Construction Focus
New Phnom Penh Police Commissariat Buildings Worth Over US$14m Inaugurated
Two new Phnom Penh Police Commissariat Buildings worth over US$14 million were officially inaugurated under the presidency of Deputy Prime Minister and Minister of Interior Samdech Sar Kheng on 8 September. The first building is an administrative building that is 40m wide and 50m long with a total area of 20,000sqm and 10 floors. The […]
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Developer to Establish Zero-Carbon, Car-Free City in Kuwait
Dubai-based developer URB plans to build a zero-carbon, car-free city in Kuwait to accommodate up to 100,000 residents, according to GCR. Located on a 16-sq-km site, south of Kuwait, the city named XZero would recycle all its water and waste. The city will host over 30,000 homes powered by renewable energy and fitted with sensors […]
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CSX: Royal Railway Eligible to Apply for Bond Listing
The Cambodia Securities Exchange (CSX) has approved in principle that Royal Railway Plc, a subsidiary of the Royal Group, is eligible to apply for bond listing. However, to complete the bond listing process, Royal Railway must follow more conditions to get approval from the Securities and Exchange Regulator of Cambodia and meet further listing requirements […]
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Cambodia Signs US$600m in New Concessional Loans in H1 2022
The Cambodian government has signed new concessional loans with development partners worth approximately US$635 million in the first semester of this year, accounting for 30% of the ceiling permitted by law. 61% have been signed with bilateral development partners and 39% signed with multilateral development partners, according to the Cambodia Public Debt Statistical Bulletin issued […]
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Gov’t Approves Over 100 New Investment Projects Worth US$3.4bn in First 8 months of 2022
In the first eight months of 2022, the Council for the Development of Cambodia (CDC) approved more than 100 investment projects worth approximately US$3.4 billion. According to the CDC’s reports obtained by Construction & Property News, these projects help create over 63,000 jobs for people in the areas where the projects are located. Those projects […]
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Major New Road in Stung Treng Officially Inaugurated
A newly built major road in Borey O’Svay Senchey district in Stung Treng province was officially inaugurated under the presidency of Governor Svay Sam Eang on Tuesday 6 September. This road is a DBST type with a length of over 10km and a width of 7m (Provincial Road No. 379A). The road is equipped with […]
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OCIC & Malaysian Association Expand Cooperation in Boosting Construction & Real Estate Sector
Overseas Cambodian Investment Corporation (OCIC) and Malaysia Retail Chain Association (MRCA) have signed more MoUs to boost their respective lines of business in Cambodia. According to the OCIC announcement on 5 September, the cooperation will help expand both parties’ businesses including shopping centers, aviation, satellite city development, real estate development, construction and construction supplies, hotels […]
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Kampong Spue Stadium Officially Inaugurated
Kampong Speu Provincial Stadium was officially inaugurated on 6 September under the presidency of the Deputy Prime Minister and the Minister of Land Management, Urban Planning and Construction HE Chea Sophara. Located in Ta Mol Village, Sangkat Chbar Morn, Chbar Morn City, Kampong Speu Provincial Stadium is a standardised size stadium spreading over 4 hectares […]
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Chinese gov’t gives greenlight to first fully autonomous taxi service
The Chinese government has granted permits to Chinese technology company Baidu to first develop and run the fully driverless “robotaxi” service on open roads. Named “Apollo Go”, the service is now authorised to run in Chongqing and Wuhan, with five Apollo vehicles operating in each city, according to GCR. The areas of service cover 13 […]
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Australian chemists invents self-glueing bricks from cooking oil
Researchers at Adelaide’s Flinders University have invented bricks from wasted cooking oil that can bond without mortar. According to GCR, the brick is a lightweight and durable polymer block that undergoes a sulfur-based adhesive reaction when brought into contact with each other in the presence of a catalyst. The bond created by the process is […]
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