40km stretch of National Road 6A opens
After 48 months of construction, the new 40km stretch of National Road No. 6A officially opened to traffic in early April. The road connects Prek Leap commune in Phnom Penh’s Chroy Changvar district to the junction of Kompong Cham’s Batheay district. The new segment, ranging between 7 to 20 metres was financed by a USD70 […]
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Cambodia’s mega stadium to go online in 2021
Some facilities of the Morodok Techo National Sports Complex are already operational with the main stadium aiming to be fully completed in 2021, two years before the nation hosts the 32nd SEA Games. Inaugurated by Cambodian Prime Minister Samdech Hun Sen on 4 April, facilities already completed include the international standard swimming centre and the […]
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Investment Insight : Construction Permit Process
A permit for construction of buildings (“Construction Permit”) is mainly regulated by Sub-Decree #86, adopted by the Royal Government of Cambodia on 19 December 1997. Under this Sub-Decree, all individuals, public or private entities shall have the rights to construct a building on their own titled land. All constructions (new construction, reconstruction, major renovation, expansions, […]
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Phnom Penh’s Biggest Road Opens
Samdech Hun Sen Boulevard, Phnom Penh’s biggest road was officially opened to commuters in early April. Named after the Cambodian prime minister, it will serve to ease traffic congestion in the capital’s southern region. Stretching more than 9km in length, the avenue connects Street 271 near Kbal Thnal junction in Phnom Penh’s Meanchey district in […]
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INVEST IN FIRE SAFETY: SAVE YOUR PROPERTY… SAVE LIVES
Cambodia is rapidly developing with Phnom Penh’s ever changing skyline representing the country’s economic growth and development. Thus as the city continues to expand with increasing high density living, so too does the risk of fire outbreak. Fire Risk is Real Last year 14 people died and 54 were injured in 612 reported incidents of […]
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SIKA marks 15 years serving Cambodia
26 March, 2017 marked 15 years of SIKA operations serving the Cambodian market. SIKA is a global supplier of specialty chemicals in construction headquartered in Switzerland with over 100 years of experience. This giant chemical expert opened its Cambodia subsidiary 15 years ago under the company name SIKA (Cambodia) Ltd. The firm has operated to […]
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Construction insurance policies: The main things to know before starting any construction work in Cambodia
According to Article 37 of the Law on Insurance dated 4 August 2014 and the Sub-Decree No. 06 dated 22 October 2001, individual or legal entity who is the owner or the operator of a construction site in Cambodia must take out a construction liability insurance policy before starting any construction work.
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Capital controls bind Chinese project
China’s increasingly strict capital controls are beginning to impact projects in Cambodia including a proposed USD3 billion tourism development in Preah Sihanouk province. Hong Kong-based Guangzhou R&F Properties first announced the coastal hotel project to great fanfare in January 2017. Its founder Zhang Li has now reportedly requested approval from the Chinese government to move […]
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Transmission line contract awarded
The contract to build a second transmission line to connect the Stung Tatai hydropower dam in Koh Kong province to Phnom Penh has been awarded to a Malaysian-owned company. Pestech (Cambodia) Ltd will construct the 220km line which will have a capacity of 230 kilovolts with the project valued at USD100 million. Pestech will undertake […]
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Compensation derailing Thai link
A rail link between Thailand and Cambodia scheduled to open by mid-2017 could be delayed by the need to provide compensation to 50 families still living along the train track in Poipet town. The Poipet to Sa Kaeo in Thailand line cannot be completed until the families have been relocated from along a 1km section […]
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Vinci Invest in Indonesian Motorsport
Vinci Construction is to build a 120-hectare motorbike racing circuit and tourist complex on the Indonesian island of Lombok. The French company signed a USD500 million deal with the state-run Indonesia Tourism Development Corporation (ITDC), in the presence of French President Francois Hollande and President Joko Widodo of Indonesia. Abdulbar Mansoer, the head of ITDC, […]
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Malaysia Unveils Rail Route
The proposed route of the 600km East Coast Rail Link (ECRL) has been unveiled by the Malaysian government to allow a three-month window of feedback from the population. The USD13 billion Chinese-financed project is planned to start in the west near the capital Kuala Lumpur cutting across the peninsula and terminating near the Thai border […]
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