500 Startups Invests in Cambodian Local Real Estate Portal
A US-based venture capital firm known as 500 Startups has recently invested hundreds of thousands of dollars of seed capital in a Cambodian local property management system portal known as KhmerHome.com, according to Deal Street Asia.
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PPSEZ Affordable Housing Project to Break Ground in November
H.E. Senior Minister Chea Sophara, Minister of Land Management, Urban Planning and Construction Representatives from the Phnom Penh Special Economic Zone (PPSEZ) and United Nations Development Programme attended an official meeting with H.E. Senior Minister Chea Sophara, Minister of Land Management, Urban Planning and Construction on 4 June to discuss the timeline and details of […]
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Phnom Penh-Sihanoukville Expressway Construction to Begin in November
Cambodia’s first-ever expressway, linking Phnom Penh to Preah Sihanouk province, is expected to start construction in November of this year, according to inter-ministerial officials who have been studying the project
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CVEA Urges Government to Legislate Real Estate Brokers
Mr Cheng Kheng, chairman of board of directors of the CVEA. Photo Credit: La Reine
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Chinese Firm to Build a New 300 Hectare Satellite City in Prey Veng
The Cambodian government has given a green light to Chinese firm Jiangxi Haihui Utility Co., Ltd to build a giant satellite city on more than 300 hectares in Prey Veng province.
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Macau Firm Plans New Casino Resort in Siem Reap
A Macau casino services firm named Macau Legend Development Ltd has recently revealed plans to invest in an integrated resort in Siem Reap province, according to GGR Asia.
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Basic Tips to Evaluate Property Value by Yourself
You might often wonder how others always make money from real estate investment or wonder why they always choose the right property to invest in.
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Prince Real Estate to Build Industrial Park in Kampong Speu
Prince Real Estate Group is investing in the construction of an industrial park on more than 24 hectares of land along National Road No. 3 in Kong Pisei District of Kampong Speu province. Ground was broken on 28 May at the site of the business centre called Cam MJ Development Park Co., Ltd. When complete, […]
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Khmer-Chinese Cement Factory Opens Doors in Battambang Province
Prime Minister Samdech Hun Sen presided over the inauguration ceremony of the Battambang Conch Cement Factory in Rotanak Mondol district, Battambang province on the morning of 31 May.
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Indonesia Set to Abandon Major Infrastructure Schemes
The Indonesian government is set to drop 14 major infrastructure projects worth an estimated USD19 billion if they are unable to pass a number of stress tests by the end of President Widodo’s current term. Hampered by a lack of progress, the projects include railways in Kalimantan and South Sumatra, plus several airports and seaports […]
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Over Usd84 Million Spent on Poipet-PP Rail Link Renovation
The Ministry of Public Works and Transport launched a train service from Pursat to Battambang province on 29 May which is the third milestone for the ministry towards the goal of completing the Poipet – Phnom Penh line by July this year. Consuming government budget of USD17.1 million, the Battambang-Pursat line is 107 kilometres long […]
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Cambodia Biggest Dam in Kratie: Build or Not Build?
Sample Hydro-power Dam The proposed 2600-megawatt Sambor Dam in Kratie province backed by China has recently become a controversial topic both within and outside Cambodia after The Guardian reported on 16 May leaked data from a study showing that dam could ‘literally kill’ the Mekong river. The assessment was carried out by the Natural Heritage […]
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