Investment and Funding
Dara Sakor Airport Runway Completed, First Test Flight Scheduled for Q4 2021
Construction on the runway at the controversial China-backed Dara Sakor Aiport in Koh Kong has been completed and the first test flight will run in Q4 this year. Deputy Koh Kong Governor Mr Sok Sothy said on 04 January that though the construction of the runway is 100% complete, there are still some remaining works […]
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Transport Minister: Work on Kratie-Kampong Thom Bridge to Start This Year
The Mekong River Bridge connecting Kratie and Kampong Thom provinces is scheduled to begin construction this year after the study is completed, according to the Minister of Public Works and Transport during the inauguration of the Heavy Vehicle Driving Training Centre on 04 February. HE Chanthol confirmed that the ground will be broken on the […]
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Asian Investors Looking West for Positive Investment Trends
Most Common Reasons International Investors Buy a Home in the U.S. In recent years, while booming economies have created significant wealth across much of Asia, investors from this vibrant region are increasingly looking to the United States as a safe haven for wealth preservation. Steven Kay, Founder and Co-CEO at Golden Gate Global, notes that […]
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CDC Approves Two Investment Projects Worth Over US$500 Million
The Council for the Development of Cambodia has officially approved private firms to invest in building two factories worth over US$500 million in Kampot and Kampong Kampong Chhnang provinces. The first investment permit has been granted to Shunying Pulp and Paper Co Ltd, with the firm investing US$504 million to build a paper processing factory […]
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Ground Broken on Bakeng Water Treatment Plant, Chamkarmorn Plant Inaugurated
Cambodian Prime Minister Samdech Hun Sen broke ground on the morning of 01 February on a huge water treatment plant project in Bakeng and inaugurated another one in Chamkarmon. Both plants in total will be able to produce over 450,000 cubic metres of clean water per day by 2024. The Bakeng water treatment plant will […]
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Experts Share 7 Key Strategies to Succeed in Real Estate Investment
When talking about investment with high returns in Cambodia, real estate is frequently one of the top choices. However, real estate investment is almost similar to gambling. Some succeed and become millionaires in just a short period, while some fail and end up being in debt. Our Construction & Property Magazine reporter sat down with […]
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Solar Power Plant in Siem Reap Goes Online, More Scheduled Nationwide
A 32-kilowatt solar power plant in Siem Reap province officially went online on 27 January, with three more large-scale solar power plants with a total output of over 110 megawatts scheduled to start operation across the nation in 2021. Located at the Sok An Phnom Kulen Orchid Research and Conservation Center, the 32KW plant can […]
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Recent Infrastructure Renovation in SR and SHV Tip of the Iceberg for Future Masterplans
According to a local analyst, the infrastructure renovation projects such as the 34-road project in Sihanoukville and the 38-road project in Siem Reap are just the model or small parts of the government’s future master plan to enhance infrastructure nationwide. President of the Cambodia Valuers and Estate Agents Association (CVEA) Chrek Soknim said in a […]
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Let’s Find Out! EP60: Real Estate Market Overview in 2020
Real Estate Market Overview in 2020: Where are we in the Market Circle?
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MEF: Cambodia Construction and Property Sectors to Grow by only 2.9% and 2.7% in 2021
The construction and property sectors are projected to grow by 2.9% and 2.7% in 2021 respectively, after contracting by 2.4% and 4.9% in 2020, according to the Ministry of Economy and Finance Latest’s Macroeconomic Report. These drops for both sectors were due to the effect of the COVID-19 pandemic, which reduced foreign investment and demand. […]
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