Investment and Funding
Mortgage Loans in Cambodia Reach US$4.6 billion as of Q3 2020
According to the third-quarter report of the Credit Bureau of Cambodia (CBC), loans in the real estate sector reached US$4.6 billion by the end of September 2020, a significant increase from US$3.9 billion at the end of 2019. This demonstrates that the demand for residential and real estate in Cambodia continues to grow in 2020, […]
Read More
Lvea Em a High Potential Real Estate Investment Spot Despite Flooding Risk
Despite the flooding risk, the geographical and climatic factors have made the land in Lvea Em becomes a high potential investment area for future profitability, especially residential development projects, according to a real estate analyst. CEO of Key Real Estate and well-known real estate analyst in Cambodia Mr Sorn Seap said, “Lvea Em is located […]
Read More
Expert Reveals Three High Potential National Roads in Kampong Speu Province
Besides National Road 4, three other new national roads, including NR41, NR44, and NR51, are attracting more and more industrial investment projects and becoming the most crucial economic core of Kampong Speu province. CEO of Key Real Estate and well-known real estate analyst in Cambodia Mr Sorn Seap told Construction & Property Magazine that NR51 […]
Read More
CDC Approves 113 Projects Worth US$2.3 Billion in First Eight Months of 2020
The Council for the Development of Cambodia (CDC) approved 113 investment projects in the first eight months of this year, 22 projects less compared to the same period last year. The approved projects have a combined investment value of US$2.3 billion, a 57.1% year-on-year decrease, according to the report of Cambodia economic trends from the […]
Read More
Cambodia’s Construction Investment in First 8 Months of 2020 Decreased by 15%
The total estimated investment capital of construction projects approved by the government in the first eight months of 2020 was approximately US$5 billion, down by 15.1% compared to the same period in 2019, according to a report of the Ministry of Economy and Finance. The report also stated that though the investment decreased, the number […]
Read More
New Siem Reap City Development Planning Continues
The Ministry of Tourism has unveiled plans to establish a new Siem Reap city (Grand Siem Reap), located near the under-construction new Siem Reap Airport in Sotr Nikum district. The new city project is part of a master plan for tourism development the province. This statement was stated by H.E. Thong Khon, Minister of Tourism […]
Read More
27 hectares of land in Kampot to Become Province’s First Golf Course
Local Real Estate Developer Forest Harmony has recently launched its the Golf Harmony project, which is the transformation of a 27.3-hectare land plot in Tuek Chhou district into luxury condominiums, villas, and first-ever golf course in Kampot province. Located in Prey Thnong commune about 18 km from Kampot city, the project comprises of 9-holes golf […]
Read More
Construction of Koh Norea Bridges Begins, Marking New Stage of US$2.5-billion Satellite City
The Overseas Cambodia Investment Corporation (OCIC) broke ground on two major bridge projects on 26 October, one of which connects Koh Pich city to Koh Norea and another connecting Koh Norea to NR1, marking to stage of the US$2.5-billion satellite city. The groundbreaking ceremony of the two bridges was presided over by Samdech Prime Minister […]
Read More
Infrastructure Development Sector Receives Third Largest National Budget Allocations
The Cambodian government has approved US$8.1 billion for 2021 public expenditure in 2021, of which infrastructure development sector received the third largest. According to outcome statement of the meeting chaired by Prime Minister Hun Sen, the Ministry of Public Works and Transport (MPWT) is at the top three receiving the most budget after the Ministry […]
Read More
Government Approves Two Development Projects Worth Over US$350 million
The Council for the Development of Cambodia (CDC) has approved Oddormeanchey Power Industry Co Ltd to invest over US$350 million to build a 265-megawatt coal-fired power plant in Oddor Meanchey and a 230-kilovolt transmission line. The coal-fired power plant is to be located Trapaing Prasat district and will be built with an investment of US$294 […]
Read More