Thai retail supermarket, Big C will provide more job opportunities to Cambodians
Big C supermarket is creating additional job opportunities for local people a week after opening its first branch in Cambodia. Before the soft opening day, Big C supermarket helped to create 1,200 jobs in the area according to its project application with the Council for the Development of Cambodia (CDC). The giant retail store includes a large number of brand names currently looking for wor...
Read MorePublic works ministry to begin construction of major roads and bridge
The Ministry of Public Works and Transport will soon begin construction of major roads and a bridge, according to H.E Sun Chanthol, Senior Minister and Minister. Addressing the ministry's recent work progress at the recent ROAD CARE event, H.E Sun Chanthol said that five major roads and one bridge are to be constructed soon as feasibility studies and budgeting have been concluded. According ...
Read MoreADB: Well-organised transport networks and affordable housing stimulate economic growth
Strengthening the efficiency of transport networks and reasonably-priced housing are a major contributors to keeping the economic engine firing on all in cylinders in Cambodia as well as in other Asia countries. Ear Sophal, an associate professor of diplomacy and world affairs at Occidental College in Los Angeles said being stuck in a traffic jam is never anyone’s desire. “People don't want ...
Read MoreBentley Systems to Host Infrastructure Leaders at the Year in Infrastructure 2019 Conference in Singapore
Bentley Systems, Incorporated, the leading global provider of comprehensive software solutions and digital twin cloud services for advancing the design, construction, and operations of infrastructure will host its Year in Infrastructure 2019 Conference and awards ceremony at one of the most iconic buildings in Asia, the Marina Bay Sands Expo and Convention Centre in Singapore. Advancing BIM thr...
Read MoreNew Sihanoukville special economic zone proposed
Two companies have proposed 1,600 hectares of land in Sihanoukville province to be developed into a special economic zone through land reclassification, according to the provincial administration. On 07 October, Sihanoukville provincial governor H.E Kouch Chamroeun held a meeting to discuss the proposal with the Stung Hav district governor and other officials from relevant departments. The t...
Read MoreRooftop solar PV installation can reduce climate change risk and increase investment
Rooftop solar PV or known as Solar Photovoltaics installation has been mentioned as one of the solutions to reduce the risk of climate change and increase more investment in the report of De-Risking Renewable Energy Investment in Cambodia (DREI). The National Council for Sustainable Development (NCSD) recently launched two reports, ‘Addressing Climate Change and Economic Growth in Cambodia’ and...
Read MoreNew regulations force Thai developers to resell projects
Many developers in Thailand are beginning to place their residential projects up for resale after some customers have been unable to complete payments due to the restrictions in the new loan-to-value (LTV) regulations. According to a survey conducted in The Nation and reported in late September, some projects that were already sold to customers are now being put on sale again because the buyers...
Read MoreADB says real estate credit poses challenge to Cambodia’s GDP growth
The Asian Development Bank (ADB) has recently forecasted that Cambodia’s GDP to grow at 7.0% this year while suggesting that the country should reduce financial risk poses by credit on the real estate sector. According to the recent press release of its latest report, Cambodia’s growth remains driven by the four traditional sectors such as garments, tourism, trade, and construction, but with th...
Read MoreGovernment urges review of Phnom Penh-Bavet Expressway
The government has called on all relevant Cambodians stakeholders to review the feasibility of constructing the Phnom Penh-Bavet expressway. The major infrastructure project has been postponed since the completion of the JICA feasibility study in 2017 as the proposed budget was too high at around US$4 billion. During a forum on investment and trade between Cambodia and Vietnam held in Hanoi, Pr...
Read MorePhnom Penh-Sihanouk expressway to finish construction ahead of schedule
The US$2 billion expressway linking Phnom Penh to Sihanoukville, on which ground was broken in March, is expected to be completed ahead of the original planned schedule, according to H.E Sun Chanthol, Senior Minister and Minister of the Ministry of Public Works and Transport (MPWT). After closing the event on ROAD CARE app campaign on 04 October, H.E Sun Chanthol told Construction & Propert...
Read MorePublic works ministry launches campaign to promote ROAD CARE Mobile App
The Ministry of Public Works and Transport (MPWT) in partnership with the United Nations Development Programme (UNDP) launched a campaign on 04 October 2019 to train and promote the techniques of road maintenance and the use of the ‘ROAD CARE Mobile App. The recently launched ROAD CARE is a mobile app that allows people to report directly on potholes or other road problems immediately to the mi...
Read MoreJapan provides US$26 million for sewage infrastructure
The royal government of Japan through the Japanese Embassy to Cambodia has provided US$26 million in assistance to Cambodia to build a sewage system in Phnom Penh. The exchange note on the grant aid of Japan was signed in Phnom Penh on 03 October between H.E. Prak Sakhonn, Minister of Foreign Affairs and International Cooperation and H.E Mikami Mashiro, Japanese ambassador to Cambodia. The p...
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