Local News
OCIC Unveils Details of Expressway Project from City Centre to New Airport in Kandal
OCIC Chairman Neak Oknha Pung Kheav Se has revealed details of the expressway linking Phnom Penh city centre to the new Phnom Penh international airport in Kandal province. Neak Oknha Pung Kheav Se said in an exclusive interview with Construction & Property Magazine on 19 December that the expressway will be built as a flyover with a total length of 21 kilometres, divided into two phases. ...
Read MoreBluebell signs MoU with Oxley to Manage the Peak Mall
Leading Asian Omni brand operator Bluebell Trading Pte. Ltd has recently signed an MoU with Oxley Gem (Cambodia) Co., Ltd to manage the Peak shopping mall project, according to a press release from the company on 24 December. Ashley Micklewright, CEO of Bluebell Group said, “We are delighted to partner with Oxley-Worldbridge in Cambodia, and look forward to delivering one of Asia’s new destinat...
Read MorePhnom Penh Municipality to Take Action Against Encroachers on Canals and Public Land
The Phnom Penh municipality plans to take action on illegal canal and public land encroachment soon, particularly in the western part of Phnom Penh, after deciding to dredge and rebuild 12 drainage systems across the city. The plan was announced in a meeting chaired by Phnom Penh Governor HE Khuong Sreng on 24 December. During the meeting, HE Khuong Sreng said that 12 drainage systems out of...
Read MoreSeveral EU Members Provide Co-financing of US$115 million for Cambodia’s Rural Infrastructure Development
The German development bank KfW, AgenceFrançaise de Développement (AFD) and the European Union (EU) have provided US$115 million in co-funding to Cambodia for rural infrastructure development projects in the central area of the country. The agreement was signed recently by the Cambodian government, the German development bank KfW, AFD and the EU representatives, according to a press release iss...
Read MoreNew Battambang Solar Power Station Over 90% Complete Receives Additional US$45-million in Funding
Chinese firm Risen Energy has injected an additional US$45-million funding into the new 73-megawatt Battambang power plant project, while the construction of the plant is over 90% complete. Risen Energy has received this additional funding in form of debt from DEG and ICCF (The Interact Climate Change Facility, the European Investment Bank, and eleven European Development Finance Institutions)....
Read MoreS. Korea Mulls Transforming Former Pailin War Zone Into New Development Area
The South Korean government through the Korea International Cooperation Agency (KOICA) is considering transforming a former war zone in Pailin province into a new development area, according to the Pailin Provincial Administration. In a meeting with the Pailin officials on the morning of 23 December, KOICA representative Ro Hun Chun said that the project is still at the feasibility study stage....
Read MoreGround Broken on 8-Road Renovation Project in Kep Province
Kep Governor HE Som Piseth broke ground on the morning of 23 December on the construction of one red gravel road and 7 DBST roads with a total of length of over 3000 metres. HE Som Piseth said that the rehabilitation of the roads is a new achievement in provincial infrastructure development. Upon completion, these routes will help ease the travel of both locals and tourists. He also requeste...
Read MoreNew Siem Reap International Airport 35% Complete, On Schedule
As of 23 December, construction of the new Siem Reap Angkor International Airport (AIAI) is 35% complete and expected to finish in March 2023 as scheduled. According to the site inspection by State Secretariat of Civil Aviation (SSCA) HE Mao Havannall on 23 December, construction on the airport is proceeding smoothly despite the pandemic. During the inspection, Angkor International Airport I...
Read MoreConstruction of 500-hectare Kampong Speu Industrial Zone Begins
The construction of OCIC’s 500-hectare industrial zone project located between National Roads 51 and 44 has begun, according to the project manager Kou Borin. Mr Kou Borin told Construction & Property Magazine on 21 October that the working team are currently filling in the land and preparing some of the project’s internal infrastructure. “Besides a factory and residential area, this ind...
Read Moreអូឡាំព្យាស៊ីធី បង្កើតយុទ្ធសាស្ត្រថ្មីសម្រាប់អតិថិជនដើម្បីឆ្លើយតបទៅនឹងវិបត្តិកូវីដ១៩
ដើម្បីជំរុញការវិនិយោគ និង បង្កើនសកម្មភាពសេដ្ឋកិច្ចក្នុងស្រុកជាពិសេស ជួយដល់អតិថិជនកំពុងស្វែងរកទិញអចលនទ្រព្យក្នុងអំឡុងវិបត្តិកូវីដ១៩ ក្រុមហ៊ុន OCIC បានចេញយុទ្ធសាស្ត្រលក់ថ្មីសម្រាប់គម្រោងអូឡាំព្យាស៊ីធី ខណៈដែលអគារចំនួន៧ រួមមានអគារខុនដូការិយាល័យ SOHO ផ្សារទំនើបអូឡាំព្យា នៃគម្រោងមេក្នុងដំណាក់កាលទី១ បានបញ្ចប់ការសាងសង់ជាស្ថាពររួចហើយ។ តាមរយៈ កញ្ញា អ៊ុក ចន្ទ្រា ប្រធានផ្នែកលក់និងទីផ្សារ បានឱ្យដឹងថាការវិនិ...
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