English 
ខ្មែរ 
Mega Airport Announced Southeast of Capital
- 6 March 2018
The Cambodian government has unveiled plans for a new massive airport for construction in Kandal province, southeast of Phnom Penh. Estimated to cost approximately USD1.5 billion, if built it would become one of the world’s largest airports. A document from the Council of Ministers sent to the Ministry of Economy and Finance, and Secretariat of Civil Aviation, dated 21 December, 2017 cited the ...
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New Technology Trends for Kingdom’s Construction Sector
- 6 March 2018
The construction industry is one of the strongest pillars of the Cambodian economy having seen remarkable growth over the last few years. According to a Cambodian government report, there was a 20 percent increase in approved construction projects in 2017 over the previous year. The annual report from the Ministry of Land Management, Urban Planning and Construction released in early January...
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Schwing Stetter Self Loading Mixers (Slm) Unbeatable & Most Versatile
- 6 March 2018
To meet the challenge of the high demand and fast-moving pace of construction equipment technology, SCHWING Stetter India has bought to Cambodia the latest in technology with a user-friendly, low fuel consumption concrete mixer known as the Self-Loading Mixer (SLM). The Self-Loading Mixer (SLM) is the result of experience gained over decades accompanied by permanent advancement and optimisa...
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Construction Contracts in Cambodia
- 6 March 2018
In recent years number, there is been a steep increase in the number of constructions projects in Cambodia -- more than 22 percent with an estimated value of USD 6.4 billion in 2017. Accordingly, The Ministry of Land Management, Urban Planning and Construction approved a total of 3,052 projects. This investment is driven by the number of China investors in apartments, condominiums, hotels, casinos...
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Lighthouse Club Diary
- 6 March 2018
The Lighthouse Club Cambodia has lots of upcoming events planned starting with our 4th Annual Golf Day, on Friday 23 March 2018. Players will enjoy a “meet and greet” evening at the Exchange Bar, the night prior to the Golf Day. On the day, tee off for this 18 hole event, will commence at 12:30 pm, and all players are welcome to arrive early to enjoy the driving range facilities and a light lunch....
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Capitaland Expands Local Footprint
- 3 March 2018
Singapore’s leading property developer CapitaLand purchased the high-rise 37-storey Pearl Bank Apartments in the city-state’s Chinatown area for USD550 million in January to redevelop the site. The 288-unit is located in a prime location on a 82,376 square feet plot in Outram Park on top of Pearl Hill. According to a statement by the company, CapitaLand intends “to redevelop the site into a ...
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Indonesia Halts Transport Construction After Injuries
- 3 March 2018
The Indonesian government announced an immediate halt to work on public transportation construction sites on 20 February following a spate of serious injuries. The halt was called after seven workers were injured on the site Bekasi-Cawang-Kampung Melayu toll road when a girder pole collapsed on them, leaving them in critical condition. Last month four workers were killed and five injured whe...
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Arup Aiding Philippines’ Usd11bn Infrastructure Plan
- 3 March 2018
Leading UK-based engineering consultants Arup signed a contract with the Philippines government in February to conduct feasibility studies and plans for new bridges, tunnels, and highways worth over USD11bn as part of the nation’s ambitious infrastructure program. In October 2017, the Asian Development Bank (ADB) approved a USD100m loan to support the Philippine government in accelerating its “...
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Safari World Phnom Penh to Open in April
- 3 March 2018
After two years of construction, the gigantic zoo Safari World Phnom Penh by L.Y.P Group is set to open for public this upcoming April, according to Agence Kampuchea Press (AKP). Located on more than 80 hectare of land in Chrouy Changva district, Safari World Phnom Penh will become the largest zoo ever of its kind in Phnom Penh and in Cambodia, with the investment value of about USD 9 million. ...
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Prices Rocket on Capital’s Shophouses
- 3 March 2018
Shophouses in emerging areas of Phnom Penh soared in price last year as investors look to capitalise on the rise of large retail outlets. A report by VTrust Appraisal showed that on average, shophouses in the Cambodian capital were fetching prices 57 percent higher than those in the previous year. Units in the mushrooming district of Sen Sok, the locations of the new Makro supermarket and th...
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Real Estate Sector Leading Credit Recipient
- 3 March 2018
The National Bank of Cambodia (NBC) reported in February that USD3.91 billion in bank loans were absorbed by the nation’s construction and real estate sectors in 2017. The two sectors represented 24.28 percent of last year's total bank loan portfolio of USD16.10 billion which was a 16.8 percent year-on-year increase from 2016. Loans to developers totalled USD1.52 billion, while home buyers a...
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Phnom Penh land prices predicted to drop slightly in 2018
- 2 March 2018
According to a survey conducted by Key Real Estate Co Ltd, land prices in Phnom Penh are likely to drop by between 2 to 5 percent in 2018 due to both economic and political factors. “As it’s generally known, during the pre-election period, investors do not really want to take much action. They prefer to wait and see what will happen after the election,” said Mr Sorn Seap, founder and CEO of Key...
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