Projects Development
Three New Water and Sewage Facilities to Be Built in Phnom Penh
Phnom Penh Municipality is planning to construct two new underground water reservoirs and a new sewage line to help ease flooding as part of implementing the city’s development masterplan.
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Construction Sector Milestone: Domestic Cement Production Up to 3.6 Million Tons in 2018
Cambodia produced more than 3.6 million tons of cement at four cement factories in the first nine months of 2018, a positive sign that the construction sector is growing steadily, according to the latest figures from the Ministry of Industry and Handicrafts.
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UK Condo Adding More Stock to Local Condominium Market
Condominium stock across Cambodia continues to rise with an average growth of around 18% in the fourth quarter of 2018, reflecting the country’s strong economic growth.
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Construction Deal for National Road No.5 Signed
The Ministry of Public Works and Transport (MPWT) has signed a construction deal with three Japanese firm as part of the US$500 million loan project funded by the government of Japan.
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Feasibility Study Underway for Phnom Penh-siem Reap Expressway
Two companies are conducting feasibility studies for a Phnom Penh-Siem Reap Expressway, according to the Minister of Public Works and Transport (MPWT) on 28 January 2019.
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Gdt to Build Us$60 Million Office in OCIC Development Zone
The General Department of Taxation (GDT) has chosen the development zone of the Overseas Cambodian Investment Corporation (OCIC) as the location for the construction of its new office building.
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Topping Out of Gold Tower 42 to Boost Property Sector
The property sector in Cambodia is to see a boost as a result of the topping out of the Gold Tower 42 project in the heart of Phnom Penh on 28 January 2019.
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US$2 Billion Phnom Penh-sihanouk Expressway Nearing Construction
Ground is soon to be broken on the US$2 billion Phnom Penh-Sihanoukville expressway. Work will begin soon after the installation of the concrete mix factory, and construction materials and machineries have been imported.
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Cambodian and Chinese Investors Team Up for Large Commercial City Project in Sihanoukville
Sihanoukville is preparing to welcome construction on a large commercial city, a joint venture between local developers and Chinese investors. The K99 Group recently broke ground on the 'Are de Triomphe' commercial project, with a capital investment of about US$70 million, jointly owned by the company and Chinese investors.
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Chip Mong Aiming to Gain Retail and Shopping Mall Market Share
One of Cambodia’s leading conglomerates Chip Mong Group has announced their intention to capture retail and shopping mall market share with attractive business strategies during a 23 January press conference.
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