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ខ្មែរ 
Prince Begins Construction of Major Project in Sihanoukville
- 16 October 2018
Sample photo Construction officially began over the weekend on a major development project in Sihanoukville Province by Prince Real Estate Group. According to a post on Prince’s Facebook’s page construction began on the 16.3-hectare Prince City Center development project. The project, which covers a total construction area of 700,000 square metres is approximately 800 metres from t...
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Song Saa Reserve, Cambodia’s Largest Eco-tourism Area Opens for Investors
- 16 October 2018
Cambodia's largest eco-tourism area ‘Song Saa Reserve’ has officially opened its doors for investors following a media briefing at Rosewood Phnom Penh organised by property developer Song Saa Collective and real estate firm CBRE Cambodia. Located near Banteay Srey Temples in Siem Reap Province, the luxury ‘Song Saa Reserve’ development project will cover more than 125 hectares of land plus a 80...
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Aeon Officially Announces Location of Third Mall
- 13 October 2018
Japan shopping mall developer AEON MALL Co.,Ltd has officially announced the location of its third mall in Cambodia. According to a press release from the company in early October, 2018, the third shopping mall tentatively called AEON MALL Cambodia No.3 will be located in the heart of ING CITY, about 8 kilometres away from Phnom Penh. The mall with sit on a total area of 174,000 square metre...
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MLMUPC Builds Support for Construction Safety Handbook
- 12 October 2018
Photo by Vice The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has called all relevant stakeholders in the construction sector to jointly promote work safety in the construction sector. Earlier this month, Mr Chiv SivPheng, Director of the Ministry of Land Management's Construction Technical Research Department, called on all relevant stakeholders to provide assistan...
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How Convenience Stores and Minimarts Shape Retail Markets
- 12 October 2018
The retail sector in Cambodia has been buoyed by ongoing economic growth, but retailers in Cambodia have been slower to modernize and the country remains as one of the most unsaturated convenience-store markets in Asia. Per-capita income is growing around 7% per year though in Cambodia, and approaching the US$1,500 level. Benefiting from that growth and rapid urbanization, I believe the number ...
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Chip Mong’s New Plant Focusing on Southern Phnom Penh Development
- 11 October 2018
A newly-built Chip Mong Industries concrete factory in Cheung Ek is set to capitalize on the rapid development in the southern part of Phnom Penh. Speaking with Construction&Property Magazine on 11 October, 2018, a representative from Chip Mong Industries said that the new concrete factory was built as the company saw sales momentum and the development of a modern construction sector in the...
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Ministry of Land Management to Set Measures for “land-price Updates”
- 11 October 2018
As land prices increasingly rise across the country, the Ministry of Land Management Urban Planning and Construction (MLMUPC) has announced plans to introduce a “land-price update”, according to an article published by sabay NEWS on 09 October, 2018. According to the same source, H.E Chea Sophara, Deputy Prime Minister, Ministry of Land Management Urban Planning and Construction (MLMUPC), said:...
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Ministry of Environment to Organise Green Housing Competition
- 5 October 2018
The Ministry of Environment is to organise a competition on designing sustainable housing. According to a post on the Ministry of Environment Facebook page on 3 October, 2018, H.E Say Samal said that “the ministry will consider organising a competition among boreys and to encourage to those who care about and love the environment”. The statement was made during a meeting with owners of boreys ...
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Samdech Hun Sen Abandons Plan to Create Two More Provinces
- 5 October 2018
Samdech Prime Minister Hun Sen has abandoned the plan proposed by the Ministry of Interior after the general election to create two more provinces, according to a live video on Samdech’s Facebook page. On 5 October, 2018, Samdech Hun Seno rdered Council of Ministers officials to issue a government letter announcingthe end of the feasibility study regarding the creation of two more administrativ...
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Authorities call Preah Sihanouk construction site owners to public meeting on safety
- 4 October 2018
The Ministry of Land Management Urban Planning and Construction (MLMUPC) in collaboration with the Preah Sihanouk Provincial Administration have held a public meeting on construction safety and quality with around 195 construction site owners attending, according to the Preah Sihanouk Provincial Administration. During the 4 December meeting, H.E Lao Tip Seiha, Secretary of State of the MLMUPC i...
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Kampot Infrastructure Investment Fund Plans Feasibility Questioned
- 4 October 2018
Sample photo by Wikipedia The feasibility of plans by the governor of Kampot to construct a high-speed rail link to Phnom Penh, have been questioned by an expert from the Ministry of Public Works and Transport (MPWT). On 4 October, 2018, MPWT spokesperson H.E Vasim Sorya told Construction&Property Magazine that “construction of high-speed railways costs on average between US$7-US$8 milli...
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IMF Cautions Cambodia on Credit in Real Estate Sector
- 3 October 2018
Cambodia needs to be more cautious about credit in the real estate sector, according to the end-of-mission press releases issued by the International Monetary Fund (IMF) on 2 October, 2018 regarding the preliminary findings of the “2018 Article IV consultation”. The preliminary findings (not the views of the IMF’s Executive Board) of the 23-day mission 19 (September to 2 October, 2018), show th...
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