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ខ្មែរ Construction Focus
Cambodia’s Citizenship by Investment Ranked 11th, Emerges as Key Catalyst for Foreign Real Estate Interest
- 31 July 2023
Cambodia's real estate market is witnessing a surge in foreign interest, fuelled by its impressive Citizenship by Investment (CBI) program, which recently earned the remarkable 11th spot in Henley & Partners' global rankings. This naturalisation offers foreign investors the gateway to become freehold landowners in the country. For years, foreign investors looking to invest in Cambodian land...
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Vietnamese Automaker Invests US$2 bn in EV Factory Construction in North Carolina, USA
- 31 July 2023
Vinfast, a Vietnamese electric vehicle manufacturer under Vingroup, and a pioneer in electric vehicle (EV) manufacturing, held a groundbreaking ceremony for its North Carolina electric car plant on 28 July 2023. This achievement sets the stage for a transformative economic development project with an impressive $2 billion investment in the first phase of construction, sprawled across a sprawling 7...
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Unique Architectural Features of Asia’s Largest Wooden Building in Singapore
- 30 July 2023
The Nanyang Technological University (NTU) of Singapore has just officially inaugurated the second-largest wooden building in the world with an area of 43,500 square metres and “the largest wooden building in Asia" in terms of the volume of timber used. The university named this masterpiece "The Gaia Timber" after the Greek goddess of Earth reflecting the building's focus on sustainability and eco...
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Korea Pledges US$37 Million for Mobile Hospital in Kampong Speu
- 29 July 2023
The University College of Medicine is gearing up to establish a state-of-the-art mobile hospital, offering free medical treatment to the local community. Mr. Vy Samnang, Governor of Kampong Speu Province, took to his official Facebook page on July 27, 2023 to share the promising news, announcing the planned investment of over US$37 million for this noble initiative. The forthcoming mobile hospi...
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Historic Cambodia-Thailand Railway Line Launches, Boosting Cross-Border Trade
- 29 July 2023
A significant milestone in regional transportation was achieved today as Cambodia and Thailand celebrated the official opening of their first-ever railway link, forging a crucial connection to facilitate seamless cross-border trade and bolstering economic ties between the nations. The momentous inauguration ceremony saw the participation of key stakeholders from both countries, marking a new era o...
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Japan & Korea Collaborate to Produce International Standard Bio-Energy from Cambodian Cashew Shells
- 28 July 2023
Cambodia's burgeoning cashew industry has received a game-changing boost as researchers from the prestigious Korea Energy Institute (KIER) and Japanese powerhouse Mitsubishi Corporation unite to harness the untapped potential of cashew shells, transforming them into eco-friendly bio-energy. This groundbreaking initiative comes in response to Cambodia's rising prominence in cashew cultivation, open...
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Elevating Travel Horizons: Siem Reap International Airport Set to Soar on 16 October
- 27 July 2023
A milestone in Cambodia's aviation landscape is set to unfold as the new Siem Reap International Airport opens for flights on 16 October 2023. The Secretariat of State for Civil Aviation confirmed the official opening date, marking a momentous occasion for the nation's travel industry. In the lead-up to the grand inauguration, the airport will conduct essential test flights, with a series of no...
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GIZ Germany Pioneers Training of Cambodian Experts in Ancient Stone Preservation
- 27 July 2023
Experts from the prestigious GIZ Institute of Germany are joining hands with the Apsara National Authority to train 20 Cambodian trainees in conserving ancient stone at the iconic Angkor resort in Siem Reap. The groundbreaking training, conducted on-site, equips participants with vital skills in cleaning, neutralising salt, and fortifying ancient stone structures, ensuring their preservation for g...
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Reimagining Luxury: Japan’s TreeFul Unveils Ambitious Plans for Five-Star Treehouse Hotel on Kulen Mountain
- 27 July 2023
Setting its sights on new heights of opulence and eco-consciousness, Japan's innovative TreeFul is poised to redefine luxury hospitality with a five-star treehouse hotel on the majestic Kulen Mountain. The Siem Reap Provincial Information Department's publication on 26th July 2023 revealed the company's visionary endeavor, aimed at creating a world-class retreat that marries sustainable design wit...
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Why not Phnom Penh or Bangkok? Why Ho Chin Minh ranked in the top 10 Asia Pacific Real Estate for international real estate capital?
- 27 July 2023
Phnom Penh, the thriving capital of Cambodia, has been experiencing robust growth with a surge in size expansion, foreign direct investment (FDI), and flourishing real estate development. Nevertheless, it remains relatively small when comparing investment volumes to other major ASEAN cities. In contrast, Bangkok, the bustling capital of Thailand, stands out as a major attraction for foreign invest...
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