Le Hong Hiep Punishment awaits the Vietnam senior officials who allowed the country’s renewable energy quest to go off the rails, despite its apparent initial success. This policy crisis has the potential to affect other economic sectors if no clear end is in sight. In late 2023, the Inspection Commission of the Central Committee of…
The Electricity of Vietnam Group (EVN) is no longer a major power producer as it has contributed only 11% of electricity to the national grid this year. According to the Electricity Regulatory Authority of Vietnam (Ministry of Industry and Trade), of the national power system’s capacity of nearly 80,000MW, state-owned enterprises including EVN, Vietnam Oil…
Vietnam has been making policy changes to open up the electricity industry to private investors, but still remains far from creating a competitive market. Until 2006 state-owned Vietnam Electricity (EVN) owned all power plants in the country, but its monopoly has been reducing since, and it now only accounts directly or indirectly for around 37.6%…
Major Japanese retailer Aeon Mall has opened a logistics center in the southern Cambodia city of Sihanoukville. The port of Sihanoukville is the only one in the country accessible by large container vessels. A project to develop it into an international hub is underway, with assistance from Japan. Aeon Mall’s new 30,000-square-meter logistics center is…
HANOI, July 17 (Reuters) – Vietnam received its first shipment of liquefied natural gas (LNG) this month, a milestone for the energy-hungry country, but various hurdles mean it could take years for imported gas to ease the country’s long-running power shortages. Disagreement over pricing, plant construction delays and lack of supply contracts are dogging the…
Poised to reinvent the Vietnam culinary and beverage sector with its trailblazing, cost-effective approach to product development, Bloom. represents a dynamic leap forward for the industry. The event was attended by high-profile representatives, including Sweden’s Ambassador to Vietnam Ann Måwe, Pham Hong Quat, director-general of the National Agency for Technology Entrepreneurship and Commercialisation, along with…
04 July 2023 | 21:34 ICT A feasibility study is underway on a proposed project to convert the Southern Railway Line that links Phnom Penh with Sihanoukville province into high-speed rail to better handle the growing demand for passenger and freight transit, according to Minister of Public Works and Transport Sun Chanthol. This follows the…
HANOI, May 16 (Reuters) – The prime minister of Vietnam approved a long-awaited power plan for this decade that needs $134.7 billion of funding for new power plants and grids, the government said late on Monday, in a move that may help unlock billions of dollars of foreign investment. The Vietnam power plan, known as…
Hanoi (VNA) – The Cambodia government on April 7 approved the construction of five renewable energy power plants with a total capacity of 520 megawatts. According to spokesman of the Cambodian government Phay Siphan, the approval was made during a meeting of the Council of Ministers chaired by Prime Minister Samdech Techo Hun Sen. Phay…
By DANSON CHEONG Monday, 16 Jan 2023 3:41 PM A wind power project in China’s Hebei province. China has begun building the world’s largest floating wind farm off the coast of Hainan.- SEMBCORP INDUSTRIES BEIJING (The Straits Times/Asia News Network): China is building the world’s largest commercial floating offshore wind farm off the coast of…
Nguyen Hung Dien, Minister of Industry and Trade of Vietnam, established the new framework for electricity prices for transitional solar as well as wind power projects. The ceiling price for electricity generation (excluding value-added taxes) is VND1,184.90/kWh for ground solar power plants and VND1,508.27/kWh for floating solar power plants. For the onshore wind power plants,…
The Cambodia government has expressed its determination to build high-speed rail to link Phnom Penh with Sihanoukville and neighbouring countries. Prime Minister Hun Sen said yesterday that the government has been conducting studies on high-speed railways connecting domestically and to neighbouring countries. “We are conducting studies on high-speed railways connecting Phnom Penh to Preah Sihanouk…
The government plans to look into building a proposed Sihanoukville Logistics Center (SLC), with support from the World Bank, to transform Cambodia into an “active distribution channel” for the region as well as to capture and maintain a sound competitive edge against its peers, according to Minister of Public Works and Transport Sun Chanthol on…
