Knowledge and Key Success
Australia to help strengthen construction safety in Cambodia
A total of 21 Cambodian officers will be sent for training on construction safety in Australia in March, as part of the Australian Government’s contribution to help strengthen construction safety standards in Cambodia. The official announcement regarding the project was made during a meeting between the Australian Ambassador to Cambodia H.E. Pablo Kang, and the […]
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Ground broken on 11 road construction projects in Sihanoukville
Construction on 11 road projects in Sihanoukville officially started on 14 February 2020, with the ground-breaking ceremony presided over by H.E. Suong Heng, Secretary of State of the Ministry of Public Works and Transport. With a total length of 16km, the project includes the extension of National Road 4 from 2 to 6 lanes and […]
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MLMUPC organizes second construction law workshop
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) organized a second dissemination workshop on construction law for professionals in the construction sector at the Sokha Phnom Penh Hotel on 13 February. H.E. Chea Sophara, Deputy Prime Minister and Minister of Land Management, Urban Planning, and Construction stated, “The main goal of this law […]
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EuroCham to host exclusive talk on Real Estate Market Trends in Phnom Penh
EuroCham is hosting an exclusive breakfast talk on Real Estate Market Trends in Phnom Penh on 13 February. To be held at the Himawari Hotel at 7.30am, the event will include a keynote presentation by Mr Sorn Seap, one of the most knowledgeable real estate experts in Cambodia and the CEO of Key Real Estate […]
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Loose real estate credit harms buyers the most, says expert
Real estate analyst and managing director of CBRE Cambodia Mrs Sothida Ann recently expressed her concern that real estate buyers in Cambodia are the most prone to risk from poorly regulated lending measures, in particular from project owners. The concern comes after several international organisations urged Cambodia to tighten its lending measures on the real […]
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Cambodian community to build a killing fields memorial garden in Long Beach
Cambodian community in London Beach city has recently held a groundbreaking ceremony for a Killing Fields Memorial Garden construction project, marking another achievement of the Cambodian community in the United States. Located on the opposite the Mark Twain Neighborhood Library Anaheim Street, this memorial garden will include a stage, water fountain, a stupa, a monument-type […]
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Cambodia construction sector to slow down in 2020, say experts
Despite ongoing GDP growth, local leading real estate analysts foresee that the construction sector in Cambodia will see a slight slowdown in 2020 due to three significant factors. Given the current economic situation, experts came up with three primary factors being the causes of a real estate slowdown in the kingdom including the outbreak of […]
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Regulated sand mining poses no threat to the riverbank says Mines Ministry
The Ministry of Mines and Energy condemned a recent report regarding the potential of the Mekong riverbank collapsing due to excessive sand mining, arguing that the mining volume in Cambodia is remarkably low and under strict technical regulation. The condemnation comes in response to research done by the University of Southampton, which discovered that the […]
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Chinese developer pledges continued investment in Cambodia
China-based property developer Prince Real Estate Group (Cambodia) has pledged to continue investing in the Cambodia real estate market in 2020, after investing billions of dollars in more than ten projects in Cambodia last year. The ten major projects by Prince Real Estate Group in 2019 cover a total area of 1,876 hectares nationwide; six […]
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Phnom Penh goes green: More than 400 green projects logged in Q4 2019
With the ultimate goal of building a more sustainable city, a number of real-estate developers have been moving toward greener projects, with 405 net green projects recorded in Phnom Penh in Q4 of 2019, according to CBRE Cambodia. According to a report released by CBRE on 16 January, those green projects include hotels, retails, offices, […]
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