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ខ្មែរ 
Korea to Establish Institute of Construction Technology in Cambodia
- 19 September 2018
In order to help improve the standard of road construction in Cambodia, Korea is planning to build an Institute of Construction Technology for Cambodia, according to the outcome from a fact finding visit to Korea by Cambodian delegates on 18 September 2018. The Korean government, through its Korean Institute of Construction Technology (KICT) based in Seoul, has shared the draft of the plan to e...
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Singapore Real Estate Firm Eyes Cambodia’s Hotel Market
- 19 September 2018
Ascott Limited, a Singapore-based serviced residence owner-operator, is keen to expand its business hotels into Southeast Asia with Cambodia being one of the company’s immediate targets, according to their press release. With the rapidly growing economy across the ASEAN region, Ascott plans to add another 20,000 keys over the next five years. This will increase the company’s hotel portfolio to ...
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Prime Minister Samdech Techo Hun Sen Orders U-turn on Prek Treng Beach Development
- 18 September 2018
H.E Chea Sophara, Deputy Prime Minister and Minister of Ministry of Land Management Urban Planning and Construction (MLMUPC), and his team inspected the coastal land at Prek Treng in Sihanoukville Province on 18 September and ordered a U-turn on the development of Prek Treng Beach as ordered by Prime Minister Samdech Techo Hun Sen, according to an official press release. The move came as a resu...
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South Korea Keen to Help Cambodia on Systematic Infrastructure Development
- 18 September 2018
The Republic of Korea is keen to help Cambodia on Systematic Infrastructure Development, according to H.E Kim Hyun Mee, Minister of Land, Infrastructure, and Transport of the Republic of Korea. In a meeting with H.E. Sun Chanthol, Senior Minister and Minister of Public Works and Transport held on 17 September, H.E Kim Hyun Mee said that Korea is willing to support the Royal Government of Cambod...
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Inappropriate Renovations Cause Building to Collapse in Siem Reap
- 17 September 2018
The collapse of a French colonial building on Sunday in Siem Reap during renovations was caused by an inappropriate renovation and a lack of construction techniques, according to a government official. Speaking with The Phnom Penh Post, head of the Siem Reap land management officer Mr Sar Chan Phallin said that the building collapsed due to “inappropriate renovations” while citing that the cont...
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Taiwan Firm Acquires Royal Group’s Cellcard Finance Plc
- 17 September 2018
Taiwan financial leasing firm Chailease Holding has acquired 60% of Royal Group’s Cellcard Finance PLC, Cambodia’s diversified business conglomerate, according to an article published by The Taipei Times on 17 September, 2018. Announced on Thursday, the deal was made as part of Chailease Holding’s expansion plan into the Southeast Asia market, said Chailease Holding Chairman Mr Albert Chen. ...
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Siemens and Bentley Systems strengthen their strategic alliance and joint investment initiatives
- 14 September 2018
Photo: #YII2017 In the companies’ latest Alliance Board meeting, Bentley Systems and Siemens decided to further strengthen their strategic alliance. The two companies have decided to extend their existing agreement, to further develop their joint business cooperation and commercial initiatives. Therefore, the joint innovation investment program will be increased from the initial €50 million fundi...
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Cambodia Signs 12 Mous With China Worth More Than Us$80 Million
- 14 September 2018
The Ministry of Commerce (MoC) signed 12 memoranda of understanding (MoU) with China during the 15th China-ASEAN Expo on 13 August worth more than US$80 million. According to the MoC, the comprehensive agreements will cover cooperation in key areas including: 1) Business-to-Business 2) Human resource training for tour guides and engineering (high-speed railway, hydropower dams and irrigation sy...
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Cambodia’s Economy to Grow at 7.2% Driven by Strong Construction Activities
- 13 September 2018
The ASEAN+3 Macroeconomic Research Office (AMRO) has forecast that Cambodia’s economy is to grow at 7.2% in 2018, supported by strong construction activities and other important sectors such as garment manufacturing and tourism-related services. The forecast came as a result of AMRO’s preliminary assessment following its Annual Consultation Visit to Cambodia on September 4 to 12, 2018. “Camb...
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Cambodian-made Roof Tile “KRock” Goes International
- 12 September 2018
Photo by Krock With the increasing demand by the construction industry for high-quality roof tiles, leading Cambodian roof tile brand Khmer Rock (KRock) is expanding its supply chain into the Southeast Asian market. In an exclusive interview with Construction & Property Magazine, Mr. Bun Nara, Managing Director of KRock Manufacturing Co.,Ltd, said that the company is planning to expand i...
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China Dominant in Cambodia Property and Tourist Sector
- 12 September 2018
A new report by Business Times shows that China is driving Cambodia’s property and tourism sector with massive investment expected to continue flowing into the country. Entitled “China Drives Cambodia’s Booming Property Market And Tourism Sector”, the report highlights the rapidly increasing Chinese investment in Southeast Asia, especially in Cambodia as well as the high numbers of Chinese tour...
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Ministry of Land Management Creates New Call Centers for People
- 11 September 2018
In order to provide efficient public services, the Ministry of Land Management Urban Planning and Construction (MLMUPC) has launched three call lines making it easier for people to contact the ministry. The three lines are 023 677 5777, 089 788 927 and 089 788 928. The MLMUPC continues to provide many services for the public. Recently, with the rapidly increasing numbers of construction projec...
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