CCA 2020 Construction Exhibition still to be confirmed
The annual biggest construction exhibition in Cambodia organized by the Cambodian Constructors Association (CCA) is yet to confirm whether it will be proceeded as scheduled or be delayed due to the social distancing measures caused by COVID-19. CCA Secretariat General Manager Mr Chhiv Sivpheng told Construction and Property Magazine that the association is waiting to […]
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The government seizes over 2,000 hectares of illegally-owned land in Mondulkiri
Mondulkiri Provincial Governor H.E Svay Sam Eang said on 16 July that the Provincial Administration has thus far revoked ownership titles and seized back over 2,000 hectares of illegally-occupied land, emphasising that the law is applied equally regardless of social ranking. “Illegal is illegal, legal is legal. The law is applied equally, whether you are […]
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Governor: 600ha of Land for Mondulkiri Airport Ready, Waiting for Investment
The Mondulkiri provincial administration has already finalized the impact assessment and demarcated the land border for the Mondulkiri airport project, and is currently awaiting news on the investment from the State Secretariat of Civil Aviation (SSCA). During a press conference held on 16 July, Mondulkiri Provincial Governor H.E Svay Sam Eang said that the provincial […]
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Koh Kong Provincial Hall: Unauthorised Land Transactions to be Voided
All land buying and selling transactions without the inspection and approval from the relevant authorities, particularly the land located in protected areas, community, and forest areas in Koh Kong province, are considered illegal and will be voided, according to an announcement by the Koh Kong Provincial Administration on 14 July 2020. The statement is squarely […]
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CCA joins IFAWPCA video conferencing call
The Cambodia Constructors Association (CCA) joined a video conferencing call of the International Federation of Asian and Western Pacific Contractors’ Associations (IFAWPCA) in late June to update Cambodia’s construction sector status quo and exchange ideas for resilient strategies. The meeting allows members to exchange experiences related to the construction industry with the other members of […]
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Comparing home loan interest rates in Cambodia during COVID-19
Interest rates are one of the most critical factors when deciding which bank to choose for a housing loan or mortgage. Amid the COVID-19 pandemic, some banks in Cambodia have reduced their interest rates with the aim of boosting more economic transactions. Thus, for those who are looking for a home loan at the moment […]
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ACF discusses How to Overcome COVID-19 Pandemic at 49th Meeting
The ASEAN Constructors Federation (ACF) conducted it 49th meeting via Zoom video conferencing on 10 June 2020 to discuss the development of the construction industry in the region. ACF Council Meeting is an annual meeting that provides opportunities for its members including, Cambodia which is represented by the Cambodia Constructors Association (CCA), to share information […]
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Condo Market to Recover in Q1 2021 Despite Short-term Stagnation
The condominium market in Cambodia has been not severely impacted by the COVID-19 pandemic and is likely to recover in Q1 or Q2 of 2021 onward, according to CBRE Cambodia Managing Director Ann Sothida during an interview with Fresh News on 13 July. Ms Sothida said the negative impacts of COVID-19 on the condo market […]
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Royal Group Invests US$35 million Building 70km of Roads on Koh Rong Island
The Royal Group has injected US$35 million to build 70km of concrete roads on Koh Rong Island, as part of the firm’s development masterplan. The 70km of road is to be built by Sinohydro Construction Co Ltd from China, and the construction agreement was signed on 14 July at Preah Sihanouk province. According to a […]
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City Hall Redesigning Sokimex Kbal Thnal and Wat Neak Voan Junctions
Phnom Penh Municipality is adjusting the traffic flow at the Sokimex Kbal Thnal junction (the junction of Monivong Blvd, St. 271, and Hun Sen Blvd), and Wat Neak Voan Junction (the junction of St. 221 and Russian Blvd), by constructing new roads, expanding existing roads, and reconfiguring traffic lights. For the Sokimex Kbal Thnal junction, […]
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20 Investment Projects Proposed in Siem Reap Development Master Plan
At least 20 major investment projects have been proposed as part of the 2020-2035 Siem Reap Tourism Development Masterplan during an inter-ministerial meeting last week. The meeting was joined by the Ministry of Tourism, the Ministry of Environment, the Ministry of Culture and Fine Arts, and the Siem Reap Provincial Municipality. During the meeting, the […]
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Six office buildings completed in Q2 despite drops in rent and occupancy rate
Six office buildings, including five centrally-owned and one strata-titled, have been completed in Q2 2020, despite a slight drop in rental prices and occupancy rates partly due to the COVID-19 crisis, according to CBRE Cambodia’s market view report published on 07 July. The five centrally-owned office projects (one Grade B and four Grade C projects) […]
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