Oddar Meanchey’s Coal-fired Power Plant 60% Complete, Online by 2021
The 265-megawatt coal-fired power plant in Oddar Meanchey province is now 60% complete and is scheduled to go online by 2021, according to Director of the Department of Mines and Energy of Oddar Meanchey Province Mr Phon Len on 11 November. Mr Phon Len told Cambodia National Radio that construction on this coal-fired power plant […]
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Incredible! Buy Steel, Win Motorbike
ISI STEEL, for the first time in Cambodia, is offering prizes to customers buying their steel products. Through their Facebook page, the well-known steel processing and distribution firm has recently posted congratulatory photos of their customers who just won brand new Honda motorbikes. To date, there have been four customers winning the prize from the […]
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Lvea Em a High Potential Real Estate Investment Spot Despite Flooding Risk
Despite the flooding risk, the geographical and climatic factors have made the land in Lvea Em becomes a high potential investment area for future profitability, especially residential development projects, according to a real estate analyst. CEO of Key Real Estate and well-known real estate analyst in Cambodia Mr Sorn Seap said, “Lvea Em is located […]
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New Shopping Street Officially Opens in Factory Phnom Penh
The Urban Village Condominium project owner inaugurated a new retail space called “Retail Street” along the 60-meter road in Factory Phnom Penh with a Spanish-themed Fiesta street party on the weekend of 07 November. Retail Street is an innovative outdoor shopping street located in between the Factory Phnom Penh and the Urban Village condominium project. […]
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Expert Reveals Three High Potential National Roads in Kampong Speu Province
Besides National Road 4, three other new national roads, including NR41, NR44, and NR51, are attracting more and more industrial investment projects and becoming the most crucial economic core of Kampong Speu province. CEO of Key Real Estate and well-known real estate analyst in Cambodia Mr Sorn Seap told Construction & Property Magazine that NR51 […]
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Government Issues Three Emergency Measures to Prevent 2nd Wave of COVID-19
The government and relevant ministries enforced three major emergency measures on 08 November, including the temporary closure of entertainment venues, the suspension of educational institutions and a ban on gatherings at the Olympic Stadium to prevent the spread of COVID-19. The closure of entertainment venues includes KTVs, entertainment clubs, cinemas and museums across the country […]
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CDC Approves 113 Projects Worth US$2.3 Billion in First Eight Months of 2020
The Council for the Development of Cambodia (CDC) approved 113 investment projects in the first eight months of this year, 22 projects less compared to the same period last year. The approved projects have a combined investment value of US$2.3 billion, a 57.1% year-on-year decrease, according to the report of Cambodia economic trends from the […]
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World’s Longest Rail and Road Tunnel Approved
The world’s longest combined rail and road tunnel project connecting northern Germany to Denmark costing US$8-billion has been recently approved, according to The Local on 03 November. The Fehmarn Belt Fixed Link is an 18-kilometre submarine link between the two countries constructed under an investment of US$8 billion, funded by Denmark and the European Union. […]
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Cambodia’s Construction Investment in First 8 Months of 2020 Decreased by 15%
The total estimated investment capital of construction projects approved by the government in the first eight months of 2020 was approximately US$5 billion, down by 15.1% compared to the same period in 2019, according to a report of the Ministry of Economy and Finance. The report also stated that though the investment decreased, the number […]
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How the Hospitality Industry Recovered with the Participations of Domestic Travellers
By Eric Wong Chon Lap Cambodia is a country with full of festivals, holidays and celebrations. After months of staying home following the COVID-19 outbreak, domestic demand for travel has exploded which can be seen with the recent Pchum Ben holiday where the easing of restrictions became the first sign of recovery for Cambodia’s hospitality […]
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Singapore Launches Track & Trace for Construction Workers
In an effort to halt the spread of COVID-19 among the mostly foreign construction workforce in the country, Singapore started distributed 450,000 contact-tracing tags on 18 October to all construction, shipyard and process industry workers. The workers wear the water-resistant tag on their wrist so any worker who comes into close contact with them can […]
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Groundbreaking on 38-Road Renovation Project in Siem Reap City Delayed
The groundbreaking ceremony of the 38-road construction in Siem Reap, which was previously scheduled to be held in mid-November, has been delayed due to revised COVID-19 restrictions. The delay is mainly due to the fact that PM Hun Sen started his self-quarantine after being in contact with the Hungarian foreign minister who tested positive for […]
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