Long Kimmarita | Publication date 10 November 2022 | 19:58 ICT Cambodia’s second expressway project, which will run from Phnom Penh to Bavet town in Svay Rieng province on the border with Vietnam, has an estimated cost of more than $1.6 billion, Minister of Public Works and Transport Sun Chanthol revealed. The construction contract was…
October 1, 2022 Khmer Times Cambodia’s first expressway – which reduces travel time from Phnom Penh to Sihanoukville from five hours to just two hours – opens for a free month’s trial today. The Phnom Penh-Sihanoukville Expressway is 187.05 km long, connecting Village 1, Sangkat Samrong Krom, Khan Por Senchey, Phnom Penh to Village 1,…
Cambodia is planning to receive one million international tourists via the sea route by 2027 and will strengthen the Southern Tourism Corridor (STC) Cooperation as well, said Thong Rathasak, Director General of Tourism Development and International Cooperation of the Ministry of Tourism, recently. The STC is participated by Thailand, Vietnam, Myanmar and Cambodia. Talking to…
The Vietnam government is reportedly concerned about legal action from solar investors if its new power development plan does not prove ambitious enough. Vietnam’s latest draft energy plan prepares for 8.7 GW of new solar between 2021 and 2030, but the Vietnam Ministry of Industry and Trade is reportedly fearful of legal action by solar…
After a renewables frenzy, Vietnam’s solar energy goes to waste in many provinces without enough transmission capacity. For up to 12 days every month, Tran Nhu Anh Kiet, a supermarket manager in Vietnam’s Ninh Thuan province, is forced to turn off his solar panels during the most lucrative peak sunshine hours. “I’m losing on average…
Sok Sithika / Khmer Times The $1.5 billion port is expected to be a major artery for Cambodia’s maritime transport. MPWT A large international deep-sea port in Kampot province has officially opened its construction site. The $1.5 billion Kampot port is expected to be a major artery for Cambodia’s maritime transport. The ground-breaking ceremony for…
Prime Minister Hun Sen, Head of the Royal Government has instructed the Ministry of Public Works and Transport to study the feasibility of improving the existing railway system in Cambodia into a high-speed railway. This is according to Sun Chanthol, Minister of Public Works and Transport, while leading a youth delegation of the Ministry of…
The CapitaLand Development (CLD), a real estate firm and development wing of CapitaLand Group, is investing $1.3b for the enhancement of its first industrial park, logistics park, as well as township development in Vietnam. The CLD and the People’s Committee of Bac Giang province signed a memorandum of understanding (MOU) for the $1.3b investment deal….
The government has agreed in principle to a 1,400MW hydropower dam in Stung Treng province to be built jointly by local conglomerate Royal Group of Companies Ltd and China (Cambodia) Rich International Co Ltd. According to a letter from Royal Group of Companies chairman Kith Meng to Stung Treng provincial governor Svay Sam Eang obtained…
The largest temperature-controlled cold storage and cross-docking facility in Cambodia – which will be able to handle up to 25 per cent of the Kingdom’s total requirements – has broken ground in Kandal province. The Kandal Cold Storage project, which had its groundbreaking ceremony on March 22 in Kien Svay district, was funded by Private…
The Ascott Limited launched its first Citadines Flatiron Apart’hotel in Phnom Penh, Cambodia on March 15. Citadines Flatiron Phnom Penh sits right in the middle of Phnom Penh City Centre, within Flatiron by Meridian, a 41-storey mixed-use integrated development, with Grade A office towers and retail components. The Apart’hotel welcomed its first resident and invited…
By Anh Minh February 27, 2022 | 04:22 pm GMT+7 A worker cleans solar power panels in Vietnam’s central Ninh Thuan Province in 2019. Photo by VnExpress/Quynh Tran The solar power capacity planned by Vietnam for 2031-2045 is “too high” should be cut to give space for wind power, the government says. In a communiqué…
Wang Wentian, Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Cambodia, said that if the process goes smoothly as planned, the Phnom Penh-Sihanoukville Expressway project could be completed in June 2022. He made the remarks at a handover ceremony of 231 cases of Covid-19 traditional Chinese medicine weighing 1,125 kilograms to Deputy…
PHNOM PENH, Jan 20 (Xinhua): Cambodia has inaugurated a US$1.2 million new tourist port in the seaside city of Kep, aiming at attracting more foreign tourists to the southwestern Kep province in the post-Covid-19 era, said a transport ministry’s news release. Speaking at the event, Cambodian Transport Minister Sun Chanthol said the port, built on…
