Investment and Funding
US$26 million Stueng Bat International Border Checkpoint 5% Complete
The construction of the Stueng Bat-Ban Nong Ing international border checkpoint, which includes the infrastructures and administrative buildings, is now 5% complete and is scheduled for completion in the next 21 months, according to the Ministry of Public Works and Transport on 05 August. The infrastructure includes border checkpoint buildings, dormitory buildings, transit terminals, warehouses […]
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What Type of Land Developments Must be Approved by the Competent Authorities?
The land is a type of immovable property that has great potential in the real estate business and many services in Cambodia, especially in the metropolitan and development areas which have recently been booming. Land development is defined as an activity of land organisation by changing the type of land use, changing land use functions, […]
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Kampot City Hall Urges Developer to Accelerate Beach Construction
The Kampot Provincial Administration has urged the responsible firm to speed up the construction of a new 2km long beach in Teuk Chhou district as soon as possible, in response to the increase in tourists. The matter was discussed during a meeting between Kampot Governor H.E Chev Tay and representatives from IGB (Cambodia) Co Ltd. […]
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US$55 million Garden City Water Park to Open this Month
The US$55 million Garden City Water Park located nearby the Win-Win Monument in Chroy Chongva district is scheduled to officially open on 17 August, becoming the largest international standard water park in Cambodia. The project is an investment by LYP Group and built by British firm White Water Group on 6 hectares of land in […]
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Myanmar to Build US$483.8 million Expressway for East West Economic Corridor
Myanmar’s government has approved a US$483.8 million loan from the Asian Development Bank (ABD) to build an expressway linking Bago to Kyaik Hto, with the aim to connect with Vietnam’s Da Nang port through to Cambodia, Laos and Thailand in the near future. According to a report in Irrawaddy in July, the Bago-Kyaik Hto Expressway […]
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Ground Broken on Mondulkiri’s New Airport Road Construction
Mondulkiri Governor H.E Svay Sam Eang broke ground on the morning of 31 July on the construction of the entrance road to the new airport project located in Sen Monorom commune, Oreang district. According to the provincial governor, the construction of this road is part of the land preparation for the upcoming new airport project. […]
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Thailand’s Leading Renewable Energy Firm to Expand to Cambodia
Sample picture BCPG, or Bangchak Corporation, a leading renewable energy enterprise in Thailand, is considering expanding its latest innovation—District Cooling System (DCS)— to Cambodia, Laos, Vietnam and Myanmar. President and CEO of BCPG Bundit Sapianchai told The Nation that DCS is an innovation developed under the green energy initiative, which is being broadly used in […]
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Kampong Speu to Host New US$66 million SEZ on NR44
A Chinese firm has invested US$66 million in building a new special economic zone on over 67 hectares of land along National Road 44 in Kampong Speu Province, according to the Governor H.E Vei Samnang. Governor Samnang told Construction & Property Magazine on 31 July that the SEZ in an investment by a Chinese firm […]
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400MW Power Plant in Kandal to Go Online by End of August
The construction of a 400-megawatt power plant run by diesel and gas in Lvea Em district is 90% complete and scheduled to generate power by the end of August, according to Kandal Provincial Governor H.E Kong Sophorn on 29 July. The whole project comprises of 400-megawatt power plant generating electricity nationwide, and 230KV substation for […]
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Compensation Cleared for Residents Impacted by 700MW Power Plant in Koh Kong
The Royal Group has cleared all land issues and compensated 58 local families living nearby the 700-megawatt coal-fired power plant project it is building in Koh Kong province, according to a Provincial Administration report on 28 July. The 58 families live in Thmor Sor commune, Botum Sakor district with compensation given to owners of any […]
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