Finnish Company to Operate 200-MW Solar Power in Cambodia
Finnish technology company Wärtsilä has signed an agreement with Electricite du Cambodge (EDC) on the C7 power plant project in Phnom Penh, to maintain a five-year supply of electricity in Cambodia, according to the Power Engineering website on 17 September. Under this agreement, a supplier of electrical engineering SchneiTec will be in charge of implementing […]
Read MoreContracts Awarded for Philippines Rail Project
The government of the Philippines has awarded civil engineering projects worth a total of US$728 million to international firms for the initial construction phase of the 51km Malolos–Clark Railway which part of the Philippines’ long-term plan to boost connectivity and regional economic growth by linking Clark International Airport and the planned economic zone of New […]
Read MoreHome Fitness Refined
SEARA understands what matters most when you are considering purchasing a single piece of home equipment or building a complete home gym. Along with having the right fitness solutions, we also know that having the basic knowledge of the benefits from your exercises combined with helpful recommendations from industry experts and finally staying consistent with […]
Read MoreFewer Occupants Seen in Rental Shophouses
By Eric Wong Chon Lap Many shophouses have signs looking for new tenants, as the commercial real estate market in Phnom Penh feels the brunt of COVID-19 which has brought a sharp decline in investment volumes and rental prices. Shophouses in Cambodia are usually 2-3 storey buildings together with ground floor spaces, usually rented out […]
Read MoreBentley Systems’ Acceleration Fund Announces the Launch of Virtuosity, a Bentley Company
Photo: Allan Murphy, Virtuosity CEO Bentley Systems, a leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, on July 9 announced that its Acceleration Fund has invested in launching Virtuosity, a Bentley company. Virtuosity exclusively offers Virtuoso Subscriptions that bundle — with a Bentley infrastructure […]
Read MoreThe Process of Title Conveyance for Land with Soft and Hard Title
Transferring ownership is the basic yet necessary procedure after purchasing or selling any real estate. To avoid dispute, both the seller and the buyer are required to know the procedure. How to legally perform title transfer? What are the essential steps? What are the similarities and differences between soft title and hard title when transferring? […]
Read MoreUrban Village Signs MoU with GRA to Boost Sales Amid COVID-19
Urban Village signed a memorandum of understanding with the Global Real Estate Association (GRA) on 14 September to strengthen its sales amid the COVID-19 crisis. Founder and CEO of Urban Village Real Estate Development Company Mr Ben Li told Construction & Property Magazine that, “The MoU will allow GRA to focus on Urban Village Condo Sales and […]
Read MoreConstruction of Kampot International Tourism Seaport Delayed
Construction of the Kampot international tourism seaport will not meet the completion deadline as planned due to the impact of COVID-19. According to the Ministry of Tourism, the new deadline for construction completion has been reset to late 2021. “Currently, the construction work is about 30% complete. Due to the COVID-19 pandemic, the completion date […]
Read MoreKampot Studying Centralised Administrative Area and New Stadium Project
Sample Picture Cambodia Prime Minister Samdech Hun Sen has ordered the Kampot Provincial Administration to study the feasibility of organising a centralized administrative area and constructing a new stadium in the province. Kampot Governor Cheav Tay said on 12 September that the team is actively working on this request, and the result will be presented […]
Read MoreNew road connecting Toul Kork to Boeung Kak opened for public use
The Phnom Penh Administration on 13 September opened a new road connecting Road 283 around the Toul Kork Dam to the Boeung Kak area in Daun Penh district. The new road is an AC paved 20-metre-wide road which has been under construction since 2019. Director of the Department of Public Works and Transport Mr Sam […]
Read MoreHLH Group Acquires 1.2-hectare Plot in Toul Kork for New Mixed-Use Development
Public Housing Development (Cambodia), a subsidiary of real estate firm Hong Lai Huat (HLH) Group, has inked a deal with Lao Channara to acquire a 1.2-hectare land plot in Toul Kork district for its new mixed-use development. According to The Business Times, the two firms entered an agreement on 11 September, with a purchase price […]
Read MoreCambodia Urges US firms to Invest in Infrastructure Development
Minister of Public Works and Transport HE Sun Chanthol has urged US construction firms to invest in infrastructure development in Cambodia. This proposal was made during an official meeting between HE Sun Chanthol and US Ambassador to Cambodia Patrick Murphy on 11 September. HE Sun Chanthol stated that there are currently many projects under construction, […]
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