PM says new construction law to help reduce building collapse

Prime Minister Samdech Techo Hun Sen said the newly adopted construction law will help reduce building collapses caused by failure in construction standards and quality. The Prime Minister made the statement as he was speaking at a press conference on 05 January 2020 on the result of the rescue mission of the building collapse in Kep which killed and injured more than 50 people. (Read more) ...

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59 Dead and Injured in Kep Building Collapse

After more a rescue mission lasting more than 43 hours, a total of 59 dead and injured were confirmed as a result of the building collapse in Kep, according to a press conference given by Cambodian Prime Minister Samdech Techo Hun Sen. According to Samdech Techo Hun Sen, the building collapse in Kep province on 03 January killed 36 people (14 women) and left 23 people injured (15 men and 8 wome...

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Six-storey building collapses in Kep province, killing 7 and injuring 25

A six-storey building under construction in Kep province collapsed on 03 January, killing 7 people and injuring 25 others as rescue work continues. The building, located in Kep Village, Sangkat Kep, Kep City, Kep Province, collapsed at 4:15 pm on 03 January. According to a press release from Kep Provincial Hall, as of 04 January, the rescue team and local authorities are continuing searches ...

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Cambodia’s economic growth expected to reach 7% in 2020

Cambodia's economic growth is projected to reach around 7% by 2020 due to growth in exports, foreign investment inflows, tourism, and construction and real estate, sectors which are expected to enjoy continued growth. In a macroeconomic and banking progress outlook for 2019 and 2020 released on 02 January, the National Bank of Cambodia projects that economic growth will be based on a forecast o...

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Ministry of Interior to reform national level land management-related service

The Ministry of Interior is committed to strengthening the quality of service providing information about land management, urban planning, and construction at the national level through a one-window service to give quality service provision to the people. The study plan was discussed in a meeting between H.E. Khoung Sreng, Phnom Penh Governor and an inter-ministry working group led by H.E. Prak...

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Experts: Luxury hotel closures related to internal issues

A number of four-star and five-star hotels have recently announced the closure of their businesses citing economic reasons for their demise.  Tourism experts have said that business closures are not a bad sign for tourism in general. The 23-year-old former Inter-continental in Phnom Penh -The Great Duke Hotel - announced the closure of its operations on 31 December with an economic downturn cit...

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France Provides US$100 Million for Clean Water Treatment Plant Construction in Bakeng Phase II

French government through the Agence Francaise de Developpement (AFD) has provided US$101 million in sovereign loan for Bakeng Clean Water Treatment Plant in Phase II which is capacity of producing 195,000 cubic meter per day. According to a press release issued on December 31 from Ministry of Economy and Finance, agreement of the sovereign loan was signed here on December 24 by H.E. Aun Pornmo...

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Two Footbridges Constructions in Phnom Penh Launched

Phnom Penh City Hall started construction of two footbridges along the Mao Tse Tong Blvd to facilitate the pedestrians. Once the constructions finished, the footbridges in Phnom Penh will be 5. The groundbreaking ceremony of the footbridge constructions was held on December 28 under the presence of H.E. Khoung Sreng, Phnom Penh Governor. The footbridges constructions are in front of Phsar De...

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Royal Group announces US$300 million investment on Koh Rong Island

The Royal Group, one of the largest investment companies in Cambodia, has announced a joint venture investment project with a Chinese investment company which worth 2 billion Chinese Yuan (approximately US$285 million) to build a five-star hotel and resort on Koh Rong Island in Preah Sihanouk province. The project was announced in a meeting with Chinese investors held on 28 December in Preah Si...

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Kampong Speu footbridge officially opens

A footbridge crossing National Road 4 located in Chbar Mon town, Kampong Speu province has been officially put into operation to contribute to promoting the city’s beauty and facilitating ease for pedestrian commuters. The opening ceremony was held on 29 December in the presence of H.E Vei Samnang, Provincial Governor of Kampong Speu. According to Kampong Speu Municipality the new footbridge...

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Singapore experiments building roads with waste ash

To extend the life of its overflowing landfill sites and to reduce its dependency on imported sand, Singapore is testing the use of treated incineration bottom ash as the base material for building roads. Field trials using 3,000 tonnes of ash collected from waste-to-energy plants, branded “NEWsand”, will take place on a stretch of the Tanah Merah Coast Road from mid-2020. “NEWSand is born o...

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Foreign condo transfers rise again in Thailand

Foreign condominium purchase transfers in Thailand showed a 1.8% year-on-year rise in the first three quarters of 2019 with Chinese investors leading the way accounting for almost 58% of all transfers. The majority of the transfers were the result of off-plan purchases made over one year ago and the rise in transfers reflects the strong condo market in Thailand despite the valuation of the prop...

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