Business and Market
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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US$8bn Deal Creates Largest Real Estate Group in Asia
Singapore-based real estate developer CapitaLand announced in January that it had reached an agreement with Temasek to purchase Ascendas-Singbridge Pte Ltd
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Government to Construct New Airport in Mondulkiri or Ratanakiri
The government plans to build a new airport in either Mondulkiri or Ratanakiri, according to Prime Minister Samdech Techo Hun Sen.
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Singapore Looks to Assist Cambodia With Construction Techniques
With construction techniques one of the factors that will help drive Cambodia’s booming construction industry, Singapore is keen to help guide the sector in the kingdom.
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PP-SHV Expressway is CCRBC’s Biggest Project Worldwide
With the groundbreaking ceremony approaching, the developer of Phnom Penh-Sihanouk Expressway has said that this project is the company’s largest, according to the official Facebook post of the Cambodian Prime Minister.
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Cambodia Recommends Kampong Chhnang Airport as Alibaba Logistics Hub
Cambodia has asked 4PX Express of Alibaba Cainiao Logistics Group to consider selecting Kompong Chhnang Airport as logistics hub as part of the cross-border e-commerce trade within the Cambodian marketplace.
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New Market Trends in Phnom Penh’s Office Properties
Amidst the slow growth of property markets across Southeast Asia apart from Thailand and the Philippines, the office market in Phnom Penh continues to remain strong with steady demand. Both demand and supply continue to be on a positive trend.
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Measures Set for Hotels, Restaurants and Construction
The government, through the National Committee for Cambodia Bay Management and Development, is setting out measures for hotels, restaurants and construction in Sihanoukville, according to the Ministry of Land Management Urban Planning and Construction (MLMUPC) on 25 March 2019
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Japan Provides Jpy100 Million for Home Restoration in Tbong Khmum
The Japanese government and the United Nations Human Settlement Programme (UN-Habitat) have signed an exchange note on house restoration for Cambodians living in Tbong Khmum province.
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