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ខ្មែរ Knowledge and Key Success
World-class Aquarium Park to Open in 2021 in Siem Reap
- 1 May 2019
Photo by Jon Rawlinson A world class aquarium park is scheduled to open in 2021 in Siem Reap province to attract more tourists beyond the Angkor temple complex. Developed by Angkor Wildlife and Aquarium, the Angkor Aquarium and Animal Kingdom will be constructed over 100 hectares of land with a total investment of US$70 million. The construction will take place in three stages. In the fir...
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US$200 Million Water Treatment Facility to Be Built in Preah Sihanoukville
- 1 May 2019
Photo by Ministry of Pubic Works and Transport The government plans to build a water treatment facility worth US$200 million in Preah Sihnoukville province with a capacity to convert 60,000 cubic metres of contaminated water to clean water per day. During a field visit to the water treatment facility sites in Preah Sihnoukville city, Senior Minister and Minister of the Ministry of Public Wor...
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Cambodia’s First Real Estate Decennium Report Launched
- 30 April 2019
After collecting and compiling data for many years, Vtrust Appraisal Cambodia has launched a major report online entitled ‘Phnom Penh Sector 2030s: Ten Predictions for Real Estate’. To learn more about the report, Construction & Property Magazine met with Mr Hoem Seiha, Research Director for Vtrust Appraisal Cambodia. What is ‘Phnom Penh Sector 2030s: Ten Predictions for Real Estate’? T...
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China Railway Company, Royal Railway Team Up to Develop Cambodia’s Railway
- 29 April 2019
China Railway Construction Corporation Limited and local company Royal Railway have agreed to team up to develop and upgrade the railway network in Cambodia for it to become more a more effective transportation system. The partnership between the two companies was unveiled in a meeting between Samdech Techo Hun Sen, Prime Minister of Cambodia and Chen Fenjian, chairman of China Railway Construc...
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Chinese Firm Plans for 200 Megawatts Solar Power
- 29 April 2019
Photo by Global Business Insight Chinese electricity investment company plans to invest in 200 megawatts solar power plant, according to the result of a meeting between Prime Minister Samdach Techo Hun Sen and the company’s representative in China. According to Samdach Hun Sen’s Facebook Post on 28 April, representative of China Huaneng Group, which has previously invested in the Lower Sesan...
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Japan to Construct US$25 Million Water Treatment Facility in Choeung Ek
- 27 April 2019
Photo by pixabay.com The government of Japan, through the Japan International Cooperation Agency (JICA), has decided to help a construct water treatment facility for Cambodia in the southern part of Phnom Penh, as a result of a 24 April meeting. According to a Facebook post from Phnom Penh City Hall, the meeting between Phnom Penh Governor H.E Khoung Sreng and representatives of JICA, “decid...
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Chip Mong Retail Ground Breaks Community Mall in Russey Keo Area
- 26 April 2019
One of Cambodia leading retail players, Chip Mong Retail, broke ground on another community mall located in the Russey Keo area on 26 April. Sitting in the heart of Park Land 598 along Chea Sophara Road, this 5-storey ‘Chip Mong 598 Mall’ stretches over 11,000 square metres of floor area with 133 parking lots with construction expected to finish by the first quarter of 2021. With key retail ...
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Experts Gather to Talk About Valuation and Banking Sectors
- 25 April 2019
Real estate experts and bank representatives in Cambodia gathered together to discuss valuation services and the role of banks in helping develop the real estate sector. On the evening of 24 April 2019, Cambodia’s largest property appraisal firm VTrust Appraisal Cambodia organised a ‘Supplier & Clients' Day’ at the Himawari Hotel to share information as well as announce its new services and...
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Study on Port Development Master Plan Started
- 25 April 2019
Photo by MPWT The Ministry of Public Works and Transport has allowed a group of Chinese experts on ports to conduct a study for a master plan on port development and the waterway system connection in Cambodia. Port experts from China Merchants Port in southern China’s Shenzhen city, which is the second largest port in China and the third largest port in the world, will conclude the study ove...
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The Future in Cambodia’s Construction Industry – Facilities Management
- 24 April 2019
By: Daniel Tan and Ngu Kea Yuan In the past, development has been described as property to be designed, constructed and sold to the end user, which marks the end of the development. Today, facilities management is the next generation of services to improve the development after the post construction period. Asset Management Jones (2008) defines asset management in the RICS Public Sector Ass...
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