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ខ្មែរ 
Government Approves Construction of Big C Supermarket in Banteay Meanchey
BIG C Supercenter credit: Big C Supercenter Ratchadamri The Council for the Development of Cambodia (CDC) has given the green light to Big C Supercenter (Cambodia) Co., Ltd. to build a supermarket in Poipet City, Banteay Meanchey province at a cost of US$6.8 million, according to a CDC report released on Facebook on February 20, 2019. According to the CDC, the hypermarket project is located ...
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Chinese Firm Builds Thousands of Luxury Villas on 500 Hectares Land in Kiri Sakor
Dara Sakor Resort, the World's largest Resort Project, to break ... Asean.travel Union Development Group Co, Ltd on February 20, 2019 has ground break the construction of 2,704 villas on 571 hectares of land in Kiri Sakor, according to the Department of Information of the General Department of Military Service. This villa project is part of the company's massive development project covering ...
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US$10 Million National Park in Mondulkiri Under Construction
credit: PDI official FB page The official ground-breaking ceremony on the US$10 million Monorum National Park in Mondulkiri Province took place on 19 February 2019, presided over by provincial governor H.E Svay Sam Eang, according to a post on the Provincial Department of Information official Facebook page. According to H.E Svay Sam Eang, this luxury park will be built in the Khmer style, wi...
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Us$50 Million Chinese-funded Hospital in Tboung Khmum to Break Ground Soon
A US$50 million Chinese-funded hospital project in Tboung Khmum Province is scheduled break ground in March, according to a report from Tboung Khmum Municipality. The discussion on the groundbreaking date was discussed in the meeting between Tboung Khmum provincial governor H.E. Cheam Chan Sophorn and related agencies on 20 February. According to H.E. Sophorn, the groundbreaking is set to be...
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PropertyGuru Awards 2018 Shortlist Announced
PropertyGuru Cambodia has announced the official shortlist of nominees for the Property Awards 2018, with developers specialising in mixed-use projects dominating the line-up, while the awards ceremony will be held on 16 March at Sofitel Phnom Penh Phokeethra. The top three companies with the most number of nominations are all involved in integrated developments. Borey Peng Huoth Group, the two...
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Government Establishes Committee to Facilitate New Phnom Penh Airport Project
The government has decided to establish the 'New Phnom Penh International Airport Assembly Sites Committee’ to facilitate the US$1.5 billion construction project located in Kandal Stueng district, Kandal Province, according a decision dated 18 February 2019. Chaired by Deputy Prime Minister H.E Chea Sophara, Minister of the Ministry of Land Management Urban Planning and Construction (MLMUPC), t...
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CDC Approves Two Resort Projects Worth Us$600 Million in Koh Kong and Sihanoukville
Dara Sakor Seashore Resort The Council for the Development of Cambodia (CDC) has recently given permits to two Chinese firms to invest a total of approximately US$600 million to develop two big resorts in Koh Kong and Sihanoukville, which are expected to generate at least 7,600 jobs for locals. According to the CDC report, the two Chinese firms are Nanjing Dadi Construction (Cambodia) Develo...
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Korean Agency and The CCA to Promote Construction Sector
KOTRA, the International Trade-Investment Promotion Agency of Korea's has held talks with the Cambodia Constructors Association (CCA) to explore cooperating in the promotion of the construction sector given the strong growth of the industry in Cambodia. The meeting took place between Mr. Chiv Siv Pheng, Secretariat General Manager of CCA, representative of Neak Oknha Pung Kheav Se Chairman of C...
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Japan Finances Us$43 Million Development Projects in Cambodia
The government of Japan signed an Exchange of Notes with the government of Cambodia on 20 February to provide US$43 million in financing for two development projects in Cambodia. The agreement was signed between H.E. Prak Sokhonn, Deputy Prime Minister, Minister of Foreign Affairs and International Cooperation, and H.E. Horinouchi Hidehisa, Ambassador of Japan to Cambodia at the Ministry of For...
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Cambodia to host ASEAN construction meeting in Siem Reap
Cambodia, through the Cambodia Constructors Association (CCA), is preparing to host the ‘ASEAN Constructors Federation (ACF) Council Meeting’ in Siem Reap province. As the organiser of the meeting, the CCA said that the ASEAN Constructors Federation (ACF), which represents private companies involved in the construction industry across Southeast Asia, is to host its 47th meeting in Cambodia. ...
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115-hectare Solar Plant to Reduce Greenhouse Gas Emissions in Cambodia
A project to build a 115-hectare solar power plant in Kompong Speu province will reduce greenhouse gas emissions in Cambodia, according to the results of an inter-ministerial meeting regarding the development of the project. According to a Facebook post by the Ministry of Environment, the inter-ministerial meeting last week found that the solar-powered development by SchneiTec Group will greatl...
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Retail sector to see sharp decrease in rental prices
Increasing retail supply in Phnom Penh will see rental prices fall, according to a report released by international real estate agent CBRE Cambodia. Recently, CBRE Cambodia predicted that in 2019, retail rental prices would decrease due to the additional supply from the retail podium by 116.6%, community malls by 126.3%, and shopping malls by 26.4% compared to the increases seen in 2018. The...
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