Urbanization and Architect
OCIC Developing “Second Diamond Island” on Koh Norea Area
Overseas Cambodia Investment Corporation (OCIC) is developing a new satellite city, known as the second Koh Pich or Diamond Island in the Koh Norea area. OCIC Chairman Okhna Pung Kheav Se said that the company is filling the area with sand on the Koh Norea area in Chbar Ampov district adjacent to Koh Pich island […]
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Southern Phnom Penh to become green city and high-end commercial centre
The Phnom Penh city hall master plan (2015-2035) has designated the area south of the capital to be developed into a green city and the most important high-end commercial centre in 15 years, according to a Prince Real Estate statement on their website. Phnom Penh Municipality and the city of Paris conducted a study for […]
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Urban Village wins award for ‘Best Condo Development’ in Asia from PropertyGuru
Urban Village by Urban Hub (Cambodia) Co.,Ltd has been the only Cambodia applicant to win one of Asia’s longest-running and most respected real estate awards, the PropertyGuru Asia Property Awards. Held at The Athenee Hotel, Bangkok in Thailand, the 14th PropertyGuru Asia Property Awards represented major winning titleholders and included the award for ‘Best Condo […]
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Two potential districts future landed property in Phnom Penh
Sen Sok is the district with highest volume of landed property projects with completed landed residential project numbers standing at 45 developments as of Q3 2019, according to a CBRE Cambodia report. Due to Sen Sok’s rapidly increasing land prices, as this district is now very close to the centre of Phnom Penh, the landed […]
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Ministry Orders Gold Tower 42 to Suspend Construction
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) issued a temporary moratorium on the construction of the Gold Tower 42 on 20 November and ordered the company to fulfill the required safety conditions before construction could resume. The letter ordered Lee Sun-hum, a representative of Yon Woo (Cambodia), the owner of Gold Tower […]
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Report: Demand in Cambodia increasing for construction and infrastructure advancement
As the Cambodian government focuses on infrastructure development, market opportunities are rising for companies operating in the construction and infrastructure industry to emphasise technological advancements and standardise modern methods of construction, according to the recently published OG Analysis report. Titled ‘Cambodia Construction and Infrastructure Market, Size, Share, Outlook and Growth Opportunities 2020-2026’, the report shows […]
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PM aims to transform Sihanoukville to be Asian Tiger financial hub
Cambodia’s Prime Minister Samdech Techo Hun Sen on 16 November expressed his ambition to transform the coastal city of Sihanoukville into an Asian Tiger financial and economic hub. The Prime Minister announced his ambition during the groundbreaking ceremony of 34 roads in Sihanoukville which will be built to identical technical standards using a budget of […]
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Government says industrial zone filled along National Road 4
The Royal Government of Cambodia has been placing industrial facilities along the National Road 4 to serve the economic need of the two main pillars of Cambodia’s economy, Phnom Penh and Sihanoukville, said Prime Minister Samdech Techo Hun Sen on 16 November. Speaking at a road ground-breaking ceremony in Sihanoukville, Samdech Techo Hun Sen reaffirmed […]
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New Roads to Rebuild Face of Sihanoukville
The Royal Government of Cambodia is spending US$294 million on infrastructure in Sihanoukville city, building 34 roads to help transform the face of this beach city with new infrastructure, commercial buildings, and an attractive tourism sector. The breaking ground ceremony of the 34-road construction project was held on November 16 under the auspices of Samdech […]
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SEZs development to help realise Cambodia’s vision for Industry 4.0
By Leakhena Khat With developments in technology and the rise of global market competition, Cambodia must develop its industrial sector for higher economic growth and to get itself ready to implement the vision of Industry 4.0. To realise this vision, the Cambodian government via the Council for the Development of Cambodia (CDC) is currently focusing […]
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