Projects Development
Thailand’s economic corridor sees residential projects boom
Thailand’s enormous Eastern Economic Corridor (EEC) has seen residential projects achieve a combined value of US$18.4 billion, according to the Government Housing Bank’s Real Estate Information Centre. Reporting on the government data, The Nation newspaper noted that the economic corridor, incorporating the provinces of Rayong, Chonburi and Chachoengsao, now has 30,954 residential projects as of […]
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Construction on 69-storey condominium starts in Phnom Penh
Chinese construction company, Morgan Ford, has invested US$600 million to build a 69-storey skyscraper along the Mekong River, in the central of Phnom Penh. Construction officially started this week on the 220-metre high 69-story condominium building, Morgan En Maison located on the Mekong River in Chroy Changva district, according to Ding Yongjun, managing director of […]
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Government to spend US$30 million to modernise Calmette Hospital
The government will spend US$30 million on renovating Calmette Hospital, along with tens of millions of dollars in funding to modernise the state’s leading hospital. Writing on his official Facebook page, Prime Minister Hun Sen said that “today, I decide to release US$ 30 million to continue building a 12-storey building that has already been […]
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US company sees potential of investing in energy sector in Cambodia
The US ambassador to Cambodia has said that US company General Electric (GE) is interested in investing in Cambodia’s energy sector, according to a Ministry of Commerce post on 22 November. In a meeting with H.E Pan Sorasak, Minister of Commerce, Ambassador W. Patrick Murphy said that in the short time he has been in […]
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Four mining sites across nation to open for exploration
Four mining sites in Cambodia will be opened for companies to explore, according to a letter published by the Ministry of Mines and Energy on 22 November. The ministry has called local and international firms to apply for a mining license in Stung Treng, Battambang, Kratie and Kampong Thom which stretch over a total of […]
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Kampong Speu to host SEA Games events in new US$2 stadium
An international standard stadium will be built in Kampong Speu province ahead of Cambodia hosting the 2023 ASEAN Games. An event hosted by the Kind Hearts foundation of Naga World on 19 November raised US$2 million to fund the stadium’s construction. Located in Tamol village in Chabar Mon town, Kampong Speu province, the stadium complex […]
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US$ 200 million to build the water treatment plant in Phnom Penh
The Phnom Penh Water Supply Authority (PPWSA) and a French construction company will build a water treatment plant in Bakheng at an estimated cost of US$200 million to supply water to nearly half of Phnom Penh’s consumers, according to a statement released by VINCI Construction on Tuesday 19 November. French-based VINCI Construction Grands Projects recently […]
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The kingdom’s railway reopening – how is it progressing?
Cambodia Railway consists of two lines with a total length of 650 kilometres. The Northern Railway has a length of 386 kilometres from Phnom Penh to Poi Pet (Cambodia-Thailand border) and was constructed and functional between 1929 to 1942. The Southern Railroad was built between 1960 and 1969 and is a total length of 264 […]
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Hunan Province investors attracted by main sector potential
Cambodia has attracted investors from Hunan province, China to invest in the country’s main sectors. The Royal Government of Cambodia has encouraged the interest, particularly in the development of infrastructure to make Cambodia more competitive by being well-connected inside the country and in the region. Speaking at a Hunan Investment Promotion and Machinery Expo held […]
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Phnom Penh Airport to facilitate parking for 42 aircraft by December
Phnom Penh International Airport recently announced construction of parking slots for 12 additional aircraft, on an area commonly known as Apron B at an estimated cost of US$ 8 million. The slots will be primarily used for long-term aircraft parking, and by December there will be an additional 30 for aircraft – “C”, A320 and […]
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