Steel Imports From China Increase in Value but Vietnam Retains Weight Market Share
As Cambodia’s steel industry mostly relies on foreign imports, China and Vietnam are capitalising on this market with each country importing more than US200 million worth of steel from the total imports of US$900 million within the last three years. According to the latest figured from the department of domestic trade of the Ministry of Commerce, between 2016 to the first six month of 2018, Cam...
Read MoreSpecial Offer! Discounts of Up to 7% for All Projects From Chip Mong Land
Photo by Chip Mong Land Phnom Penh: Chip Mong Land is offering a special opportunity with a discount of up to 7% to its customer on all residential projects from 01 July 2019 onwards. Chip Mong Land, one of the largest and most well-known real estate development companies in Cambodia, currently holds eight mega-luxury residential projects comprising of Land Mark 271, Land Mark 60M, Park Land...
Read MoreGiant Ferris Wheel Set to Roll in Siem Reap
Local firm Angkor Eye Company Limited began construction on a giant 80-metre Ferris wheel on 30 June 2019 in Siem Reap province, according to the Siem Reap Provincial Information Department. According to the source, this giant Ferris wheel, located in Box Ville, Krous Village, Svay Dangkum Commune, Siem Reap District, is a US$7.2 million investment by Angkor Eye Company Limited. Standing 85 ...
Read MoreConstruction of Prince Real Estate Begin Convention Center Ahead of the Asean Summit
Photo by Prince Real Estate Mega Chinese firm Prince Real Estate Group who invested heavily in the real estate sector in Cambodia has begun construction of its convention center in Sihanoukville on 28 June 2019 ahead of the ASEAN Summit which will take place within in the next few years. Prince Real Estate Group has begun a groundbreaking ceremony for the Cambodia International Convention Ce...
Read MoreTourism Seaport in Kep Province Planned
Photo by Chris Ellinger The Ministry of Public Works and Transport (MPWT) has been discussing the construction of a seaport in Kep province to serve the transportation of tourists. The project is now in the process of seeking funding for implementation. H.E Vasim Sorya, spokesman for Ministry of Public Works and Transport, said the Kep tourism seaport project is a state-funded project, and s...
Read MoreLocation Determined for Airport Development Project in Mondulkiri
The Secretary of State for Civil Aviation has said that the administration of Mondulkiri province has designated some 300 hectares of land for the construction of an airport in the northeastern province. Sin Chansereyvutha, spokesman for the State Secretariat of Civil Aviation, said that authorities are now approaching the boundaries of the airport after setting the location of the new airport....
Read MoreNo News Yet on Chroy Changvar Bridge-svay Chrum Bridge Project
No updates have yet been provided on the feasibility study on the construction of a bridge connecting the Mekong River, linking Chroy Changvar to Svay Chrum commune, Lvea Em district, Kandal province, which has been undertaken by the Republic of South Korea, according to the minister of the Ministry of Public Works and Transport (MPWT). In 2018, the Cambodian government requested the Republic o...
Read MoreLabour Ministry Establishes an Advisory Council on Construction Safety Standard
The Ministry of Labour and Vocational Training (MLVT) yesterday announced the establishment of “Advisory Council for Promoting Health and Safety Standard for Construction Sector” aimed at ensuring the efficiency of the sector. According to a six-pages document dated on 16th July 2018, the council comprises of 13 government representatives, 6 union representatives, 9 NGO representatives, and 6 r...
Read MorePhnom Penh Moving Toward Being Smart City, Say Experts
While the term ‘smart city’ became trendy in response to an increasingly crowded world, experts from across different fields sat down on 25 June to assess how Phnom Penh has adopted the concept and discuss possible future plans. Under the theme 'Smart Cities: The Future of Urban Development', the event was co-organised by international real estate agent CBRE Cambodia, investment and tax advisor...
Read MoreUnauthorised Construction to Be Restricted
The Ministry of Land Management Urban Planning and Construction (MLMUPC) has announced that from now on any unauthorised constructions are subject to being suspended and called for construction owners and contractors to respect regulations relating to construction. H.E. Chea Sophara, Deputy Prime Minister, Minister of Land Management, Urban Planning and Construction, said that any unauthorised ...
Read MorePrivate Sector Called on to Build Phnom Penh Logistics Complex
The Ministry of Public Works and Transport has asked the private sector to join in the construction of a Logistics Centre in Phnom Penh, with the complex planned for near to Phnom Penh Autonomous Port. The participation of the private sector in the construction and development of the logistics centre in Phnom Penh would promote the logistics sector in the capital. The meeting for a pre-feasi...
Read MoreConstruction and Real Estate Related Career Ranked Third in the Job Market
The booming construction and real estate sector have dramatically increase job opportunities across different field, making job related to the sector ranked third in the country’s job market, said recruitment expert. Speaking at the academic bridging seminar in front of students at the Cambodia-Japan Cooperation Center (CJCC) on 22 June, Ms Khun Pisey, General Manager at recruitment firm Career...
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