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ខ្មែរ 
HLH Group Successfully Sells US$12-million Hotel in Sihanoukville
- 22 November 2021
Hong Lai Huat (HLH) Group’s subsidiary PH One Development has successfully sold its US$12-million D’Seaview hotel project in Sihanoukville. The sale was completed on 17 November with ownership titles already transferred, according to HLH Cambodia Public Relation Manager Kuoch Lengkheang. HLH Group announced the sale of its 98-key hotel in its D’Seaview project in Sihanoukville for approximat...
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Four Private Firms Join Hands with Local Authorities to Boost SHV Development
- 22 November 2021
Four private companies have entered a partnership with the Sihanoukville Provincial Administration to attract more investors and boost development within the province. The MoU on attracting investment to contribute to the development of SHV was signed by the representatives of the five parties on Wednesday 17 November. According to the provincial administration’s press release, the four comp...
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Ground Broken on Second Building of Krouch Chhmar Referral Hospital
- 22 November 2021
Construction of the second building of Krouch Chhmar Referral Hospital in Tbong Khnum province has officially begun, while the first building is over 90% complete. The ground-breaking ceremony was held on Monday 22 November in the presence of the Minister of Land Management, Urban Planning and Construction HE Chea Sophara along with other relevant officials. The second building is 18 metres ...
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Ministry of Interior Orders Relevant Authorities to Solve Land Disputes Transparently
- 22 November 2021
The Ministry of Interior has requested relevant authorities to address all types of land disputes nationwide in a transparent and effective manner, especially for local and indigenous peoples. The ministry gave the order during the 14th National Conference on Land and Natural Resources Governance with 53 partnered NGO partners on Tuesday 17 November. Secretary of State of the Ministry of Int...
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ADB Provides US$180-million Loan for Infrastructure Development in Three Cambodian Cities
- 22 November 2021
The Asian Development Bank (ADB) has approved a US$180-million loan to help three cities in Cambodia improve urban infrastructure and boost economic competitiveness. The Livable Cities Investment Project will help more than 140,000 residents in Bavet, Kampot, and Poipet access better wastewater and solid waste management services, according to a press release issued on 19 November. The proje...
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Resort-Style Lennar Masterplan Community in Homestead, Florida
- 20 November 2021
Golden Gate Global works closely with Lennar to offer real estate investors exclusive opportunities for U.S. home purchases through Lennar’s extensive inventory of residential communities in 21 states of the USA. Demand for U.S. real estate among Asian investors has steadily increased in recent years. Cambodian investors can now buy homes in the Lennar community of Pine Vista in Homestead, Flor...
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Which Locations Better for Borey and Condo Development in Phnom Penh?
- 19 November 2021
Thanks to the rapid real estate development in Phnom Penh, every location in the capital has attracted a huge investment from local and international investors who are willing to build projects such as factories, markets, schools, and especially Boreys & condos. This trend has pushed land prices inside and outside Phnom Penh to significantly increase in value, especially for the locations a...
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Importance of air purifier and ventilation in building construction
- 18 November 2021
During the COVID-19 pandemic era, air purifiers and ventilation systems have become essential in both commercial buildings and residential units. If a closed building does not have adequate airflow and a proper air purification system, the risk of getting infected is higher, if someone in the building is positive. The smart ventilation system includes the installation of exhaust fans that can s...
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Cambodia issues new regulations strengthening control over steam power plants
- 17 November 2021
The Ministry of Mines and Energy (MME) has issued a new Prakas to regulate steam power operations, requiring all businesses related to this sector to request a permit prior to operation. According to Prakas No. 0305 dated 4 November 2021, any companies willing to develop, build, install, and operate steam power, both direct and indirect usages, must first apply for a permit from MME. Compani...
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Real Estate Crisis Could Drag China’s Economic Growth Down to Lowest Level Since 1990s
- 17 November 2021
Experts have projected that China’s economy could slow down to the lowest level seen since way back in the 1990s, mainly due to its new policies to reduce dependence on the property sector. Beijing’s pressures on the real estate sector such as increasing tax, restricting mortgage, among other policies, could cut their growth forecasts in 2022 to below 5%, as the real estate sector contributes a...
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Chinese Firm Mulls Investing US$2bn to Establish LNG Plants in Cambodia
- 17 November 2021
A Chinese firm, in cooperation with local company LSCG Real Estate, has unveiled plans to invest over US$2 billion establishing LNG production plants and special economic zones in Sihanoukville, Koh Kong, Kep and Kampot. According to LSCG CEO Ly Sok Chhay, he and his team have already met with the four provincial governors to discuss the project plans, citing the project has thus far been recei...
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Authorities Mull Building New Clean Water Treatment Plant in West Phnom Penh
- 17 November 2021
Phnom Penh Governor HE Khuong Sreng has requested the Phnom Penh Water Supply Authority (PPWSA) to build a new clean water treatment plant on Prek Tnaot River, west of Phnom Penh, to increase clean water supply three districts on the outskirts of Phnom Penh’s that currently lack of clean water usage. HE Khuong Sreng unveiled the proposal during a meeting with PPWSA Director General HE Long Naro...
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