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ខ្មែរ 
Several Streets in Tuol Kork Area Closed Temporarily for Flood Protection System Construction
- 18 March 2021
The Department of Public Works and Transport of Phnom Penh has announced the closure of some sections along Street 608, Street 315, and Street 598 for 29 days from March 18 to April 15, 2021. The road closures are due to the construction of the new flood protection and sewage system, where the team is currently installing drainage pipes along Street 608. The drainage system will be later connec...
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Singaporean Firm Partners with WorldBridge Group to Set Up Central LPG Station in Cambodia
- 17 March 2021
Singaporean firm Gas Union Gas Holdings has partnered with Cambodia Worldbridge Industrial Development (WBID) to form a joint venture to set up a central liquefied petroleum gas (LPG) source in Cambodia. The signing ceremony took place on 10 March. Meanwhile, official business activities and supply operations are scheduled to begin at the end of 2021. According to the agreement, both firms a...
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Private Firm Mulls Establishing New Cement Factory in Kampong Speu
- 17 March 2021
A private firm is conducting a feasibility study to build a new cement factory in Kampong Speu province. If built, the factory will be the first one in Kampong Speu and the sixth one nationwide. Kampong Speu Governor Vei Samnang said yesterday that the project is proposed in response to increasing the demand construction sector. “Given the availability of the natural resources in the provinc...
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Gov’t Taking Action Against Coastal Land Encroachers in Koh Kong and Sihanoukville
- 17 March 2021
The Sihanoukville and Koh Kong provincial administrations have been taking serious actions to put an end to state land encroachment activities, following the recent unauthorised sea and canal reclamation. According to the Sihanoukville Provincial Administration’s a warning letter was issued on 15 March, for the spot where the encroacher/s filled up the sea located in front of the Cambodia Tela ...
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Repair Works on Flood-Damaged NR5 Section in Russey Keo Completed by End Month
- 17 March 2021
The repair project on the NR5 section in Russey Keo district which was damaged by floods last year has reached the final pavement procedure and is scheduled to be completed on 25 March, according to the Phnom Penh Municipality. The damaged section starts from the area in front of the SKD factory to the fishery distribution centre around Kilometre No 9, which is being paved with two-layer 9cm as...
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Gov’t to Seize Back Over 260 Hectares of Illegally Owned Forest Land in Kampong Speu Province
- 17 March 2021
The Kampong Speu provincial administration has officially decided to seize back over 260 hectares of illegally owned forest land in Aoral District as a state asset, according to the Kampong Speu Governor Vei Samnang. Governor Samnang said yesterday that the total area of land to seize back is 266 hectares and 9 plots. Those plots are located in Choam village, Khphe village, Ta Sal village, O'An...
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Is 2021 Still Opportunity to Buy Low-Priced Properties?
- 16 March 2021
Many experts have said that last year was a good time to invest in real estate as many properties have been sold below the market price due to the pandemic. However, the pandemic has continued into 2021, and the situation has currently deteriorated given the recent surge of community outbreak. Some analysts have estimated the market will probably stay stagnant until the third quarter of 2021 or...
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20 Investment Projects Proposed for Kampong Speu Province
- 16 March 2021
At least twenty new investment projects, mostly clothes and footwear factories, have been proposed to be built in Kampong Speu province in 2021, according to Kampong Speu Provincial Governor Vei Samnang. Governor Samnang told Construction & Property Magazine today that the investors are currently proceeding with their plans, but some of which are being disrupted by the ongoing COVID-19 pand...
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Provincial Administration Nationwide Speeding Up Construction of Cremation Sites for COVID-19 Fatalities
- 16 March 2021
The provincial administrations of each province nationwide are building crematoriums within their own provinces to be ready in case COVID-19 fatalities occurs, as the number of cases associated with the February 20 community incident is surging. To date, according to information gathered by Construction & Property Magazine, those provinces that have already started the construction include ...
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Siem Reap 38-Road Renovation Project 30% Complete Despite Surge in Community Outbreak
- 16 March 2021
Amid the recent surge in COVID-19 community transmission, construction on the 38-road renovation project in Siem Reap is still proceeding smoothly and will be completed as scheduled by early 2022, according to Siem Reap city governor Nuon Putheara. Mr Nuon Putheara said on 15 March that the project is around 30% complete so far. Meanwhile, the current ongoing works include paving, upgrading the...
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COVID-19 Crisis Proves Strongest Developers, Says Analyst
- 16 March 2021
As of the beginning of 2021, the real estate market in Cambodia remains under pressure from the COVID-19 crisis, especially given the recent surge in community transmissions. Real estate analysts, on the other hand, view this long-period pressure as a reflection of which project developers have the strongest position in the market. Managing Director of CBRE Cambodia Ann Sothida said that during...
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Real Estate Experts Share Key Investment Methods for Low and Middle-Income Earners
- 15 March 2021
Real estate experts have urged low and middle-income earners to get more involved in the real estate market, claiming investing in real estate is not complicated as it sounds. Vice President of Cambodia Valuers and Estate Agents Association (CVEA) Man Chandy said investing in real estate does not always require huge capital. Even with an average income of US$500 per month, one can also invest i...
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