Projects Development
Over 680 hectares of Boeung Ta Mok Allocated to Public and Private Sectors in 2020
In 2020 alone, the government has allocated Boeung Ta Mok land to the public and private sectors at least nine times or equal to over 682 hectares, according to documents obtained by Construction & Property Magazine as follows: Early March 2020: 83 hectares of Beoung Ta Mok was granted to Phnom Penh Municipality to be […]
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US$17 million Steel Processing Plant in Kampong Speu Officially Opens
A new US$17 million steel processing plant in Oudong district of Kampong Speu province officially opened last week, bringing the total number of metal scrap plants in Cambodia to four. The project is invested by Chinese firm Hong De Sheng (Cambodia) and will use metal scraps in the country as raw materials to produce finished […]
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Transport Minister Urges Construction Firm to Finish Kampot Tourism Port by June
Minister of Public Works and Transport HE Sun Chanthol has ordered the responsible firm to finish Kampot Tourism Port’s construction by June 2021 after several delays. HE Sun Chanthol said during the site inspection on 04 January that the company should set a concrete plan or add more labour to accelerate the construction speed and […]
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Woman Behind the Success of the Award-Winning Urban Village & Factory Phnom Penh
“Being physically smaller doesn’t mean that we are weaker intellectually”, said Catherine Chan, Founder and Executive Director of Urban Village & Factory Phnom Penh and the Director of Goldfame Group. Catherine Chan is a woman executive currently managing multi-million-dollar businesses in both the real estate and garment industries in Cambodia. She is the Founder & […]
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NR3 to Be Equipped with Two Weighing Stations and 11 Speed Cameras
National Road 3 (NR3) will be equipped with two weighing stations and 11 speed cameras to ensure safety and the quality of the road, as the renovation is approaching completion, according to Minister of Public Works and Transport HE Sun Chanthol. HE Sun Chanthol said during the NR3 construction site on 04 January that the […]
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Gov’t Decides to Build Two Pedestrian Bridges on NR 3 Despite Local Concerns
The Cambodian government has decided to build pedestrian flyovers on two highly-congested spots across National Road 3, despite concerns from the locals, according to HE Sun Chanthol during the NR 3 construction site inspection on 04 January. The Minister of Public Works and Transport HE Sun Chanthol told the press that one pedestrian bridge will […]
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Gov’t Selects Chinese Firm to Develop Mondulkiri Airport
The government has officially approved the construction of the Mondulkiri airport and chosen a Chinese company to study and implement the project. According to the Office of the Council of Ministers’ announcement on 31 December, the government has selected Powerchina International Group to study and develop a new regional airport project in Mondulkiri province and […]
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Construction Sector to Gradually Recover Amid 4% Economic Growth and Robust Financial Sector, says NBC
The National Bank of Cambodia NBC said that the construction and property sectors in Cambodia will gradually recover in 2021, given the fact that the kingdom’s financial sector remains robust and the 2021 economic growth is forecasted at 4%. According to the NBC Macroeconomic and Banking Sector Outlook for 2021 released on 31 December, the […]
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Construction Progress Details of the New Siem Reap International Airport
Construction on the new Siem Reap Angkor International Airport (AIAI) began on 15 March 2020 and is scheduled to be completed by 2023. The airport is being built on a 700-hectare land plot with a 1,000-hectare special economic zone under an investment of over US$900 million. As of 23 December, construction has been 35% complete. […]
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Contracts Awarded on US$2.4bn Singapore-Malaysia Shuttle
Japanese contractor Penta-Ocean Construction has been awarded a US$676m civil engineering package for the 4km Johor Bahru–Singapore Rapid Transit System being built to connect Singapore and Malaysia by the Singapore Land Transit Authority (LTA) Penta-Ocean will handle tunneling work, and will build the Singapore terminus of Woodlands North station and the Malaysia terminus at Bukit […]
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