Construction Focus
Thai Firm Invests in 30MW Solar Project in Banteay Meanchey
Ministry of Mines and Energy is checking the legal procedure on a share purchase agreement of a 30 MW solar project in Banteay Meanchey province. The checking has been made after Thai firm B.Grimm entered into a share purchase agreement to acquire all shares in Ray Power Supply Co., Ltd, with the total share value […]
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135 MW coal-fired power plant in Stung Hav to come online this December
A coal-fired power plant in Stung Hav with the capacity to produce 135 MW is scheduled to start operating this December. The power generated from the plant will play an important part in solving the current power shortage. A senior government official in charge of the power sector said that the plant is the result […]
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Japan to Support Smart City in Hanoi
Vietnam’s prime minister, Nguyen Xuan Phuc presided over the signing of an agreement in October between Japanese company Sumitomo and Vietnamese developer BRG Group to develop a smart city in Hanoi. The $4.2 billion “smart city” will be built on a 272ha site in Dong Anh district in northern Hanoi. The first phase will see […]
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Germany finances US$74 million for developing kingdom’s rural infrastructure
Germany has provided approximately US$74 million for the development of rural power supply projects and rural roads in Cambodia, the Ministry of Economy and Finance stated in a press release on 28 November. H.E Aun Pornmoniroth, Minister of Economy and Finance signed two agreements with German Ambassador Christian Berger. The first one is an agreement […]
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South Korea to increase loans to support infrastructure in Cambodia
During the ASEAN-Republic of Korea Commemorative Summit on 25-25 November in Busan, H.E Prak Sokhonn, Minister of Foreign Affairs and International Cooperation, thanked South Korea for its contribution to infrastructure development by increasing financial loans from US$350 to US$700 million for 2019-2023, according to AKP. During the bilateral meeting, Cambodia and the Republic of Korea […]
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SCG, Labor Ministry Launch 2nd National Contractor Competition to Upskill Local Builders
Phnom Penh, Nov 27, 2019 – SCG, an ASEAN leading conglomerate, today kicked off the second SCG National Contractor Competition in collaboration with Cambodia’s ministry of labor and vocational training and a number of leading vocational training schools. Some 40 contractors, selected from among over 200 contractors who took part in provincial rounds of competitions […]
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Draft Law on Land Management and Urban Expected to be Approved next year
Ministry of Land Management, Urban Planning, and Construction is working to accelerate the compiling of the draft law on land management and urban planning to reply to the increasing development of urban, real estate and construction. Speaking at the urban forum on Smart, Sustainable and Inclusive Urban Development on November 27, the ministry’s secretary of […]
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Construction on Transformation of Century Plaza Market Launched
Construction officially started on 27 November for the transformation of Century Plaza market into shopping centre with the project scheduled to be completed in two years. Phnom Penh Governor H.E Khuon Sreng urged the Century Plaza investor to accelerate construction by the end of 2021 as planned so that the vendors can re-enter the market […]
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Company requests approval to invest in Kampot river residential project
Target Estate and Asset Management company has requested in-principle approval to invest in the development of an eco-tourism residential project along the river in the coastal province of Kampot, according to a post on the Kampot provincial administration Facebook page on 25 November. “Target Estate and Asset Management have requested six locations in three communes, […]
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Chip Mong Land to capitalise on high potential of Grand Phnom Penh
Having recently acquired Grand Phnom Penh International City, Chip Mong Land has started to improve the services and infrastructure as well as residential areas to transform the area into a high-potential development area for living and doing business. “The main purpose of Chip Mong Land is to improve our service to our customers to meet […]
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