UNDP Advises Cambodia to Issue Sovereign Bonds to Expand Financial Resources
UNDP has recommended Cambodia to issue sovereign bonds to expand domestic financial resources for urban development projects. This UN body published the advice in their recent report while also forecasting that Cambodia will graduate from its Least Developed Country (LDC) status in either 2027 or 2028. The report added it is time for Cambodia to […]
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Construction of 10-hectare Landfill in Kampot Set for Completion by July 2022
The construction of the ADB-funded 10-hectare landfill in Kampot province is over now 16% complete and scheduled for final completion by July 2022, according to Kampot Provincial Governor Cheav Tai during a site inspection on Tuesday 27 July. Located in Thmey commune, Teuk Chhou district, ground was broken on the project in early July this […]
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Meridian International Holding Appoints CBRE Cambodia as Sales Agent for Flatiron Project
Meridian International Holding signed an agreement with CBRE Cambodia on Tuesday, appointing the international real estate service provider as their sole agent in the kingdom for sales and leasing at ‘Flatiron by Meridian’, an award-winning, mixed use project located within the Phnom Penh City Centre development zone. The agreement was signed by Meridian International Holding […]
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Forbes Reveals Five Key Real Estate Tech Tools Industry Professionals Should Explore
As the world is moving toward digitalisation, real estate industrial players must also keep themselves in trend, or otherwise will lose competitiveness. Forbes has recommended five new tech tools that real estate professionals should explore: 1.Virtual Tours As the COVID-10 pandemic has prevented clients and brokers from meeting in person, this tool is a new […]
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Transport Minister Urges Relevant Officials to Speed Up Work on Drafting New Port Law
Minister of Public Works and Transport HE Sun Chanthol urged all relevant officials to speed up works on drafting the new port law during an official meeting on Monday 26 July. According to HE Sun Chanthol, to date, the working group has completed most of the draft. “Currently, we are still revising the meaning, wording, […]
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Construction of US$2-million Kampong Speu Stadium Set for Completion by April 2022
Construction of the US$2-million stadium in Kampong Speu province is proceeding as normal and set for completion by April next year despite the fact that Cambodia is still affected by the COVID-19 pandemic. Kampong Speu Governor HE Vy Samnang said during the site inspection on Friday 23 July that by April 2022 at the latest, […]
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Phnom Penh Governor Breaks Ground on New Concrete Road in Meanchey District
Ground was broken on the construction of a new concrete in Meanchey district road on the morning of Monday 26 July by Phnom Penh Governor HE Khuong Sreng. The project is a renovation of the existing road by expanding the road to 12 metres wide and 1,370 metres long. The road will connect Street 217 […]
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City Hall Orders All Construction Sites to Strengthen Health Control Measures
The Phnom Penh Municipal Administration has instructed construction site owners in Phnom Penh to strengthen health control measures against COVID-19, as cases detected within this sector have been increasing. Phnom Penh Governor HE Khuong Sreng said that the order is to ensure the safety of workers and the sustainability of the sector as a whole. […]
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Over 21,000m of Beaches & Surrounding Infrastructure Upgraded in SHV
The National Committee for Coastal Management and Development of Cambodia has to date upgraded a total of more than 21,000 metres of coastline beach and other surrounding infrastructure in Sihanoukville to attract more tourists after the COVID-19 pandemic. According to the committee’s online meeting on 21 July 21, the beach improvement work includes the restoration […]
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Planning Works Complete for Thai Boon Roong Towers, Construction to Begin Post-COVID
The study on the technical designs and fundamental constructions of the Thai Boon Roong Twin Towers has been completed, while the main construction is expected to begin soon after the COVID-19 pandemic subsides. Chief of Architecture & Construction at Thai Boon Roong Group Tous Saphoeun posted on his Facebook confirming the news on Thursday 22 […]
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Chip Mong Retail Continues Construction of Malls Despite COVID-19
Chip Mong Retail continues to maintain good progress on the construction of its four malls, which have a combined investment value of US$500 million, despite the worsening COVID-19 situation. Mr Arnaud Dufresne, President of Chip Mong Retail, explained the key reasons behind the commitment in the investment saying that, “Chip Mong has been a leader […]
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Russey Keo-Chroy Changva Concrete Bridge 50% Complete
Construction of the concrete bridge across the Tonle Sap River from National Road 5 in Khan Russey Keo to National Road 6 in Khan Chroy Changvar is 50% complete as of 23 July 2021, according to the Department of Public Works and Transport of Phnom Penh. This concrete bridge is being built parallel with the […]
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