New Phnom Penh Airport Site Untouched by Floods, Demonstrating Good Landscaping Design
The new Phnom Penh Airport construction site in Kandal province was not affected by the floods, although the areas around the site are flooded. This demonstrates the well-planned water management system and good landscaping architectural design. The Secretariat of State for Civil Aviation's Spokesman Mr Sin Chanseryvutha said the flood inundated the access roads to the construction site, causin...
Read MoreAffordable Khmer Housing Project Launched in Siem Reap
Advertorial: Banteay Srei Khmer Housing project, a new Khmer-style resort house with affordable prices in the high potential area of Siem Reap, has opened for sale. There are five reasons why this project is a worthwhile investment both for residential and business purposes. 1. Prime location The project is located in Banteay Srei district, a high potential area with markets, schools, hospital...
Read MoreCambodia Chamber of Commerce Drafting Investment Guidebook to Attract More FDI
The Cambodia Chamber of Commerce is currently compiling investment guidebooks for each province nationwide, aiming to help ease the business environment for investors, both local and international. As of today, the relevant institutions are focusing on finding input for investment guidebooks of two provinces, Siem Reap and Oddar Meanchey. The books aim to serve as a reference document for in...
Read MoreKrisEnergy Receives Loan to Secure Scheduled Oil Extraction in Cambodia
KrisEnergy has reached a loan agreement with Kepinvest Singapore to secure oil extraction offshore of Cambodia as planned before the end of this year. According to the firm’s recent announcement, the US$87-million loan will be divided into two parts, with US$30 million to be used for facility A and another US$57 million to be used for facility B. Both are in phase I of the Apsara project. Kr...
Read MoreSiem Reap to Put Optic Cable Underground While Renovating the 38 Roads
The Siem Reap provincial administration is preparing to embed optic cables underground while renovating 38 roads, according to the outcome of a meeting held by relevant officials on 19 October. Not only increasing the province’s beauty but putting the cables underground is also part of the government policy to make Siem Reap a smart city in the future. The meeting also discussed other topics...
Read MoreMPWT to Seek More Funds to Repair Over 400 km of Flood-damaged Roads
The Ministry of Public Works and Transport (MPWT) will seek more funds to repair over 400 kilometres of flood-damaged infrastructure across the country, according to Minister of Public Works and Transport HE Sun Chanthol during road inspection on 19 October. “The last report I received was on the 17 October. Around 123 roads, 308 sections or equal to 400 kilometres of road were damaged by the f...
Read MoreMPWT Choosing Locations for Ring Road 4 Construction
The Ministry of Public Works and Transport held an inter-ministerial meeting on 19 October to discuss the locations of the Ring Road 4 construction. The ministry has revealed that the route will be around 195km and pass through four provinces. The meeting was participated in by eight representatives from relevant ministries and ten private firms, both local and international. The ministry re...
Read MoreAdvertorial: ISI STEEL Offering Over 600 Rewards Every Month
ISI STEEL is offering over 600 rewards every month via a scratch-to-win program for customers who purchase ISI PALM, ISI PIPE and ISI STEEL. Those who purchase any of the two products to a value of US$200 upward will get a scratch-off lottery ticket, valid from today until the rewards are out of stock. The program is valid for ISI customers only. You can purchase ISI products from the neares...
Read MoreReal Estate Market Update in Q3 and Roadmap for Recovery
The Phnom Penh Real Estate Market in Q3 of 2020 remains under pressure from the COVID-19 pandemic. However, compared to other neighbouring countries, the Cambodian market shows the most significant recovery steps, according to a report from CBRE Cambodia. The same report also projects that due to the very low number of cases, thanks to effective government policy in coping with the pandemic, th...
Read MoreSimplex Vows to Dominate Cambodia Cabinetry Market in Next Five Years
Advertorial: As the construction and real estate sector in Cambodia has been growing steadily, the demand for interior decoration has also increased. Custom-made cabinets are one of the most popular furniture items on the market. So, how to find a high-quality custom made cabinet and which supplier to choose? Simplex Cambodia is one of the leading companies in Cambodia, supplying all kinds of c...
Read MoreConstruction of NR2 and NR22 16% Complete
After the groundbreaking ceremony in February, the construction and restoration of National Road 2 and 22 from Takmao to Angk Ta Saom has been 16% completed, according to Minister of Public Works and Transport HE Sun Chanthol during his flood-damaged roads inspection on 16 October. “The progress of the construction is going well as planned. If we compare it to our master plan, this road is 16% ...
Read MoreHyatt Regency Phnom Penh GM Confirms Q1 2021 Opening Date
Hyatt Regency Phnom Penh General Manager Herman Kemp has confirmed that the hotel will finally open in the first quarter of 2021, after a period of delay due to the impact of the COVID-19 pandemic. According to Mr Kemp, as of today, the construction is 100% complete, and currently, the team is working on all the interiors of guest rooms, function spaces and dining outlets. “Hyatt Regency Phn...
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