Government Approves Us$98 Million Development in Tbong Khmum Province

The Council for the Development of Cambodia (CDC) approved a development project worth nearly US$100 million in Tbong Khmum province on 12 April 2019, according to a post on its Facebook page.

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Feasibility Study on Monorail and Metro in Phnom Penh Under Way

The Ministry of Public Works and Transportation (MPWT) has said that the feasibility study on a monorail and metro in Phnom Penh is being conducted, citing that the study will lead to options for the government in developing the city’s transport sector to ease traffic congestion.

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Affordable Segment Leads Phnom Penh Condominium Market

With construction investment estimated to have reached US$1.8 billion during the first quarter of 2019, the condominium sector saw an increase in supply of more than 7% q-o-q driven by the affordable segment, according to the first quarterly

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Underpass Construction Project on National Road Gets Green Light

Phnom Penh Municipality has agreed on the construction of underpass proposed by Borey Peng Hout, a real estate developer, along the National Road No.1 of Boeng Chhuk village, Nirouth commune, Chbar Ampov district.

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Four Cement Factories Capable to Produce 7 Million Tons

Four cement factories in Cambodia are capable in producing about 7 million tons per year to respone to the demand of the increasing construction sector in the country, according to Ministry of Mines and Energy.

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Sen Sok Attracts Most Boreys While Chroy Changva Becomes Most Popular

Among the 12 districts in Phnom Penh, Sen Sok district holds most borey projects while Chroy Changva district is becoming more popular, according to the first quarterly report by international real estate agent CBRE Cambodia issued on 09 April 2019.

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Chip Mong Land Inaugurates Road Linking to Three Important Roads in Phnom Penh

Residential development firm Chip Mong Land, a subsidiary of Chip Mong Group opened a new public road on 08 April 2019 linking up to other three important roads in Phnom Penh.

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Structure of Five-star Hyatt Regency Completed

The building structure of the five-star Hyatt Regency hotel in downtown Phnom Penh has been completed, according to project developer Chip Mong Group.

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Naga Secures Former White Building Land for Its New Us$4 Billion Project

Hong Kong-based NagaCorp Ltd has announced plans for a Naga 3 Project after securing more than 16,000 square metres of land on the former location of the White Building, according to a shareholder announcement by the company on 03 April 2019.

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Cambodia Requests Australia to Provide More Funds for Electricity and Water Supply

The Cambodian government has asked the Australian government to provide more funds for electricity and water supply projects in Cambodia, according to the results of a meeting between the two sides on 03 April 2019.

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