Property Focus
Affordable Housing for Garment Workers Planned
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...
Read MoreCambodia’s First Real Estate Decennium Report Launched
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...
Read MoreChinese Firm Plans for 200 Megawatts Solar Power
Photo by Global Business Insight Chinese electricity investment company plans to invest in 200 megawatts solar power plant, according to the result of a meeting between Prime Minister Samdach Techo Hun Sen and the company’s representative in China. According to Samdach Hun Sen’s Facebook Post on 28 April, representative of China Huaneng Group, which has previously invested in the Lower Sesan...
Read MoreJapan to Construct US$25 Million Water Treatment Facility in Choeung Ek
Photo by pixabay.com The government of Japan, through the Japan International Cooperation Agency (JICA), has decided to help a construct water treatment facility for Cambodia in the southern part of Phnom Penh, as a result of a 24 April meeting. According to a Facebook post from Phnom Penh City Hall, the meeting between Phnom Penh Governor H.E Khoung Sreng and representatives of JICA, “decid...
Read MoreChip Mong Retail Ground Breaks Community Mall in Russey Keo Area
One of Cambodia leading retail players, Chip Mong Retail, broke ground on another community mall located in the Russey Keo area on 26 April. Sitting in the heart of Park Land 598 along Chea Sophara Road, this 5-storey ‘Chip Mong 598 Mall’ stretches over 11,000 square metres of floor area with 133 parking lots with construction expected to finish by the first quarter of 2021. With key retail ...
Read MoreExperts Gather to Talk About Valuation and Banking Sectors
Real estate experts and bank representatives in Cambodia gathered together to discuss valuation services and the role of banks in helping develop the real estate sector. On the evening of 24 April 2019, Cambodia’s largest property appraisal firm VTrust Appraisal Cambodia organised a ‘Supplier & Clients' Day’ at the Himawari Hotel to share information as well as announce its new services and...
Read MoreHow to Waterproof My Basement?
Photo by Sika Cambodia Leaks in basements are a major concern for building owners and facility managers across Asia. Sika Cambodia offers a complete package, including waterproofing membrane, joint treatment, internal render and standard solutions for all kinds of construction details that your project may request. This combination of technologies is well proven and will ensure that your bas...
Read MoreStudy on Port Development Master Plan Started
Photo by MPWT The Ministry of Public Works and Transport has allowed a group of Chinese experts on ports to conduct a study for a master plan on port development and the waterway system connection in Cambodia. Port experts from China Merchants Port in southern China’s Shenzhen city, which is the second largest port in China and the third largest port in the world, will conclude the study ove...
Read MoreSuccessful Concrete Pipe Solution at PT. Calvary Abadi
Indonesian company PT. Calvary Abadi has operated the Souveraen concrete pipe machine by BFS Betonfertigteilsysteme from Germany for almost two years. The investment was worth it, and Calvary is more than satisfied with the industrial solution. PT. Calvary Abadi invested a lot of time and consultation by BFS Betonfertigteilsysteme GmbH and the Rieckermann Group before they took a decision. The ...
Read MoreSpokesperson: Ground Broken on National Road No. 2 Soon
After many years of waiting, the expansion of National Road No. 2 financed the South Korean government, is scheduled to break ground soon, according to the Ministry of Public Works and Transport (MPWT). Speaking by phone with Construction & Property Magazine on 24 April 2019, H.E Vasim Sorya, spokesperson for MPWT said that the initial procedures for the project are completed with ground br...
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