Local News
Chinese investors asked to invest in affordable housing project
Phnom Penh Municipality has asked a group of Chinese investors to invest in the real estate sector, building affordable housing for sales to civil servants and people who have low incomes. In a meeting on Tuesday 03 September, H.E Khuong Sreng, governor of Phnom Penh Municipality told the China-based World Hakka Business Association led by […]
Read MorePhnom Penh AGT project layout yet to be finalised
The construction project of the automated guideway transit (AGT) in Phnom Penh studied by the Japan International Cooperation Agency (JICA) is yet be finalised although the study has been completed. AGT is a transportation project design to overcome traffic congestion as well as being a landmark project for the upcoming SEA Games in 2023. (Read […]
Read MoreSenchey Condo sets new way of living near Phnom Penh International Airport
Condominium projects are mushrooming across Phnom Penh bringing a variety of products for customers. As the condominium sector continues to flourish, one of Cambodia’s leading residential developers Chamreun Sambath Construction Co., Ltd has taken another step towards real estate development with the opening of its amazing condominium project ‘Senchey Condo’ near Phnom Penh International Airport. […]
Read MoreGovernment commits to ending child labour in brick kilns by 2020
The royal government of Cambodia has committed to completely ending the use of child labour at brick kilns nationwide by 2020. The campaigns conducted to date to end child labour at brick kilns have nonetheless found that a lot of significant improvements have been made. Mr Veng Heang, director at the Child Labour Department at […]
Read MoreUS$17 million in factory projects approved for construction sector products
The Council for the Development of Cambodia (CDC) on 02 September approved more than US$17 million of investment in factory projects which will serve the construction industry as investment in the sector continues to grow. According to a post on the CDC Facebook page, five factory projects have been approved in Takeo, Kampong Speu, Kampot, […]
Read MoreCoating industry experts to share insights at NCS Global Coatings (Cambodia) seminar
International experts from leading global firms have set their schedule to discuss the insights of coating products in the marine, industrial and construction sectors in an upcoming seminar organised by NCS Global Coatings (Cambodia) Co., Ltd. To be held on 14 September 2019 from 8.00am to 4.30pm at the Great Duke Phnom Penh Hotel, this seminar […]
Read MoreEconomy Ministry: Construction and real estate sector to experience 4-year slow down
The Ministry of Economy and Finance has forecasted that the construction and real estate sectors, the sub-sectors supporting economic growth, are to experience a slowdown from 2019 to 2022, although growth is expected to remain high. The report, which was handed to reporters during the 30 August Council of Ministers meeting, shows that the construction […]
Read MoreGov’t allocates more than half US$14.4 billion budget for infrastructure development
The Council of Ministers on 30 August approved the US$14.4 billion budget plan for a public investment programme with the infrastructure sector receiving more than 50% of it over a period of three years. The budget plan, which was proposed by the Ministry of Planning will expand over 609 public investment projects in various sectors […]
Read MoreComin Khmere installs 30,000 floating and curved roof solar panels in Kampot province
Comin Khmere, a subsidiary of Comin Asia Group and one of the country’s leading engineering solutions provider, has successfully executed Cambodia’s first floating solar system and curved rooftop solar installation in Kampot province. In an email response to Construction & Property Magazine on 29 August, Mr Phanith Hak, group marketing and communication coordinator of Comin […]
Read MoreCouncil of Ministers endorses draft of construction law
The draft Construction Law was approved by the Council of the Minister on 30 August after the legislation had been compiled and discussed for input since 2017. H.E Phay Siphan, spokesman at the Council of the Ministers, said that the legislation was approved in a meeting of Council of the Minister which was chaired by […]
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