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ខ្មែរ 
National Assembly approves draft 2020 budget of US$8.2 billion
- 26 November 2019
The National Assembly of Cambodia unanimously approved a draft US$8.2 billion budget for expenditure in 2020 on Tuesday 26 November, a 22% increase compared to the 2019 budget law. According to the draft budget law, the majority of the budget will go to general administration, national defense, and the social sector. To meet the expenditure, the government plans to make gross revenue of US$6...
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Thailand’s economic corridor sees residential projects boom
- 26 November 2019
Thailand’s enormous Eastern Economic Corridor (EEC) has seen residential projects achieve a combined value of US$18.4 billion, according to the Government Housing Bank’s Real Estate Information Centre. Reporting on the government data, The Nation newspaper noted that the economic corridor, incorporating the provinces of Rayong, Chonburi and Chachoengsao, now has 30,954 residential projects as o...
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MBAM OneBuild – the leading construction and infrastructure technology trade show in Malaysia
- 25 November 2019
MBAM OneBuild is the only exhibition in Malaysia that exclusively focus on the construction and infrastructure industry. Malaysia International Construction & Infrastructure Technology Exhibition (MBAM OneBuild) took place from 29 – 31 October 2019 at Kuala Lumpur, marked its 8th successful editions this year. MBAM OneBuild 2019 managed to attract international participation from countries ...
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Construction on 69-storey condominium starts in Phnom Penh
- 25 November 2019
Chinese construction company, Morgan Ford, has invested US$600 million to build a 69-storey skyscraper along the Mekong River, in the central of Phnom Penh. Construction officially started this week on the 220-metre high 69-story condominium building, Morgan En Maison located on the Mekong River in Chroy Changva district, according to Ding Yongjun, managing director of Morgan Ford writing on thei...
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Government to spend US$30 million to modernise Calmette Hospital
- 25 November 2019
The government will spend US$30 million on renovating Calmette Hospital, along with tens of millions of dollars in funding to modernise the state’s leading hospital. Writing on his official Facebook page, Prime Minister Hun Sen said that “today, I decide to release US$ 30 million to continue building a 12-storey building that has already been built by the hospital for 17% of the project costing...
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Oknha Pung Kheav Se Receives Honorary Doctorate From Royal Academy of Cambodia
- 23 November 2019
On behalf of the Royal Academy of Cambodia, Prime Minister Hun Sen awarded an Honorary Doctor of Business Administration to Oknha Pung Kheav Se, renowned investor, in recognition of his great contribution to the socio-economic development of Cambodia. Samdech Techo Hun Sen at the inauguration on November 21 said that “Indra Devi building is a new achievement for the Royal Academy of Cambodia, a...
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US company sees potential of investing in energy sector in Cambodia
- 23 November 2019
The US ambassador to Cambodia has said that US company General Electric (GE) is interested in investing in Cambodia's energy sector, according to a Ministry of Commerce post on 22 November. In a meeting with H.E Pan Sorasak, Minister of Commerce, Ambassador W. Patrick Murphy said that in the short time he has been in Cambodia, he saw small and medium enterprises (SME) as an important driving fo...
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Four mining sites across nation to open for exploration
- 23 November 2019
Four mining sites in Cambodia will be opened for companies to explore, according to a letter published by the Ministry of Mines and Energy on 22 November. The ministry has called local and international firms to apply for a mining license in Stung Treng, Battambang, Kratie and Kampong Thom which stretch over a total of 216.77 square kilometres. These mining areas includes 1) the 49.25-square...
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Two potential districts future landed property in Phnom Penh
- 23 November 2019
Sen Sok is the district with highest volume of landed property projects with completed landed residential project numbers standing at 45 developments as of Q3 2019, according to a CBRE Cambodia report. Due to Sen Sok’s rapidly increasing land prices, as this district is now very close to the centre of Phnom Penh, the landed property development will seek other two potential districts. The repor...
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CSP Window’s international quality window frame supply and installation services growing in popularity
- 23 November 2019
With over 8 years’ experience in the market, CSP Window supplies and installs two types of window frames that are rapidly gaining popularity in the local and international markets. CSP Window currently supplies aluminium window frames that use European standards and also supplies u-PVC windows structures, which are imported from Germany. All CSP Window products are of high quality and the co...
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Cambodia Seeks Japan’s aid on Infrastructure Development
- 22 November 2019
Cambodian government through the Ministry of Public Works and Transports has asked Japanese government to help development the main projects in the sector of infrastructure, particularly building railway system in Phnom Penh and other projects in provinces. The appeal was made during a recent meeting between H.E. Sun Chanthol, Senior Minister and Minister of Public Works and Transports and H.E....
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Let’s Find Out! EP1: Why does Cambodia need to draft new construction law?
- 22 November 2019
<div class="youtube"> https://www.youtube.com/watch?v=wIZeR0FOMts&t=71s </div> In October, the National Assembly enact the draft new construction law after checking, and was approved by the cabinet during its plenary session. But you know why Cambodia is trying to draft the new construction law? And what great impacts will this new law have on Cambodia's growth? ...
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