Takeo Province Chosen for Digital Village Pilot Project
The Republic of India has signed an agreement with the Ministry of Posts and Telecommunications selecting Traing District in Takeo province as the target location to implement a Digital Village pilot project. The information was disclosed while the Ambassador of India to Cambodia H.E. Ms. Manika Jain paid a courtesy call on the Minister of […]
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Ground broken on ADB-backed Kampot Tourist International Port
Construction of Cambodia’s Tourist international port in Kampot Province,funded by the Asia Development Bank (ADB),began on 8 August, 2018 with the Minister of tourism, Kampot Governor, representatives from ADB and almost 100 people attending the ground breaking ceremony. According to an official press release, the project will cover an area of 4 hectares, is being […]
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US$32 Million Cement Factory Announced for Sihanoukville Special Economic Zone
King Elephant Construction Material Industrial CO., Ltd recently announced their plan to invest US$32.6 million to build a cement factory in the Sihanoukville Special Economic Zone in response to rising demand in the Cambodian market.
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Win-win Memorial Set to Open in December
The Cambodia’s peace symbol building “Win-Win Memorial” is set to inaugurate on the occasion of the 20th anniversary of the government’s win-win policy which will take place on December 29, 2018, according Fresh News. On August 7, 2018, deputy Prime Minister and Minister of National Defense H.E. General Tea Banh, had attended the meeting to […]
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Angkor Wat Ranked as #1 Landmark in the World by Tripadvisor
The renowned online worldwide travel planning company TripAdvisor recently announced the winners of its Travellers’ Choice Award for Landmarks in the World and Angkor Wat Temple
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Think Tank Urges Private Sector to Provide More Internships for Construction-related Jobs
Experts in different government and private institutions have called for more internships and training programmes for students and workers, especially for construction-related jobs. This campaign was called for during a half-day seminar held under the theme of “Partnership for Work-based Learning: Experiences and Possibilities” organised bythe Cambodia Development Resource Institute (CDRI) at the Phnom Penh […]
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Phnom Penh Office Market Remains Robust in Q2
Despite the decrease in total supply by 3.3 percent in Q2, the Phnom Penh office market remained robust with an overall occupancy rate of 87.7% - a 5% increase from Q1 - according to a report by CBRE Cambodia.
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Kampot deep seaport plans put China’s rising role in perspective
Sihanoukville Autonomous Port The construction of a new deepwater seaport in Kampot is currently undergoing a feasibility study, following the agreement signing ceremony between a Cambodian company and a Chinese firm in April this year. The new deep water seaport is a cooperation between China’s Guangxi Beibu Gulf International Port Group and the well-known Try […]
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NBC: Construction Sector Strength Driven by Three Factors
According to the semi-annual report from the National Bank of Cambodia (NBC), three factors have driven the growth in the construction sector.
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Will the Construction and Property Sectors Slow in the Next Five Years?
As thereal estate industry booms and development projects continuing to rise throughout the country, especially in Phnom Penh
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Phnom Penh’s Evolving Retail Establishments
With an official population of close to 2 million and a growing middle class, coupled with economic growth and changing consumer behaviors, Phnom Penh’s retail property market has been very dynamic over the past five years.
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Strata Title Office and Residential Condominium Investments
In Cambodia, the idea of Strata-title office buildings where individual units is being sold has not been favoured by end-users or investors.
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