Battambang Municipality enhances infrastructure along Sangke River to boost tourism
The Battambang Provincial Administration is currently enhancing the overall infrastructure within the province, especially area along the Sangke River, with the aim to boost tourism within the province as well as to be ready for hosting the 6th River Festival from 13 to 15 March 2020. Battambang Provincial Governor H.E. Nguon Ratanak said the project includes building new sidewalks on both side...
Read MoreRenovation of the Angkor Grand Circuit Road to be completed in March
The renovation of the Grand Circuit road by the Apsara Authority in Siem Reap province is scheduled to be completed in March, marking a key infrastructure improvement in the province. According to the Apsara Authority's report, the renovation project has a total length of 2,476 metres, which is divided into two sections. The first section is 1,076 metres long from Pre Rup to Srah Srang temple, ...
Read MoreCambodia’s largest Ferris wheel to open in Siem Reap in March
The multi-million-dollar project for Cambodia’s largest Ferris in Siem Reap province is moving to completion and with the attraction scheduled to open for operation on 1 March this year, marking another significant achievement to boost tourism in the province, according to the Department of Tourism of Siem Reap Province. Located in Box Ville, Krous Village, Svay Dangkum Commune, Siem Reap Distr...
Read MorePhnom Penh to build new tourist sidewalk along the riverside
Phnom Penh Municipality plans to build a new tourist sidewalk along the riverside from the area in front of Cambodia Post to the Royal Palace, to solve the congestion caused by several construction projects nearby, as well as to boost the city’s tourism. According to a report from the municipality, the whole project also includes gardens, night markets, bars, local vendors, souvenir shops, agri...
Read MoreExpansion of National Road 2 and 22 to begin in February
The multimillion-dollar expansion of National Road No.2 and No. 22, is scheduled to break ground in February, after many years of planning. The groundbreaking ceremony will be presided over by Prime Minister Samdech Hun Sen. According to the Ministry of Public Works and Transport (MPWT), the restoration section of National Road No.2 covers a total length of 62.56 kilometres, from Takmao roun...
Read MorePropertyGuru Group announces timeline of the 2020 Cambodia Property Awards
One of Asia’s leading property technology firms PropertyGuru Group held a press conference on 30 January to announce the timeline for the fifth annual PropertyGuru Cambodia Property Awards 2020. According to the announcement, the PropertyGuru Property Awards Cambodia 2020 application has been open since 16 December 2019 and is scheduled to be closed on 27 March this year. Meanwhile, the fina...
Read MorePM Hun Sen: Coronavirus outbreak affects Cambodia’s property sector
Prime Minister Samdech Hun Sen and local real estate experts have expressed concern that the coronavirus outbreak could negatively impact Cambodia’s property sector, especially the hotel business, and even possibly reduce new investment if the outbreak prolongs. During the PM’s first official speech regarding the coronavirus situation in Cambodia on 30 January, Samdech Hun Sen said that the sha...
Read MoreThai firm to invest in electronic component manufacturing project in Pursat province
Thai firm –Precise Electric Manufacturing Co Ltd—a subsidiary of Bangkok-based Precise Corporation, has unveiled its investment plan to establish an electronic compliance factory in Krakor district, Pursat province. Pursat governor Mao Thonin said on 29 January that the company has asked for support from Pursat Provincial Hall on the project to ease the implementation procedures. Quoted on t...
Read MoreFoundations complete on first Fairfield by Marriott Hotel in Cambodia, expected to open by 2022
Foundations on the first Fairfield by Marriott international hotel project in Cambodia have been completed with the hotel expected to open in early 2022. According to Mr Ken Nhan, Director of New Business Development of Chip Mong Group, the company in charge of the project, the construction process has been going smoothly and will be completed as scheduled. “After breaking ground last year, ...
Read MoreRegulated sand mining poses no threat to the riverbank says Mines Ministry
The Ministry of Mines and Energy condemned a recent report regarding the potential of the Mekong riverbank collapsing due to excessive sand mining, arguing that the mining volume in Cambodia is remarkably low and under strict technical regulation. The condemnation comes in response to research done by the University of Southampton, which discovered that the Mekong riverbanks, especially in Camb...
Read MoreHyatt Regency hotel Phnom Penh 90 percent complete, expected to open by this year
Construction of Cambodia’s first Hyatt Regency Hotel in downtown Phnom Penh is currently 90 percent completed and is on schedule to open by the year 2020. An executive staff responsible for this project told Construction & Property Magazine that the project is going well following the schedule. After completing the building structure in April last year, the construction team is currently...
Read MoreCambodia’s first oil production expected in mid-2020
The first drop of oil to be extracted from Cambodia’s offshore oil field territory is closer to reality as the responsible firm KrisEnergy recently cut the first steel for the Apsara oil platform. According to a press release from KrisEnergy Ltd, the first steel cutting ceremony was held to mark the significant completion progress of the Mini Phase 1A wellhead platform for the Apsara oil field ...
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