Projects Development
New Bridge to Cross Kampong Bay River
The Kampot Provincial Administration, in collaboration with the China Road Company, is planning to build a new bridge crossing the Kampong Bay River, in response to the highly congested traffic caused by growing numbers of tourists. The new bridge project was discussed at a meeting between Kampot Governor H.E Chev Tay and China Road’s representative […]
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Psar Deumkor Market Pedestrian Bridge Officially Opened
The new Psar Deumkor market pedestrian bridge was officially opened on the morning of 24 July 2020 after construction first began in late 2019. The bridge is located at the junction of Mao Tse Tong Blvd and 336 street in Toul Kork district. Construction of the pedestrian bridge began on 28 December 2019 and was […]
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New Phnom Penh International Airport Expresses Cambodia’s Ambition to Promote Economic Growth Amid COVID-19
Cambodian Prime Minister Hun Sen’s inspection visit to the construction site of the new Phnom Penh International Airport on 22 June 2020 was more than a symbolic inspection and represented a strong endorsement of the airport project and the health of the nation’s construction sector. The prime minister also approached the visit from the perspective […]
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K MALL to Open on Veng Sreng Road in 2021
The new K MALL being built on 6 hectares of land along Veng Sreng Road is scheduled to open by 2021, according to a press release from the developer Urbanland on 20 July 2020. Located along Veng Sreng Road or about 2.5 km from Stung Meanchey district, the project is the first phase of the […]
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How Chinese buyers disappeared from the Cambodian real estate market and the impact on local sellers
By Eric Wong Chon Lap The local Cambodian market has lost its most important source of inbound investment, as the coronavirus pandemic clouds the economic outlook and keeps Chinese investors from travelling to Cambodia. This is in stark contrast to a few years ago when Chinese investors were snapping up condominium spaces. A lot of […]
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Government to Build new US$5 million Landfill in Sihanoukville
The Ministry of Public Works and Transport and the Ministry of Economy and Finance are injecting US$5 million of the 2020 fiscal budget to build a new landfill on 17 hectares of land in Sihanoukville, according to a post on the Ministry of Public Works and Transport Facebook Facebook page on 21 July. The landfill […]
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Design Completed for New Deep-sea Port Terminal, Construction to Begin in 2021
The detailed design of the Sihanoukville new Sihanoukville deep-sea port terminal has been completed, with the construction of Phase I scheduled to begin 2021 and is expected to be completed by 2024, one year later in than the original plan. Deputy General Director of Sihanoukville Autonomous Port Thay Rithy said that the project’s detailed design […]
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Chinese Firm to Build 12MW Waste-to-Energy Plant in Siem Reap
Sample picture Chinese company MIZUDA plans to invest in a waste-to-energy plant in Siem Reap capable of combusting 210,000 tons of rubbish per year into 12MW of electricity, according to a post of the Siem Reap Provincial Administration Facebook page on 21 July. The project has been studied for more than half a year […]
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Chip Mong Group to Build New Industrial Waste Management Facility in SSEZ
The Chip Mong Insee Cement Corporation (CMIC) has reached an agreement with its partner to build a new industrial waste management facility in the Sihanoukville Special Economic Zone to provide industrial waste recycling services to the factories within the zone. The investment agreement was signed by the CEO of CMIC Mr Nicolas George and the […]
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Kampong Speu Attracts Hundreds of Investment Projects Worth Over US$200 million
Kampong Speu province has attracted hundreds of large investments projects worth over US$200 million since 2019, while more firms are planning to invest in the province in the near future. According to the Kampong Speu province progress report, there were 188 investment projects approved in 2019 with a total construction area of more than 700,000 […]
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