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City Public Transport May Take More Than 10 years to Materialize

by sidet on April 30, 2012

in Traffic Issue

public transport in Cambodia

Public transport in Cambodia

A public transportation system for Phnom Penh is still years from becoming a reality, according to a presentation during a meeting on urban transit on Friday at City Hall, but the Japan International Cooperation Agency (JICA) will begin a survey at the end of May to identify key traffic problems that clog the city’s streets.

Plans for a public transport system have been discussed between JICA and City Hall for more than a decade and the discussions will likely continues on until 2035—the target year of the project’s completion—said Masato Koto, JICA’s urban transport planning team leader.

In 2001, JICA and City Hall attempted a two-month public bus service that was discontinued because Phnom Penh residents were not ready to give up their motorbikes for public buses, deputy Meanchey district governor By Saphoan said in the meeting. [Read full article…]

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Sihanoukville Port Plans to List on Stock Exchange in July

April 26, 2012 Businesses
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While the Phnom Penh Water Supply Authority’s (PPWSA) share price continue to fall yesterday, a second state firm came a step closer to joining it on Cambodia’s nascent stock exchange by announcing plan to register by the end of July. At a ceremony marking the first day of trading in the PPWSA on the Cambodian [...]

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Cambodia has made real progress in decreasing cases of malaria—already surpassing the Millennium Development Goal for malaria four years ahead of the 2015 target—but certain communities still face major challenges in combating the disease, officials said on World Malaria Day. Although cases of malaria nationwide decrease by 20 percent during the first three months of [...]

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Cashew Nut Harvest Likely To Decline

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April 24, 2012 Tourism
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About 1.8 million Cambodian traveled to the coastal and northeastern provinces to celebrate Khmer New Year, a 50 percent increase compared with last year, Tourism Minister Thong Khon said. Mr. Khon said Cambodians are starting to seek out other vacation spots besides the coastal provinces of Kho Kong, Kampot, Kep and Preah Sihanouk. Sites in [...]

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Demand Slow for Phnom Penh Office Space

April 24, 2012 Infrastructure
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Early Childhood Education Critical, Union Says

April 24, 2012 Education
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The government must improve early childhood education, as schooling at a kindergarten level is vital in order for children to develop academically in later life, representatives of the Cambodian Independent Teacher’s Association (CITA) said. A belief that early childhood education is not as important as schooling in later years is one reason that Cambodia lags [...]

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Foreign Trade Bank of Cambodia Eyes IPO; No Date Set

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April 18, 2012 Businesses
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The Phnom Penh Water Supply Authority will launch its initial public offering (IPO) today on Cambodia’s bourse, and investors and securities officials said that they expected the company to make a strong start to trading. “Ordinary people, sate institutions and the private sector have been waiting for this day for a long time. Most people [...]

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Acleda Eyes Expansion Into Burma

April 13, 2012 Economic
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Cambodia’s largest bank, Acleda, is looking to get in early on Burma’s economic reawakening, with plans to open three microfinance branches in the country as soon as January, the bank’s CEO said. In Channy said he discussed the plan on Monday with a visiting Burmese delegation headed by Nay Aye, the deputy governor of Burma’s [...]

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