Projects Development
China Provides US$80 million Loan to Light Up 133 Villages in Cambodia
The Chinese government has agreed to provide an US$80 million concessional loan for Cambodia to build almost 3,000 kilometres of sub-transmission electrical line connecting 133 rural villages in 14 provinces to the national grid. The concessional loan will be signed in August and is among other seven projects after the Cambodian and Chinese government reached […]
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Compensation Cleared for Residents Impacted by 700MW Power Plant in Koh Kong
The Royal Group has cleared all land issues and compensated 58 local families living nearby the 700-megawatt coal-fired power plant project it is building in Koh Kong province, according to a Provincial Administration report on 28 July. The 58 families live in Thmor Sor commune, Botum Sakor district with compensation given to owners of any […]
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Excessive Dam Construction and Other Major Causes Contribute to Record Low Levels on Tonle Sap
Besides climate change and other major environmental factors, a huge number of dam constructions on the upstream Mekong River, especially in China and Laos, have caused a sharp decrease in the water levels of the Tonle Sap Lake this year, according to experts. Brian Eyler, a senior fellow and director of the Washington-based Stimson Center’s […]
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Ground Broken on US$1.4 Million Hospital in Tbong Khmum Province
Ground was broken on the US$1.4 million Kroch Chhmar District Referral Hospital broken on the morning of 27 July with the facility expected to become operational by early 2022. According to CPP official website, the hospital is a gift from Prime Minister Samdech Hun Sen and will take 18 months to complete the construction. According […]
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Indonesia invites Japanese companies to cooperate on rail link extension
With China and Japan bitter rivals for the controversial Jakarta-Bandung high-speed rail link and China emerging victorious with the US$6 billion contracts, the government of Indonesia is now welcoming Japanese companies to bid on an extension of the route from Bandung to Surabaya. Indonesian Economic Affairs Minister Airlangga Hartarto made the integrated rail link extension […]
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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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