Thai Boon Roong Twin Towers Break Ground on First Phase

Thai Boon Roong Twin Tower The management team of 133-storey Thai Boon Roong Twin Tower World Trade Center project on 19 March presided over the ground breaking ceremony of the first phase of construction. According to a co-architect of the project Tous Saphoeun, this was the ground breaking ceremony of the underground structure construction and building wall to prevent landslides. “As th...

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Construction Projects in Cambodia Increase by 22 Percent in 2017

3,052 construction projects were recorded in Cambodia in 2017 representing an increase of 22.31 percent year on year from 2016, according to the annual report by the Ministry of Land Management, Urban Planning and Construction (MLMUPC). In 2017, construction projects were listed as being underway on a total area of more than 10 million square metres with the estimated investment value of around...

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Thailand Facing Increase in Unsold Condos

45,000 unsold condominium units were recorded on the Thai property market in 2017 according to a report from analysts Colliers International and reported in the Bangkok Post. Developers’ need to register gains each quarter has pushed their launches forward despite sluggish sales resulting in a glut of supply. "[Developers] also tried to sell to foreign buyers and investors before selling to ...

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PropertyGuru Cambodia Property Awards 2018

PropertyGuru last night held an awards ceremony at Sofitel Phnom Penh Phokeethra to announce the winner of PropertyGuru Cambodia Property Awards 2018. The Best Developer Award for this year again goes to Borey Peng Huoth Group, the two-time winner of the Best Developer accolade. Borey Peng Huoth Group will then advance to the 8th PropertyGuru Asia Property Awards Grand Final, which will be h...

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SCG, Labour Ministry launch 2nd National Contractor Competition to upskill local builders

SCG, a leading ASEAN conglomerate, kicked off the second SCG National Contractor Competition in collaboration with Cambodia’s Ministry of Labour and Vocational Training and a number of leading vocational training schools on Thursday 28 November. Some 40 contractors, selected from among over 200 applicants who took part in the provincial rounds of competitions organised by SCG and its partners, ...

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Loo Pram Water Drainage Pumping Station Breaks Ground

Phnom Penh City Governor Khuong Sreng this morning presided over the official ground breaking ceremony of the construction of the Loo Pram water drainage pumping station in Mean Chey District, to help solve the flooding in the area during the rainy season. Located in Danak Thom 2 village, Mean Chey 3 sub-district, this upcoming station will help relieve flooding across approximately 1,028 hecta...

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Usd13 Million Koh Pen Bridge Officially​ Opened

Koh Pen Bridge. Source: SPM Page Cambodia Prime Minister Samdech Hun Sen this morning presided over the inauguration ceremony for the official opening of Koh Pen Bridge in Kampong Cham province. The bridge crosses the Mekong tributary from Sombo Meas district to Kampong Siem district of Kampong Cham province with dimensions of 779 metres long and 9.2 metres wide. The new bridge has the capac...

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Global Hospitality Brand Le Meridien to Set New Standards in Sihanoukville

Marriott International has inked an agreement with The Grand Lion Group to introduce the Le Méridien brand to Cambodia’s coastal city of Sihanoukville by 2022, according to TTR Weekly. The hotel will be part of the Gold Coast at Sihanoukville project reportedly costing more than USD200 million. The first international branded property in Sihanoukville, Le Méridien will be built on 1.67 hectares...

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Pm Inaugurates Opening of National Road 1, Stage 4 Improvement

Cambodia Prime Minister Samdech Hun Sen this morning presided over the inauguration ceremony for the official opening of the National Road No. 1 improvement project Stage 4 for use. The improved section of road is about 4 kilometres long running from Monivong bridge (sta.0+000) to the Kdey Ta Koi area in Chbar Ampov (sta.4+000). This is the last stage of the National Road No.1 improvement proje...

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Japan Funds Usd91, 000 for Rupp Silk Centre

Silk Center. Source: RUPP The Japanese Government has agreed to provide USD 90,834 in funding to build a silk centre at the Royal University of Phnom Penh to enhance knowledge and production of silk in Cambodia. According to H.E. Mr. Hidehisa Horinouchi, Ambassador of Japan in the Kingdom of Cambodia, local silk makers have recently faced the issue of silkworm disease issue, which has dramat...

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South Korea Agrees to Help Cambodia Build Mekong Crossing

Courtesy meeting between H.E. Park Sokhonn and H.E. Oh Nak-young. Source: MFAIC South Korea has agreed to help construct a Cambodia-Korea Friendship Bridge crossing the Mekong River in Phnom Penh in response to a request by Cambodian Prime Minister Samdech Hun Sen. According to an official letter from the Cambodian Ministry of Foreign Affairs and International Cooperation (MFAIC) issued on 1...

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Mega Plan to Create Phnom Penh Central Business District

Prince Real Estate Group is embarking on a mega plan to create a Phnom Penh Central Business District (CBD) in Chamkar Mon area, where many embassies and government offices are located. According to their Facebook page, the Central Business District (CBD) plan consists of three mix-used development projects including Prince Central Plaza, Prince Modern Plaza, and Prince Time Plaza. Prince Ce...

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