Business and Market
Investment in Resort Properties in Sihanoukville
In today’s condominium market, buyer focus on location, price and product quality.
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Newly Inaugurated Water Supply System Uses New Construction Technology From Japan
The new high-tech water supply system built by Japan in Kampot province has been officially opened.
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Amber Kampot Resort to Capitalise on Luxury Accommodation and Western Guests
International hospitality development firm Amber International Holdings has recently launched a high-end resort in Kampot aiming to capitalise on luxury accommodation and Western guests.
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OCIC Begins Construction of Modern International Convention Centre
Cambodia’s leading developer, Overseas Cambodian Investment Corporation (OCIC), began construction of its ‘Chroy Changva International Convention Centre’ on 31 March 2019.
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Cambodia Requests Korea to Build Another Bridge in Phnom Penh
The government has requested South Korea to help construct a new bridge in Phnom Penh, according to the transport minister.
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Land Investment Alert in Cambodia
Since Cambodia has enjoyed stability, the country has gained a large volume of foreign direct investments, one area of which is land investment. Recently,
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Construction Sector Grows 23% Annually
The construction sector has grown at rate of 23% each year, according to H.E. Aun Porn Moniroth, Deputy Prime Minister and Minister of Ministry of Economy and Finance (MEF).
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Government Terminates Royal Group’s National Railway Contract
The Royal Government of Cambodia has decided to end the contract of Cambodia Royal Railway for the operation of Cambodia’s railway, according to an announcement by Samdech Techo Hun Sen, Prime Minister at the 18th ‘Government-Private Sector Forum’ held at the Peace Palace on 29 March 2019.
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Government Establishes Two Working Groups for Construction and Real Estate
The government has set up two working groups from the public and private sectors to find solutions for construction and real estate problems that might hinder businesses in these sectors.
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Cambodia-Japan Friendship Bridge to Chroy Chongvar to Open on 3 April
After two years of renovation, the Cambodia-Japan Friendship Bridge in Chroy Changva is set to open in April, according to the Ministry of Public Works and Transport (MPWT).
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