Mega Wedding Reception Hall Officially Opened

Buildings of the mega wedding reception hall as well as exhibitions have officially inaugurated. On 01 November, 2018, the building called “The Premier Centre Sen Sok” was officially opened while numbers hall reservation for wedding ceremony is high.

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China’s High-speed Train Takes Bentley 2018 ‘special Recognition Awards’

China’s ‘Beijing-Zhangjiakou High-speed Railway’ has been announced as winners of the ‘Year in Infrastructure 2018 Awards’ for its outstanding project design. Designed and constructed by China Railway Engineering Consulting Group Co., Ltd, the project was presented the award for the ‘Advancing Collaborative Digital Workflows in Rail and Transit’ project which has been integrated with products by Bentley Systems, the leading global provider of comprehensive software solutions for advancing the design, construction, and operations of infrastructure.

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Property Sector Contributed Millions of Dollars to Cambodia in 2018

The robust performance of the property sector has generated millions of dollars to Cambodia in 2018, according to the General Department of Taxation (GDT).

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Construction on Us$80 Million Medical Facility Starts

Ground has officially been broken on an US$80 million modern medical facility at Preah Kossomak Hospital. On 30 October, 2018, construction on “New Building of the Cambodia-China Friendship Preah Kossamak Hospital” project official started.

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Sihanoukville’s Wastewater Treatment Station Capacity to Be Expanded

The Cambodian government plans to expand the capacity of Sihanoukville's wastewater treatment station by three times, according to a Facebook post by the Ministry of Public Works and Transport (MPWT) over the weekend. “The Sihanoukville wastewater treatment station capacity is to be expanded by three times in order to facilitate environmental cleanup and better living for this tourism city”, it said.

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Bidding Results of Japan-funded Multi-million Projects to Be Announced

Results of the bidding process for the multi-million dollar Japanese-funded projects will be announced very soon, according to the Phnom Penh Municipality. On 27 October, 2018, Phnom Penh Municipality spokesman Mr Met Meas Pheakdey told Construction&Property Magazine that the results of the bidding for the ‘flood prevention and the rehabilitation of pipe system’ projects will be announced shortly after the delegates return to the country from Japan.

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EuroCham: Dialogue and engagement better than penalty

Having more dialogue and engagement is better than having a policy of penalty, according to the European Chamber of Commerce in Cambodia (EuroCham). On 25 October, 2018, Mr Arnaud Darc, Chairman of EuroCham said in the annual ‘Tax Forum’ that one way to promote the culture of compliance in Cambodia is a need for more […]

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Thai Property Too Expensive According to New Survey

Thailand’s houses are too expensive and consumers are not satisfied with the market according to a recent survey conducted by a leading Thai property portal property.

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GDT to Apply New Land Price Rates Across the Country

The General Department of Taxation will apply new land price rates across Cambodia shortly, according to H.E Kong Vibol, Delegate of the Royal Government in charge as Director General of the General Department of Taxation.

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ADB Provides Us$30 Million for Tourism Infrastructure Development Projects

Cambodia has signed agreements with the Asian Development Bank (ADB) worth more than US$30 million for tourism infrastructure development projects in two provinces, according to a press release from the Ministry of Economy and Finance (MEF).

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Airport Development Project in Poipet to Resume

The government has allowed a local firm to reopen an airport development project in Poipet City, according to civil aviation officials. On 22 October, 2018, Mr Sinn Chanserey Vutha, spokesman for State Secretary of Civil Aviation (SSCA) told Construction &Property Magazine that the domestic airport development project in Poipet was approved in principle by the government after years of suspension.

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The Advantages of Cambodians Purchasing Real Estate Under the Portugal Golden Residence Permit Program

With the backdrop of the Atlantic Ocean, the century-old rustic architectural backdrop and wooden trams are frequent sights in this ancient city of Portugal. Perched on the edge of Europe,

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