The 9th PropertyGuru Cambodia Property Awards recognise top developments, designs
OCIC GROUP HONOURED FOR HIGH-CALIBRE, SUSTAINABLE PROJECTS WHILE V.I LAND INVESTMENT CO., LTD. AND LP RESIDENCES CO., LTD SHOWCASE DESIGN EXCELLENCE PHNOM PENH, Cambodia — The 9th PropertyGuru Cambodia Property Awards, supported by CBRE Cambodia, today celebrated the elite range of companies representing the finest real estate in the kingdom. PropertyGuru Group, Southeast Asia’s leading […]
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Cambodian Gov’t Revives 40 Stalled Buildings in Sihanoukville, 7 Buildings Already Completed
In a significant step towards revitalising Sihanoukville’s economy, the Cambodian government has successfully initiated the reconstruction of 40 out of 101 stalled buildings in the province. This announcement was made recently by Mr Mang Sinet, Governor of the Sihanoukville Provincial Government. The governor attributed this progress to the Sihanoukville Investment Promotion Policy 2024, which offers […]
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Cambodia Raises USD 70 Million Through Government Bonds in Nine Months of 2024
In nine months, the Cambodian government raised approximately USD 70 million through the sale of government bonds to domestic investors in the first nine months of 2024. This achievement, which represents 65% of the legally allowed issuance limit of 440 billion riels, underscores the country’s commitment to strengthening its domestic funding mechanisms and reducing reliance […]
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Japan Commits USD 900K to Restore Bayon Temple, Enhancing Cambodia’s Cultural Legacy
To boost Cambodia’s cultural heritage preservation efforts, the Japanese government has pledged an additional grant of USD 900K for the Bayon Temple Preservation and Restoration Project. This funding will support a vital three-year initiative, running from 2025 to 2028, aimed at revitalising the iconic UNESCO World Heritage site. The announcement was made on 13 December […]
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Seamless Roofing Upgrades: ISI RE-ROOFING Solutions Revolutionises Your Commercial Roofing
Commercial properties in Cambodia are now equipped with a groundbreaking solution to address persistent roofing issues, as ISI STEEL launches its innovative ISI RE-ROOFING Solutions. This first-of-its-kind service in Cambodia allows businesses to upgrade their roofs without the need for costly and disruptive demolitions, ensuring uninterrupted daily operations. Many factories, warehouses, and rice mills across […]
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The PropertyGuru Asia Real Estate Summit marks landmark 10th edition with aspirational discourses on future of cities
ARES 2024 ANCHORS PROPERTYGURU WEEK, FEATURING DEBUT OF THE MIDDLE EAST AWARDS AND OTHER MILESTONES BANGKOK, Thailand — The 10th edition of the PropertyGuru Asia Real Estate Summit (ARES), the thought leadership platform of PropertyGuru Group (NYSE: PGRU), gathered experts and thought leaders to discuss the intersecting issues moving and shaking the real estate industry, […]
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The Gov’t Temporarily Opens Morodok Techo Flyover’s First Floor Ahead of Khmer New Year 2025
To enhance urban mobility and alleviate traffic congestion in Phnom Penh, the Cambodian government has announced the temporary opening of the first floor of the highly anticipated Morodok Techo Flyover ahead of the Khmer New Year celebrations 2025. This development comes as part of efforts to facilitate smoother travel during the bustling Khmer New Year […]
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Cambodia Launches Innovative Digital Platform to Register Informal Economy Businesses
In a landmark move to support its informal economy, the Cambodian government, led by PM Hun Manet, officially launched a digital registration platform on 16 December 2024. This initiative aims to register informal economy businesses, providing them with formal recognition and support, while enhancing awareness of their contributions to the national and family economy. The […]
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Hong Kong and Macau Plan Electric Motorcycle Assembly Plant in Cambodia, Boosting Green Transport Future
Investors from Hong Kong and Macau, China, have announced plans to establish an electric motorcycle assembly plant in Cambodia, a move poised to accelerate the country’s transition to eco-friendly transportation. The ambitious project was unveiled during a meeting on 13 December 2024 between HE Chea Vuthy, Secretary General of the Cambodian Investment Committee, and Mr […]
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Cambodia Completes 271 Rural Road Projects in 2024, Enhancing Accessibility Across Remote Areas
The Cambodian government has announced the successful completion of 271 rural road projects in 2024, significantly boosting transportation accessibility for remote communities. The Ministry of Rural Development presented these achievements during a year-end meeting on 9 December 2024, highlighting the construction and improvement of approximately 940.71 kilometres of double-paved roads and outlining strategic plans for […]
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Groundbreaking Ceremony for Mekong Key City in Areyaksat Marks a New Era in Cambodian Urban Development
The Cambodian government has officially commenced construction on the ambitious Mekong Key City project, a transformative satellite city spanning over 200 hectares along the eastern bank of the Mekong River. The groundbreaking ceremony, held on 17 December 2024 and presided over by PM Hun Manet, signals the start of a development poised to redefine the […]
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Cambodia Faces Mounting Debt Challenges in the Real Estate Sector
The real estate sector in Cambodia is grappling with mounting financial concerns, as total housing debt nears USD 1 billion, according to insights shared during the recent roundtable discussion, The Debt Situation in Cambodia, organised by the Real Estate and Mortgage Regulatory Authority. Mr Chou Vannak, Director General of the authority, revealed that homebuyers owe […]
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