Bridge Construction Crossing Bassac River Planned
Phnom Penh Municipal has planned to build a bridge crossing Bassac River linking Prek Bra district and Chak Angre district. According to the announcement dated on December 13, Khoung Sreng, Governor of Phnom Penh, established a working group to conduct a study on building the bridge crossing the Bassac River. The working group is led […]
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Chinese Firm Seeks Investment Opportunity on Construction Materials Research Center
Sinosteel New Material Co Ltd, a Chinese firm expert with magnetic material engineering research centre from Henan province, China has raised its investment plan building construction materials research centre in Cambodia, as the country’s construction sector is booming. Mao Haibo, director of Sinosteel New Material, raised up the investment plan in a meeting held on […]
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Malaysia Firm Asked to Invest in Cambodia’s Maga Infrastructure Project
Ministry of Public Works and Transport has asked Malaysia firm to consider of its investment plan on infrastructure sector, which Cambodian government considers it as one of priority sectors for driving economic growth. H.E. Sun Chanthol, Senior Minister and Minister of Public Works and Transport, raised the mega infrastructure projects in a meeting held on […]
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US$13 Million-Water Treatment Plant in Siem Reap Province Opens
Water treatment Plant which is capacity to supply clean water to 15,000 cubic meter per e was put into operation to supply water to residents in Siem Reap city. The inauguration ceremony of the Toek Vill Water Treatment Plant of Siem Reap Water Supply Authority was held on December 10 in the present of H.E. […]
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Chinese Companies Seeks Investment Opportunity in Tile and Brick Materials
China Brick and Tile Industry Association said some Chinese companies plan to invest in Cambodia to produce tile and brick for construction as this sector is booming. Association president Xu Yanming raised the investment plan in a meeting with H.E. Cham Prasidh, Senior Minister and Minister of Industry and Handicraft on December 13. According to […]
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Construction of US$2million stadium in Kampong Speu begins
Construction of the US$2 international standard stadium in Kampong Speu province has been following a grand opening ceremony presided over by H.E Hun Many, President of the Union of Youth Federations of Cambodia and a National Assembly member for Kampong Speu province. The international standard stadium is funded by Naga World with construction set to […]
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New roads along rail track sideways to link to US$2 billion express way
Phnom Penh Municipal Hall and the Ministry of Public Works and Transport is studying the feasibility to construct two new roads along the sideways of the rail track which will connect to the US$2 billion expressway, said the press release. According to Phnom Penh Municipal Hall’s press release, the project is under a studying stage […]
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Chinese enterprises in the construction saw a surge at the CCA 2019 expo
Cambodia’s largest annual construction exhibition for 2019 saw a sharp increase in Chinese enterprises in the construction industry showcasing their products, thanks to the strong cooperation between Cambodia and China. Held from December 5-7 at the Diamond Island Convention and Exhibition Center, the exhibition, which organized by the Cambodian Constructors Association (CCA), had showcased more […]
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10-year master plan to transform Kep into a ‘relaxation and high-end tourist destination’
The Ministry of Tourism is currently drafting a 10-year master plan that will transform the coastal province of Kep into a ‘relaxation and high-end tourist destination’. The Kep provincial administration organised a meeting on 11 December to discuss the strategy for the tourism master plan for Kep to become a relaxation and high-end tourist destination’ […]
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PM supports smart LED lampposts by Japanese firm for Sihanoukville
Prime Minister Samdech Techo Hun Sen has expressed his support for a Japanese firm to install smart LED lampposts in Sihanoukville province after the firm installed them in Phnom Penh and Siem Reap, according to the Prime Minister Facebook post. The pledge came during a meeting between Samdech Techo Hun Sen and Yoshihisa Kainuma, director […]
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Property prices stagnate in the Philippines
The Philippines central bank Residential Real Estate Price Index (RREPI) for Q2 2019 showed that house prices grew by only 0.4% year-on-year which represents and downgrade on the forecast of 3.7%. Despite all other housing types seeing prices decreases, including 7.9% for duplexes, condominium unit prices remained relatively robust rising 4.5 per cent between the […]
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OCIC to develop airport economy zone 10 times bigger than Koh Pich
Cambodia’s leading real estate developer Overseas Cambodia Investment Company (OCIC) will develop an airport economy zone in Kandal ten times bigger than Koh Pich, according to the company’s Chairman Neak Oknha Pung Kheav Se. Neak Oknha Pung Keav Se made the announcement on the sidelines of the Cambodia Construction Industry held at the Koh Pich […]
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