One of Cambodia’s most sucessful companies showcases three great achievements for September
ISI Steel, recognized as one of the largest manufacturers and distributors of quality coated steel building materials in the market for more than two decades has celebrated three remarkable achievements in September, 2019. The first achievement was the company receiving the ISO 9001: 2015 standard for international quality management systems. The second major achievement was […]
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Kingdom’s largest annual construction exhibition date set for early December
Cambodia’s largest annul construction exhibition which showcases thousands of products and is organised by the Cambodia Constructors Association (CCA) is set to be held from December 5 – 7 2019 at the Diamond Island Convention and Exhibition Center. The ‘Cambodia Constructors Industry Expo 2019’ will feature products and services from real estate firms, banks, and […]
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Government plans to establish new Siem Reap city
At the 3rd meeting of the inter-ministerial committee for the Tourism Master Plan in Siem Reap on 16 September, the government outlined plans to establish a new Siem Reap city that would allow the construction of modern buildings. According to a Facebook post by the Ministry of Tourism, the new Siem Reap city will be […]
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Experts say Cambodia ready for high-end tourists
Experts from across the hospitality industry gathered last week to discuss investment opportunities in the tourism sector, citing that Cambodia is now ready for high-end tourists. Under the theme “Hospitality and Investment Trends in Cambodia”, the event was held on 12 September 2019 at Sofitel Phnom Penh Phokeethra and was organised by London-based real estate […]
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39-storey building slated for Chbar Ampov district
A US$1 billion 39-storey commercial building is planned to be constructed in Nioth commune, Chbar Ampov district, on the east of Bassac River opposite Koh Pich City. Construction on the Vue Aston building is set to start by the end of 2019 and will be completed by 2022. The building is joint venture between Sino-Cambodia […]
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New seminar presents coating technology for industrial and construction
Around 70 participants attended a presentation on new technology for the industrial and construction coating products delivered by industry experts from Thailand, Malaysia and Singapore at the Great Duke Phnom Penh Hotel. On 14 September, NCS Global Coatings (Cambodia) Co., Ltd held a seminar focus on the solution to solve problem for industrial and construction […]
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Hilton to open its first hotel in Phnom Penh by 2022
Hilton has recently signed a management agreement with real estate firm GFC to open the first Hilton hotel in Phnom Penh by 2022, according to a report in TGG Asia. Located 9 kilometres from Phnom Penh International Airport, the Hilton Phnom Penh will be a mixed-use development comprising of 280 guest rooms. The property will […]
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China Decorative Association seeking investment opportunities in Cambodia
The China Association of Decorative Building Materials (CADBM) met with the Cambodia Constructors Association (CCA) on 12 September to study investment opportunities within the construction market in Cambodia. Based in Zhejiang region, the China Association of Decorative Building Materials (CADBM) is a group of Chinese firms operating businesses manufacturing construction materials, ceramic tiles, and decorations. […]
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Sihanouk International Airport to be able handle 10 million passengers
Cambodia Airports will upgrade the capacity of Sihanouk Airport to be able to handle 10 million passengers per year through their master plan on expanding overall terminal building capacity. The master plan for terminal expansion was approved by the State Secretariat of Civil Aviation on Thursday in a meeting between H.E. Mao Havannall, Minister in […]
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Collection of stamp duty on property transfers increases by 60%
The General Department of Taxation has collected almost US$2 billion in tax revenue over an eight-month period with stamp duty on property transfers seeing the sharpest increase. According to a GDT press release dated 12 September, the department collected US$1,952 million, achieving about 85.33% of the national plan. This shows an increase of about 29.89% […]
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Cambodia inks deal with Laos on the 2900-megawatt power purchase
The Cambodian government has inked a deal with the Laos government to purchase a total of 2,900 megawatts of power to fulfil the current shortage of electricity as well as to reduce the cost of electricity in the future. Signed by Cambodian Prime Minister Hun Sen and Laos Prime Minister Thongloun Sisoulith, the agreement includes […]
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Cambodia, Thailand agree to resume OCA talks
After nearly two decades of hiatus, Cambodia and Thailand have agreed to resume talks on development of their overlapping claims area (OCA) on offshore oil fields, on the principle that it should be developed based on mutual interests. The agreement to resume talks was made in a meeting between the Cambodian Ministry of Mines and […]
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