2022 Cambodia Property Awards Announced with All-New Best Coastal Residential Development Category
PropertyGuru has officially announced the return of2022 PropertyGuru Cambodia Property Awards with an in-person, safely conducted, exclusive black-tie gala dinner and ceremony to be held at the Sofitel Phnom Penh Phokeethra on 26 August. The announcement was made during the media roundtable held on 23 February at the Sofitel Phnom Penh Phokeethra. The event was […]
Read More
Cambodia’s Construction Sector Improves Ranking in Region
Cambodia’s construction sector has improved its ranking among countries in the region, with the score rated in January 2022 showing better performance. According to the GlobalData’s Construction Project Momentum Index, the construction sector in Cambodia is also seeing fewer and fewer problems, with score on the index going up from 0.47 in December 2021 to […]
Read More
Local Firms, USAID Jointly Invest in Establishing Cold Chain Infrastructure in Cambodia
The United States Agency for International Development (USAID) announced two new partnerships with private firms to co-invest in the cold chain, agricultural storage capacity, and logistics sectors in Cambodia. According to the USAID announcement on 23 February, Khmer Cold Chain Company (KCCC) and Amru Rice will develop, test, and operationalise agricultural cold chain storage and […]
Read More
Japan Plans to Invest in Building 2000-Unit Housing Project in Siem Reap
Japanese company UR Linkage Co Ltd has unveiled a study plan to invest in building a 2,000-unit Japanese standard affordable housing project in Siem Reap. This project was presented in the 3rd Public-Private Forum on “Cambodia-Japan Urban Development’ held on 16 February. Named Sakura Angkor, the project is currently in the study phase and is […]
Read More
First Wireless EV Charging Road to be Built in US in Michigan, Operational by 2023
The United States has recently announced that it will soon build a public wireless in-road charging system allowing electric vehicles (EV) to charge while in motion and stationary. Israeli power company Electreon was selected to build this electric road system (ERS) in Detroit, Michigan, as part of the inductive vehicle charging pilot program. Michigan Department […]
Read More
PM Rejects Criticism of Deep SHV Seaport Development as a China Debt Trap
Prime Minister Samdech Techo Hun Sen once again dismissed criticism of the development of Sihanoukville deep seaport as a China debt trap, given that the port has been developed and supported by Japan. PM Hun Sen made the announcement during the ground-breaking ceremony of the Japanese-funded US$20-million Boeung Choeung Ek sewage treatment plant on 22 […]
Read More
Ground officially broken on large-scale Choeung Ek wastewater treatment plant
The construction of the Choeung Ek wastewater treatment plant stretching over 3 hectares of land in Prek Ta Kong 1 village of Chak Angre commune officially began. The groundbreaking ceremony is presided over by Prime Minister Samdech Hun Sen Japanese Ambassador to Cambodia HE. Mikami Masahiro. Built by Kubota-Metawater Joint Venture, the project is being […]
Read More
CMAC, JICA Finalise Mine Museum Project for Siem Reap, Mine-Shape Design Rejected
The Mine Action Centre of Cambodia (CMAC) and JICA’s consultant team have finalised the design of the planned construction of a mine museum in Siem Reap province, citing that the building will not be mine-shaped. The two sides signed an agreement on the layout design of the project on Friday 18 February. According to CMAC […]
Read More
Iran Mulls Investing in Cambodia’s Oil & Gas Sector
Cambodia’s oil and gas sector has attracted the attention of Iranian investors, as Cambodia has many potential spots both offshore and onshore. In a meeting with Minister of Mines and Energy HE Suy Sem on 21 February, Ambassador of Iran to Cambodia HE Ali Akbar Nazari said that Iran is ready for cooperation in the […]
Read More
Construction of US$32-million standardized irrigation system 75% complete
The construction of a US$32-million ADB-funded Prek Po irrigation system in Kampong Cham and Kandal provinces has reached 75% completion. The construction progress was updated during the site inspection of relevant officials led by Kampong Cham Governor HE Un Chanda on 19 February. The irrigation system will provide water to two districts, Srey Santhor district […]
Read More
Five firms sign MoU to strengthen real estate investment between Cambodia and EU
Five major local and international companies have entered partnerships on new investment opportunities to promote real estate investment between Cambodia, Canada and Portugal. The MoU was signed on 18 February between Zillennium Co., Ltd (Z1 Group), Z1 Financial, Century 21 Fortuna Investment, Mercan Group and Mercadia Cambodia. The collaboration is an important step towards contributing […]
Read More
Multiple Infrastructure Projects Inaugurated in Kandal’s Lvea Em District
The Kandal Provincial Administration has inaugurated several infrastructure projects in Lvea Em district, Kandal province. The inauguration was held on 19 February and presided over by HE Kong Vibol, Minister Delegate to the Prime Minister and Director General of the General Department of Taxation. Those new infrastructures projects include a public garden (20mx35m), a football […]
Read More