Business and Market
Social Protection Sought for Construction Workers
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...
Read MoreWorld-class Aquarium Park to Open in 2021 in Siem Reap
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...
Read MoreUS$200 Million Water Treatment Facility to Be Built in Preah Sihanoukville
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...
Read MoreChip Mong organises ‘Thank You Party’ nationwide V for -Steel distributors
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...
Read MoreCambodia’s First Real Estate Decennium Report Launched
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...
Read MoreChina Railway Company, Royal Railway Team Up to Develop Cambodia’s Railway
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...
Read MoreChinese Firm Plans for 200 Megawatts Solar Power
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...
Read MoreJapan to Construct US$25 Million Water Treatment Facility in Choeung Ek
Photo by pixabay.com The government of Japan, through the Japan International Cooperation Agency (JICA), has decided to help a construct water treatment facility for Cambodia in the southern part of Phnom Penh, as a result of a 24 April meeting. According to a Facebook post from Phnom Penh City Hall, the meeting between Phnom Penh Governor H.E Khoung Sreng and representatives of JICA, “decid...
Read MoreCambodia-japan Inaugurate 8 New School Buildings in Phnom Penh
Photo by រដ្ឋបាលរាជធានីភ្នំពេញ Representatives from the Cambodian and Japanese governments together on 26 April 2019 witnessed the inauguration of 8 new school buildings in Phnom Penh, which were built using the grant from the government of Japan through the Japan International Cooperation Agency (JICA). Presided over by Phnom Penh Governor H.E Khoung Sreng, and H.E Hidehisa Horinouchi, Japa...
Read MoreChip Mong Retail Ground Breaks Community Mall in Russey Keo Area
One of Cambodia leading retail players, Chip Mong Retail, broke ground on another community mall located in the Russey Keo area on 26 April. Sitting in the heart of Park Land 598 along Chea Sophara Road, this 5-storey ‘Chip Mong 598 Mall’ stretches over 11,000 square metres of floor area with 133 parking lots with construction expected to finish by the first quarter of 2021. With key retail ...
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