Investment and Funding
Japan Hands Over New US$30million Facilities to Teacher Education Colleges
The new facilities and other infrastructure at the Phnom Penh and Battambang Teacher Education Colleges, which were built using the Japanese aid grant of over US$30 million, have been completed and handed over. According to a Japan International Cooperation Agency (JICA) announcement on 25 January, the handover ceremonies of the buildings were held separately. One […]
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Prince Real Estate Group Unveils New Shopping Mall Project in Phnom Penh
Renowned Chinese firm Prince Real Estate Group signed an investment agreement on 25 January to establish a new shopping mall in the middle of Phnom Penh, named Prince Square. Located in the Prince International Plaza complex along the Russian Blvd nearby the old Phnom Penh Water Park, Prince Square will be a four-story mall with […]
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Private Firm to Lease State Land in Koh Kong for Aquaculture Investment
Koh Mongkol Ratanak Sambath Co., Ltd has proposed leasing 369 hectares of state land in Sre Ambel district of Koh Kong province to invest in a large aquaculture project at a meeting between the firm and the Koh Kong provincial administration on 21 January. According to the firm, the project will be implemented in three […]
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Private Firm Plans to Build Water Treatment Plant in Koh Kong
ANCO Water Supply is planning to construct a new water treatment plant on a 330-hectare plot in Kiri Sakor of Koh Kong province, in response to rapid growth in demand. According to the official website of the Koh Kong Provincial Administration on 21 January, the project is currently under review, and officers from the Koh […]
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Chip Mong Land to Transform 120 hectares in Chroy Changva into Huge Residential Project
Chip Mong Land has officially launched its huge Parkland 6A residential project in Chroy Changva with a massive discount of up to 8%, and no-interest instalments for up to 18 months. Park Lane 6A is a luxurious residential development project spreading over 120 hectares along National Road 6A. Surrounded by two major rivers, the Tonle […]
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International Buyers See Value in Trend of Increasing Value of U.S. Homes
According to the latest figures, despite the worldwide COVID-19 pandemic, U.S. residential real estate prices continue the upward trajectory that has made America one of the top destinations for international home buyers. In fact, home values in the U.S. have steadily increased since the early 1980s, recording more than 300% growth over the past 40 […]
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Private firm mulls building an agro-industrial special economic zone in Kampong Speu
Khmer Holding Group is planning to build an agro-industrial special economic zone in Kampong Spue to serve as an agricultural products processing factory, storage, and assembling facility. During a meeting with the Ministry of Agriculture, Forestry and Fisheries (MAFF) on 20 January, the firm representative said that the beside this SEZ, his firm is also […]
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Solutions for Land and Housing Shortages
According to CBRE Cambodia, the supply of condominiums reached over 25,000 units in the market by the end of 2020 and is expected to jump to 38,000 units by 2021. Data from Knight Frank Cambodia also shows that by the end of 2019, a total of more than 55,000 housing units are available on the […]
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US Provides Aid to Renovate Preah Vihear and Bakheng Temples
The United States government has provided almost half a million dollars in grant aid to help restore and renovate two ancient temples in Cambodia— Preah Vihear and Bakheng.. According to AKP, this project is the result of cooperation between the Ministry of Culture and Fine Arts, the US Embassy in Cambodia, and the World Monument […]
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Construction on US$190 million Bakeng Water Treatment Facility to Start This Month
Construction on a water treatment facility located in Bakeng, in northern Phnom Penh, is set to start in late January, which, when complete, will have the capacity to supply 190,000 cubic metres of clean water per day. The groundbreaking ceremony will be presided over by Cambodian Prime Minister Samdech Hun Sen. The budget for this […]
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