English 
ខ្មែរ 
Virtual Reality Provides Safety Training
- 10 July 2016
Asian construction firms are using a virtual reality platform to train workers in building site safety and reduce accidents. The ‘Situation Engine’ platform designed by UNSW in Australia allows construction workers to navigate life-threatening situations at varying stages of construction on work sites and the risks such as height and electrocution involved. By experiencing virtual accidents in ...
Read More
Construction Drop Slows S. Korean Economy
- 10 July 2016
A drop in construction investment caused a slow in South Korea's economic growth in the final quarter of 2015, according to the Bank of Korea. tab-stops:14.15pt"> "Arial","sans-serif"">Though the estimated growth of 0.6 percent reported in January was upgraded to an improved 0.7 percent at the end of March, concern remains focused on the 6 percent decline in construction investment during...
Read More
Nagaworld Mall Opening in August
- 10 July 2016
Construction on Nagacity Walk, the capital’s first underground duty-free shopping mall, is almost complete and scheduled to open in August, according to CBRE Cambodia. Located below Sihanouk Boulevard, the sprawling 4,000 square metre underground shopping complex will connect Phnom Penh’s Nagaworld casino and hotel with Naga2 currently under construction with completion scheduled for 2017. N...
Read More
The Bay to Build in May
- 10 July 2016
The Bay project has announced that it will officially start construction in May 2016 and will begin establishing franchises to secure sales. Launched in February 2015, construction on the prestigious project being developed by Singapore-based TEHO International was delayed by six months. This was in part due to its association with the shamed former CVEA president Sok Bun but more importantly d...
Read More
Death Highlights Safety Issues Again
- 10 July 2016
Safety standards on the Kingdom’s building sites were again brought into question following the death of another young construction worker in Phnom Penh’s Daun Penh district in March. 21-year-old Eng Lum had his head crushed against a metal bar after sticking his head of the elevator he was travelling in to investigate a cracking sound, according to local authorities. He died instantly, though ...
Read More
Phase 1 of New National Stadium Complete
- 10 July 2016
mso-font-width:98%">Phase 1 of the landmark Morodok Techo National Sports Complex has been completed with construction under Phase 2 being fully funded by the Chinese government. mso-font-width:98%">The 100,000 capacity stadium will be the centerpiece of Cambodia’s hosting of the 32nd ASEAN Games in 2023. The Cambodian government has already committed $38 million through the NOCC for Phas...
Read More
Fine Complex to Rise at Ta Khmao in 2018
- 10 July 2016
2018 will see Ta Khmao city transformed into a real estate development hub thanks to the presence of the first large-scale residential and commercial development project called Center City Ta Khmao which is located just south of Phnom Penh along Ta Khmao Town’s Tonle Bassac riverfront. Built on a 15,463 square metre plot with 10,668 square metres of beautiful landscaped surroundings, Center Cit...
Read More
Established Home Vs. New Development: What Is The Best Bet For A New Home Buyer?
- 10 July 2016
What are the pros and cons of purchasing an established home versus an off-the-plan home? Although there are great things to be said about buying an off-the-plan home, for example a new borey home in the suburbs or a condo unit in a down town new development, that option generally works better for people with more means than your typical first time home buyer. For most first time buyers, the...
Read More
Panel Prioritises Ethics, Standards in Valuation
- 10 July 2016
The International Business Chamber (IBC) and the Royal Institute of Chartered Surveyors (RICS) hosted a business luncheon on Tuesday 19 April focused on the topic of valuation of property in Cambodia and addressing the current gaps. Panelists at the event included Salim Aslam, ASEAN manager of RICS, Kim Heang president of the Cambodian Valuers and Estate Agents Association (CVEA), and Ross Wheb...
Read More
Small Sub-Plots Pose Investment Risk
- 10 July 2016
With a rapid boom in land subdivision business nationwide, industry insiders have warned that confined plots without adequate property infrastructure will only be left undeveloped. Today hundreds of land division projects are being developed by local land sellers, especially in Phnom Penh’s rapidly developing and expanding outskirts in Dangkor, Por Senchey, Mean Chey and Chroy Changvar district...
Read More
DOUBLING UP: UPGRADES INCREASE AIRPORT CAPACITY
- 9 July 2016
The double-digit growth in air passenger traffic in Cambodia has led to an upgrading of the nation’s current international airports. To absorb ever-increasing passenger numbers, new and enhanced facilities at Phnom Penh International Airport (PPIA) and Siem Reap International Airport (REP) were inaugurated in mid-March after plans were first initiated in 2011. With an expansion plan already ...
Read More
PM CANCELS AIRPORT EXPRESSWAY
- 9 July 2016
Hope among the public and transport officials for a fast commute between downtown and Phnom Penh International Airport on a new elevated expressway has vanished after Prime Minister Hun Sen cancelled the proposed expressway development in April. Speaking at the inauguration of the new City Hall administration building on 4 April, the prime minister explained that the decision to cancel the plan...
Read More