Oknha Noun Rithy: Invest in real estate when COVID-19 ends to make automatic profit
During theCOVID-19 crisis, it is a good time to invest in the real estate sector in Cambodia because the price is still reasonable and as the situation comes to an end, investors will automatically profit from sales. This opinion was shared by Oknha Noun Rithy, CEO of Khmer Appraisal Foundation (KFA) in an interview with […]
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Over 25 pedestrian bridges planned for Phnom Penh
To facilitate for safe passages of commuters and traffic flow along the roads due to the city’s increasing population, over 25 pedestrian bridges have been planned for construction in Phnom Penh in the near future. SaingPiseth, Director of Phnom Penh’s Public Works and Transport, told Construction &Property Magazine on 15 June that the bridges will […]
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GOV’T allocated land 5 ha for RUPP to build a new modern campus near Win-Win Monument
The Royal Government through ministry of economy and finance plans to build another new campus of Royal University of Phnom Penh, on 5-hectares of land near the Win-Win Monument in response to the University’s growth and needs. According to the official Facebook page of H.E Dr. Chet Chealy, Rector of the Royal University of Phnom […]
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The future of Sihanoukville lies in far sighted vision of Khmer prime minister
What will Sihanoukville look like in 10 years from now? The “Sihanoukville multi-purpose city”, which Samdech Techo Hun Sen envisioned last week, is set to transform Preah Sihanouk province into a national economic development pole with a fastest speed. So far, the project summary can include: 10 SEZs on a total area of 2586.26 hectares […]
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Koh Kong is home to more than 1 million hectares of natural protected land
Being renowned as one of the greenest provinces, Koh Rong province is home to the ‘Kesnor’ birds, is rich in all kinds of natural wealth, has a wide range of mountains on one side and a deep-sea on the other side, plus many potential development opportunities for the economy, energy, underground and underwater mining resources, […]
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Government allocates US$100 million for rural infrastructure development
The Royal Government of Cambodia has allocated 451 billion riels (approximately US$109 million) for building physical infrastructure in rural areas and promoting agriculture, and in particular providing jobs due to the COVID-19 pandemic crisis. According to a press release from the Ministry of Economy and Finance, the ‘Labour Cash Program Phase II’ fund will be […]
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Koh Kong Administration: Dara Sakor Airport is not for military service
Photo Source: The New York Times Due to the scepticism of numerous analysts who have questioned the role of Dara Sakor Airport, on 11 June 2020, HE Ms Mithona Phouthong, Koh Kong Provincial Governor recently rejected any claim of use for military service saying that the area was only built for tourism. Analysts continue to […]
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Leedon Heights: A US$70 million condominium project to launch in Phnom Penh
Leedon Heights, a USD$ 70 million condominium project, located in the Sen Sok district next to AEON2 will begin construction in the third quarter of 2020 and will be completed by the end of 2024, according to Ms Sothida Ann, Managing Director of CBRE Cambodia via an interview on Telegram with Construction & Property Magazine […]
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Indonesia building road for Cambodia in the leader’s name to symbolise lasting friendship
The Republic of Indonesia has proposed to build a road in Cambodia that can be named after the ASEAN nation’s senior leadership to symbolise the historic and long-standing ties between Cambodia and Indonesia. The proposal was made during a meeting between H.E. Sun Chanthol, Minister of Public Works and Transport and H.E. Sudirman Haseng, to […]
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Skun-Kampong Cham road section to be expanded to four lanes
Ministry of Public Works and Transport has started conducting a study on a project of expansion of a road section of National Road Number 7 between Skun roundabout and Kampong Cham city from two lanes to four lanes, a move is said to facilitate transportation. The study on road expansion was made public during the […]
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LEDs to enlighten Kampot Smart City
The Kampot provincial administration has unveiled plans to equip Kampot city with LED street lights as part of the future smart city development. The LED light project was raised in a meeting on 10 June chaired by H.E. Chev Tay, Kampot Governor and the representative of Minebea (Cambodia) a Japanese light technology company producing in […]
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Free access to freshwater bathrooms planned for Sihanoukville beach
The Sihanoukvilleprovincial governor plans to build more than 20 restrooms and washing facilities along 9 kilometers of beach for tourists to use for free. H.E. KouchChamroeun, a provincial governor, said at a press conference on the “Progress and Continuing Direction of the Sihanoukville Province” on 09 June 2020 that his technical team has already finished […]
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