Hong Kong-Based SUNWAH Group Mulls Investing in Real Estate Sector in SHV
The Sihanoukville provincial administration has expressed its full support to Hong Kong-based SUNWAH Group which intends to invest in the real estate sector in Sihanoukville, as company representatives are currently exploring investment potential in the province. The investment plan was unveiled during the meeting between Sihanoukville Governor HE Kouch Chamroeun and Director of SUNWAH Mr […]
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CDC Approves Six New Investment Projects Worth US$66 Million
The Council for the Development of Cambodia (CDC) has given permits to private firms to invest approximately US$66 million to build five factories and one shopping mall in Phnom Penh, Kampong Speu, Takeo, and Sihanoukville. According to the CDC announcement on 17 February, the six companies are: 1- MEKO INTELLIGENT (CAMBODIA) CO., LTD investing US$32 […]
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Frasers Hospitality expands footprint into Cambodia with launch of three properties
Frasers Hospitality, a member of Frasers Property Group, has entered the Cambodian real estate market with a plan to open its first property in Phnom Penh this year and two more by 2026. According to the firm press release, the first property is an 88-room serviced apartment named Capri by Fraser, which is set to […]
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Land Ministry, JICA Host Intensive Training Course on Construction Law Implementation
The Ministry of Land Management, Urban Planning and Construction (MLMUPC), in collaboration with JICA, has organised a training program for 25 officials to strengthen the implementation of the new construction law. This training course is being conducted in two phases. The initial phase took place online from 7-14 February, while the main phase is scheduled […]
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Singapore Mulls Investing More in Three Major Sectors in Cambodia
Singapore’s Minister for Foreign Affairs Vivian Balakrishnan has said Singapore intends to invest more in three major high-potential sectors in Cambodia including trade, cold chain, and logistics. HE Vivian Balakrishnan cited the investment plan during the official meeting with Cambodia Prime Minister Samdech Hun Sen Wednesday 6 February, while praising Cambodia for being a country […]
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Japanese Experts Share Insights & Urban Development Tips with Cambodia
Japanese urban planning and development officials and experts have shared their experiences and provided recommendations for Cambodia to help enhance city planning as Cambodia is moving toward smart city development. The insight within the construction and urban planning sector was discussed at the 3rd Public-Private Forum on “Cambodia-Japan Urban Development’ held virtually on 16 February. […]
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Japan Unveils Three Tentative Types of Smart Bus Stops in PP; Study Set for Completion in March
The feasibility study for establishing smart bus shelters in Phnom Penh by the Japanese government is ongoing and set for completion in March. The progress of this study was updated during the Cambodia-Japan Meeting of Public-Private Platform for Urban Development held on 16 February. The project is under the responsibility of the Ministry of Land, […]
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Understanding Technical Requirements for Land & Property Development
According to Prakas No. 087 DNS on land development, all developers must ask permission from the competent authority before developing any land or beginning any property development project. However, besides the permit, developers also have to follow other technical requirements. Commercial land developments shall follow the following legal requirements: 1. Must allocate 25% of the […]
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MPWT Drafting Design for New Wastewater Treatment System in Takhmao City
The Ministry of Public Works and Transport (MPWT) together with the contracted firm has begun drafting the design of the wastewater treatment system in Takhmao city, aiming to push the project into reality soon. The discussion meeting was chaired by MPWT Under-Secretary of State and Project Coordinator HE Kem Borey on Tuesday 15 February with […]
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Seven Japanese-Funded bridges in Prey Veng and Kratie Inaugurated
Seven bridges in Kratie and Prey Veng provinces worth US$35 million in grant aid from the Japanese government were officially inaugurated on Wednesday 16 February 2022. The inauguration ceremony was held in Kratie province under the auspices of Prime Minister Samdech Hun Sen and Ambassador of Japan to Cambodia HE Mikami Masahiro. The seven bridges […]
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ISI STEEL Sales Office Relocated to New Standardized Office Tower in Veng Sreng
ISI STEEL, the largest steel processing and distribution company in Cambodia has moved its office to a new location within the recently-completed 9-storey ISI Tower on Veng Sreng Blvd in Po Sen Chey District. The relocation is from the old one located along on Samdech Preah Monireth Blvd., Sangkat Boeung Salang, Khan Toul Kork. The […]
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Ascott to Open Citadines Serviced Residence in Phnom Penh in March
Ascott Limited will launch a new serviced residence in Phnom Penh— Citadines Flatiron Phnom Penh— this upcoming March, offering a wide selection of rooms and apartments from hotel units to bedroom apartments, the firm said in a press release. The 315-unit apart’hotel is located within the Flatiron by Meridian building, a 41-storey mixed-use integrated development […]
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