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ខ្មែរ Business and Market
Ground Broken on Manila’s First Metro
- 4 May 2019
Photo by Wikipedia Ground was broken on Manila’s first ever metro system in March 2019, although the Japanese contractors responsible have already warned that the 2022 deadline for completion is too optimistic. The project is a key pillar of President Duterte’s “Build, build, build” infrastructure programmed, a plan to spend over US$150bn on road, rail and air schemes. Japan and China are co...
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Cambodia-China Discuss Establishment of Sister City Alliance and Liaoning Industrial Park in Sihanoukville
- 3 May 2019
Photo by Ministry of Commerce Representatives of Cambodia and China recently discussed establishing a Liaoning- Sihanoukville Sister City Alliance and Industrial Park, according to a recent post on the Ministry of Commerce Facebook page. During the meeting held at Sofitel Phnom Penh Phokeethra, the Secretary of the Liaoning Communist Party of China Provincial Committee Mr Chen Qiufa told H.E...
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Wyndham Hotels & Resorts in Long Bay & Dara Sakor Sign Strategic Cooperation With Zhengheng (Cambodia) Co., Ltd and Trf Vacation Club
- 3 May 2019
A signing ceremony was recently held at the ZhengHeng HQ between ZhengHeng (Cambodia) Co., Ltd, the leader of the Long Bay Dara Sakor Holiday and Resort Project, and TRF VACATION CLUB. The signing ceremony officially started a new chapter of win-win cooperation between the two parties. Director of ZhengHeng (Cambodia) Co., Ltd, Mr. Deng Pi Bing and the General Manager of TRF VACATION CLUB, Mr. ...
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Social Protection Sought for Construction Workers
- 3 May 2019
Workers in the construction sector are seeking social protection through the National Social Security Fund (NSSF) like workers in other sector receive, citing that construction work is considered a high-risk risk job compared to other jobs. In the World Health and Safety 2019 meeting held on 29 April, a group of construction workers and worker unions pushed the government to consider constructi...
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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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Chip Mong organises ‘Thank You Party’ nationwide V for -Steel distributors
- 30 April 2019
The Chip Mong company recently organised the ‘Stronger Cooperation Together’ party for the heads of the company, business partners, and representatives of V-Steel distributor across the country to thank them for their support and strengthen and continue their success together. Chip Mong has held the commercial right as sole distributor of Italian V-Steel in Cambodia since 1997 and the event was...
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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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