The Vietnam Ministry of Industry and Trade will not add any more wind and solar power into this year’s 2022 plan, due to a lack of input facilities to transfer them to the national grid. At the 2021 review meeting of the National Load Dispatch Centre on January 10, its deputy director Nguyen Quoc Trung…
AEON Mall (Cambodia) Co Ltd’s first “multifunctional logistics business hub” is set to break ground early next month and start operations next year, in a special economic zone (SEZ) near Sihanoukville Autonomous Port (PAS), according to a port source with knowledge of the matter. The shopping mall developer and operator has leased a plot of…
Construction on Kampot International Tourism Port – a 4ha quay in Teuk Chhou district about 6km west of Kampot town – has fallen off track, reaching 90 per cent completion, according to a senior Ministry of Tourism official last week. The project is now planned to be finished by March 31, more than four months…
The Prime Minister of Cambodia Hun Sen has confirmed that Cambodia will examine the possibility of developing existing railways into high-speed railways and expanding railway connections to other potential provinces to reduce traffic accidents and increase transportation capacity. The new railway, which is planned to be built is to connect the existing railway in Poipet…
A new floating eco-tourism port is in the pipeline for northern Sihanoukville province’s Trapaing Kea village, on the Prek Kampong Smach canal upstream from Veal Rinh Bay, according to provincial authorities. In expectation of a marked upswing in national and international tourists in the near future as Covid lets up, provincial officials have welcomed the…
PHNOM PENH, Dec. 12 (Xinhua) — Nearly 71 percent of the construction work on the Chinese-invested Phnom Penh-Sihanoukville Expressway has been completed despite the COVID-19 pandemic, the Cambodian Ministry of Public Works and Transport (MPWT) said in a news release on Sunday. MPWT’s secretary of state Yit Bunna visited the construction site in southwestern Kampong…
From 2022, Cambodia will rollout the expansion of the sea port at Sihanoukville province to reduce sea transport cost and attract more foreign direct investments. The plan was shared recently with the media by Lou Kimchhun, Director General of Sihanoukville Autonomous Port, adding that the sea port expansion will entail three main stages. According to…
PM Hun Sen said more than $320 million was spent on the construction of infrastructure in Sihanoukville province to improve Cambodia’s image and be the driver of economic growth for the nation. He made the remarks in a speech given at the inaugural ceremony for 37 newly completed roads and three wastewater treatment stations in…
Continent Assets Management Co., Ltd, PLMP Venture Capital Co., Ltd, PropNex Cambodia Co., Ltd and Ly Ly Kampong Seila Special Economic Zone Co., Ltd signed a memorandum of understanding (MOU) on November 17th 2021, to join strategic cooperation in designing new investment companies for fintech hub projects in Sihanoukville City under the honorable presences of Governor Kuoch…
The Cambodia government is working to transform Sihanoukville province, also known as Preah Sihanouk province, into a multi-purpose special economic zone (SEZ) after the province received the designation earlier this year. On June 9, 2021, Cambodia Prime Minister Hun Sen signed a sub-decree that will make Sihanoukville province a multi-purpose SEZ. The designation stands to…
Hanoi (VNA) – Forty-two out of 106 wind power plans registering for commercial operation received Commercial Operation Date (COD) acceptance as of October 29, according to the Electricity of Vietnam (EVN). According to the EVN, the 42 plans have total capacity of over 2,131 MW. It said that the 106 wind power plants have a…
Cambodia will add 495MW of solar power capacity from seven projects by 2023, which will represent “20 per cent” of the total energy supply by then, as the world looks to harness the sun as a key source of renewable electric power in the fight against climate change, according to a senior energy official on…
The Ministry of Economy and Finance has awarded a master plan consultancy contract to a top Chinese institute for the development and transformation of Preah Sihanouk province into a “Model Multi-Purpose Special Economic Zone”, Southeast Asia’s next logistics and resort hub and innovation centre. The master plan will serve as a key roadmap to develop…
