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ខ្មែរ 
Contract Granted to Korean Firm for Us$63 Million Sewerage Project
The Cambodian government has granted a Korean firm the right to design and construct the sewerage system development project in Ta Khmau city, Kandal Province. On 26 December, 2018, the Ministry of Public Works and Transport (MPWT) signed a contract on advisory services for the sewerage development project with construction and engineering firm Dohwa Engineering Co., Ltd, according to the press...
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China Town Rises in Cambodia Coastal Area
Beautiful Otres Beach in Sihanoukville, which was once a quiet and relaxing place, is beginning to see the rapid development of buildings and skyscrapers, and a busy environment. In recent years, the coastal areas in Sihanoukville have seen rapid development on various projects particularly the booming construction on Otres 1 beach, most of which are being developed by Chinese companies. The...
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Government Approves Us$94 Million Hotel Project in Chrey Thom
Sample photo by Yong Yuan Casino As the Chrey Thom area sees rapid development, many investment projects including hotels are gradually emerging. Last week, the Council for the Development of Cambodia (CDC) granted a license for a five-star hotel project submitted by Scorpio Camtrip, according to a CDC Facebook post. This five-star hotel will have approximately 600 rooms with investment c...
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Singapore to Unveil Rigorous Underground Master Plan 2019
Sample photo by Property Guru Besides its expertise in green buildings, Singapore is now starting to draw attention with its rigorous Underground Master Plan. Responding to land limitation and the rise in population, the Singaporean government is preparing to unveil its Underground Master Plan 2019, according to Reuters. Speaking with Reuters, Mr Ler Seng Ann, a group director of the Urba...
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V-STEEL draws second big prize winner for 2018
On 23 December 2018, Italian-made steel company V-STEEL held its second lucky draw to find the winning customer for the amazing prize of a 2018 Ford Ranger. V-STEEL, exclusively imported by Chip Mong Group, made its final big lucky draw this year for its customers for a 2018Ford Ranger on the live entertainment show broadcast on SEATV. The event was also attended by Mr BeiBunSong, the husban...
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Strict Measures Set for Land and Construction Sectors in 2019
The Ministry of Land Management Urban Planning and Construction (MLMUPC) has laid down strict measures for 2019 for the land and construction sectors, according to a press release dated 24 December, 2018. The 3-page press release regarding the working results in 2018 and working plans for 2019 highlights 22 important points of the ministry’s achievement as well as future measures. Among the ...
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Cambodia Sees Sharp Decline in Construction Investment in 2018
Although construction activities have yet to decline, construction investment capital has dropped remarkably in 2018, according to a report by the Ministry of Land Management Urban Planning and Construction (MLMUPC), issued on 24 December, 2018. According to the report, 2018 saw the ministry approve 2,867 construction projects covering 11 million square meters in construction area, with an esti...
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Global Japanese Hospitality Firm to Open Luxury Hotel in Tuol Tum Poung
Japanese firms are increasingly interested in the hotel market in Cambodia reflected by the announcement of new luxury hotel in Toul Tom Poung area. Okura Nikko Hotel Management, a subsidiary of Hotel Okura, announced that it will open Hotel Nikko Phnom Penh, according to a press release dated 21 December, 2018. According to the press release, the new hotel will open in 2022 located on the u...
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Land Prices in Three Provinces Change Within Six Months
Rapid development and economic growth in Cambodia has driven an increase of land prices across the country, especially within the last six months of 2018. A recent land evaluation report by real estate firm Key Real Estate shows how average land prices for three provinces of Phnom Penh, Sihanoukville, and Siem Reap have changed. According to the report, among the 12 districts in Phnom Penh, ...
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US$3.8 Billion Phnom Penh-Bavet Expressway Too Expensive for the Government
Following the feasibility study on the construction of the Phnom Penh-Bavet Expressway, the government has said it is too expensive, citing a lack of budget. The Japan International Cooperation Agency (JICA) recentlyconducted a feasibility study on the expressway connecting the capital city of Phnom Penh to the Vietnam border town of Bavetwhich concluded that the project would cost US$3.8 billi...
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CCA Construction Firm Members Increase
In line with the growth of the construction industry in Cambodia, the number of construction firms operating in the Kingdom has also increased. As a result, the Cambodia Constructors Association (CCA), the sole private association in the Kingdom representing the construction businesses, has seen a sharp increase in its members in recent years. Since its establishment in 2011, the association...
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Analyst: How long will the land sector in Sihanoukville continue to have potential?
Commercial buildings, casinos, hotels, restaurants and apartments are quickly developing and changing the landscape of the southern part of Cambodia, and more so in the very near future. These commercial construction activities have made Sihanoukville an important destination for domestic and foreign investors to capitalise on this potential through developing new projects. This recent rapid de...
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