Ministry Orders Gold Tower 42 to Suspend Construction
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) issued a temporary moratorium on the construction of the Gold Tower 42 on 20 November and ordered the company to fulfill the required safety conditions before construction could resume. The letter ordered Lee Sun-hum, a representative of Yon Woo (Cambodia), the owner of Gold Tower […]
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Government to adopt community-based tourism development in national policy
Community-based tourism is being adopted as integral part of the Ecotourism Policy (2019-2030), which will support the private sector, particularly tourism companies, in developing community-based tourism sites. H.E. Thong Khon, Minister of Tourism said on Tuesday, 19 November at the 1st National Ecotourism Forum, that the implementation of the National Eco-Tourism Policy will allow the […]
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US$ 200 million to build the water treatment plant in Phnom Penh
The Phnom Penh Water Supply Authority (PPWSA) and a French construction company will build a water treatment plant in Bakheng at an estimated cost of US$200 million to supply water to nearly half of Phnom Penh’s consumers, according to a statement released by VINCI Construction on Tuesday 19 November. French-based VINCI Construction Grands Projects recently […]
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The kingdom’s railway reopening – how is it progressing?
Cambodia Railway consists of two lines with a total length of 650 kilometres. The Northern Railway has a length of 386 kilometres from Phnom Penh to Poi Pet (Cambodia-Thailand border) and was constructed and functional between 1929 to 1942. The Southern Railroad was built between 1960 and 1969 and is a total length of 264 […]
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Hunan Province investors attracted by main sector potential
Cambodia has attracted investors from Hunan province, China to invest in the country’s main sectors. The Royal Government of Cambodia has encouraged the interest, particularly in the development of infrastructure to make Cambodia more competitive by being well-connected inside the country and in the region. Speaking at a Hunan Investment Promotion and Machinery Expo held […]
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Report: Demand in Cambodia increasing for construction and infrastructure advancement
As the Cambodian government focuses on infrastructure development, market opportunities are rising for companies operating in the construction and infrastructure industry to emphasise technological advancements and standardise modern methods of construction, according to the recently published OG Analysis report. Titled ‘Cambodia Construction and Infrastructure Market, Size, Share, Outlook and Growth Opportunities 2020-2026’, the report shows […]
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Phnom Penh Airport to facilitate parking for 42 aircraft by December
Phnom Penh International Airport recently announced construction of parking slots for 12 additional aircraft, on an area commonly known as Apron B at an estimated cost of US$ 8 million. The slots will be primarily used for long-term aircraft parking, and by December there will be an additional 30 for aircraft – “C”, A320 and […]
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PM aims to transform Sihanoukville to be Asian Tiger financial hub
Cambodia’s Prime Minister Samdech Techo Hun Sen on 16 November expressed his ambition to transform the coastal city of Sihanoukville into an Asian Tiger financial and economic hub. The Prime Minister announced his ambition during the groundbreaking ceremony of 34 roads in Sihanoukville which will be built to identical technical standards using a budget of […]
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US$1 billion Spent on Road Infrastructure and Energy
The Royal Government of Cambodia has spent this year roughly US$1 billion as a public investment on building infrastructure in Sihanoukville province and installing 400 MW-power plants near Phnom Penh. Speaking at the graduation ceremony at the National Institute of Education, Samdech Techo Hun Sen said that the government is capable to collect income for […]
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First oil expected in 2020
Cambodia will be extracting its first oil drop next year which will help generate huge income from the kingdom’s natural resources, Samdech Techo Hun Sen, Cambodian Prime Minister said on Monday 18 November 2019. Speaking at a graduation ceremony at the National Institute of Education, Samdech Techo Hun Sen said that income from the oil […]
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More than 1,000 building projects completed in Sihanoukville in two years
Between November 2017 to November 2019, there were 1,076 construction projects with high-rise buildings of between 5 and 45 storeys, totalling 801 projects, according to a report from the Sihanoukville provincial administration. According to the report, as of October 2019, tourism services and business buildings held residence in approximately 880 buildings, of which 345 are […]
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Government says industrial zone filled along National Road 4
The Royal Government of Cambodia has been placing industrial facilities along the National Road 4 to serve the economic need of the two main pillars of Cambodia’s economy, Phnom Penh and Sihanoukville, said Prime Minister Samdech Techo Hun Sen on 16 November. Speaking at a road ground-breaking ceremony in Sihanoukville, Samdech Techo Hun Sen reaffirmed […]
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