Us$50 Million Chinese-funded Hospital in Tboung Khmum to Break Ground Soon
A US$50 million Chinese-funded hospital project in Tboung Khmum Province is scheduled break ground in March, according to a report from Tboung Khmum Municipality.
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PropertyGuru Awards 2018 Shortlist Announced
PropertyGuru Cambodia has announced the official shortlist of nominees for the Property Awards 2018,
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Government Establishes Committee to Facilitate New Phnom Penh Airport Project
The government has decided to establish the 'New Phnom Penh International Airport Assembly Sites Committee’ to facilitate the US$1.5 billion construction project located in Kandal Stueng district, Kandal Province, according a decision dated 18 February 2019.
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CDC Approves Two Resort Projects Worth Us$600 Million in Koh Kong and Sihanoukville
The Council for the Development of Cambodia (CDC) has recently given permits to two Chinese firms to invest a total of approximately US$600 million to develop two big resorts in Koh Kong and Sihanoukville, which are expected to generate at least 7,600 jobs for locals.
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Korean Agency and The CCA to Promote Construction Sector
KOTRA, the International Trade-Investment Promotion Agency of Korea's has held talks with the Cambodia Constructors Association (CCA) to explore cooperating in the promotion of the construction sector given the strong growth of the industry in Cambodia.
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Japan Finances Us$43 Million Development Projects in Cambodia
The government of Japan signed an Exchange of Notes with the government of Cambodia on 20 February to provide US$43 million in financing for two development projects in Cambodia.
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Cambodia to host ASEAN construction meeting in Siem Reap
Cambodia, through the Cambodia Constructors Association (CCA), is preparing to host the ‘ASEAN Constructors Federation (ACF) Council Meeting’ in Siem Reap province.
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115-hectare Solar Plant to Reduce Greenhouse Gas Emissions in Cambodia
A project to build a 115-hectare solar power plant in Kompong Speu province will reduce greenhouse gas emissions in Cambodia, according to the results of an inter-ministerial meeting regarding the development of the project.
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Retail sector to see sharp decrease in rental prices
Increasing retail supply in Phnom Penh will see rental prices fall, according to a report released by international real estate agent CBRE Cambodia. Recently, CBRE Cambodia predicted that in 2019, retail rental prices would decrease due to the additional supply from the retail podium by 116.6%, community malls by 126.3%, and shopping malls by 26.4% […]
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Macau Casino Group Acquires Land in Siem Reap to Develop an Integrated Resort Project
A Macau-based casino firm named Macau Legend Development Ltd has recently purchased 1,200 hectares of land in Siem Reap, Cambodia with the intention to develop an integrated resort, according to Macau News Agency.
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Construction Management: Future Needs in the Construction Industry
The Empire State Tower was built in 1931, and ever since countries have built skyscrapers, high rise condominiums and commercial offices. This has created the need for good construction management and RCA is providing the basic needs for fundamental construction management. There are 4 major subjects of study that RCA provides: Procurement, Tendering, Construction Technology, and Site Management.
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Capital condominium supply forecasted to increases 120% in 2019
Construction delay in 2018 will see the supply of Phnom Penh condominium jump to 120% in 2019 with mid-range segment dominating the market, said CBRE Cambodia. According to CBRE researched, initial forecasts estimate that a y-o-y increase in condominium stock of almost 100% will occur in the affordable segment by the end of 2019, increasing […]
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