Projects Development
Land ministry announces land use master plan 2035 for Siem Reap
The Ministry of Land Management Urban Planning and Construction (MLMUPC) published the land use master plan 2035 for Siem Reap on 20 September which will serve as a basis for the land management and development direction of the province. Base on this master plan vision, the government will design and develop ‘Siem Reap City as […]
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Phnom Penh Mega Mall set to open in 2020
The Phnom Penh Mega Mall along the Russian Boulevard has opened for tenants to move in with the officially opening set for 2020. Phnom Penh Mega Mall is a 10-storey building with a total construction area of more than 100,000 square metres and is being developed by Hassan Cambodia Development Co., Ltd. Mrs Ann Sothida, […]
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Ground broken on 32-storey Tax Tower in Chroy Changvar Satellite City
The General Department of Taxation (GDT) broke ground on 19 September on its new 32-story tax building in Chroy Changvar Satellite City which will be a new landmark in Phnom Penh. Construction began after the GDT purchased the land from the Overseas Cambodian Investment Corporation (OCIC) to build the US$60 million building. (Read more) According […]
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Chint Group plans to build electrical components factory for the energy sector
China-based electrical components manufacturer Chint Group plans to set up a factory in Cambodia to serve the energy sector, according to a Facebook post by Prime Minister Samdech Techo Hun Sen. The plan was announced during a meeting between Samdech Techo Hun Sen and the Chairman of the Board of Directors of Chint Group on […]
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Olympia Mall set for 2nd phase in 2020 to attract 50,000 visitors daily
Cambodia’s leading developer Overseas Cambodia Investment Corporation (OCIC) will expand its Olympia Mall in 7 Makara district in 2020 hoping to attract around 50,000 visitors daily. Following the success of the launch of the first phase in June 2019, OCIC is constructing a second phase that will bring the total floor area to 12,000 square […]
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Understanding the Phnom Penh AGT development project
As Phnom Penh’s population continues to grow and the city is becoming busier, the government has been looking for solutions to overcome traffic congestion including the development of an automated guideway transit (AGT). According to a recent project review report Construction & Property Magazine received recently, the government plans to spend about US$1,843 million to […]
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Government plans to establish new Siem Reap city
At the 3rd meeting of the inter-ministerial committee for the Tourism Master Plan in Siem Reap on 16 September, the government outlined plans to establish a new Siem Reap city that would allow the construction of modern buildings. According to a Facebook post by the Ministry of Tourism, the new Siem Reap city will be […]
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39-storey building slated for Chbar Ampov district
A US$1 billion 39-storey commercial building is planned to be constructed in Nioth commune, Chbar Ampov district, on the east of Bassac River opposite Koh Pich City. Construction on the Vue Aston building is set to start by the end of 2019 and will be completed by 2022. The building is joint venture between Sino-Cambodia […]
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Sihanouk International Airport to be able handle 10 million passengers
Cambodia Airports will upgrade the capacity of Sihanouk Airport to be able to handle 10 million passengers per year through their master plan on expanding overall terminal building capacity. The master plan for terminal expansion was approved by the State Secretariat of Civil Aviation on Thursday in a meeting between H.E. Mao Havannall, Minister in […]
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Japan leads China in SE Asian infrastructure funding
Despite China’s deep pockets and high-profile infrastructure projects in SE Asia via its Belt & Road Initiative, Japan continues to outspend its neighbour on large-scale regional projects. According to data gathered by Fitch Solutions and reported in Bloomberg, Japanese-backed projects in Southeast Asia’s six biggest economies – Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam – […]
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