English 
ខ្មែរ 
Gdt to Build Us$60 Million Office in OCIC Development Zone
The General Department of Taxation (GDT) has chosen the development zone of the Overseas Cambodian Investment Corporation (OCIC) as the location for the construction of its new office building. The announcement was made by OCIC Chaiman Neak Oknha Pung Kheav Se on 26 January 2019 as reported by local media FRESH NEWS. The new building will have a total height of 36 floors and will be built in...
Read More
Topping Out of Gold Tower 42 to Boost Property Sector
The property sector in Cambodia is to see a boost as a result of the topping out of the Gold Tower 42 project in the heart of Phnom Penh on 28 January 2019. The news of the structural completion of the Gold Tower 42 structure has been welcomed by real estate experts in Cambodia, and founder of Key Real Estate Mr Sorn Seap expressed his great pleasure. “The moment I heard about the structural...
Read More
US$2 Billion Phnom Penh-sihanouk Expressway Nearing Construction
Photo by ឯកឧត្ដមបណ្ឌិត ម៉ុង ឫទ្ធី H.E Oknha Mong Reththy Ground is soon to be broken on the US$2 billion Phnom Penh-Sihanoukville expressway. Work will begin soon after the installation of the concrete mix factory, and construction materials and machineries have been imported. Work on this first expressway in Cambodia has been planned for more than a year and is now looking to begin soon, ac...
Read More
Italian V-STEEL congratulates its 2018 winner of the year
On Wednesday 23 December, 2018 Chip Mong Group, the exclusive importer of V-Steel, organised its last lucky draw event for 2018 to find the winner of the Ford Ranger, a Zoomer X motorcycle, and Iphone 8 Plus prizes. Full of excitement and happiness, Mr Chea Eang from Prey Veng, the lucky customer who won the Ford Ranger 2018, said during the V-STEEL lucky draw event, that “nowadays, he’s provid...
Read More
Cambodian and Chinese Investors Team Up for Large Commercial City Project in Sihanoukville
Sihanoukville is preparing to welcome construction on a large commercial city, a joint venture between local developers and Chinese investors. The K99 Group recently broke ground on the 'Are de Triomphe' commercial project, with a capital investment of about US$70 million, jointly owned by the company and Chinese investors. The 'Are de Triomphe' development includes construction of 36 buildi...
Read More
Jakarta Risks Being 25% Underwater by 2025
Research by an Indonesian university has shown that 25% of Indonesian capital Jakarta could be permanently flooded by 2025. The findings by the Bandung Institute of Technology indicate that Jakarta is considered the fastest sinking city in the world. Home to 13 million people, Jakarta has 13 rivers running through it and is situated on a huge swamp. Overdevelopment and a lack of proper plann...
Read More
Phnom Penh to See Rise in Strata-title Office Supply in 2019
Delays in the construction of landmark projects in 2018 will result in an increase in the Phnom Penh office strata-title supply in 2019, according to a report by real estate firm CBRE Cambodia. The recent Q4 2018 report forecasts that the office sector in 2019 is to see a rise in strata-title supply within the Phnom Penh market due to more stock coming online from Diamond Twin Tower and Star Ci...
Read More
Analysis: 7 Things to Consider About the Real Estate Landscape in Cambodia
The real estate sector in Cambodia has seven main areas to be considered, according to the results of a press conference on the real estate situation in Cambodia held on 24 January 2019. The press conference, organised by the Club of Cambodian Journalists (CCJ) and the Cambodian Valuers and Estate Agents Association (CVEA), concluded that the current and future real estate situation in Cambodia...
Read More
High Bangkok Prices Shift Developers’ Focus
Property developers in Bangkok are shifting their project priorities due to the rapidly rising land prices in the Thai capital according to a new report from CBRE Thailand. An increasing reluctance to pay such high prices for prime freehold plots has seen developers diversifying toward built-to-hold assets such as serviced apartments, offices and hotels rather than build to sell assets such as ...
Read More
Chip Mong Aiming to Gain Retail and Shopping Mall Market Share
One of Cambodia’s leading conglomerates Chip Mong Group has announced their intention to capture retail and shopping mall market share with attractive business strategies during a 23 January press conference. As the retail sector in the Kingdom grows, along with stronger competition in the market, Chip Mong Retail (CMR) and Chip Mong Land (CML), subsidiaries of Chip Mong Group, have teamed up t...
Read More
Cambodia to See Massive Infrastructure Investment From Chinese Firms
Chinese companies are to invest heavily in Cambodia infrastructure as a result of the recent meeting between Prime Minister Samdech Techo Hun Sen and Chinese investors in China. On 21 January, 2019, Samdech Techo Hun Sen's official Facebook page posted a five-minute video about the outcome of the meeting which saw three infrastructure firms express their interest in building massive infrastruct...
Read More
Foundations Laid on Us$56 Million Mekong Bridge Crossing
Foundations have been laid on the US$56 million spanning the Mekong between Kampong Cham and TbongKhmum provinces, according to the Ministry of Public Works and Transport (MPWT). Work on the Cambodia-China Friendship Bridge of Stung Trang-KrouchChhmar, began in early February 2018, and the bridge foundations are now laid according to images posted by MPWT. Funded by a loan from the Chinese g...
Read More