PPSEZ Affordable Housing Project to Break Ground in November

H.E. Senior Minister Chea Sophara, Minister of Land Management, Urban Planning and Construction

Representatives from the Phnom Penh Special Economic Zone (PPSEZ) and United Nations Development Programme attended an official meeting with H.E. Senior Minister Chea Sophara, Minister of Land Management, Urban Planning and Construction on 4 June to discuss the timeline and details of their affordable housing project.

The project is the result of cooperation between PPSEZ and UNDP to build a total on 3,136 affordable housing units on more than 7 hectares of land in the Phnom Penh Special Economic Zone.

The project is currently in the architectural design stage with a design competition launched last month to identify the most sustainable and eco-friendly design that fits best to requirements of the expected tenants. (read more). The architectural design will be finalised by August and construction is expected break ground in November.

According to the Chairwoman of PPSEZ Lok Chumteav Oknha Lim Chhiv Ho, the objective of the housing project is to help support low-income earners in Cambodia to have decent housing. The project will give priority to PPSEZ workers. However, low-income earners from outside PPSEZ are also eligible to purchase units.

In response, H.E Chea Sophara has shown strong support for the project as it can help not only the lower-income earners with decent housing, but also shows that the construction sector in Cambodia continues to grow.

Chairwoman of PPSEZ Lok Chumteav Oknha Lim Chhiv Ho

 

 

 

- Video Advertisement -

Related Post

Cambodia Secures USD 78.81 Million in New Concessional Loans to Boost Economic Growth

In the first quarter of 2025, the Government of Cambodia successfully signed new concessional loans amounting to USD 78.81 million (equivalent to SDR 59.11 million). This funding represents 3% of the total borrowing ceiling allowed under national law, which stands at SDR 2,000 million. According to a report from the Ministry of Economy and Finance […]

Vietnamese Investors Show Strong Interest in Cambodia: 150 Companies Ready to Invest

In a significant move to strengthen bilateral economic ties, approximately 150 Vietnamese companies have expressed keen interest in investing in Cambodia. This development was highlighted during a meeting on June 10, 2025, between H.E. Nguyen Minh Vu, the Vietnamese Ambassador to Cambodia, and H.E. Binh Trachhai, the Minister of Planning. Ambassador Nguyen noted that the […]

Cambodia Sees Surge in Investment Activity in Early 2025

In a promising start to 2025, Cambodia has attracted 290 new investment projects, totaling over USD 4 billion in investment capital during the first five months, according to the latest report from the Council for the Development of Cambodia (CDC). Remarkably, this marks a significant increase from the same period last year, with 137 additional […]

Vietnam to Construct Cambodia-Vietnam Friendship Monument to Celebrate Strong Ties

Vietnam has announced an ambitious plan to build a Cambodia-Vietnam Friendship Monument, aimed at honoring the strong bonds of friendship and cooperation between the two nations. This initiative underscores their mutual gratitude and highlights the enduring ties that have existed throughout history. The announcement coincided with a visit from Samdech Akka Moha Sena Padei Techo […]

Germany Reaffirms Commitment to Cambodia’s Infrastructure Development

In a significant milestone marking 32 years of diplomatic relations, Germany has played a pivotal role in enhancing Cambodia’s infrastructure, contributing to the development of over 2,000 kilometers of roadways. This achievement was highlighted during a recent meeting between His Excellency Chhay Rithsen, Cambodia’s Minister of Rural Development, and Mr. Gidon Windecker, a representative of […]

Cambodia Enhances Port Management and Development: A Workshop for Zoning Strategies

  In an effort to strengthen administrative management and enhance efficiency across its maritime operations, Cambodia is focusing on its 103 ports. The Ministry of Public Works and Transport is currently developing comprehensive zoning documents as part of the “Capacity Building Project for Port Administration Management.” This initiative was outlined in a recent workshop led […]