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ខ្មែរ Local News
Three International Firms Plan US$500 Million International Theme Park in Kampong Speu Province
- 10 May 2019
Photo by brennenhuller.com Three international companies plan to invest US$500 million to develop the Boeung Voa Preng site in Kampong Speu province to become a world-class theme park, according to the provincial governor on 10 May 2019. Speaking with Construction & Property Magazine through telegram on 10 May 2019, Kampong Speu provincial governor H.E Vei Samnang said that three compani...
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France Provides Us$30 Million for Developing Cambodia’s Power Transmission Network
- 9 May 2019
France Development Agency (AFD) and the European Union have decided to provide of €$29.1 million in cooperation financing, approximately US$30 million for implementing on modernizing the power transmission system in Cambodia. The agreement of the cooperation financing was signed on May 6 by H.E. Aun Pornmoniroth, Minister of Economy and Finance and Remi Riou, general manager of the French Devel...
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Royal Group, Singapore Developer Building Luxury Condo in Toul Kork
- 8 May 2019
Photo by Hong Lai Huat Group Limited The Royal Group and Singapore-based real estate developer Hong Lai Huat Group Limited have partnered to jointly develop a 28-floor condominium in Toul Kork district. The project, named Royal Platinum Condominium, broke ground in a ceremony on Tuesday and construction is expected to be completed in 2021. The condominium will provide 851 residential unit...
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Winners Announced for PropertyGuru Cambodia Property Awards 2019
- 6 May 2019
The winners for the finest real estate projects in Cambodia were announced at the Gala Dinner of the ‘4th Annual PropertyGuru Cambodia Property Awards’ held at Sofitel Phnom Penh Phokeethra on 03 May 2019. With more than 370 guests joining the award ceremony presented by American manufacturer Kohler, the night was full of excitement with close to 40 awards going out over different entries with ...
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Cambodia-China Discuss Establishment of Sister City Alliance and Liaoning Industrial Park in Sihanoukville
- 3 May 2019
Photo by Ministry of Commerce Representatives of Cambodia and China recently discussed establishing a Liaoning- Sihanoukville Sister City Alliance and Industrial Park, according to a recent post on the Ministry of Commerce Facebook page. During the meeting held at Sofitel Phnom Penh Phokeethra, the Secretary of the Liaoning Communist Party of China Provincial Committee Mr Chen Qiufa told H.E...
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Wyndham Hotels & Resorts in Long Bay & Dara Sakor Sign Strategic Cooperation With Zhengheng (Cambodia) Co., Ltd and Trf Vacation Club
- 3 May 2019
A signing ceremony was recently held at the ZhengHeng HQ between ZhengHeng (Cambodia) Co., Ltd, the leader of the Long Bay Dara Sakor Holiday and Resort Project, and TRF VACATION CLUB. The signing ceremony officially started a new chapter of win-win cooperation between the two parties. Director of ZhengHeng (Cambodia) Co., Ltd, Mr. Deng Pi Bing and the General Manager of TRF VACATION CLUB, Mr. ...
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Key Advantages to Using a Property Management Company to Manage Your Cambodian Real Estate Assets
- 2 May 2019
Appointing a skilled property management company can significantly add value to your real estate portfolio while reducing the time and costs spent on having to manage the administrative, legal and technical issues associated with owning them. The recent completion of numerous real estate developments in Cambodia over the past few years has given rise to some interesting questions about how and ...
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Study on Urbanization Master Plan in Phnom Penh’s Southern Area Starts
- 2 May 2019
Phnom Penh Municipal and Paris City have teamed up to jointly conduct a study for master plan on urbanization development in southern part of Phnom Penh city focusing on public space, sanitary, environment in the city. The story project was announced in a workshop on development plan in southern area of Phnom Penh which was held on April 30. Meat Measpheakdey, spokesman at the Phnom Penh Mun...
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Affordable Housing for Garment Workers Planned
- 30 April 2019
The Ministry of Labour and Vocational Training has held discussions with the private sector on the possibility of building affordable housing for garment workers and for them to pay through installments at a similar rate as they currently pay for rented accommodation. H.E Ith Samheng, Minister of Labour and Vocational Training said the ministry is seeking private sector support to invest in bui...
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Cambodia’s First Real Estate Decennium Report Launched
- 30 April 2019
After collecting and compiling data for many years, Vtrust Appraisal Cambodia has launched a major report online entitled ‘Phnom Penh Sector 2030s: Ten Predictions for Real Estate’. To learn more about the report, Construction & Property Magazine met with Mr Hoem Seiha, Research Director for Vtrust Appraisal Cambodia. What is ‘Phnom Penh Sector 2030s: Ten Predictions for Real Estate’? T...
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