135 MW coal-fired power plant in Stung Hav to come online this December
A coal-fired power plant in Stung Hav with the capacity to produce 135 MW is scheduled to start operating this December. The power generated from the plant will play an important part in solving the current power shortage. A senior government official in charge of the power sector said that the plant is the result […]
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At least 3 die, dozens injured in collapsed pagoda in Siem Reap
A pagoda temple building under construction in Siem Reap city collapsed on Monday 2 December, injuring about 20 workers. Local authorities said that the building collapsed in Prasat Kokchak pagoda in Koukchak commune at about 2pm today. At least three people were found dead in the collapsed pagoda building, police said. The victims are workers […]
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The changing demand for residential rental units
As the number of expatriates grows in Cambodia, even though as those staying in Phnom Penh slows down
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CCA to help promote new construction law
The Cambodia Constructors Association (CCA) has voiced its support for the newly adopted construction law and will promote the law to its members and beyond. The National Assembly adopted the law on construction in October which was compiled by the Ministry of Land Management Urban Planning and Construction (MLMUPC) with inputs provided from experts at […]
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Japan to Support Smart City in Hanoi
Vietnam’s prime minister, Nguyen Xuan Phuc presided over the signing of an agreement in October between Japanese company Sumitomo and Vietnamese developer BRG Group to develop a smart city in Hanoi. The $4.2 billion “smart city” will be built on a 272ha site in Dong Anh district in northern Hanoi. The first phase will see […]
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Government official, winners of SCG contractor competition 2019 call on young people to consider skills training
Phnom Penh, Nov 28, 2019 – Expert official and award-winning local builders from the annual SCG contractor competition 2019 have encouraged young people to pursue technical and vocational training for skills currently on high demand in the job market, including in construction sector. Mr. Hing Sideth, director general of TVET general department of the ministry […]
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Thirty-five major Chinese companies interested in investing in Kampong Speu
The Kompong Speu provincial administration said on 27 November that 35 large companies from China were interested in investing in the province. Kompong Speu Provincial Governor, Vei Samnang met with the representatives of the companies who came to explore investment opportunities in the province. The governor told them about the potential of the province, especially […]
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Germany finances US$74 million for developing kingdom’s rural infrastructure
Germany has provided approximately US$74 million for the development of rural power supply projects and rural roads in Cambodia, the Ministry of Economy and Finance stated in a press release on 28 November. H.E Aun Pornmoniroth, Minister of Economy and Finance signed two agreements with German Ambassador Christian Berger. The first one is an agreement […]
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Southern Phnom Penh to become green city and high-end commercial centre
The Phnom Penh city hall master plan (2015-2035) has designated the area south of the capital to be developed into a green city and the most important high-end commercial centre in 15 years, according to a Prince Real Estate statement on their website. Phnom Penh Municipality and the city of Paris conducted a study for […]
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Grade “A” Office Space is able to command higher yield
By Dan Davies (Extract from Dan Davies unpublished Design Review) Introduction The desire and intention of many developers is to provide the leading office space in Cambodia and to be considered as GRADE A, for which they will be able to command higher yield rents by offering high quality and desirable services Classification of Grades […]
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South Korea to increase loans to support infrastructure in Cambodia
During the ASEAN-Republic of Korea Commemorative Summit on 25-25 November in Busan, H.E Prak Sokhonn, Minister of Foreign Affairs and International Cooperation, thanked South Korea for its contribution to infrastructure development by increasing financial loans from US$350 to US$700 million for 2019-2023, according to AKP. During the bilateral meeting, Cambodia and the Republic of Korea […]
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Urban Village wins award for ‘Best Condo Development’ in Asia from PropertyGuru
Urban Village by Urban Hub (Cambodia) Co.,Ltd has been the only Cambodia applicant to win one of Asia’s longest-running and most respected real estate awards, the PropertyGuru Asia Property Awards. Held at The Athenee Hotel, Bangkok in Thailand, the 14th PropertyGuru Asia Property Awards represented major winning titleholders and included the award for ‘Best Condo […]
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