Pm Inaugurates Opening of National Road 1, Stage 4 Improvement

Cambodia Prime Minister Samdech Hun Sen this morning presided over the inauguration ceremony for the official opening of the National Road No. 1 improvement project Stage 4 for use. The improved section of road is about 4 kilometres long running from Monivong bridge (sta.0+000) to the Kdey Ta Koi area in Chbar Ampov (sta.4+000). This is the last stage of the National Road No.1 improvement proje...

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Japan Funds Usd91, 000 for Rupp Silk Centre

Silk Center. Source: RUPP The Japanese Government has agreed to provide USD 90,834 in funding to build a silk centre at the Royal University of Phnom Penh to enhance knowledge and production of silk in Cambodia. According to H.E. Mr. Hidehisa Horinouchi, Ambassador of Japan in the Kingdom of Cambodia, local silk makers have recently faced the issue of silkworm disease issue, which has dramat...

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South Korea Agrees to Help Cambodia Build Mekong Crossing

Courtesy meeting between H.E. Park Sokhonn and H.E. Oh Nak-young. Source: MFAIC South Korea has agreed to help construct a Cambodia-Korea Friendship Bridge crossing the Mekong River in Phnom Penh in response to a request by Cambodian Prime Minister Samdech Hun Sen. According to an official letter from the Cambodian Ministry of Foreign Affairs and International Cooperation (MFAIC) issued on 1...

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Mega Plan to Create Phnom Penh Central Business District

Prince Real Estate Group is embarking on a mega plan to create a Phnom Penh Central Business District (CBD) in Chamkar Mon area, where many embassies and government offices are located. According to their Facebook page, the Central Business District (CBD) plan consists of three mix-used development projects including Prince Central Plaza, Prince Modern Plaza, and Prince Time Plaza. Prince Ce...

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Interior Decoration of Residential Units

As the supply of new apartments and condominiums rise, tenants are being given a variety of choices to select their preferred property. Nice interior decoration can give a competitive edge because this will make a unit more attractive than others. “Renovation would make the place look nicer and therefore could attract the potential tenants and possibly receive higher rental than those properties w...

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Lettable Residential Properties

Since the introduction of apartment and condominium living in Phnom Penh in the early 2000s, there has been a significant growth in total amounts of rent paid by expatriates for their residential accommodation. But this will be likely to change with the significant growth in the number of apartment and condominium units. Rents for expatriate standard apartments and condominiums are likely to drop ...

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How Should Hotels Respond to the Growing Number of Tourists?

Tourist crowd in Siem Reap The tourism sector is one of the key bright spots in the Cambodian economy, with visitor numbers continuing to grow. Hotel occupancy rates in cities like Phnom Penh, Siem Reap and Sihanoukville were at record levels in 2017. The continued growth in tourist arrivals and rising occupancy rates encouraged more hotel developments all over the cities and towns. We expec...

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Béton Block: a Step Further for Cambodia Construction

A new Béton Block & Pave factory in Cambodia has been established to provide high-quality standard construction materials to the kingdom’s market, and claims to be the first factory in Cambodia to produce cement blocks to French standards. The factory, located in Oudong in Kompong Speu province around 30km from Phnom Penh, celebrated its grand opening at the Franch Embassy to Cambodia i...

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CCA support safety handbook for construction site workers

To ensure safety for workers and quality construction, the Ministry of Land Management, Urban Planning and Construction (MLMUPC) is working on a safety handbook for construction site workers. The authority is planning to publish thousands of copies for delivery to all related-construction firms across the country. With over 100 construction firms as members, the Cambodia Constructors Association (...

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Exhibitor Booth booking launched for CCA’s 5th Cambodia expo

The Cambodia Constructors Association (CCA) has announced that booths are now available to be booked for the 5th Cambodia Construction Industry Expo scheduled for 29 November to 1 December 2018 in Phnom Penh. Hosted in conjunction with the CCA’s 7th Annual Summit, the expo is the nation’s premier construction and property event and is organised by the largest private organisation representing t...

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CCA attends IFAWAPCA meeting

The Cambodia Constructors Association (CCA) joined a special summit of the International Federation of Asian and Western Pacific Contractors’ Associations (IFAWPCA) in Singapore late January 2018 for the 40th IFAWAPCA Mid Term Executive Board meeting. The nomination of the rapporteur for the term 2018 to 2019 was raised for discussion in the meeting. Relevant provisions in the structure and by-...

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Condo Prices Set to Fall

A new report by leading real estate firm CBRE indicates that condominium prices will fall in 2018 due to saturation from thousands of new units coming onto the market as multiple large-scale projects come online. “The current supply of condos available on the market consists of 8,600 units, but by then end of this year 17 more condo projects, or the equivalent to 13,000 units, will be added int...

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