Frasers Hospitality expands footprint into Cambodia with launch of three properties
Frasers Hospitality, a member of Frasers Property Group, has entered the Cambodian real estate market with a plan to open its first property in Phnom Penh this year and two more by 2026. According to the firm press release, the first property is an 88-room serviced apartment named Capri by Fraser, which is set to open in October 2022. Meanwhile, the next one is the 78-room Capri by Fraser th...
Read MoreLand Ministry, JICA Host Intensive Training Course on Construction Law Implementation
The Ministry of Land Management, Urban Planning and Construction (MLMUPC), in collaboration with JICA, has organised a training program for 25 officials to strengthen the implementation of the new construction law. This training course is being conducted in two phases. The initial phase took place online from 7-14 February, while the main phase is scheduled for July to September 2022. After ...
Read MoreSingapore Mulls Investing More in Three Major Sectors in Cambodia
Singapore’s Minister for Foreign Affairs Vivian Balakrishnan has said Singapore intends to invest more in three major high-potential sectors in Cambodia including trade, cold chain, and logistics. HE Vivian Balakrishnan cited the investment plan during the official meeting with Cambodia Prime Minister Samdech Hun Sen Wednesday 6 February, while praising Cambodia for being a country with the hig...
Read MoreJapanese Experts Share Insights & Urban Development Tips with Cambodia
Japanese urban planning and development officials and experts have shared their experiences and provided recommendations for Cambodia to help enhance city planning as Cambodia is moving toward smart city development. The insight within the construction and urban planning sector was discussed at the 3rd Public-Private Forum on "Cambodia-Japan Urban Development’ held virtually on 16 February. ...
Read MoreJapan Unveils Three Tentative Types of Smart Bus Stops in PP; Study Set for Completion in March
The feasibility study for establishing smart bus shelters in Phnom Penh by the Japanese government is ongoing and set for completion in March. The progress of this study was updated during the Cambodia-Japan Meeting of Public-Private Platform for Urban Development held on 16 February. The project is under the responsibility of the Ministry of Land, Infrastructure, Transport and Tourism of Ja...
Read MoreUnderstanding Technical Requirements for Land & Property Development
According to Prakas No. 087 DNS on land development, all developers must ask permission from the competent authority before developing any land or beginning any property development project. However, besides the permit, developers also have to follow other technical requirements. Commercial land developments shall follow the following legal requirements: 1. Must allocate 25% of the total lan...
Read MoreMPWT Drafting Design for New Wastewater Treatment System in Takhmao City
The Ministry of Public Works and Transport (MPWT) together with the contracted firm has begun drafting the design of the wastewater treatment system in Takhmao city, aiming to push the project into reality soon. The discussion meeting was chaired by MPWT Under-Secretary of State and Project Coordinator HE Kem Borey on Tuesday 15 February with the participation of the DOHWA Engineering Co., Ltd,...
Read MoreSeven Japanese-Funded bridges in Prey Veng and Kratie Inaugurated
Seven bridges in Kratie and Prey Veng provinces worth US$35 million in grant aid from the Japanese government were officially inaugurated on Wednesday 16 February 2022. The inauguration ceremony was held in Kratie province under the auspices of Prime Minister Samdech Hun Sen and Ambassador of Japan to Cambodia HE Mikami Masahiro. The seven bridges are emergency bridge reconstruction projects...
Read MoreISI STEEL Sales Office Relocated to New Standardized Office Tower in Veng Sreng
ISI STEEL, the largest steel processing and distribution company in Cambodia has moved its office to a new location within the recently-completed 9-storey ISI Tower on Veng Sreng Blvd in Po Sen Chey District. The relocation is from the old one located along on Samdech Preah Monireth Blvd., Sangkat Boeung Salang, Khan Toul Kork. The shift to a more-standardized office building demonstrates th...
Read MoreAscott to Open Citadines Serviced Residence in Phnom Penh in March
Ascott Limited will launch a new serviced residence in Phnom Penh— Citadines Flatiron Phnom Penh— this upcoming March, offering a wide selection of rooms and apartments from hotel units to bedroom apartments, the firm said in a press release. The 315-unit apart’hotel is located within the Flatiron by Meridian building, a 41-storey mixed-use integrated development in Boeung Kak comprising of Gra...
Read MoreMulti-Million Dollar Samdech Techo Sports Centre to be Built in Pursat
Construction on the multi-million-dollar Samdech Techo Sports Center in Pursat province's Krakor district is set to begin this year. According to the Pursat provincial administration, the stadium project will be built on an area of 25 hectares in Veal Vong village, Sna Ansa commune, Krakor district. The sport centre is being built in response to the growth of sports in Cambodia and to serve ...
Read MoreIs Buying Off-plan Property Good Choice in Cambodia?
By Harbor Property When it comes to buying property for investment or a permanent stay, generally you will have three options: 1. Buy project with construction completed 2. Buy under-construction project and 3. Buy off-plan property. Among the above three options, buying off-plan property is the popular method for some buyers due to three main reasons. First, if you purchase off-plan prop...
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