Thailand to complete “largest rail station in Southeast Asia” next year

Thailand has announced plans to complete construction in 2021 on the biggest rail station in Southeast Asia. Designed to overcome Bangkok’s traffic gridlock and assist Thailand become a regional transportation hub, Bang Sue Grand Station will replace Hua Lamphong, as the capital’s main station After work began in 2013, the 520 hectare station will be four storeys high with 12 platforms up to...

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Updates on Major Infrastructure Developments in Siem Reap

Although the tourism sector in Siem Reap has been hit by the COVID-19 pandemic, the government is still active especially in infrastructure development, with the aim to attract more tourists after the crisis is over. Prime Minister Samdech Hun Sen once said that although COVID-19 has prevented tourists from travelling to Cambodia and negatively affected the economy, on the positive side, it is a g...

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90 million Cubic Metres of Land Needed to Fill In Construction Site of Koh Norea and the New Phnom Penh Airport

The Overseas Cambodia Investment Corporation (OCIC) has recently said that over 90 million cubic metres of land is needed to fill in the construction site of the Koh Norea and the new Phnom Penh International Airport project. OCIC Chairman Neak Oknha Pung Kheav Se said approximately 60 million cubic metres of land is needed for Koh Norea project. Meanwhile, the new Phnom Penh international airp...

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Trendy Rooftop Restaurants and Bars in Phnom Penh

By Eric Wong Chon Lap and Ho Ying Ying The first rooftop bar opened on top of a high-rise building was the Eclipse Sky Bar, located on the 23rd floor of Phnom Penh Tower, which was also one of the first high-rise buildings completed in Phnom Penh in the earlier years. As the years go by, the rapidly growing city of Phnom Penh is now home to a slew of amazing rooftop restaurants and bars. Roo...

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Real Estate Association Pushes for Stimulus in Indonesia

A leading Indonesian industry association is pressuring the government to provide increased stimulus to the real estate sector in the face of the COVID-19 pandemic, arguing that the current plans do not go far enough. According to The Jakarta Post on 06 October, Real Estate Indonesia (REI) has requested the government to offer additional stimulus, such as mortgage payment deferrals for both hom...

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Exhibition Set for 2021, Election for Board Members and Business Networking Delayed

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

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

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

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

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

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

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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