Kampot International Tourism Port – slated to be completed by end-2021 – will become an international maritime gateway, a vital component in the national transportation system, and an important magnet for national and international tourists, according to Minister of Tourism Thong Khon. The minister made the remark on September 29 during an inspection of the…
The real estate market of Sihanoukville province is beginning to show more positive signs after a subdued period, following a double whammy shock of an exodus of Chinese nationals in the wake of an online gambling ban, and then the Covid-19 crisis, observers have said. In a bid to develop the Kingdom’s largest coastal province…
PHNOM PENH, Sept. 12 (Xinhua) — Visiting China State Councilor and Foreign Minister Wang Yi and Cambodia Deputy Prime Minister and Foreign Minister Prak Sokhonn agreed here on Sunday to further enhance bilateral cooperation between their two countries. During a meeting with Prak Sokhonn, Wang said that he and Sokhonn have met face to face…
According to the Ministry of Public Works and Transport of Cambodia, the construction of the Phnom Penh (PP)-Sihanoukville Expressway is progressing smoothly and to date, the project has achieved 63% in terms of overall completion. After the completion of the above expressway project, the journey from PP to Sihanoukville is estimated to take only 2…
The Cambodian government’s relentless push to improve the Kingdom’s logistics infrastructure got another boost this week with officials committing to build 11 new roads for Sihanoukville. Already, the province is set to benefit from the 190 kilometre-long, $2 billion Phnom Penh-Sihanoukville Expressway due to be completed next year. Earlier in 2021, the government completed a…
Ream City development, is a new ‘city within a city that is rising from an 834-hectare plot of reclaimed land in Sihanoukville, Cambodia located along the coast of the Gulf of Thailand. The $16 billion project led by the Cambodian property development company Canopy Sands, is one of the largest real estate investments in the…
Cambodia and China have agreed to boost transport development cooperation. The Kingdom has sought assistance from China in human resources development of infrastructure skills. The agreement was made during a virtual meeting held yesterday between the Senior Minister and Minister of Public Works and Transport Sun Chanthol and his Chinese counterpart Li Xiaopeng. Chanthol briefed…
Cambodian Minister of Public Works and Transport Sun Chanthol said the construction of the Chinese-invested Phnom Penh-Sihanoukville Expressway has gone full steam ahead despite the Covid-19 pandemic. It is expected to be completed ahead of schedule. Invested in by China Road and Bridge Corp (CRBC), the $2 billion expressway will connect the capital city of…
Senior Minister and Minister of Public Works and Transport Chanthol inspected the progress of the construction of National Road 146B and National Road 148, both of which are scheduled to be completed by August, 2022. The Senior Minister also inspected the automatic concrete mixer, which can be produce enough materials to build 500 meters per…
It is likely that Vietnam will have to reduce renewable energy sources in the next five years, as booming development in recent years was weighing on the power system, according to a recent report by the Institute of Energy. The report showed that Vietnam’s power system had a total power generation capacity of around 69…
The construction of the nearly $2 billion Phnom Penh-Sihanoukville Expressway is 51% complete and is expected to be finished in 2023, according to Ministry of Public Works and Transport secretary of state Vasim Sorya. Invested in by Cambodian PPSHV Expressway Co Ltd, the first expressway in Cambodia will boast a total length of 190.3km and…
Low power demand coupled with oversupply of electricity at times have forced authorities to cut the capacity of renewable energy plants in order to avoid overwhelming the national grid, according to the Ministry of Industry and Trade (MoIT). A large amount of investments from social resources has been poured into developing renewable energy, particularly solar…
Chinese officials have pledged to bolster Cambodia’s railway infrastructure, according to local media reports. National news agency Agence Kampuchea Press (AKP) reported yesterday that an agreement was made following Preah Sihanouk Provincial Governor Kuoch Chamroeun’s request for Chinese aid in developing the province’s railroad infrastructure. Cambodia’s existing 264 kilometre-long Southern Line connects the coastal city…
Canopy Sands Development, a member of Prince Holding Group has approved a masterplan for Ream City developed by Surbana Jurong Group, a global urban, infrastructure and managed services consultancy headquartered in Singapore. The masterplan specifies a land use plan for the 834-hectare project requiring total investments estimated at $16 billion, and will be developed on…
