Posts Tagged ‘construction’

China tops list of investing countries in Cambodia

PHNOM PENH, Dec. 19 (Xinhua) — China topped the list of foreign investing countries in Cambodia in the past 14 years, with total amount reaching 5.707 billion U.S. dollars, national media on Friday quoted official source as saying. South Korea trailed China with 2.749 billion U.S. dollars, followed by Malaysia with 2.199 billion U.S. dollars, [...]

Cambodian economy to slow in 2009: World Bank

PHNOM PENH: Cambodia’s economic growthv will slow to 4.9 percent next year amid the global financial crisis, less than half the country’s expansion pace of previous years, the World Bank said Wednesday. “Cambodia, compared to many other countries in the region, is even more open to the external environment,” Stephane Guimbert, the World Bank’s senior [...]

Youth Offered EdC Job After Brother’s Death

The older brother of a young boy killed in a construction accident on a work site of Electricite du Cambodge last week has been promised a job by the company and the family compensated with $1,500. Men Chanpong, 13, was buried alive Friday night by an EdC bulldozer in Lor Kambor village, Svay Pak commune, [...]

Skyscraper complex project scales down in Phnom Penh

PHNOM PENH, Nov. 26 (Xinhua) – Blaming the global financial crisis, a major South Korean developer will dramatically reduce the scale of its proposed one billion U.S. dollars 7-skyscraper complex along the Tonle Bassac River to just three buildings at half the original price, national media said on Wednesday. Ground was broken in June for [...]