Business and Market
The future of infrastructure developments and the construction industry in Cambodia
In the past decade, Cambodia has launched ambitious infrastructure developments toward building much needed airports, bridges, dams, roads and seaports. However, Cambodia still ranks 112 out of 137 nations in terms of infrastructure ranking, lagging behind most of its Southeast Asian neighbours according to the World Economic Forum’s latest Global Competitiveness Report. It revealed that […]
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Lumiere Residence set new property landmark in Phnom Penh
Following the success of Lumiere Hotel, Singapore-based Lumiere Hospitality (LH) opened its second project in Phnom Penh on 21 July which will set another hospitality landmark for the city. Known as the Lumiere Residence, this 25-storey building comprises of luxury hotel rooms and apartments which are elegantly designed and laid out, equipped with a rich […]
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Construction complete for National Road No.55
Following 42 months of construction, National Road No.55 connecting National Road No.5 to the border of Trat Province, Thailand, has been completed, according to the Ministry of Public Works and Transport (MPWT) on 22 July 2019. Constructed by China Road and Bridge Corporation (CRBC), this 180-kilometre long, 9 metre wide road links National Road 5 […]
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UK-based hotel chain to open in Cambodia
Yoo Hotels and Resorts based in the United Kingdom has revealed plans to open a hotel chain in Cambodia in response to rising tourist numbers in the country. Entitled the ‘Yoo2 Lifestyle Brand’ project, the British Yoo Hotels and Resorts will expand branches in Southeast Asia in the next three to five years. The project […]
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Construction investment value increases more than 57% in H1 2019
The value of investment in the Cambodian construction sector reached more than US$3 billion in the first six months of 2019 driven by residential and commercial projects, according to the Ministry of Land Management Urban Planning and Construction (MLMUPC) latest figures. As of June 2019, the ministry approved 2,047 construction projects with an estimated investment […]
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Shanxi Wins Us$42 Million Bid for Siem Reap Angkor International Airport Expansion
China-based construction firm Shanxi Mechanization Construction Group has won a 290 million yuan (about $42.16 million) bid to construction two sections of Siem Reap Angkor International Airport project.
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Bangkok Airways to Invest in Koh Kong Former Airport
Thai-based airline Bangkok Airways is to invest in re-building the former Koh Kong airport in Khemarak Phoumin City soon after the government has given greenlight in the June meeting.
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140-megawatt Solar Power Projects Approved
The government has decided to allow more investment in renewable solar power in response to the increasing demand for energy consumption.
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Kampot City to become tourism and agricultural product processing hub
The government has identified Kampot city as one of the most important tourist destinations and an agricultural product collection hub for exports to international markets, while the physical infrastructure in the coastal city remains under construction and development. According to the Urban Planning 2030 plan for Kampot city, the government aims to develop Kampot town […]
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Most Cambodians Are Confused About Using the Word Sangsei, Bangsei, and Eangban
With thousands of years of history and the diversification of wording in the Cambodia language, Cambodians nowadays use different words to define certain things that have the same meaning.
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