US$295 million investment plans approved for five-star hotels and solar farms

More than US$295 million in investment plans have been approved for the construction of two five-star hotels in Sihanoukville province and two solar farms in Pursat and Kampong Chhnang provinces. The Council for the Development of Cambodia (CDC) gave the greenlight on 29 August to Hai Gang Grand Hotel Co., Ltd to construct a five-star hotel with 900 rooms located in village 06, Sangkat 04, Siha...

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‘Unique-smart tourist destination’ designated for Bokor mountain by 2035

The government will transform Bokor Mountain in Kampot province into a ‘unique-smart tourist destination’ by 2035 using several development strategies announced via a dissemination workshop on the Land Use Master Plan for the Bokor City Development Project held on 29 August. H.E Chea Sophara, Deputy Prime Minister and Minister of Land Management, Urban Planning, and Construction, made a call fo...

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Cambodia’s listed design and construction firms increase by 20% year on year since 2018

The number of local and international design and construction firms in Cambodia increased by more than 20% in July 2019 compared to the same period in 2018, according to a report by the Ministry of Land Management Urban Planning and Construction (MLMUPC). According to the data Construction & Property Magazine obtained on 29 August, in July 2019, the ministry listed 53 design and constructio...

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Has-architecture wins design competition with 485m MGN tower in Phnom Penh

Architectural firm Has-architecture has won a design competition for the 485m high MGN tower along Norodom Boulevard in Phnom Penh. The MGN tower will be the local headquarters of MGN Bank, an office and a hotel and is set to be the second-highest skyscraper in Cambodia once completed. The global architecture archive website aasarchitecture reported that Has-architecture, together with local...

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Deal signed for ‘Dragon City’ development in the 2,500-hectare ING City

A deal between Cambodian and Hong Kong firms to develop ‘Dragon City’ was signed on 27 August, which will turn 5.4 hectares of land in ING City into a commercial complex, according to a press release. Held at the Sofitel Phnom Penh Phokeethra, the deal was signed between Cambodian developer ING Holdings Co., Ltd and Hong Kong-based Causeway Bay Group together with SINO BAY Construction Investme...

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International firms eye waste-to-energy plant in Sihanoukville

International firms from Singapore and Malaysia are looking to invest in waste-to-energy plants in Sihanoukville province, according to a 27 August meeting between the companies and the provincial governor. The investment plan was revealed by Mr Dato Mah Kaseng, Director of Ric Natural Development Plc and Sihanoukville Provincial Governor H.E Kuoch Chamroeun. According to a Facebook post fro...

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Hydropower dam projects proposed in Koh Kong

China Huadian Lower Stung Russei Chrum Hydroelectric Project (Cambodia) has proposed two hydropower dam projects in Koh Kong province to the government, after the company completed the feasibility study. The company presented the results of feasibility study on the two projects which are capable of generating 170MW to the Ministry of Mines and Energy for checking and discussion in a meeting hel...

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Ministry of Tourism to designate Koh Seh of Kampot as ‘special tourist destination’

The Ministry of Tourism is studying the feasibility to develop Koh Seh in Kampot province as a 'special tourist destination' covering an area of more than 500 hectares, following the recent decision by the government to develop special tourist destinations. Ministry of Tourism spokesperson Mr Chuk Chumnor told Construction & Property Magazine on 27 August that Koh Seh in Kampot has great po...

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Cambodia received over US$500 million financing aid from Japan in the past three years

According to the Ministry of Economy and Finance, Cambodia has received a total of US$550 million in Official Development Assistance (ODA) from Japan over the past three years, most of which has been spent on infrastructure development. This statistic was announced during the farewell meeting for the Japanese ambassador to Cambodia H.E. Hidehisa Horinouchi with the Finance Minister H.E. Aun Por...

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14 construction sites in Sihanoukville to be demolished

Sihanoukville provincial hall spokesman Kheang Phearom has announced that 14 construction sites across the province are to be demolished following an inspection by provincial officials and the construction committee. The inspection was conducted after the recent collapse in June 2019 of the seven-storey building in Sihanoukville that killed and injured more than 40 people. According to Mr Kh...

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US$25 million needed for drainage system in Sihanoukville province

To avoid flooding during heavy rains, Sihanoukville will need about US$25 million to build a drainage system, according to the recent draft master plan. The result was presented at a workshop on the results of a feasibility study of the Master Plan for Wastewater Management in Sihanoukville on 24 August. Speaking to reporters after the seminar, H.E Sun Chanthol, Minister of Public Works and Tra...

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Phnom Penh to welcome another Chinese-owned mall by late 2019

Another Chinese-owned community mall, The One Mall, is scheduled to open by December 2019 replacing the old container market nearby Diamond Island, according to an announcement by the project owner on 22 August. Located nearby the Russian Embassy in Sangkat Tonle Bassac, Chamkarmon district, The One Mall will be a 3-storey mall built on 12,000 square metres of land. The mall will comprise of...

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