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ខ្មែរ 
Pavement Works Officially Begin for Phnom Penh-Sihanoukville Expressway
- 10 May 2021
The construction of the US$2-billion Phnom Penh-Sihanoukville Expressway has taken another step forward, as the pavement work is already underway, according to the Facebook page of the Phnom Penh-Sihanoukville Expressway on 10 May. The same source said that the road is being paved with durable asphalt concrete or known as ATB-25, and the actual pavement has begun after the engineers completed t...
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‘Cloud Kitchen’ a Future Trend & New Business Opportunity for Cambodia, say Experts
- 10 May 2021
Real estate experts have forecast that the ‘Cloud Kitchen’ business model will become a future trend and potential investment opportunity in Cambodia, especially given recent lockdowns and the surge in COVID community outbreaks. The topic was discussed at a joint online conference between Pointer CEO Nguon Chhayleang and International Property Advisor (Singapore) Ku Swee Yong last weekend. C...
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Redesigning Retail Space to Ease Delivery Service Key to Catching Up with Online Shopping Trend
- 10 May 2021
The retail sector in Cambodia should consider redesigning its space and business model to catch up with the recent boom in online shopping and delivery services, say property experts. According to the CEO of International Property Advisor (Singapore) Ku Swee Yong in a webinar organised by Pointer on Saturday, the necessity to go to shopping malls or retail space has dropped drastically given th...
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Mondulkiri Landowners Instructed to Build Fence or Path Around Lands to Prevent Encroachment
- 10 May 2021
Mondolkiri Provincial Governor Svay Sam Eang has instructed all concessional landowners or companies to build paths or fences around their investment lands to prevent illegal encroachment and unexpected disputes. HE Sam Eang made the statement during a site inspection of the Pacific York Stock Company Limited encroachment case on 9 May. “Marking borders in form of path or fence is very essen...
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Ring Road 3 Construction 50% Complete, Says MPTW Spokesman
- 10 May 2021
The construction of Ring Road 3 is proceeding smoothly despite the ongoing lockdown and COVID community outbreak. To date, progress is about 50% complete, according to the Ministry of Public Works and Transport (MPWT) spokesman Sotheayuth Heang on 09 May. If there are no further changes in plan or unexpected events, the completion is scheduled for 5 September 2022, he added. The ring road ha...
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Australian firm mulls building ‘solar trees marketplace’ in Shanghai
- 8 May 2021
Australian firm Koichi Takada Architects has designed a “solar trees marketplace” in Minhang district, 20km southwest of Shanghai, reported GCR. The project has a total area of 3,450 sqm, comprising of 32 towers. All towers are designed based on a set of organically curved podiums that will allow stalls to be located on three levels. Each tree tower will be built with timber branches and lea...
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Germany Provides US$63m Grant to Cambodia for Economic Development
- 7 May 2021
The German government has promised to provide approximately a US$63 million gran for Cambodia to support the country’s economic development from 2021 to 2022 after two days of negotiation between the two nations on 4 – 5 May. Of the total, approximately US$31 million will be used for financial cooperation while the rest will go to the technical cooperation. In March, the German government al...
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Two New Factories Worth Over US$5 million Approved for Battambang and Kampong Speu
- 7 May 2021
The Council for the Development of Cambodia (CDC) has officially approved private firms to invest in building two factories worth a total budget of approximately US$4.7 million in Battambang and Kampong Speu provinces. The first investment permit has been granted to Green Power Biochemical Co., Ltd to invest US$2.3 million in building a biochemical factory in Traeng commune, Rotanak Mondol dist...
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Four Major Infrastructure Improvement Projects Set for Pursat Province
- 7 May 2021
Pursat authorities are currently working on four major infrastructure improvements around the Tonle Sap Lake, including building a new drainage system, wastewater treatment plant, landfill, and flood prevention system. Deputy Director of the Provincial Department of Public Works and Transport Mr Si Vuth said during the site inspection on 6 May that the four projects have been running smoothly d...
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Golden Gate Global Offers Boutique Concierge Service for International Buyers
- 7 May 2021
Buying New Homes is Made Easy for International Buyers Golden Gate Global and Isaford Co. Ltd are proud to offer Cambodian real estate investors a high-touch concierge home purchase service, providing exclusive access to new Lennar homes in more than 1,300 communities across the United States. Purchasing a Lennar home can be completed remotely or in person, and the entire process is highly s...
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AMRO: Faster Vaccination and Continued Fiscal Stimulus Keys to Economic Recovery
- 6 May 2021
The ASEAN+3 Macroeconomic Research Office (AMRO) has recommended Cambodia speed up vaccinations and continue providing more targeted and flexible policy measures to achieve economic growth in the upcoming years. This suggestion came after the preliminary assessment by AMRO during its virtual Annual Consultation with the Cambodian authorities from 19 April to 4 May 2021. AMRO forecast that th...
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Siem Reap Administration Issues New Guidelines to Enhance 38-Road Construction Quality
- 6 May 2021
The Siem Reap Provincial Administration has issued four new guidelines to local authorities and construction teams to implement in order to improve the quality of the 38-road project. According to the site inspection on 4 May, Deputy Governor Ngan Phirun said that these guidelines have been set to increase the cooperation between the local authorities and construction teams, which include: 1...
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