First oil expected in 2020
Cambodia will be extracting its first oil drop next year which will help generate huge income from the kingdom’s natural resources, Samdech Techo Hun Sen, Cambodian Prime Minister said on Monday 18 November 2019. Speaking at a graduation ceremony at the National Institute of Education, Samdech Techo Hun Sen said that income from the oil […]
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More than 1,000 building projects completed in Sihanoukville in two years
Between November 2017 to November 2019, there were 1,076 construction projects with high-rise buildings of between 5 and 45 storeys, totalling 801 projects, according to a report from the Sihanoukville provincial administration. According to the report, as of October 2019, tourism services and business buildings held residence in approximately 880 buildings, of which 345 are […]
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Government says industrial zone filled along National Road 4
The Royal Government of Cambodia has been placing industrial facilities along the National Road 4 to serve the economic need of the two main pillars of Cambodia’s economy, Phnom Penh and Sihanoukville, said Prime Minister Samdech Techo Hun Sen on 16 November. Speaking at a road ground-breaking ceremony in Sihanoukville, Samdech Techo Hun Sen reaffirmed […]
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New Roads to Rebuild Face of Sihanoukville
The Royal Government of Cambodia is spending US$294 million on infrastructure in Sihanoukville city, building 34 roads to help transform the face of this beach city with new infrastructure, commercial buildings, and an attractive tourism sector. The breaking ground ceremony of the 34-road construction project was held on November 16 under the auspices of Samdech […]
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SEZs development to help realise Cambodia’s vision for Industry 4.0
By Leakhena Khat With developments in technology and the rise of global market competition, Cambodia must develop its industrial sector for higher economic growth and to get itself ready to implement the vision of Industry 4.0. To realise this vision, the Cambodian government via the Council for the Development of Cambodia (CDC) is currently focusing […]
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Contract signed for construction of Phase I of Bakeng Water Treatment Plant
The Phnom Penh Water Supply Authority (PPWSA) has signed a construction contract with a French company for Phase I of the Bakeng Water Treatment Plant which will have a capacity of 195,000 cubic metres. According to PPWSA, the signing ceremony was held on 14 November with Vinci Construction Grants Projects. Construction will start in late […]
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Thailand to build second Suvarnabhumi terminal
The Thai government announced plans in September to build a US$1.4bn second terminal at Suvarnabhumi, Bangkok’s main international airport. Controversy remains over the precise location of the new terminal on the overall site with Airports of Thailand lobbying against the current master plan to have the new terminal extending northeast from the current building. Thai […]
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Condominium purchasers can finally feel relief
By Eric Wong Chon Lap This is the year when condominium end-user purchasers can feel relief, with many developers saying that they will concentrate on completing their existing developments, and also focus on the unsold condominium inventory in response to the weaker demand, partly due to surge of condominium inventory in recent years. The reason […]
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US$300 million Sihanoukville road building program to break ground
Ground will be broken by Samdech Techo Hun Sen, Prime Minister of Cambodia on Saturday 16 November for work on the 34-road construction program in Sihanoukville city with a budget of almost US$300 million. Speaking at the opening ceremony of a cement factory in Kampot province on Thursday 15 November, Samdech Techo Hun Sen said […]
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Chip Mong Land Breaks Ground Park Land 50M
The Leading property developer Chip Mong Land broke ground this morning November 14 its new project named the Park Land 50M. The Park Land 50M project will be built premium residential buildings including Queen Villa, Queen Villa A, Twin Villa and new houses which including in three categories –queen villa, bishop house A1 and bishop […]
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$110 Million Cement Factory Opens in Kampot
The US$110 million Thai Bung Rong Cement Factory was inaugurated on the morning of 14 November 2019, bringing the total number of cement factories in the kingdom to five. Samdech Techo Hun Sen, Prime Minister of Cambodia presided over the inauguration ceremony of the plant which is built on a 700+ hectare plot in Dangtong […]
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A History of Quality Sports Construction in South East Asia
When the founders of Sports Engineering And Recreation Asia Ltd (Seara) first established their presence in Bangkok in 1991, a strategic decision was made to only build to international standards. This was not only a business marketing strategy but an important branding strategy that would take years to pay off. “We saw in markets like […]
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