Solar panels on residential buildings linked to national grid in spotlight
The Ministry of Mines and Energy will work on a regulation for allowing solar panels installed on roofs on residential buildings, apartments, and condos to sell the remaining power after usage to the national grid. The remarks were made amid the increase in residential buildings, apartments and condos in Phnom Penh and in the provinces. […]
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OCIC to open the second phase of Olympia Mall in 2020
Overseas Cambodian Investment Corporation (OCIC), Cambodia’s leading developer is set to open the second phase of its Olympia Mall project in 2020. OCIC is renowned for its infrastructure projects and Olympia Mall opened its first phase on 22 June 2019. Construction & Property Magazine reporter Ms Khat Leakhena sat down with Mr Sao Monasy, leasing […]
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Research: Water management failure forced Khmer king to move from Koh Ker to Angkor
Researchers have found that water management failure in the ancient Cambodian capital of Koh Ker around the 10th century caused the Khmer king to relocate the capital from northern Cambodia, according to a report by eurekalert. The findings came as researchers led by Dr Ian Moffat from Flinders University in Australia used ground penetrating radar […]
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First wind energy project in Cambodia unveiled
Renewable energy company Blue Circle from France has unveiled its plan to invest in wind energy in Cambodia. According to the Ministry of Mines and Energy, Blue Circle’s plan is to build at least 10 wind turbines with a capacity of 80 MW on the top of Bokor Mountain in Kampot province. Victor Jona, Director […]
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Instant noodle manufacturing factory inaugurated
An instant noodle manufacturing factory equipped with technology from Japan was inaugurated on Saturday 02 November in Phnom Penh and hopes Cambodians will support it by wanting to promote locally-produced products. Invested by One More Manufacturing Co Ltd, the instant noodle factory producing Mee Chiet noodles is located in Kok Rokar commune, Pur Senchey district. […]
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How will QR code payment systems help the retail industry in Cambodia?
With the rapid increase in retail supply and space, there will soon be a QR code-based payment system to Cambodia. By 2024, shopping mall space will increase to 496,857 square metres, retail podium will reach 143,956 square metres, and community mall space will also extend to approximately 100,000 square metres, according to a recent CBRE […]
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Chinese Premier Li Keqiang pledges to support development of Sihanoukville
Chinese Premier H.E Li Keqiang has pledged to support the development of Sihanoukville amid massive development made by Chinese investors. The commitment was made at a meeting between Samdech Techo Hun Sen, Prime Minister of Cambodia and H.E Li Keqiang on the sidelines of the 35th ASEAN Summit held in Bangkok. According to a Facebook […]
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Japanese-backed sewerage system development project to begin construction in 2020
The first sewerage system development project in Phnom Penh backed by the Japanese government is set to begin construction in late 2020 following the grant agreement signing on 01 November. The US$27 million project is funded by the government of Japan, through the Japan International Cooperation Agency (JICA), and which will see construction of a […]
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Malaysia reduces minimum property ceiling for foreigners
The Malaysian government has significantly reduced the minimum property purchasing amount for foreign buyers from US$238, 581 to US$143,149 in a move which has brought support in some quarters and opposition from others. While the country’s biggest property developer group, the Real Estate and Housing Developers’ Association (REHDA), applauded the move saying it will help […]
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Ministry of Mines prepares bidding for waste-to-energy project
The Ministry of Mines and Energy is preparing the documents for the bidding for a waste-to-energy project which will address the increasingly waste management and increase electricity supply in Cambodia, according to the ministry spokesman. Speaking with Construction and Property Magazine by phone, H.E Victor Jona, spokesman for the Ministry of Mines and Energy confirmed […]
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ADB pledges $89 million for water supply and sanitation services and financial sector
Two agreements worth $89 million were signed on 03 October by the Asian Development Bank (ADB) and Cambodia’s Ministry of Economy and Finance to improve access to water supply and sanitation services in rural areas, and to enhance the country’s financial sector. The agreements were signed by ADB Country Director for Cambodia Ms. Sunniya Durrani-Jamal […]
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Five major infrastructure projects in SEA win Bentley Systems’ Year in Infrastructure 2019 Awards Program
Five major infrastructure projects in Singapore, Malaysia and Indonesia have won the Bentley Systems’ Year in Infrastructure 2019 Awards Program which was awarded during the annual awards program held from 21 October through 24 in Singapore at the Marina Bay Sands Expo and Convention Centre. The awards were handed to SEA winners after project executors […]
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