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ខ្មែរ 
Tourism City, a Stunning Project by Canadia Group Showcases a Modern Lifestyle in the Heart of Siem Reap
- 10 January 2019
Tourism City, is a stunning showcase of modern lifestyles located to the east of Siem Reap city which was launched last December. Developed by the Canadia Group and financed by Canadia Bank Plc, the project is one of the biggest in the tourism capital of Cambodia. Stretching over 66 hectares of land along National Road No. 6 next to Makro shopping mall Siem Reap, Tourism City is the result of a...
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Samdech Hun Sen: National Road No.2 Nearing Construction
- 9 January 2019
In order to facilitate trade as well as attract more investors, the government is preparing for the ground breaking of the rehabilitation of National Road No.2, according to SamdechTecho Hun Sen, Prime Minister of Cambodia. Speaking at a meeting with factory workers in Takeo province on January 9, 2019, SamdechTecho Hun Sen said that construction on National Road No.2 will soon begin. Samdec...
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Seat Installation Begins at Chinese-funded Morodok Techo Stadium
- 9 January 2019
Installation of the concrete spectator seating has begun at the Morodok Techo National Stadium following 16 months of extensive construction work. The Morodok Techo National Stadium is located in Prek Tasek, Khan Russey Keo, Phnom Penh and is to be the venue for the 2023 ASEAN Games. On 09 January, 2019, the China State Construction Engineering Corporation (CSCEC), the company responsible for t...
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What Does Digital City Mean for City Management?
- 8 January 2019
Credit to wrld3d.com https://youtu.be/6QU61AnMobo Climate change, population growth, and technological advances are partly contributing to changes in the landscape of city management to be more efficient. Meanwhile, the term Digital City is now becoming popular across the globe, but what does Digital City mean? Construction& Property Magazine recently met with a representative of worl...
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Phnom Penh-Sihanoukville Expressway Remains on Course
- 8 January 2019
The US$2 billion Phnom Penh-Sihanoukville Expressway project is moving forward without any changes, according to the Ministry of Public Works and Transport (MPWT). On 08 January, 2019, H.E. Va Simsorya, spokesman for MPWT told Construction&Property Magazine that the highway construction project remains on course. “This project will start construction, but we do not know the exact date fo...
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Phnom Penh Condominium Market to See Sharp Change in 2019
- 7 January 2019
The Phnom Penh condominium market is set to see a sharp change in 2019 with supply now shifting towards the affordable segment, according to one of Cambodia’s leading real estate firms. In a recent market review report on condominiums, CBRE Cambodia said that the delay in condominium completion in quarter 4 of 2018 will causes an upward trend in condominium stock within the first and second qua...
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‘construction and Real Estate Sector Will Not Fall in 2019’
- 5 January 2019
With Cambodia's economic growth partly dependent on the construction and real estate sector, predictions remain healthy for 2019, despite a decline in capital investment in 2018. The recent macroeconomic report from the National Bank of Cambodia (NBC) outlined some of the risk factors for Cambodia's economy, including stronger reliance on construction and real estate as the sectors contribute o...
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Construction of Ring Road No.3 Brings Hope for Land Prices
- 4 January 2019
The announcement of the construction of Ring Road No.3 connecting National Road No.4 to National Road No. 1 is bringing higher hope for land prices in those areas. According to H.E Vasim Sorya, spokesman of the Ministry of Public Works and Transport (MPWT), upon receiving US$259 million concessional loans from EXIM Bank of China, Ring Road No.3 is to officially begin construction on 14 January ...
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Deal for Prey Veng Jurassic Theme Park Scrapped
- 4 January 2019
Sample photo by Shenghung Lin The joint venture responsible for the planned Jurassic Theme Park in Prey Veng Province has announced that the project is to be scrapped with Malaysian investment firm, MQ Technology Berhad pulling out of the deal with Cambodia Resort and Entertainment (CRE). According to an announcement made on the Bursa Malaysia stock exchange on 02 January, 2019, MQ Technolog...
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Design and Construction Firms Listed in Kingdom Rises
- 3 January 2019
The booming construction industry in Cambodia is currently attracting more and more design and construction firms which have now reached more than 2000. According to a report from the Ministry of Land Management Urban Planning and Construction (MLMUPC) releasedin late December 2018, the total number of registered design and construction companies in the Kingdom reached 2,294 over the last 18 ye...
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Foreign Investment Driving Vietnam Property Market
- 3 January 2019
Vietnam’s booming residential property market has seen foreign investors account for the majority of all large property transactions in 2018, according to CBRE. In an interview given to local Vietnamese mediaVNA, Vikram Kohli, Regional Managing Director of Southeast Asia for CBRE, explained that 50% of all residential deals in Vietnam this year have been from Asian investors. Investors from Sin...
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60-megawatt Solar Power Plant Being Built in Cambodia
- 2 January 2019
Sample photo by Pixabay As the world shifts toward investment in renewable energy, Cambodia is also diversifying its energy sources toward solar power. Cambodia is now preparing to get see a huge solar power plant come online in the near future thanks to an investment by local electric power technology provider SchneiTec Group. Located in Kompong Speu province,the plant will have the capaci...
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