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ខ្មែរ 
Skills gap highest in construction industry according to new report
- 10 August 2018
A new survey conducted by Cambodia’s National Employment Agency (NEA) in collaboration with the Swedish International Development Cooperation Agency (SIDA) showed that in 2017, the skills gap (when existing staff cannot perform up to the level required by employers) in the construction sector ranked the highest among ten business sectors. The report entitled "Skills Shortages and Skills Gaps in...
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Takeo Province Chosen for Digital Village Pilot Project
- 10 August 2018
The Republic of India has signed an agreement with the Ministry of Posts and Telecommunications selecting Traing District in Takeo province as the target location to implement a Digital Village pilot project. The information was disclosed while the Ambassador of India to Cambodia H.E. Ms. Manika Jain paid a courtesy call on the Minister of Posts and Telecommunications H.E. Tram Iv Tek in Phnom ...
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Ground broken on ADB-backed Kampot Tourist International Port
- 9 August 2018
Construction of Cambodia's Tourist international port in Kampot Province,funded by the Asia Development Bank (ADB),began on 8 August, 2018 with the Minister of tourism, Kampot Governor, representatives from ADB and almost 100 people attending the ground breaking ceremony. According to an official press release, the project will cover an area of 4 hectares, is being built by Cambodian engineerin...
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US$32 Million Cement Factory Announced for Sihanoukville Special Economic Zone
- 9 August 2018
Sample Photo of Cement Plant. Photo Credit: Himalayan Times King Elephant Construction Material Industrial CO., Ltd recently announced their plan to invest US$32.6 million to build a cement factory in the Sihanoukville Special Economic Zone in response to rising demand in the Cambodian market. After an official meeting between the company representatives and the Sihanoukville Deputy Governor...
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Win-win Memorial Set to Open in December
- 8 August 2018
The Cambodia’s peace symbol building “Win-Win Memorial” is set to inaugurate on the occasion of the 20th anniversary of the government's win-win policy which will take place on December 29, 2018, according Fresh News. On August 7, 2018, deputy Prime Minister and Minister of National Defense H.E. General Tea Banh, had attended the meeting to follow up on the progress of the construction of the “...
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Angkor Wat Ranked as #1 Landmark in the World by Tripadvisor
- 8 August 2018
The renowned online worldwide travel planning company TripAdvisor recently announced the winners of its Travellers’ Choice Award for Landmarks in the World and Angkor Wat Temple in Cambodia was ranked #1 for its magnificent historical architecture. This is second consecutive year for Angkor Wat to receive this award and it will be officially conferred on the monument by TripAdvisor on 9 August ...
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Think Tank Urges Private Sector to Provide More Internships for Construction-related Jobs
- 7 August 2018
Experts in different government and private institutions have called for more internships and training programmes for students and workers, especially for construction-related jobs. This campaign was called for during a half-day seminar held under the theme of “Partnership for Work-based Learning: Experiences and Possibilities” organised bythe Cambodia Development Resource Institute (CDRI) at t...
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Phnom Penh Office Market Remains Robust in Q2
- 7 August 2018
Office Supply in Exchange Square. Photo Credit: Exchange Square Despite the decrease in total supply by 3.3 percent in Q2, the Phnom Penh office market remained robust with an overall occupancy rate of 87.7% - a 5% increase from Q1 - according to a report by CBRE Cambodia. The decrease in supply was caused by the closures of aging stock in the Grade C sector as landlords sought to refurbish ...
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Kampot deep seaport plans put China’s rising role in perspective
- 6 August 2018
Sihanoukville Autonomous Port The construction of a new deepwater seaport in Kampot is currently undergoing a feasibility study, following the agreement signing ceremony between a Cambodian company and a Chinese firm in April this year. The new deep water seaport is a cooperation between China’s Guangxi Beibu Gulf International Port Group and the well-known Try Pheap Group from Cambodia. Acc...
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NBC: Construction Sector Strength Driven by Three Factors
- 6 August 2018
According to the semi-annual report from the National Bank of Cambodia (NBC), three factors have driven the growth in the construction sector. The first factor is market growth in construction raw materials which increased 27% in the first six months of 2018. The second factor is the increase of credit for the construction sector increased by 30%. Indeed, credit for the construction sector r...
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Will the Construction and Property Sectors Slow in the Next Five Years?
- 6 August 2018
As thereal estate industry booms and development projects continuing to rise throughout the country, especially in Phnom Penh, the International Monetary Fund (IMF) has forecast that the sector may decline in the next five years. On 2 October, 2018, the IMF released a preliminary economic report showing that Cambodia's economy will continue to grow at high rate over a period of between two to t...
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Phnom Penh’s Evolving Retail Establishments
- 4 August 2018
With an official population of close to 2 million and a growing middle class, coupled with economic growth and changing consumer behaviors, Phnom Penh’s retail property market has been very dynamic over the past five years. The retail scene has evolved to encompass newer formats and concepts. The most recent milestone has been the emergence of new community malls for the retail developments. TK...
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