All News

New law in discussion for controlling security and public order in boreys

9 July 2019

The Ministry of Interior has begun discussions on compiling and formulating new laws for controlling public order and security in boreys, amid the rapid growth of this type of residential development. Ministry of Interior spokesman Khieu Sopheak said on 09 July that the draft law on the management of boreys is aimed at tightening security in public and residential areas, saying that there have ...

Expert Says Four Locations Seeing Strong Construction Growth in 2019

9 July 2019

With the Ministry of Land Management Urban Planning and Construction (MLMUPC) projecting that construction is expected to increase sharply in 2019 compared to 2018, an industry expert has identified four areas in Cambodia seeing strong growth. With more than US$2.7 billion construction investment approved in the first five months of 2019, real estate expert and founder of Key Real Estate Mr Sor...

Waterfront Resort Design Unveiled for Jakarta

8 July 2019

Australian developer Crown Group has revealed plans to build a US$693 million mixed-use waterfront resort in Jakarta, with marina, beach club and apartments. Designed by Sydney architect Koichi Takada, the towering 9,000 sq m development is planned for Ancol Bay in northern Jakarta. Featuring 3,000 apartments, the resort would set a new benchmark in residential property in Indonesia. Archite...

Prince Real Estate Selects Cambodia as Strategic Base for Southeast Asia

8 July 2019

Photo by Prince Real Estate Group (Cambodia) After establishing a strong presence in the Cambodian market, Chinese property conglomerate Prince Real Estate Group has announced that it has selected Cambodia as a strategic base to achieve its ambition of becoming one of the most influential transnational groups in Southeast Asia. The announcement was made on 06 July 2019 when the company inaug...

Environmental impact assessments required for major construction

6 July 2019

The Ministry of Environment has affirmed that all major construction projects are required to conduct environmental impact assessments (EIA) before requesting a construction permit license from the Ministry of Land Management, Urban Planning and Construction. According to the Ministry of Environment, before issuing construction permit licenses, some construction projects need to have the result...

Swiss Based Company Plans to Develop Us$40 Million Hospital in Cambodia

5 July 2019

In response to national economic growth and demand for good healthcare, Swiss-based companies revealed plans to develop a hospital in Cambodia during a meeting between representatives of the companies and the head of the Cambodian government in Geneva, Switzerland. According to Prime Minister Samdech Techo Hun Sen's Facebook post, six international companies have expressed their interest in inv...

Construction Starts on Us$10 Million Water Treatment Plant in Kampot

5 July 2019

Photo by Ministry Industry and Handicraft Ground was broken on 3 July on water treatment plant in Kampot province which will contribute to the clean water supply in Kampot and Kep provinces. The plant is a US$10 million investment by ANCO Water Supply, a subsidiary of ANCO BROTHERS Co Ltd, the conglomerate tasked with building and operating the facility. Expected to commence operations in...

Aluminium China & Lightweight Asia 2019 Continue to Look at the Advancements in the Aluminium Application Field

4 July 2019

Aluminium China and Lightweight Asia 2019, which will be held by Reed Exhibitions from July 10th to 12th, will showcase a new chapter in the aluminium industry by exploring the green manufacturing trends involved in the developments and products in the automotive, construction, transport, aerospace and consumer durables industries. Aluminium Leading the Boom in Consumer Electronics with White G...

Land Minister Warns Non-compliant Construction Sector Businesses of Closure

4 July 2019

H.E Chea Sophara, Deputy Prime Minister and Minister of Ministry of Land Management Urban Planning and Construction (MLMUPC), told all construction companies in Cambodia to comply with technical standards, otherwise the ministry will shut down those businesses with no exemptions. The statement was made at a meeting on the design project and construction of a building with design, construction, ...

Asean Realtor Inc. To Deliver New Way of Life With Romduol Eco Resort in Kampot

3 July 2019

Photo by ASEAN Realtor Inc. In response to the demand of places for relaxation and retreatment for higher income earners in this booming real estate market, local developer ASEAN Realtor Inc. is to deliver new way of life with its Romduol Eco Resort in Kampot Province. Construction & Property Magazine reporter Ms. Khat Leakhena sat down with successful International Real Estate player an...

Singapore to Launch World’s First Air Taxis

3 July 2019

Singapore has announced plans to be the world’s first city to launch air taxis by the end of 2019. The unique metropolitan transport project called ‘Voloport’ is a collaboration between UK-based aerospace firm Skyports, German aircraft maker Volocopter, German designer Brandlab, Los Angeles-based Graft Architects and UK consulting engineer Arup. A voloport prototype with landing pads for the...

Vietnam’s Real Estate Sector Continues to Boom

2 July 2019

As Vietnam’s economy sees record growth with 6.8% expected in 2019, the real estate sector continues to enjoy an unprecedented boom. In Ho Chi Minh City alone, around 30,000 condominium units came online at the start of 2019 with mid-range units accounting for 61%, while the high end saw a year-on-year decrease by 10% with 23% of the market supply. In Hanoi, 20,700 new units came onto the ma...