Investment and Funding
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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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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