With five free trade agreements (FTAs) on the docket this year, Cambodia is bolstering its logistics network in anticipation of the deals. To that end, last month the Prime Minister approved the immediate upgrade of the Stung Bot, Bavet and Poipet checkpoints. Sopheavatey Sorn, director of logistics at the Ministry of Public Works and Transport,…
Canopy Sands Development Co Ltd, a member of Prince Holding Group, one of Cambodia’s largest and fastest growing conglomerates, approved a master plan to develop Preah Sihanouk province’s Ream bay into the $16 billion Ream City. The masterplan specifies a land use plan for the 834ha project, which will be developed on reclaimed land and…
A 34-road infrastructure project in Preah Sihanouk province has completed initial construction of concrete roadways and drainage systems and is on schedule to be entirely finished in the first half of next year. Provincial hall spokesman Kheang Phearum told The Post on December 28 that 98 per cent of light poles had been installed as…
Minister of Economy and Finance Aun Pornmoniroth said the government welcomed investments worth €80 million ($97 million) from the European Investment Bank (EIB) for the Irrigated Agriculture Improvement Project (IAIP) in Cambodia. He regarded this project as a crucial step towards improving living conditions and agricultural production in the country. The Asian Development Bank (ADB),…
Vietnam will see strong growth in industrial property next year due to higher demand for industrial parks as business expand production or relocate out of China, according to Savills Vietnam. “In the coming years, particularly 2021 and 2022, I think we are going to see a big emphasis on supply,” said John Campbell, Industrial Services,…
At least three Chinese companies are investing in industrial steaming equipment to use in the phytosanitary treatment of agricultural products for export, Minister of Agriculture, Forestry and Fisheries Veng Sakhon told The Post on Monday. This comes in response to the Chinese government’s June 9 official approval of the export of 500,000 tonnes of Cambodian…
The construction of the more than $1.9 billion Phnom Penh-Sihanoukville Expressway has not been delayed despite the Covid-19 pandemic, with more than 26 per cent of the project completed and expected to finish in about two years, according to Ministry of Public Works and Transport secretary of state Vasim Sorya. The first expressway in Cambodia…
The once dormant Cambodian gaming capital of Sihanoukville is returning with a modernized model for the times that appears prepared to create added steady revenue flow for Cambodia. Recent History Originally arising from a construction boom backed primarily by Chinese investors, Sihanoukville developed into a resort of palm-fringed beaches with no regard for urban planning,…
Sihanoukville, Cambodia’s dominant coastal province – is positioned for future growth as the country’s principal gateway onto the 21st Century Maritime Silk Road and global trade routes. It is set to be modelled after the high successful Shenzen development master plan which turned backwaters near the Hong Kong border into a bustling metropolis. Urban planning…
The coastal city of Sihanoukville has recently undergone a $294 million restoration and expansion project of 34 roads, making it more accessible, clean and ready for the return of tourism. In November last year, the government, with the attendance of Prime Minister Hun Sen, began the work, spanning 82 kilometres. A key issue in Sihanoukville…
Prime Minister Hun Sen said the 34 roads and other infrastructure projects underway in Preah Sihanouk are preparing the province to be a model of sustainable development for Cambodia’s coastal areas and a special economic area that will attract tourists and foreign investors. He said this at a meeting with officials in charge of Preah…
Sihanouk International Airport will soon increase its capacity to allow for long-haul flights – flights longer than seven hours – and the upgrade is expected to enhance relations in the trade, investment and tourism sectors between Cambodia and the rest of the world. At a press conference on the “Progress and Implementation plan of the…
The government aims to transform Sihanoukville into Cambodia’s industrial hub – a “second Shenzhen city”, Ministry of Economy and Finance secretary of state Vongsey Vissoth said. Located along the coast, Preah Sihanouk province boasts an international airport, a railway line connected to Phnom Penh and the Kingdom’s only deep-sea port. Its construction sector has attracted…
