Local News
Government Approves Us$94 Million Hotel Project in Chrey Thom
As the Chrey Thom area sees rapid development, many investment projects including hotels are gradually emerging. Last week, the Council for the Development of Cambodia (CDC) granted a license for a five-star hotel project submitted by Scorpio Camtrip, according to a CDC Facebook post.
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Singapore to Unveil Rigorous Underground Master Plan 2019
Besides its expertise in green buildings, Singapore is now starting to draw attention with its rigorous Underground Master Plan. Responding to land limitation and the rise in population, the Singaporean government is preparing to unveil its Underground Master Plan 2019, according to Reuters.
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V-STEEL draws second big prize winner for 2018
On 23 December 2018, Italian-made steel company V-STEEL held its second lucky draw to find the winning customer for the amazing prize of a 2018 Ford Ranger. V-STEEL, exclusively imported by Chip Mong Group, made its final big lucky draw this year for its customers for a 2018Ford Ranger on the live entertainment show broadcast […]
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Strict Measures Set for Land and Construction Sectors in 2019
The Ministry of Land Management Urban Planning and Construction (MLMUPC) has laid down strict measures for 2019 for the land and construction sectors, according to a press release dated 24 December, 2018. The 3-page press release regarding the working results in 2018 and working plans for 2019 highlights 22 important points of the ministry’s achievement as well as future measures.
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Cambodia Sees Sharp Decline in Construction Investment in 2018
Although construction activities have yet to decline, construction investment capital has dropped remarkably in 2018, according to a report by the Ministry of Land Management Urban Planning and Construction (MLMUPC), issued on 24 December, 2018.
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US$3.8 Billion Phnom Penh-Bavet Expressway Too Expensive for the Government
Following the feasibility study on the construction of the Phnom Penh-Bavet Expressway, the government has said it is too expensive, citing a lack of budget.
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CCA Construction Firm Members Increase
In line with the growth of the construction industry in Cambodia, the number of construction firms operating in the Kingdom has also increased. As a result, the Cambodia Constructors Association (CCA), the sole private association in the Kingdom representing the construction businesses, has seen a sharp increase in its members in recent years.
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New 106-storey Commercial Building to Be Malaysia’s Tallest
Malaysia soon will see its tallest iconic new building, The Exchange 106, steals the title from the country's current signature building, the Petronas Twin Towers. The new building is a luxury commercial building stretching up in the heart of Malaysia's international finance and business of TunRazakExchange (TRX). The building, an investment by Mulia Property Development, will become the tallest building in South East Asia and among the top 15 tallest buildings in the world.
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Cambodia to Seek Loan From China for Electrical Grid
In order to expand the supply of electricity to all provinces across the country, the government plans to seek an additional loan from the Chinese government for the construction of a national electrical grid, according to Samdech Techo Hun Sen, Prime Minister of Cambodia. The statement was made during the grand opening ceremony of the Hydro Power Lower Sesan II on 17 December, 2018.
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Hydro Power Lower Sesan II Dam Inaugurated
On 17 December, 2018, the Hydro Power Lower Sesan II dam was inaugurated,presided over by SamdechTecho Hun Sen, Prime Minister of Cambodia.
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