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ខ្មែរ 
Exhibition Set for 2021, Election for Board Members and Business Networking Delayed
- 29 December 2020
After many delays due to the COVID-19 social distancing advice, the Cambodian Constructors Association (CCA) has decided to cancel the kingdom’s biggest annual construction exhibition for the year 2020 and has scheduled it for late 2021, according to a recent CCA announcement. The CCA has set 2-4 December 2021 as the date for its yearly Cambodia Construction Industry Expo which showcases thousa...
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Major Construction Projects Inaugurated in 2020
- 29 December 2020
NR58 connecting Banteay Meanchey to Oddar Meanchey National Road No. 58 is 174km long connecting Samrong city of Oddar Meanchey to the National Road 5 in Poipet city of Banteay Meanchey province. The construction of this road cost US$122.98 million, which was jointly financed by the Chinese government and the Cambodian government budget. The inauguration ceremony was presided over by Cambodian...
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Vietnam Embraces Digital Platforms in Response to COVID-19
- 29 December 2020
Developers and realtors in Vietnam have been increasingly embracing digital platforms to drive sales and communicate with investors in response to the impact of COVID-19. Bolstered by the government’s strong push for the development of smart technology, which it has also pioneered within the ASEAN framework, Vietnam has seen a flurry of new digital tech firms emerge in the real estate space pro...
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CDC Approves Two Construction Materials Factories Worth Over US$11million
- 29 December 2020
The Council for the Development of Cambodia (CDC) has recently permitted two private firms to invest over US$11 million building two construction material factories in Sihanoukville and Svay Rieng provinces. The first project is a metal processing factory in the Sihanoukville special economic zone. The construction of the factory costs approximately US$5.2 million, invested in by Cambodian New ...
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First Drops of Cambodian Oil Produced Today at Apsara Oil Field
- 29 December 2020
The first drops of Cambodian oil have been produced today at Block A of Apsara Oil Field, following the recent completion of construction, according to the Prime Minister Hun Sen’s Facebook Page. The first well entitled A-0ID was completed on 23 December 2020, and the production of the oil started on 29 December 2020. Meanwhile, two other wells have already been drilled to the oil reservoir. ...
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Koh Kong a Potential Target for World Bank’s Blue Economy Development Project
- 28 December 2020
The World Bank is planning to invest millions of dollars in the 'Blue Economy' project in Cambodia, and Koh Kong could be one of the target provinces chosen for the project implementation. Koh Kong Deputy Governor Ouk Pheaktra said during the meeting with relevant officers regarding the coastal management on 28 December that his authority is currently conducting the feasibility and trying the b...
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Major Infrastructure Projects Broken Ground in 2020
- 28 December 2020
Although 2020 was not a good year due to the COVD-19 pandemic and the recent floods, the government of Cambodia continuously updates infrastructure development. Thus far, none of the infrastructure projects have been delayed. Projects scheduled to break ground in 2020 have also already begun. Here is the list of the major infrastructure projects that saw ground broken in 2020. 1) NR 2 and 22 Re...
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OCIC Unveils Details of Expressway Project from City Centre to New Airport in Kandal
- 28 December 2020
OCIC Chairman Neak Oknha Pung Kheav Se has revealed details of the expressway linking Phnom Penh city centre to the new Phnom Penh international airport in Kandal province. Neak Oknha Pung Kheav Se said in an exclusive interview with Construction & Property Magazine on 19 December that the expressway will be built as a flyover with a total length of 21 kilometres, divided into two phases. ...
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South Korea’s Investment in Cambodia Reaches US$5.7 billion, Becomes Second Biggest Foreign Investor
- 26 December 2020
The Republic of Korea’s investment in Cambodia has reached US$5.7 billion, now standing as the second highest foreign investment in the Kingdom; a large proportion of which has been used for infrastructure development projects. Ambassador of the Republic of Korea to Cambodia HE Park Heung-Kyeong revealed the data during his meeting with the President of the Senate of Cambodia Samdech Say Chhum ...
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CVEA: Real Estate Transactions in 2020 dropped by 15%, Price Remains Robust
- 26 December 2020
Cambodia Valuers and Estate Agents Association (CVEA) President Chrek Soknim has said that overall real estate transactions in 2020 decreased by 15% - 20%, yet the average sales price remains robust. He explained that the fall in the number of transactions was due to the COVID-19 pandemic, which reduced the amount of foreign investment in Cambodia's real estate sector. Meanwhile, the price, for...
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Construction of NR2 and NR22 20% Complete
- 25 December 2020
The construction and restoration of National Road 2 and 22 from Takmao to Ang Ta Saom has been 20% completed and is scheduled to finish in the first quarter of 2022, according to Ministry of Public Works and Transport spokesman Heang Sotheayuth. Mr Sotheayuth told the Ministry of Information recently that since the ground-breaking ceremony in February 2020, the construction process has proceede...
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Bluebell signs MoU with Oxley to Manage the Peak Mall
- 25 December 2020
Leading Asian Omni brand operator Bluebell Trading Pte. Ltd has recently signed an MoU with Oxley Gem (Cambodia) Co., Ltd to manage the Peak shopping mall project, according to a press release from the company on 24 December. Ashley Micklewright, CEO of Bluebell Group said, “We are delighted to partner with Oxley-Worldbridge in Cambodia, and look forward to delivering one of Asia’s new destinat...
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