Construction of Psar Demkor market pedestrian bridge 85% complete
Construction of a pedestrian footbridge at Psar Demkor market’s intersection is 85% complete after construction started in late 2019. Located the conjunction of Mao Tse Tong Blvd and 336 street in Toul Kork district, this construction of this skywalk began on 28 December 2019 and is expected to take six months to complete. According to Phnom Penh Municipality, at this stage, the 27-meter lon...
Read MoreCentury 21 to recruit 3,800 real estate agents
Century 21 Zillion Holding is recruiting 3,800 potential real estate agents in response to a strong increase in market demand amid Cambodia's booming real estate sector. The firm announced the recruitment drive during a training program they hosted for prospective real estate agents on 19 February at the Grand Phnom Penh Hotel. According to Ms Grace Rachy Fong, CEO of Century 21 Cambodia, th...
Read MoreGovernment approves four construction material factories worth US$25 million
The Cambodian government, through the Council for the Development of Cambodia (CDC), has recently given permits to four firms to invest a total of approximately US$25 million in establishing their construction material businesses in Cambodia, which are expected to generate at least 1,100 jobs. According to the CDC announcement, the four firms are Kaining Metal Product (Cambodia) Co., Ltd, Hong ...
Read MoreCBRE: EBA withdrawal may harm industrial estates, retail, and property loans
The withdrawal of EBA trade privileges from Cambodia, which is expected to take place by August, may pose risks to the kingdom's real estate sectors especially on industrial estates, in the retail sector, and for borrowing on residential real estate, according to the prediction of CBRE Cambodia. Based on the viewpoint report released by CBRE Cambodia in February, the EBA withdrawal will possibl...
Read MoreNo sand exports since 2017, says Mines Ministry
The Ministry of Mines and Energy has claimed that there have been no exports of sand from Cambodia since 2017 due to both environmental issues as well as the increase in domestic demand given the current construction sector boom. The claim comes in response to research done by the University of Southampton in the UK, which discovered that the Mekong riverbanks, especially in Cambodia, are prone...
Read MoreCCA to organise oversea business tours for members
The Cambodia Constructors Association is planning to organise oversea business tours for members to seek further business opportunities and broaden networks with foreign business partners. According to CCA Secretariat General Manager Mr Chhiv Sivpheng, the association is working on the details with partners, and is hoping to host the trip within this year. “Currently, we are dealing with our...
Read MoreAustralia to help strengthen construction safety in Cambodia
A total of 21 Cambodian officers will be sent for training on construction safety in Australia in March, as part of the Australian Government’s contribution to help strengthen construction safety standards in Cambodia. The official announcement regarding the project was made during a meeting between the Australian Ambassador to Cambodia H.E. Pablo Kang, and the Minister of Land Management, Urba...
Read MoreSihanoukville’s Ream Bay to become a US$16-billion mega tourist attraction
Ream Bay of Preah Sihanouk province will be transformed into a US$16-billion gigantic tourist attraction, spread over 800 hectares of land, according to the Ministry of Land Management, Urban Planning, and Construction. The project was announced during a meeting between H.E. Chea Sophara, Minister of Land Management, Urban Planning, and Construction, and related authorities on 14 February. T...
Read MoreGround broken on 11 road construction projects in Sihanoukville
Construction on 11 road projects in Sihanoukville officially started on 14 February 2020, with the ground-breaking ceremony presided over by H.E. Suong Heng, Secretary of State of the Ministry of Public Works and Transport. With a total length of 16km, the project includes the extension of National Road 4 from 2 to 6 lanes and the renovation of the 10 roads with a total length of 9km. The re...
Read MoreMLMUPC organizes second construction law workshop
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) organized a second dissemination workshop on construction law for professionals in the construction sector at the Sokha Phnom Penh Hotel on 13 February. H.E. Chea Sophara, Deputy Prime Minister and Minister of Land Management, Urban Planning, and Construction stated, “The main goal of this law is to ensure the quality and...
Read MoreOffshore Block D oilfield agreement signed
The Ministry of Mines and Energy has signed an offshore Block D oilfield agreement with Cambodia Resources Energy Development Co. The oil agreement was agreed in December last year and the company is scheduled to start exploration for oil in the Block D in 2020, according to H.E. Cheap Sour, Director-General of Petroleum at Ministry of Mines and Energy. The agreement signing allows the company ...
Read MoreDomestic cement factories produced nearly 8 million tons of cement in 2019
Local cement factories increased production to almost 8 million tons in 2019, while imported cement was valued at US$129 million in response to the high demand driven by the kingdom’s booming construction sector. A report from the Ministry of Mines and Energy shows that at present, Cambodia has five cement factories with the capacity to produce up to 8.3 million tons per year. Four out of th...
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