Gov’t to Restore Boeung Trabek Reservoir Infrastructure to Prevent Land Encroachment and Flood
The Cambodian government has designated over 14 hectares of Boeung Trabek reservoir as state land and will construct a wall and undertake a complete dredging to prevent future flooding and land encroachment, according to Sub Decree issued on 30 December 2020 and a letter issued 24 December 2020. The wall will be built as a […]
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ISI Steel Officially Launches Three New Innovative Products
To celebrate the year of 2021, ISI STEEL has recently launched three new innovative products at the same time, including ISI PALM Cool Tile, PALM TRUSS roofing, and ISI Debar. ISI PALM Cool Tile is a special product in home cooling, coated with high-quality heat-reducing foam and manufactured with Japanese and Australian technology, ISO 9001: […]
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Chinese-funded Morodok Techo Stadium 90% Complete
Construction of the US$160-million Chinese-funded Morodok Techo Stadium is now 90% complete and is expected to be finished in May this year. Mr Va Heng Davuth, Vice President of the 32nd SEA Games Committee told National Radio that the process has been going smoothly lately. “The main structure is already 100% completed. The remaining works […]
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Gov’t Temporarily Opens Two More Underpasses at Chom Chao
The government has temporarily opened traffic at two more underpasses at the Chom Chao roundabout construction area to help ease traffic. The announcement was made by Prime Minister Samdech Hun Sen during the official opening ceremony of the Ministry of Public Works and Transport Headquarters on 22 January. (Read more) “In October, I opened one […]
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PM Hun Sen to Inaugurate New Land Ministry Headquarters in April
The new headquarters of the Ministry of Land Management, Urban Planning, and Construction in Sen Sok district will be officially opened under the presidency of Samdech Prime Minister Hun Sen on 04 April. The new office building is located in Anlong Kngan village of Sangkat Khmuonh, north of the Grand Phnom Penh Gate, which is […]
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Chip Mong Land to Transform 120 hectares in Chroy Changva into Huge Residential Project
Chip Mong Land has officially launched its huge Parkland 6A residential project in Chroy Changva with a massive discount of up to 8%, and no-interest instalments for up to 18 months. Park Lane 6A is a luxurious residential development project spreading over 120 hectares along National Road 6A. Surrounded by two major rivers, the Tonle […]
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New MPWT Headquarters and Techo Sen Institute Officially Inaugurated
Prime Minister Samdech Hun Sen officially inaugurated the new Ministry of Public Works and Transport (MPWT) headquarters and Techo Sen Institute of Public Works and Transport on the morning of 22 January. Both buildings are located on Street 598 (St. HE Chea Sophara), Sangkat Chrang Chamres 2, Khan Russey Keo, Phnom Penh. The new location […]
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International Buyers See Value in Trend of Increasing Value of U.S. Homes
According to the latest figures, despite the worldwide COVID-19 pandemic, U.S. residential real estate prices continue the upward trajectory that has made America one of the top destinations for international home buyers. In fact, home values in the U.S. have steadily increased since the early 1980s, recording more than 300% growth over the past 40 […]
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Private firm mulls building an agro-industrial special economic zone in Kampong Speu
Khmer Holding Group is planning to build an agro-industrial special economic zone in Kampong Spue to serve as an agricultural products processing factory, storage, and assembling facility. During a meeting with the Ministry of Agriculture, Forestry and Fisheries (MAFF) on 20 January, the firm representative said that the beside this SEZ, his firm is also […]
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Govt’ Mull Organizing New Street Food Zone in Sihanoukville
The Sihanouk provincial hall is planning to set up a new standardized street food zone in the province, of which the old theatre garden in Sangkat 2 might be chosen to be the spot. Speaking at the meeting on January 20, 2021, Sihanoukville Governor HE Kuoch Chamroeun said that this standardized street food service will […]
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NBC: Bank Credit Reaches US$37.3 billion in 2020; Over 30% Allocated to Construction & Property Sectors
Customer credit at banks in Cambodia reached US$37.3 billion in 2020, a 14.8% increase; and over 30% of which was allocated to the construction and property sectors, according to a recent National Bank of Cambodia report. The same report also added that bank credit given to the construction sector was 9.2%, property 8.5%, and mortgages […]
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900-year-old Bridge in Siem Reap Under Renovation
The Ta Ong Bridge, a nearly 900-year-old ancient bridge in Siem Reap’s Chi Kreng district, is now under renovation, and according to the Apsara Authority, construction is scheduled to be complete by June this year. Head of the Ta Ong Bridge Rehabilitation Project Puth Soth, said that the bridge is 70 metres long, and 13 […]
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