Canadia Group plans to develop 500h plot near NR 51 and more

Canadia Group, a multi-million dollar finance and construction business, has announced plans that will contribute to the development of Cambodia’s economy. The announcement was made by the group’s Chairman Neak Oknha Pung Kheav Se, in a recent exclusive interview with Construction and Property Magazine. Neak Oknha Pung Kheav Se said: “As a local investor, I will continue to invest a massive ...

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50% discounts in Siem Reap after government advice

A five-star hotel in Siem Reap has announced a 50% discount from March to May on its services in response to the impact of the Coronavirus, or Covid-19, on tourism. The announcement came after Siem Reap provincial authorities called on all hotel owners in the Siem Reap area in early March 2020 to consider reducing prices and catering service fees to attract more tourists in Khmer New Year. T...

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20 firms to bid for Phnom Penh waste management contract

20 firms are submitting applications to bid for Phnom Penh’s waste management contract before the deadline at the end of March 2020. This statement was made by Mr Huot Hay, Deputy Governor of Phnom Penh, who is in charge of waste management systems, at the 10th Phnom Penh Municipal Council Meeting on 12 March, 2020. “So far, we have received applications from 20 firms in Phnom Penh to bid to...

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Koh Thom stadium swimming pool complete and ready for 2023 SEA Games SEA Game

The pool at Koh Thom District Stadium in Kandal province is now 100% complete. The achievement will be in place for the 3rd National Sports competition, which runs 4-15 May 2020. In addition to the stadium being used on a daily basis, the international standard pool has also been constructed for Cambodian athletes to practice for the 32nd SEA Games in 2023 which will be hosted in Cambodia at th...

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AI to develop real estate sector in Cambodia

Artificial intelligence, commonly known as AI, will soon take over and promote the real estate sector in Cambodia. The future of AI in the Cambodian real estate industry is about to be realized following the signing of a Memorandum of Understanding between Z1 Data Co., LTD (Cambodia), a company that uses artificial intelligence (AI) to research and analyze data in real estate and the US-based c...

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Neak Oknha Pung Kheav Se boosted Cambodia’s construction sector with US$5 billion and more to come

In a bid to develop Cambodia’s economy, one of the kingdom’s leading businessmen, Neak Oknha Pung Kheav Se, has invested around US$5 billion on various projects over the years. In a recent exclusive interview with Construction and Property Magazine, Neak Oknha Pung Kheav Se said the Canadia Group businesses are currently divided into two segments which include financial and construction and pro...

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MPWT: Covid-19 issue does not affect Cambodia’s road development projects

The recent Covid-19 issue does not affect the development of Cambodia's roads financed by the People's Republic of China. This statement was made by H.E. Sun Chanthol, Minister of Public Works and Transport during an interview with the press at the inauguration ceremony for National Road 55 and the ground-breaking ceremony of National Road 10 on the morning of 9 March 2020. “The problem of C...

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Waste-to-Energy project in Phnom Penh proposed

The Ministry of Mines and Energy is preparing to develop a project converting waste to energy at dumpsites in Phnom Penh. The project was unveiled for discussion at a meeting held last week led by H.E. Suy Sem, Minister of Mines and Energy, with representatives from the Asian Development Bank (ADB). During the meeting, the ministry permitted a study to select appropriate options and to deter...

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Cambodia – China Friendship Tbong Khmum Hospital 50% complete

Construction on the Cambodia-China Friendship Tbong Khmum Hospital costing US$50 million is now 50% and is due to finish in September 2021, according to H.E. Dr. Cheam Chan Sophoan, Governor of the Board of Governors of Tbong Khmum Province on 3 March 2020. The ground-breaking ceremony for the hospital was presided over by Prime Minister Samdech Techo Hun Sen on 1 March 2019. This US$50 mill...

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Samdech Techo asks developers to delay real estate payment for workers

Covid-19 respiratory infections have caused negative effects on the economy and in particular in the property sector. In response, Cambodian Prime Minister Samdech Hun Sen requested real estate companies to provide workers with compensation and delay payments as much as possible. The request was made at the opening ceremony of National Road 55 and National Road 10 on the morning of 9 March 2020...

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PM breaks ground on NR 10 connecting Battambang to Koh Kong

Samdech Techo Hun Sen and the Chinese Ambassador to Cambodia Wang Wentian together presided over the ground-breaking ceremony on National Road 10 connecting Battambang to Koh Kong on 9 March 2020, a project which will cost US$188 million. Minister of Public Works and Transport, H.E Sun Chanthol, said that National Road 10 links the Samlaut area of Battambang as a corridor to Pursat and then to ...

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PM Hun Sen inaugurates NR55 connecting Pursat to Thai border

Cambodian Prime Minister Samdech Hun Sen and the Chinese Ambassador to Cambodia Wang Wentian together presided over the inauguration ceremony for the official opening of the National Road No. 55 connecting Pursat to Thailand border on 9 March 2020. Following construction by the China Road and Bridge Corporation (CRBC), the road has a total length of 180 kilometres and a width of 9 meters, linki...

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