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ខ្មែរ 
5th Annual PropertyGuru Cambodia Property Awards follows banner year for Khmer condo development
Asia’s most respected real estate honours renewed its call for the most award-worthy development firms and projects in Cambodia with the announcement of the timeline for the 2020 PropertyGuru Cambodia Property Awards, presented by Hitachi Elevators and Escalators. The fifth edition of Cambodia’s most prestigious real estate awards programme will be staged at a black-tie gala dinner and awards c...
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EuroCham to host exclusive talk on Real Estate Market Trends in Phnom Penh
EuroCham is hosting an exclusive breakfast talk on Real Estate Market Trends in Phnom Penh on 13 February. To be held at the Himawari Hotel at 7.30am, the event will include a keynote presentation by Mr Sorn Seap, one of the most knowledgeable real estate experts in Cambodia and the CEO of Key Real Estate Co., Ltd. He will share the latest trends and figures about real estate in Phnom Penh. ...
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Government approves 1,000MW coal-fired power plant
The Council of the Ministers has approved two coal-fired power projects with a capacity of nearly 1,000MW, to help fulfil the high demand in power consumption in the kingdom. The coal-fired power projects were approved in a meeting of the Council of the Ministers held on 7 February. The first project is a 265MW coal-fired power plant to be invested in by Han Seng Coal Mines Co Ltd. Located i...
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Phnom Penh Mega Mall 99.4% complete, expected to open by Q4 this year
Construction of Phnom Penh Mega Mall is currently 99.4% complete and is expected to open for operation by Q4 of 2020, which is another delay from last year’s announcement. According to the president and CEO of the Hassan (Cambodia) Development Mr Olvy Othsaman, the original plan for the opening was in Q3 this year. However, due to internal work, it has now been pushed back. “Actually, we hav...
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Loose real estate credit harms buyers the most, says expert
Real estate analyst and managing director of CBRE Cambodia Mrs Sothida Ann recently expressed her concern that real estate buyers in Cambodia are the most prone to risk from poorly regulated lending measures, in particular from project owners. The concern comes after several international organisations urged Cambodia to tighten its lending measures on the real estate sector to avoid risk. In...
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Tbong Khmum province to have new dual-function canal system
Tbong Khmum Municipality, together with the Ministry of Land Management, Urban Planning, and Construction, will jointly build a new dual-function canal system in Krouch Chmar district to help facilitate water supply for local people. According to a Ministry press release, the canal is a dual-function waterway which helps provide water supply during the dry season and also help prevent flooding ...
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MLMUPC to organise second construction law workshop
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) will organise a second dissemination workshop on construction law for professionals in the construction sector at the Sokha Phnom Penh Hotel on 13 February. According to a Ministry announcement issued on 5 February, the dissemination workshop is for those registered architects, engineers, and electrical engineers who were...
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Advertorial: Special Gift from Chip Mong Tile!
To celebrate the year 2020, Chip Mong has been giving away hundreds of gifts to customers who have always supported and used the Chip Mong Tile. Every purchase of 500 Chip Mong tiles, you to get a beautiful backpack immediately. Buy more, get more. This offer will continue until stock run out Chip Mong tile is high-quality, made with the latest technology from Italy recognized by ISO 9001: 2...
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Cambodian community to build a killing fields memorial garden in Long Beach
Cambodian community in London Beach city has recently held a groundbreaking ceremony for a Killing Fields Memorial Garden construction project, marking another achievement of the Cambodian community in the United States. Located on the opposite the Mark Twain Neighborhood Library Anaheim Street, this memorial garden will include a stage, water fountain, a stupa, a monument-type structure, accor...
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Vinci Airports and SCA request cooperation with OCIC on new airport development
Vinci Airports and SCA, commonly known as Cambodia Airports, have recently proposed to set up a joint venture with OCIC to help develop the new multi-billion-dollar Phnom Penh International Airport in Kandal province. The proposal was made on 4 February during the meeting between the three firms and the State Secretariat of Civil Aviation, at which each party is required to clarify their standp...
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S. Korea grants Cambodia US$700 million loan for 10 development projects
South Korea has agreed to grant an additional loan of US$700 million to Cambodia for 10 development projects for implementation from 2019 to 2023, according to Samdech Techo Hun Sen, Prime Minister of Cambodia. During his meeting with Cambodian citizens in South Korea on 3 February 2020, Samdech Hun Sen said that from 1996 to 2018, South Korea provided Cambodia with more than US$300 million in ...
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Cambodia construction sector to slow down in 2020, say experts
Despite ongoing GDP growth, local leading real estate analysts foresee that the construction sector in Cambodia will see a slight slowdown in 2020 due to three significant factors. Given the current economic situation, experts came up with three primary factors being the causes of a real estate slowdown in the kingdom including the outbreak of coronavirus that strongly affects the Chinese econo...
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