Business and Market
Feasibility Study on Monorail and Metro in Phnom Penh Under Way
The Ministry of Public Works and Transportation (MPWT) has said that the feasibility study on a monorail and metro in Phnom Penh is being conducted, citing that the study will lead to options for the government in developing the city’s transport sector to ease traffic congestion.
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Affordable Segment Leads Phnom Penh Condominium Market
With construction investment estimated to have reached US$1.8 billion during the first quarter of 2019, the condominium sector saw an increase in supply of more than 7% q-o-q driven by the affordable segment, according to the first quarterly
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Underpass Construction Project on National Road Gets Green Light
Phnom Penh Municipality has agreed on the construction of underpass proposed by Borey Peng Hout, a real estate developer, along the National Road No.1 of Boeng Chhuk village, Nirouth commune, Chbar Ampov district.
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Four Cement Factories Capable to Produce 7 Million Tons
Four cement factories in Cambodia are capable in producing about 7 million tons per year to respone to the demand of the increasing construction sector in the country, according to Ministry of Mines and Energy.
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Sen Sok Attracts Most Boreys While Chroy Changva Becomes Most Popular
Among the 12 districts in Phnom Penh, Sen Sok district holds most borey projects while Chroy Changva district is becoming more popular, according to the first quarterly report by international real estate agent CBRE Cambodia issued on 09 April 2019.
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Cambodia, Thailand to Officially Open Railway Connection
The rail lines between Cambodia and Thailand will be officially connected on April 22, increasing the facilitation of cross-border travel, logistics and trade by rail.
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Structure of Five-star Hyatt Regency Completed
The building structure of the five-star Hyatt Regency hotel in downtown Phnom Penh has been completed, according to project developer Chip Mong Group.
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Government Approves Three Electricity Plants
The government approved three electricity projects on 05 April 2019 in Pursat and Kompong Chhnang provinces with an investment capital of more than US$347 million, according to the Government Spokesperson Unit.
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Jakarta Plans 10-year Infrastructure Investment
Indonesian authorities have agreed on investing US$40bn over the next decade to improve the efficiency and livability of the capital Jakarta.
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Naga Secures Former White Building Land for Its New Us$4 Billion Project
Hong Kong-based NagaCorp Ltd has announced plans for a Naga 3 Project after securing more than 16,000 square metres of land on the former location of the White Building, according to a shareholder announcement by the company on 03 April 2019.
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