Vietnam emerges as a global manufacturing hub, stated Fitch Solutions. Vietnam’s building construction sector is expected to grow strongly at an annual average […]

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