Urbanization and Architect
Siem Reap ring road renovation project kicks off
The Siem Reap ring road renovation project saw ground officially broken on 15 August, according to an announcement by the Ministry of Public Works and Transport. The ground-breaking ceremony was presided over by the Minister of Public Works and Transport H.E. Sun Chanthol, and attended by many other relevant officials and locals. The project is […]
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Ground broken on Olympic-sized swimming pool in Battambang
The Government of Cambodia has officially broken ground the construction of an Olympic-sized swimming centre in Battambang province as part of its preparations to host the 2023 SEA Games. The groundbreaking ceremony was presided over by the Deputy Prime Minister Samdech Sar Kheng and the Minister of Public Works and Transport H.E. Sun Chanthol, and […]
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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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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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Asset Management – A course to help us to understand the importance of assets
The Royal Chartered Institute (RCI) will be conducting the 1st Module under the Certificate of Asset Management, which is Asset Management on 07 September 2019. The lecturer will be Dan Davies from the United Kingdom. What is an asset? Assets are normally described as property in normal terms. In real estate, assets can cover infrastructure, […]
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US$21.2 million in projects approved across three provinces
The Council for the Development of Cambodia (CDC) approved four investment projects across three provinces on 31 July with a total investment value of more than US$21.2 million, adding more than 1,500 jobs to the market. The Prestige Hospital Co., Ltd, was permitted to build its 100-bed world class hospital in Sangkat Tonle Bassac Khan […]
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PM Calls On Land Ministry To Review Construction Permit Process
In response to the complaint of the slow process in obtaining construction permits, the Cambodian Prime Minister on 29 July called on the land minister to review the process. “Some construction sites work illegally because officials refused to approve them [construction permit], so [land minister] needs to look at this,” Prime Minister Samdech Techo Hun […]
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CDC approved US$36 million construction material investment in Sihanoukville
The Council for the Development of Cambodia (CDC) on July 29 approved six construction material investment projects in Sihanoukville with totaling investment value of more than US$36 million. Located mainly in the Sihanoukville Special Economic Zone (SSEZ), the total six projects expected to generate 1,838 jobs using an investment capital of US$36.2 million. TB Flooring […]
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