English 
ខ្មែរ 
Cambodia Needs Over 100,000 Hotel Rooms by 2030
- 3 September 2018
Minister of Tourism H.E Thong Khon, has forecast that Cambodia will need more than 100,000 hotel rooms to accommodate the increasing number of national and international tourists which is expected to total to around 28 million by 2030. According to the minister, among the 100,000 rooms, 60% of them will require luxury four and five-star hotels (about 60,000 rooms) with Sihanouvkille Province al...
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Savills’s Forum Showcases Investment Opportunities in Hotel and Hospitality Industry
- 3 September 2018
On 29 August, 2018, Savills Hotel APAC organised a panel discussion where experts presented key trends in the hotel and hospitality industry as well as investment opportunities in Cambodia. Held at Sofitel Phnom Penh Phokeethra, three guest speakers specialising in the field of hotel and hospitality were featured namely Mr Mauro Gasparotti from Savills Hotel, Mr Christian Puchher from Hilton Wo...
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Chip Mong Breaks Ground on 271 Mega Mall
- 1 September 2018
Chip Mong Retail, a subsidiary of Cambodian conglomerate Chip Mong Group, held a groundbreaking ceremony on 30 August for its first-ever world-class shopping center Chip Mong 271 Mega Mall located along Yothapol Khemarak Phoumin Blvd (271). The 271 Mega Mall covers a total area of 160,000 square meters (about 16 hectares) offering a mix of different lifestyle brands, products, services, as well...
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Malaysian PM Pulls the Country Back From Infrastructure Plans With China
- 31 August 2018
Photo by World Economic Forum Malaysian Prime Minister Mahathir Mohamad continues to indicate his plans to abandon the multi-billion dollar Chinese-sponsored infrastructure program agreed to by previous PM Najib Razak. PM Mahathir has already suspended almost US$25 billion of Chinese projects including the $20 billion East Coast Rail Link and two huge petroleum pipeline projects. His rati...
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Eurocham’s Breakfast Talk Marks a Milestone on Energy Outlook
- 31 August 2018
The European Chamber of Commerce in Cambodia (EuroCham Cambodia) organised a Breakfast Talk regarding “Bloomberg’s 2018 New Energy Outlook” on 30 August 2018, bringing an in-depth understanding on how low-cost energy options are reshaping energy investment plans. Held at Raffles Hotel Le Royal, Phnom Penh, the event brought guest speakers from Bloomberg New Energy Finance (BNEF), Investing in I...
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Maruhan Group inks construction deal with Lotte E & C
- 30 August 2018
Japan-based entertainment conglomerate Maruhan Group has signed a contract with Lotte Engineering & Construction Co., Ltd (Lotte E & C) for the construction of Sathapana Bank Plc’s new head office. On 29 August 2018, Maruhan Investment (Cambodia) Co., Ltd, subsidiary of Maruhan Group (owner of Sathapana Bank Plc) signed a contract agreement with Lotte E & C for the 22-storey, 103-me...
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Real Estate Agent Vows to Improve Quality of Property Valuation
- 30 August 2018
With the new strategic partnership between leading real estate company Cambodia Properties Limited (CPL) and Vietnam MB Bank, the quality of property valuation in Cambodia is stepping up to another level. Speaking during the signing ceremony of the strategic partnership cooperation on property valuation on 28 August, Oknha Cheng Kheng, CEO and chairman of CPL vowed to provide the best appraisal...
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Minister Requests Support for Flyover in Stung Bot
- 29 August 2018
Sample photo by Wikimedia Commons In a bid to ease traffic around the Stung Bot border checkpoint, H.E. Sun Chanthol, Senior Minister and Minister of Public Works and Transport (MPWT) has asked Japan to support the construction of a flyover at the Stung Bot intersection. Therequest was made during a meeting between H.E. Sun Chanthol and the Japan International Cooperation Agency (JICA) missi...
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Government Approved Chinese Mega Development Project Along the Riverside
- 29 August 2018
The Council for the Development of Cambodia (CDC) has approved the investment project located along the Tonle Sap River that was requested by Chinese real estate developer, Chean Chhoeng Thai Group, a subsidiary of Yuetai Group. Called “The City Gate” mega commercial complex, the investment project will cost Chean Chhoeng Thai Group US$531.6 million and can create additional 21,684 jobs for the...
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EDI Port Project Set to Finish by 2021
- 28 August 2018
The project for the Electronic Data Interchange(EDI) system for ports in Cambodia is set to be operational by 2021, according to Dr Masahiko Furuichi from the Japan International Cooperation Agency (JICA) mission team. In a meeting with Senior Minister and Minister of Public Works and Transport (MPWT) H.E. Sun Chanthol on 27 August, Dr Masahiko Furuichi said that the Japan-funded port EDI proje...
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Phnom Penh to Become Trade Hub for Foreign Investors
- 28 August 2018
With massive building projects emerging and sustained growth, Phnom Penh is becoming a trade hub for foreign investors, according to H.E. Men Sam An, Deputy Prime Minister and Minister of National Assembly and Senate Relations and Inspection. Speaking in front of 42-Chinese business delegates during the Tianxia Chaoshang Economic Conference on 26 August, H.E. Men Sam An highlighted the success ...
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SCG Contractor Matching Platform to Improve Construction Industry
- 27 August 2018
Cement and building material company Siam Cement Group (SCG) has launched a construction matching platform to improve construction industry standards in Cambodia. Called SCG Contractor Matching Services, the platform allows homeowners and developers to find the right contractors and building materials for their project. Once customers register with the programme, the company will search for qua...
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