Construction of US$2 million Kampong Speu Stadium to Start Sunday
Ground will officially be broken on construction of the US$2 million international standard stadium in Kampong Speu on 21 February under the presidency of National Assembly member for Kampong Speu province HE Hun Many. Kampong Speu Governor HE Vy Samnang said that this weekend is the groundbreaking ceremony for the actual stadium. Meanwhile, the groundbreaking in 2019 was just for the entrance ...
Read MoreMalaysian, Japanese Partnership Bag US$41million EDC Contract to Develop Phnom Penh Power Infrastructure
PESTECH Sdn Bhd partnered with a Japanese firm Furukawa Electric Co Ltd recently secured a contract from Electricite du Cambodge (EDC) to implement two power transmission projects in Phnom Penh worth over US$41 million. According to an announcement by the firm, the contract is for two major projects including the Phnom Penh City transmission and distribution system expansion project phase 2 (I)...
Read MoreGov’t Designates Over 3,000 Hectares of Land in Prey Veng Province as Mixed-Use Protected Area
The Cambodian government has designated over 3,000 hectares of land in 4 districts of Prey Veng province as a mixed-use protected area, according to Sub-Decree No.16 and No.17 dated 05 February 2021. Located across parts of Prey Veng City, and Svay Antor, Peam Ro and Ba Phnum districts, the area is known as Toul Taley Beoung Sne and will be divided into two main areas. The core area covers 86 h...
Read MoreCambodia’s Construction Sector Investment Value US$60.8 billion since 2000
In the past two decades, the construction sector has the major backbone of Cambodia's economic growth, with the investment value reaching over US$60.8 billion, according to Minister of Land Management, Urban Planning and Construction HE Chea Sophara. During the 2nd Public-Private Forum on Cambodia-Japan Urban Development held on 16 February, HE Chea Sophara said that investment in the construct...
Read MoreUS$100 million 11-Road Renovation Project in SHV 31% Complete
The US$100 million 11-road renovation project in Sihanoukville is now 31% complete, according to the Ministry of Public Works and Transport on 16 February. HE Sun Chanthol said during the 2020 Work Progress Conference that the 11-road project is now 31.15% complete. Meanwhile, the restoration of five natural canals with a total length of 27.5 km is also 96.62% complete. This 11-road project ...
Read MoreLand Minister Unveils Cambodia-Japan Joint Achievements in Construction Sector
The Minister of Land Management, Urban Planning and Construction HE Chea Sophara has revealed that that the Japanese government has been assisting Cambodia in many major projects within the construction and urban planning sectors. Speaking at the Cambodia-Japan Urban Development Conference on 16 February, HE Chea Sophara expressed sincere thanks to Japan for the very close cooperation, and summ...
Read MoreCBRE Cambodia Hosts Annual Flagship Event Fearless Forecast 2021
CBRE Cambodia held their annual flagship event Fearless Forecast 2021 on the morning of 17 February at the new Hyatt Regency Hotel in Phnom Penh with an approximate 200 people attending. Managing Director of CBRE Cambodia James Hodge said, “Many sectors are facing a period of limited demand and increasing supply which will continue to pressure rents and prices over the medium term. COVID-relate...
Read MoreGov’t Requests Japan to Help Establish Construction Lab, Develop Smart Cities & Prepare Spatial Data
At the Cambodia-Japan Urban Development Conference on 16 February, Minister of Land Management, Urban Planning and Construction HE Chea Sophara has requested the Japanese government to provide assistance on four major issues in Cambodia to promote the sustainable development of the construction, land management, urban planning, and housing sectors. The first request was for help from Japan to p...
Read MoreGov’t and OCIC Mull Building Another Bridge in Prek Pra
The Phnom Penh Municipality and OCIC are considering building another bridge in the Prek Pra area to reduce traffic along NR1 and NR2. In the meantime, both parties are also setting up a ferry service connecting Koh Norea and Koh Pich to also temporarily ease the traffic in the area. According to Phnom Penh Governor HE Khoung Sreng, both parties are currently inspecting the sites for both proje...
Read MoreNew Port Draft Law and Phnom Penh Logistics Centre Project Agreement Finalised
The new draft port law and the Cambodia-Singapore draft agreement for the Phnom Penh Logistics Centre Project have been finalised, according to an announcement by Minister of Public Works and Transport HE Sun Chanthol on 16 February. HE Sun Chanthol said that the new port draft law was 100% complete and waiting for a final check before submitting it to the cabinet for approval. He added that th...
Read MoreThree Sections of NR5 Expansion 90%, 23%, and 36% Complete, Respectively
To date, three sections of the National Road 5 (NR5) expansion project have on average reached approximately 50% completion and is scheduled to be complete by 2022. According to the Ministry of Public Works and Transport’s report on 16 February, the progress of each section of road are as follows: 1. The northern part from Battambang to Serey Sophoan (84 km) is 89.75% complete and scheduled ...
Read MoreTransport Minister Vows to Permanently Repair Two Frequently Damaged National Roads
The Minister of Public Works and Transport HE Sun Chanthol has vowed to conduct permanent repairs on two "forever-damaged” roads, the NR3 section from Kampot to Veal Renh and the NR7 section from Tbong Khmum to Kratie. HE Chanthol said during the meeting on 16 February that the condition of these two sections have always been damaged even though they have been through many repairs, especially t...
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