Government Establishes Two Working Groups for Construction and Real Estate

Credit to acechamp.com The government has set up two working groups from the public and private sectors to find solutions for construction and real estate problems that might hinder businesses in these sectors. According to the two decisions dated on 25 March 2019 recently obtained by Construction & Property Magazine, the government has appointed two construction and real estate working ...

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Japan Provides Us$30 Million Grant for Construction of Water Treatment Plant

The Japanese government has agreed to provide a US$30 million grant to the Ministry of Industry and Handicraft to strengthen the capacity of the clean water supply system in Kampong Thom province, according to a press release from 27 March 2019. On 26 March 2019, H.E Cham Prasidh, Senior Minister and Minister of the Ministry of Industry and Handicraft, and Mr Arakawa Noriyuki, Director of Kubot...

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Bmam Expo Asia 2019 Opens Its Doors to the Technological Revolution for Facilities Management

IMPACT Exhibition Management Co., Ltd. (“IMPACT”) is to host the 12th edition of BMAM Expo Asia 2019 (“BMAM”), the international exhibition and conference on building maintenance and facilities management expo. Featuring cutting-edge solutions and a leading industry knowledge platform for modern facilities management, this trade exhibition will be held from 27 to 29 June 2019, Hall 6, IMPACT Exhib...

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Cambodia-Japan Friendship Bridge to Chroy Chongvar to Open on 3 April

Photo by Facebook Page Ministry of Public Works and Transport After two years of renovation, the Cambodia-Japan Friendship Bridge in Chroy Changva is set to open in April, according to the Ministry of Public Works and Transport (MPWT). Aimed at reducing traffic congestion around the Chroy Changva area where traffic can often be very heavy during the upcoming Khmer New Year, the opening cerem...

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Vietnam to Approve National High Speed Rail Link

Sample photo by NWC Vietnam Consulting railway Final plans for a US$56bn high-speed rail link between Hanoi and Ho Chi Minh are expected to be approved by the Vietnamese National Assembly in 2019. The 1,137km-long high-speed link would reduce travel time between the two cities from 30 hours to five and a half. The project was rejected by the National Assembly in 2010, on the basis that US...

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PM Pushes for Infrastructure Investment to Support Digital Industry

Prime Minister Samdech Hun Sen on 25 March 2019 during the 2019 Cambodia Outlook Conference: Digital Transformation Towards Industry 4.0 at The Great Duke Phnom Penh. Pushing for investment in infrastructure supports the digital sector, said Prime Minister Samdech Hun Sen on 25 March 2019 during the 2019 Cambodia Outlook Conference: Digital Transformation Towards Industry 4.0 held at The Great ...

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Water and Electricity Shortages Due to Booming Construction

The shortage of water and electricity across the country over the last few weeks is due to the sharp growth in construction, according to the government’s spokesperson unit. According to a press release dated 22 March 2019, the unit said that “this event [shortages] is due to the hot weather caused from changes in climate creating unusual water shortage combined with the sharp rise in consumpti...

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PM: Cambodia’s Construction Human Resources Must Strengthen Their Capacity

Prime Minister Samdach Hun Sen during the graduation ceremony at the Phnom Penh International University (PPIU). on 25 March 2019 Cambodia does not have enough human resources to work in the booming construction industry, said Prime Minister Samdech Hun Sen on 25 March 2019 during a graduation ceremony at the Phnom Penh International University (PPIU). "We have to strengthen our human resour...

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Ground broken on Phnom Penh-Sihanoukville expressway full of special features

After waiting more than 13 years, the Phnom Penh-Sihanoukville expressway finally saw ground officially broken by Samdech Techo Hun Sen, Prime Minister of Cambodia on 22 March 2019. Since this project represented the largest investment project in recent Cambodian history, it has been welcomed by many who are eager to know more details. This major infrastructure project is being undertaken thank...

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US$8bn Deal Creates Largest Real Estate Group in Asia

Photo: Yahoo finance Singapore-based real estate developer CapitaLand announced in January that it had reached an agreement with Temasek to purchase Ascendas-Singbridge Pte Ltd in a deal worth US$8bn that would create the largest diversified real estate group in Asia. Ascendas-Singbridge manages three listed trusts, Ascendas Reit, Singapore’s first industrial and business space trust; Ascend...

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Ground Broken on 40-storey Chief Tower

The Chief Tower in the heart of Phnom Penh JS Property International Co Ltd broke ground on their 40-storey Chief Tower commercial building on 21 March. “This project will be constructed on 1265 square metres, and is a 40-storey with 5-storeys underground parking, with a total investment of US$100 million to build this commercial building,” Sales Manager of JS Property International Co., Ltd...

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Land acquisition for expressway not for Chinese colonial purposes

Responding to criticism of the Phnom Penh-Sihanouk expressway project, Prime Minister Samdech Techo Hun Sen claimed that purchasing land from the people for this project is not for Chinese colonial purposes. Speaking at the groundbreaking ceremony of the Phnom Penh-Sihanouk Expressway on 22 March 2019, Samdech Techo Hun Sen told people not to believe such publicity. “This road is constructed...

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