Australia to Showcase World’s Tallest Vertical Garden
The US$2-billion Southbank by Beulah Tower in Melbourne, Australia will soon become the tallest vertical garden in the world after completion. According to Architecture & Design’s report, the project is developed by Beulah and designed by UNStudio and Cox Architecture. On track to become Australia’s tallest tower at 365 metres high, Southbank by Beulah will […]
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Sihanoukville Governor Requests China to help advance PP-SHV railway system
Sihanoukville Governor H.E. Kuoch Chamroeun has requested the Chinese government to help improve the Phnom Penh-Sihanoukville railway, especially regarding technical advancement. The proposal was made during a meeting between the governor and Chief Representative of the Chinese Consulate in Sihanoukville Jiang Wei on 16 February. HE Chamroeun stated that the current PP-SHV railway is only […]
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U.S. Seeing More International Buyers Snap Up Great Deals
Foreign Real Estate Transaction Trends in the United States International buyers of U.S. residential real estate account for a significant 5% of total residential real estate purchases, with top geographies for international buyers including Florida, California, Texas, New Jersey, and New York. The average price foreign buyers pay for a U.S. home is $300,000, which […]
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UNESCO Voices Concerns Over NagaCorp Resort in Siem Reap Affecting Angkor Wat
UNESCO has voiced concerns that the US$350-million ‘non-casino resort’ by NagaCorp could cause negative impacts on the World Heritage site of Angkor Wat, although the firm claimed the site location is outside the protected zone. UNESCO issued a statement on 17 February stating that the plenary session of the International Coordinating Committee for Angkor (ICC) […]
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Transport Minister Orders Construction Firm to Speed up Work on NR2 and 22 Renovation
Minister of Public Works and Transport HE Sun Chanthol has requested the construction firm to speed up work on the NR2 and 22 renovation project, as the current completion is only 27%, almost 50% behind schedule. HE Chanthol said during a site inspection on 09 February that the total construction period of these two roads […]
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Large-Scale Borey to Rise in Prey Sar, Dangkor District
Advertorial: Borey Peng Im 2 has been officially launched and opened for sale from 19 February onward, adding more residential supply to the newly-developed area of Dangkor district. Spread over 3 hectares, the project comprises of 245 houses, divided into three types: shop house, hybrid villa type B, and type C. According to the project […]
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Wyndham Hotels & Resorts Open First Five-Star Hotel in Sihanoukville
Five-star international brand hotel Howard Johnson Plaza by Wyndham Blue Bay Sihanoukville has been officially opened along Independence Beach, according to PR Newswire. This is the very first time that Wyndham Hotels & Resorts, the leading provider of hotel management services with over 8,900 hotels across nearly 95 countries, opens a hotel in Cambodia. Howard […]
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Huge New Affordable Housing Project Proposal Under Review in Kampong Chhnang
A huge new affordable housing project proposed for Kompong Chhnang city is currently under review by the Ministry of Land Management, Urban Planning and Construction. The proposed 22-hectare site is located in Phsar Chhnang commune in Kampong Chhnang city and was recently inspected by the technical team led by Director of the General Department of […]
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Construction of US$2 million Kampong Speu Stadium to Start Sunday
Ground will officially be broken on construction of the US$2 million international standard stadium in Kampong Speu on 21 February under the presidency of National Assembly member for Kampong Speu province HE Hun Many. Kampong Speu Governor HE Vy Samnang said that this weekend is the groundbreaking ceremony for the actual stadium. Meanwhile, the groundbreaking […]
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Malaysian, Japanese Partnership Bag US$41million EDC Contract to Develop Phnom Penh Power Infrastructure
PESTECH Sdn Bhd partnered with a Japanese firm Furukawa Electric Co Ltd recently secured a contract from Electricite du Cambodge (EDC) to implement two power transmission projects in Phnom Penh worth over US$41 million. According to an announcement by the firm, the contract is for two major projects including the Phnom Penh City transmission and […]
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Gov’t Designates Over 3,000 Hectares of Land in Prey Veng Province as Mixed-Use Protected Area
The Cambodian government has designated over 3,000 hectares of land in 4 districts of Prey Veng province as a mixed-use protected area, according to Sub-Decree No.16 and No.17 dated 05 February 2021. Located across parts of Prey Veng City, and Svay Antor, Peam Ro and Ba Phnum districts, the area is known as Toul Taley […]
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Cambodia’s Construction Sector Investment Value US$60.8 billion since 2000
In the past two decades, the construction sector has the major backbone of Cambodia’s economic growth, with the investment value reaching over US$60.8 billion, according to Minister of Land Management, Urban Planning and Construction HE Chea Sophara. During the 2nd Public-Private Forum on Cambodia-Japan Urban Development held on 16 February, HE Chea Sophara said that […]
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