CDC Approves Four Construction Material Factories Worth Us$35 Million
The Council for the Development of Cambodia (CDC) has recently given permits to four firms to invest a total of approximately US$35 million to establish their construction material business in Cambodia, which are expected to generate at least 1,600 jobs.
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More Skilled Cambodian Construction Workers Promised for Japan
Cambodia and Japan agreed on more skilled construction workers working in Japan as a result of a 1 February 2019 meeting between the two parties. The Ministry of Labour and Vocational Training (MLVT) and the Japan Cambodia Interactive Association (JCIA) met to discuss labour cooperation, according to a Facebook post by the MLVT.
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Song Saa opens plot sales for Cambodia’s largest eco-tourism development
Developer Song Saa Collective announced the opening of the sales of land plots in Cambodia’s largest eco-tourism, according to its sole agent CBRE Cambodia. Recently, international real estate firm CBRE Cambodia said that Song Saa has currently opened land plots in the Banteay Srei development zone for sale as part of the huge eco-tourism project, […]
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Luxury MekongView 6 residence set for 2019
Luxury residence MekongView 6 is set for completion in 2019 adding more than 300 units to the market. Sitting in the heart of the increasingly popular Chroy Changva area, the 23-storey MekongView 6 residence is set for completion by July 2019, according to the developer’s sales representative. On 1 February 2019, the company sales representative […]
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Stability and Economy Are the Natural Resources of Real Estate Growth Says Oknha Pung Kheav Se
One of Cambodia’s most prominent and well-known investors in construction and real estate has said that the growth of the sector relies on political stability and a strong economy as its natural resources.
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National Bank: Real Estate Credit Risk Remains Low
Although the real estate sector continues to consume large amounts of credit, risks associated with this high credit growth in the sector remain low, according to a National Bank of Cambodia (NBC) assessment.
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Two major associations to promote real estate valuation in Cambodia
Cambodia's robust economic growth is generating increasing prosperity in the real estate sector, reflected by an increase in real estate prices across the country.
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UK Condo Adding More Stock to Local Condominium Market
Condominium stock across Cambodia continues to rise with an average growth of around 18% in the fourth quarter of 2018, reflecting the country’s strong economic growth.
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Construction Deal for National Road No.5 Signed
The Ministry of Public Works and Transport (MPWT) has signed a construction deal with three Japanese firm as part of the US$500 million loan project funded by the government of Japan.
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Feasibility Study Underway for Phnom Penh-siem Reap Expressway
Two companies are conducting feasibility studies for a Phnom Penh-Siem Reap Expressway, according to the Minister of Public Works and Transport (MPWT) on 28 January 2019.
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Gdt to Build Us$60 Million Office in OCIC Development Zone
The General Department of Taxation (GDT) has chosen the development zone of the Overseas Cambodian Investment Corporation (OCIC) as the location for the construction of its new office building.
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Topping Out of Gold Tower 42 to Boost Property Sector
The property sector in Cambodia is to see a boost as a result of the topping out of the Gold Tower 42 project in the heart of Phnom Penh on 28 January 2019.
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