Projects Development
Phnom Penh to have priority bus lane by October
Phnom Penh Municipality has recently announced its plan to launch a priority public bus lane on Monivong Boulevard in October, with the aim of reducing traffic congestion as well as to improve the city’s infrastructure system. The announcement was made on 17 January during a meeting between Phnom Penh Governor H.E Khoung Sreng, together with […]
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Constructions along Mekong riverbank at risk of collapsing due to excessive sand mining
Geo-environmental researchers have recently revealed that Mekong riverbanks, especially in Cambodia, are prone to collapsing due to the excessive sand mining driven by the high demand for sand in the construction sector. According to the report by The Science Times, the research team from the University of Southampton discovered that sand mining is the leading […]
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Phnom Penh goes green: More than 400 green projects logged in Q4 2019
With the ultimate goal of building a more sustainable city, a number of real-estate developers have been moving toward greener projects, with 405 net green projects recorded in Phnom Penh in Q4 of 2019, according to CBRE Cambodia. According to a report released by CBRE on 16 January, those green projects include hotels, retails, offices, […]
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Condo supplies projected to grow at 55% in 2020: CBRE
CBRE, a leading commercial real estate services and investment firm, has projected growth of condominium unit supplies at 55% in 2020, thanks to strong growth in the construction sector in 2019 and the newly approved construction law which builds confidence in the future quality of buildings and condos. CBRE’s report issued on 16 January stated […]
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Government accelerates study on National Road 10 construction
National Road Number 10 linking Samlot in Battambang province, Veal Veng in Pursat province and Koh Kong province is scheduled for construction in 2020, as the inter-ministerial working group has accelerated the planning study. According to a report from the Ministry of Public Works and Transport, National Road Number 10 is part of the infrastructure […]
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Investment on Waste to Energy Boosted
The Royal Government of Cambodia has boosted investments on converting solid waste to energy which is part of urban solid waste management while amount of solid waste increases year by year. Attracting investment on waste on energy is stated in the draft of policy on urban solid waste management for 2019-2028 which is currently being […]
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Government agrees new airport investment project in Koh Kong province
A new airport investment in Koh Kong province has been approved by the Royal Government of Cambodia, allowing investors to build an airport in Mondul Seima district. According to an announcement from the Council of Ministers released on January 13, the government has approved the airport investment on between 400 and 600 hectares to be […]
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Design of new US$1.5 billion Phnom Penh International Airport 60% completed, construction nears
The architectural design of the US$1.5 billion New Phnom Penh International Airport in Kandal province is now 60% completed with construction coming near, according to Cambodia Airport Investment Co.,Ltd. Speaking to a group of Japanese investors on 9 January at the Canadia Tower, Mr Yee Con Long, a member of the project steering committee of […]
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New underpass planned for Russian Federation Blvd
Phnom Penh City Hall has unveiled a plan to build a new underpass on Russian Federation Road in front of the Royal University of Phnom Penh to facilitate student travel. The tunnel project was discussed at a meeting held on 9 January in the presence of the Phnom Penh governor Khoung Sreng. The tunnel construction […]
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Draft of Master Plan on Transport and Logistics Expected to Finish This Year
Draft of Master Plan of Intermodal Transport and Logistics Connectivity is expected to finish drafting in mid of 2019 and then submitted to the Council of the Ministers for check and approval. H.E. Sun Chanthol, Senior Minister and Minister of Public Works and Transport, said that the interim master plan on the intermodal transport and […]
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