Angkor Resources Corp’s Gold-in-Soil Tests Show Positive Result
Canadian firm Angkor Resources Corp (ANK)’s recent test has shown a positive result of gold-in-soil anomalies in the Andong Meas licensed area of Cambodia. The firm also cited that it has already started the surface mapping progress for the 2021 work program. According to the firm, the positive result is another big step demonstrating that […]
Read MoreGov’t Inks Deal on Stung Tatai Leu Hydropower Dam and 500-kilowatt High-Voltage Transmission Line
The Ministry of Mines and Energy has recently inked a deal allowing two private firms to invest over US$830 million in building a 150-megawatt hydropower dam and two high-voltage transmission lines. The agreement was signed by the Minister of Mines and Energy HE Suy Sem and representatives of the two investment firms on 08 December. […]
Read MoreNR3 renovation project 83% complete
By the end of November, the National Road 3 renovation project from Chom Chao roundabout to Kampot city is 83% complete, according to a report from the Ministry of Public Works and Transport (MPTW) on 10 December. National Road 3 (Phnom Penh – Kampot) has a total length of over 134 km. From Chaom Chao […]
Read MoreCambodia Grabs Two Regional Wins from PropertyGuru Asia Property Awards 2020
Outstanding companies jubilate online as they best peers across the region for highly coveted titles from the long-running awards programme Eighty-seven companies compete for 35 sought-after regional titles, including new regional Developer awards Cambodia grabs two regional wins Singapore score nine regional wins including Best Developer (Asia) while those from Indonesia clinch eight regional honours […]
Read MoreConstruction of Four Major Chip Mong Malls Continues Smoothly
The construction of four major malls by Chip Mong Retail continues smoothly without delay and will finish as scheduled by 2021 and 2022 respectively, despite the COVID-19 pandemic. Chip Mong Retail President Arnaud Dufresne told Construction & Property Magazine that besides the current two malls, there are four more projects in the pipeline that are […]
Read MoreAuthorities Accelerate Impact Resettlement for Battambang Airport Renovation
The local authorities and relevant officials have been speeding up works on compensation to affected people whose lands are located nearby the abandoned Battambang airport that will soon be reopened. SSCA spokesman Mr Sin Chansereyvutha said that on 09 December the development of main facilities in the airport had not been made. At this stage, […]
Read MoreGround Broken on US$22-million Wastewater Treatment Plant in Battambang
Construction of a US$21.7-million wastewater treatment in Battambang, funded by the Asian Development Bank (ADB), has begun. The groundbreaking ceremony took place on 07 December under the presence of Battambang City Chief Pheng Sethy. Located in Norea commune, Sangke district, south of Battambang city, this project is the second phase of the ADB funded initiative. […]
Read MoreAdvertorial: More Prizes Given Away through ISI ‘Win & Scratch Program’
Many more prizes have been given away nationwide through the ‘Win & Scratch Program’ by ISI. Ten more winners have recently won motorbikes, including those from Mondulkiri, Kampong Cham, Tbong Khmum, Svay Rieng, Takeo, Kandal, and Siem Reap. To become the lucky winners of motorbikes and over 600 other prizes every month, just buy more […]
Read MoreConstruction of Cambodia’s First Oil Refinery Plant Temporarily Paused
Construction on the first-ever oil refinery plant in Cambodia, expected to be complete by 2022, has been temporarily paused due to the developers’ financial shortage. According to the initial plan, the project, which broke ground since 2017, should have already gone online since early 2019. Although completion was once postponed to 2022, and now construction […]
Read MoreGov’t Officially Approves US$1.1 billion 700-megawatt Coal-fired Power Plant in Koh Kong
The Cambodian government through The Council for the Development of Cambodia this morning (8 December) officially allowed Royal Group’s subsidiary Botum Sakor Energy Co., Ltd to proceed with the US$1.1 billion 700-megawatt coal-fired power plant in Koh Kong province. Located in Thmor Sor and Chamlang Kou village, Khum Thma Sa, Botum Sakor district, this massive […]
Read MoreCCA Chairman Donates US$3 million for COVID-19 Vaccines
Neak Oknha Pung Kheav Se, Chairman of the Cambodia Constructors Association (CCA), the Board of Canadia Group and OCIC, has donated US$3 million to the Cambodian government to purchase COVID-19 vaccines. This is not the first time that the CCA or Neak Oknha Pung Kheav Se, in particular, has contributed to the country. During the […]
Read MoreMajor Real Estate Firms Donate Over US$16 million for COVID-19 Vaccine
By 08 December, six major local real estate companies have donated a total of US$16 million to the government to purchase COVID-19 vaccines. Those firms include Prince Real Estate Group, Pheng Hout Group, Chip Mong Group, Royal Group, and Borey Piphop Tmey, who donated US$3 million each. Meanwhile, Leng Navatra also donated US$1 million. According […]
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