Local News
Lumiere Residence set new property landmark in Phnom Penh
Following the success of Lumiere Hotel, Singapore-based Lumiere Hospitality (LH) opened its second project in Phnom Penh on 21 July which will set another hospitality landmark for the city. Known as the Lumiere Residence, this 25-storey building comprises of luxury hotel rooms and apartments which are elegantly designed and laid out, equipped with a rich […]
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Construction complete for National Road No.55
Following 42 months of construction, National Road No.55 connecting National Road No.5 to the border of Trat Province, Thailand, has been completed, according to the Ministry of Public Works and Transport (MPWT) on 22 July 2019. Constructed by China Road and Bridge Corporation (CRBC), this 180-kilometre long, 9 metre wide road links National Road 5 […]
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Conglomerate Chip Mong Group plans more than US$300 million for retail investment
Chip Mong Retail, a subsidiary of conglomerate Chip Mong Group is planning to invest more than US$300 million in the retail sector to capitalize on this rapidly growing market as announced at their 19 July gala dinner at the Sofitel Phnom Penh Phokeethra. Utilising over US$300 million of long-term investment in addition to holding desirable […]
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IKO Sales International: a Solid Choice
How do you see construction sector in Cambodia? I see a very positive evolution in the construction sector in Cambodia with business development opportunities for IKO.
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Developers Encouraged to Plan for Green Space
The Ministry of Land Management, Urban Planning and Construction and the Ministry of Environment have called for project owners and developers of residential building projects to consider the principle
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Bokor city to be established
The government has decided to establish a new city, named Bokor city, situated in Preah Monivong Bokor National Park, to be developed as a tourist and historic city. According to a sub-decree signed by Samdech Techo Hun Sen, Prime Minister of Cambodia, dated 28 June 2019, the government aims to establish a new town called […]
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Shanxi Wins Us$42 Million Bid for Siem Reap Angkor International Airport Expansion
China-based construction firm Shanxi Mechanization Construction Group has won a 290 million yuan (about $42.16 million) bid to construction two sections of Siem Reap Angkor International Airport project.
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Bangkok Airways to Invest in Koh Kong Former Airport
Thai-based airline Bangkok Airways is to invest in re-building the former Koh Kong airport in Khemarak Phoumin City soon after the government has given greenlight in the June meeting.
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ARB Berhad to Provide US$100 Million in Iot and It Services for “The City Gate”
Malaysian-based information technology and software solutions firm ARB Berhad is to deploy Internet of Things (IoT) and information technology (IT) services to the ‘The City Gate’
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140-megawatt Solar Power Projects Approved
The government has decided to allow more investment in renewable solar power in response to the increasing demand for energy consumption.
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