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ខ្មែរ Local News
Phnom Pen-Bavet Expressway Gets New Study
- 20 December 2019
Ministry of Public Works and Transport has unveiled that China Railway Corporation is conducting a study on the Phnom Penh-Bavet Expressway project in detail for making result report which will be submitted to the government to consider for investment. The study for detail has been made after the ministry and the Chinese company signed a framework agreement on the project recently, H.E. Sun Cha...
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Investors Shift Interest to Properties Outside Phnom Penh
- 20 December 2019
By Eric Wong Chon Lap In Phnom Penh, developers have been focusing on launching new housing and condominiums over the past years. So far, there are over 15,000 units in the city from condominium developments launched between 2016 and 2018. One major challenge faced by the housing and condominium markets is that the cost of investment has increased along with the hike in land prices in Phnom ...
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New roads along rail track sideways to link to US$2 billion express way
- 14 December 2019
Phnom Penh Municipal Hall and the Ministry of Public Works and Transport is studying the feasibility to construct two new roads along the sideways of the rail track which will connect to the US$2 billion expressway, said the press release. According to Phnom Penh Municipal Hall’s press release, the project is under a studying stage before getting approval from the government regarding the funds...
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10-year master plan to transform Kep into a ‘relaxation and high-end tourist destination’
- 12 December 2019
The Ministry of Tourism is currently drafting a 10-year master plan that will transform the coastal province of Kep into a ‘relaxation and high-end tourist destination’. The Kep provincial administration organised a meeting on 11 December to discuss the strategy for the tourism master plan for Kep to become a relaxation and high-end tourist destination’ in 2020-2030. According to a Facebook ...
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Poipet PPSEZ Opens Officially
- 9 December 2019
The Poipet PP Special Economic Zone (Poipet PPSEZ), a wholly-owned subsidiary of the Phnom Penh Special Economic Zone, was officially opened for operation on 9 December in Poipet city, Banteay Meanchey province. The launch ceremony was held at the same time as the official opening of Japanese firm Sumitronics which has invested in the zone. According to a CDC press release, the opening cerem...
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At least 3 die, dozens injured in collapsed pagoda in Siem Reap
- 3 December 2019
A pagoda temple building under construction in Siem Reap city collapsed on Monday 2 December, injuring about 20 workers. Local authorities said that the building collapsed in Prasat Kokchak pagoda in Koukchak commune at about 2pm today. At least three people were found dead in the collapsed pagoda building, police said. The victims are workers who are villagers working at the construction...
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The changing demand for residential rental units
- 2 December 2019
By Eric Wong Chon Lap As the number of expatriates grows in Cambodia, even though as those staying in Phnom Penh slows down, the market is seeing a change in demand. This is creating an impact on the rental apartment and condominium sectors in Phnom Penh, despite continuing healthy performance. Typically, when expats move to work with Cambodia, either individually or with their family member...
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Government official, winners of SCG contractor competition 2019 call on young people to consider skills training
- 30 November 2019
Phnom Penh, Nov 28, 2019 – Expert official and award-winning local builders from the annual SCG contractor competition 2019 have encouraged young people to pursue technical and vocational training for skills currently on high demand in the job market, including in construction sector. Mr. Hing Sideth, director general of TVET general department of the ministry of labor and vocational training, ...
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Thirty-five major Chinese companies interested in investing in Kampong Speu
- 29 November 2019
The Kompong Speu provincial administration said on 27 November that 35 large companies from China were interested in investing in the province. Kompong Speu Provincial Governor, Vei Samnang met with the representatives of the companies who came to explore investment opportunities in the province. The governor told them about the potential of the province, especially the existing Chinese compani...
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Southern Phnom Penh to become green city and high-end commercial centre
- 28 November 2019
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 a master plan on urban development in the southern part of Phnom Penh, as Pa...
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