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ខ្មែរ 
Macau Firm Plans New Casino Resort in Siem Reap
- 31 May 2018
Sample Photo: The Landmark Macau A Macau casino services firm named Macau Legend Development Ltd has recently revealed plans to invest in an integrated resort in Siem Reap province, according to GGR Asia. The integrated resort is likely to be a mixed-use development comprising casino space and non-gaming facilities, though there are no clear details on the project yet. However, according to ...
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Basic Tips to Evaluate Property Value by Yourself
- 30 May 2018
You might often wonder how others always make money from real estate investment or wonder why they always choose the right property to invest in. This is because they know how to evaluate property very well. However, property evaluation is not as complicated as you might think, and in fact, it is quite simple. Mr Sorn Seap, founder and CEO of Key Real Estate Co., Ltd., a real estate analyst, an...
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Prince Real Estate to Build Industrial Park in Kampong Speu
- 30 May 2018
Prince Real Estate Group is investing in the construction of an industrial park on more than 24 hectares of land along National Road No. 3 in Kong Pisei District of Kampong Speu province. Ground was broken on 28 May at the site of the business centre called Cam MJ Development Park Co., Ltd. When complete, it will be another major industrial and commercial complex for Cambodia located just 35 ki...
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Khmer-Chinese Cement Factory Opens Doors in Battambang Province
- 30 May 2018
Prime Minister Samdech Hun Sen presided over the inauguration ceremony of the Battambang Conch Cement Factory in Rotanak Mondol district, Battambang province on the morning of 31 May. Built on 316 hectares, more than USD230 million was invested in the factory by Chinese firm Conch International Holding (HK) Limited together with Cambodian company Battambang KT Cement Co.,Ltd. The new factory is...
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Indonesia Set to Abandon Major Infrastructure Schemes
- 30 May 2018
The Indonesian government is set to drop 14 major infrastructure projects worth an estimated USD19 billion if they are unable to pass a number of stress tests by the end of President Widodo’s current term. Hampered by a lack of progress, the projects include railways in Kalimantan and South Sumatra, plus several airports and seaports in Java. The targeted projects “have land (acquisition) pr...
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Over Usd84 Million Spent on Poipet-PP Rail Link Renovation
- 29 May 2018
The Ministry of Public Works and Transport launched a train service from Pursat to Battambang province on 29 May which is the third milestone for the ministry towards the goal of completing the Poipet - Phnom Penh line by July this year. Consuming government budget of USD17.1 million, the Battambang-Pursat line is 107 kilometres long with a total of 16 stops. The 48-kilometre Poipet-Serey Sopho...
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Cambodia Biggest Dam in Kratie: Build or Not Build?
- 29 May 2018
Sample Hydro-power Dam The proposed 2600-megawatt Sambor Dam in Kratie province backed by China has recently become a controversial topic both within and outside Cambodia after The Guardian reported on 16 May leaked data from a study showing that dam could 'literally kill' the Mekong river. The assessment was carried out by the Natural Heritage Institute, and the result has been kept secret ...
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PM: Khmer Becoming Smarter in Construction
- 28 May 2018
Speaking at the Grand Opening ceremony of the USD100 million Vattanac Capital on the weekend, Prime Minister Samdech Hun Sen said that Cambodia now is getting smarter in construction, which shows that Cambodia is positively moving forward. “In the past, on one hectare of land, we can build only about 2,000 to 5,000 square metres of the structure. But now with less than one hectare of land, we c...
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Minister: Cambodia Real Estate Industry Should Digitalise
- 28 May 2018
Minister of Posts and Telecommunications H.E. Tram Iv Tek has urged all business operators in Cambodia to digitalise their businesses in response to the fast-moving world, and real estate is one of the sectors in focus. The Minister made the statement while speaking on the topic of leveraging on IoT, AI, big data, and cloud computing during the Digital Transformation Workshop which was organise...
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PPSEZ Launches Sustainable Affordable Housing Design Competition
- 26 May 2018
The Phnom Penh Special Economic Zone (PPSEZ) has recently announced a competition for designs for 3,000 units of their affordable housing project for low-income workers. The competition is being hosted by the United Nations Development Programme (UNDP), in partnership with the Phnom Penh Special Economic Zone (PPSEZ) Plc and Building Trust International with the goal to improve the social, envi...
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Are Condotels the Future of the Cambodia Real Estate Industry?
- 25 May 2018
Real Estate in Phnom Penh City Condotel is a new concept to Cambodia where a development is mixed between a condominium and a hotel. Unlike hotels, where a corporation owns the whole hotel, in condotels each unit is sold separately similar to a condo. Condotels have hotel-like amenities and services – unlike conventional condominiums. Condotel units can be placed on a rental program with the...
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Cambodia to Demand Extra 1.1 Million Houses by 2030
- 25 May 2018
According to the government’s 2014 National Housing Policy, by 2030 an extra of 1.1 million houses will be needed to fulfill the demand of the population. Among that, Phnom Penh alone will demand about 800,000 houses. This statement has been mentioned and discussed in the EuroCham Cambodia breakfast talk on the affordable housing in Cambodia on May 24. Cambodia is currently having a populati...
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