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ខ្មែរ 
ADB to Help Cambodian Youth on Construction Skills
- 12 December 2018
In a bid to help develop Cambodia human resources, the Asia Development Bank (ADB) has decided to continue providing additional assistance to Cambodian youth on several vocational skills, especially related to construction. The announcement was made on Facebook post of H.E Dr Ith Sam Heng, Minister of the Ministry of Labour and Vocational Training (MLVT), on 12 December, 2018. As quotedon the F...
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Singapore Firm Terminates Us$11 Million Hotel Deal in Sihanoukville
- 12 December 2018
Singapore-based real estate developer Hong Lai Huat has decided to terminate its sales and purchase agreement of its first hotel project in Sihanoukville, according to an announcement on the Singapore Exchange (SGX). According to the announcement dated 11 December, 2018, PH One Development, a subsidiary of Hong LeaiHuat decided to terminate the sale and purchase agreement of the D'HotelSeaview ...
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Us-based Firm Submits Proposal for Affordable Housing Project in Cambodia
- 11 December 2018
Affordable housing has become one of Cambodia's most important issues in addressing housing shortages, and the United Nations Development Programme (UNDP) recently laid out a design competition for a 3,000 unit affordable housing project for low-income factory workers. US-based architectural firm qastic lab has participated in the competition with a design concept that is suitable for the const...
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Land Plot Development Boom a Concern for Cambodian Economy
- 11 December 2018
Despite the business of developing land plots continuing to show great potential in the local market, the activity nonetheless poses a concern for Cambodia's economy. A recent World Bank report 'Cambodia Economic Update' highlights a concern for the financial sector in Cambodia with the buying and selling of propertyamong the issues raised. The report also pointed out the increases in both r...
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Sewage System Project Supported by World Bank Loan Underway
- 8 December 2018
Construction on a sewerage system project supported by a World Bank loan is in progress, according to the Ministry of Public Works and Transport (MPWT)'s Facebook page. On 6 December, 2018, the General Department of Public Works conducted a meeting attended by multiple relevant agencies regarding the provisions of connecting public drainage and the technical issues involved. As quoted on the...
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Japan Cooperates With and Challenges China Over Asia Infrastructure Influence
- 7 December 2018
Japan and China have agreed to cooperate on the highly competitive railway infrastructure sector in the Asian region, while Japan has unilaterally pledged support for 150 projects in the region in a bid to curb Chinese dominance via its One Belt Initiative (OBI). The two nations plan to agree to enter into 20-30 joint ventures in the rail infrastructure sector, after the two nations have repeat...
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New Chip Mong Factories to Boost Cambodia’s Industrial Sector
- 7 December 2018
One of Cambodia largest conglomerates, the Chip Mong Group, has showcased its ambition to lift Cambodia’s industrial sector through the establishment of two new factories. On 7 December, 2018, Chip Mong Industries, a subsidiary of Chip Mong Group officially opened two new factories producing roof tiles and PVC pipes located in Dangkor District, Phnom Penh. The roof tile and PVC pipes factori...
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Deal Signed for Cambodia-singapore Mixed-use Development Project
- 7 December 2018
A joint venture development project in Toul Kork District between Neak Oknha Kith Meng’s company and a Singaporean firm has been officially signed. Earlier this month, Cambodia’s largest conglomerate Royal Group signed a joint venture agreement with HLH Development Pte Ltd, a subsidiary of Singapore's Hong Lai Huat. The two companies will jointly develop the project covering 8,221 square met...
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Construction of Sihanoukville First Shopping Mall Begin
- 6 December 2018
As Sihanoukville sees the rapid growth in larger-scale buildings, construction on the city’s first shopping mall has also begun. On 6 December, 2018, Ms Lim Sokha Davin, sales manager for Furi Real Estate said that construction of Sihanoukville’s first shopping called Furi Times Square had already begun. “Construction of the mall begun sometime in November,” she said, adding that the company...
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Luxury Japanese INAX Toilets Proving Popular With Developers
- 6 December 2018
The development of the construction sector has created a surge in demand for construction materials in Cambodia, and created an influx of high quality materials from countries across the globe. In particular, construction materials imported from Japan have attracted attention from construction companies and real estate developers in Cambodia due to their outstanding quality and the use of moder...
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China to Build Underwater High-speed Rail Line
- 5 December 2018
In a bid to boost tourism and trade, China is to build its first underwater high-speed rail line connecting Shanghai to Zhoushan, according to CNN. According to the same source, the Chinese government gave the green light for the 77-kilometre long underwater high-speed rail line project in November. As claimed by CNN, this new rail line will feature construction of new track of up to 70.92 k...
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Renowned Cambodia Investor Still Optimistic on Construction Sector Prospects
- 5 December 2018
Despites a decrease in investment for construction sector in 2018, renowned Cambodia investors remain optimistic about the construction and real estate sectors in Cambodia. At the recent construction exhibition organised by the Cambodia Constructors Association (CCA) Neak Oknha Pung Keav Se, Chairman of Canadia Bank and Overseas Cambodia Investment Corporation (OCIC), expressed his optimism abo...
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