Cambodian and French Firms Team Up for Home Furniture Market

Cambodian jewellery supplier Linda Gold Crucible has partnered with French home furniture supplier Conforama to bring their furniture to the Cambodian market, according to a press release.

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OCIC Begins Construction of Modern International Convention Centre

Cambodia’s leading developer, Overseas Cambodian Investment Corporation (OCIC), began construction of its ‘Chroy Changva International Convention Centre’ on 31 March 2019.

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Land Investment Alert in Cambodia

Since Cambodia has enjoyed stability, the country has gained a large volume of foreign direct investments, one area of which is land investment. Recently,

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Construction Sector Grows 23% Annually

The construction sector has grown at rate of 23% each year, according to H.E. Aun Porn Moniroth, Deputy Prime Minister and Minister of Ministry of Economy and Finance (MEF).

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Government Terminates Royal Group’s National Railway Contract

The Royal Government of Cambodia has decided to end the contract of Cambodia Royal Railway for the operation of Cambodia’s railway, according to an announcement by Samdech Techo Hun Sen, Prime Minister at the 18th ‘Government-Private Sector Forum’ held at the Peace Palace on 29 March 2019.

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Government Establishes Two Working Groups for Construction and Real Estate

The government has set up two working groups from the public and private sectors to find solutions for construction and real estate problems that might hinder businesses in these sectors.

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Cambodia-Japan Friendship Bridge to Chroy Chongvar to Open on 3 April

After two years of renovation, the Cambodia-Japan Friendship Bridge in Chroy Changva is set to open in April, according to the Ministry of Public Works and Transport (MPWT).

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Vietnam to Approve National High Speed Rail Link

Final plans for a US$56bn high-speed rail link between Hanoi and Ho Chi Minh are expected to be approved by the Vietnamese National Assembly in 2019.

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Water and Electricity Shortages Due to Booming Construction

The shortage of water and electricity across the country over the last few weeks is due to the sharp growth in construction, according to the government’s spokesperson unit.

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Ground broken on Phnom Penh-Sihanoukville expressway full of special features

After waiting more than 13 years, the Phnom Penh-Sihanoukville expressway finally saw ground officially broken by Samdech Techo Hun Sen, Prime Minister of Cambodia on 22 March 2019. Since this project represented the largest investment project in recent Cambodian history, it has been welcomed by many who are eager to know more details. This major […]

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