Projects Development
Cambodia to welcome first Autograph Collection hotel in early 2022
Global hospitality firm Marriott International signed an agreement with local developer Wywaza Investment on 08 August 2019 to bring the first Autograph Collection Hotel into the kingdom under the name KHŌM Hotel. Located in the heart of Phnom Penh in front of Wat Botum Park, KHŌM hotel will comprise of 130 rooms, designed to showcase […]
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Solar power to account 15% of total power consumption next year
Cambodian government announced that next year power generated from solar farms will account 15% of total power output in the national grid. It is a contribution to reduce climate change. Keo Ratanak, Director General of Electricte Du Cambodge (EDC), said in a press conference held on Thursday that the 15% from solar farms in the […]
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Avani Hotels Officially Opens First Property in Siem Reap
After six months of renovation by Thai hotel chain Avani, the French colonial architecture-styled Foreign Correspondents’ Club has been officially re-opened under the new name of ‘FCC Angkor managed by Avani Hotels & Resorts. Located a 20-minute drive from Siem Reap’s airport, this new hotel comprises 80 rooms and suites decorated in vintage style. The […]
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Century Plaza market to be transformed into shopping centre
One of the oldest markets in Phnom Penh along the Russian Federation Blvd Century Plaza is to be transformed into a shopping centre following a recent meeting between the developer, vendors, and city hall. On 04 August, a meeting was held between Mr Nuon Pharat, vice governor of Phnom Penh Municipal Hall, the developer, and […]
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Government Gives Green Light to Another New SEZ in Sihanoukville
The Cambodian government has recently approved the construction of another special economic zone project on more than 55 hectares of land in Sihanoukville, to help boost the kingdom’s economic growth. This approval comes as a result of the second inter-ministerial meeting regarding the Environmental and Social Impact Assessment (ESIA) discussion on this project on 01 […]
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August 8th breakfast talk to discuss real estate and hotel investment in Cambodia
With Cambodia rapidly growing real estate market, international real estate agency CBRE Cambodia and legal firm DFDL to hold a breakfast talk on 8 August to discuss the potential of the Cambodia real estate and hotel investment at the Rosewood Phnom Penh hotel. Under the theme “Real Estate Investment in Cambodia”, the event will bring […]
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Three provinces chosen to be secondary urban tourism destinations
The Ministry of Tourism in partnership with the French Development Agency (AFD) has selected three provinces, namely Kampot, Battambang, and Kratie, to be secondary urban tourism destinations, with the aim to reduce congestion in main tourism destinations and to develop sustainable tourism in Cambodia. The commitment to develop the three provinces was agreed at a […]
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New road maintenance technology called In-Place Recycling introduced to Cambodia
A new road maintenance technology called In-Place Recycling has been introduced to Cambodia through a one-day seminar held at the Ministry of Public Works and Transport (MPWT) on 01 August. As Cambodia is campaigning to improve its road quality through various projects, this new technology would see better road performance and could save money for […]
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Rents to climb in Phnom Penh office market as new supply comes online
The property market in Phnom Penh will keep growing, just as office rents have risen consistently over the past five years despite the continuing increase in the number of office spaces available in Phnom Penh. The market today is still on the rise. Until now, there are no risk factors for the next dip. Currently, […]
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Morgan Group ground breaks its mega multipurpose project in Sihanoukville
China-based developer Morgan Group on 31 July had ground break its mega multipurpose project in Sihanoukville amid booming construction investment in the city. With an unclose investment capital, Ever Asend Development Co.Ltd , a subsidiary of China-based developer Morgan Group, has begun construction of its multipurpose project called the Morgan The Pure Bay with a […]
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