Projects Development
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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Cambodia economy gets boosted with US$2.7 billion airport investment
Along with steady economic growth, Cambodia needs billions of dollars in investment to improve its aviation sector to help facilitate trade as well as accommodate the 15 million air passengers expected to enter the country by 2030. While improving the aviation sector is part of the government’s plan to push the country to become an […]
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Cambodia, Laos to sign 2,400 MW power deal
Cambodia and Laos are to sign a power deal allowing Cambodia to import 2,400 MW from Laos, with the Council of Ministers scheduled to discuss the details of the deal on 11 September. The deal is scheduled to be signed next week during the official visit of Lao Prime Minister Thongloun Sisolith to Cambodia. Victor […]
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Thai company wins 60 MW solar investment bid
Thailand-based developer and operator of renewable power Prime Road Alternative has won the public bidding on a 60-MW solar project located in Kampong Chhnang province, and will generate the lowest tariff in the Southeast Asia region. The public bidding on the project was started in February this year after a feasibility study conducted by an […]
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New 4-star hotel opens in Kampong Thom province
Kampong Thom Royal Hotel & Restaurant officially opened its doors on 09 September in the heart of Kampong Thom province, adding another 87 rooms to support the tourism sector in the province. Located in Stung Sen city, Kampong Thom Royal was built with US$5 million from Cambodian investors and comprises 87 guest rooms as well […]
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Walking Street along the riverfront set to open for vendors
The Walking Street project running from the Cambodia Post Office to the Royal Palace will allow vendors to sell all kinds of products to attract national and international tourists, said Phnom Penh Municipality. Met Meas Pheakdey, spokesman for Phnom Penh Municipality, told Construction & Property Magazine on 07 September that the project will be open […]
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Government boosting establishment of more SEZs along border areas
The Council for the Development of Cambodia (CDC) is studying and seeking greater understanding on investment and trade to compile a mechanism to boost the establishment of more special economic zones (SEZ) along border areas, while drafts of a new law on investment and a new law on special economic zones has been completed. CDC […]
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City Hall holds meeting on ‘Walking Street’ project
Phnom Penh Municipality organised a meeting on 05 September to discuss the implementation of the ‘Walking Street’ project. The meeting was chaired by Phnom Penh Municipal Governor H.E Khuong Sreng with other relevant authorities participated as well. The project will expand pedestrian paths along the riverside starting from the Cambodia Post Office to the Royal […]
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