Business and Market
Kampot International Tourism Seaport Construction Completed by End of 2019
Construction on the Kampot International Tourism Seaport is now about 25% complete with work on the facility expected to finish before end of 2019. The plan is for the seaport to be complete in time for the 8th Sea Festival, the annual tourism event scheduled to be held in Kampot province in December this year. Soy Sinol, director of the Kampot Provincial Tourism Department, said the seaport...
Read MoreWinners Announced for PropertyGuru Cambodia Property Awards 2019
The winners for the finest real estate projects in Cambodia were announced at the Gala Dinner of the ‘4th Annual PropertyGuru Cambodia Property Awards’ held at Sofitel Phnom Penh Phokeethra on 03 May 2019. With more than 370 guests joining the award ceremony presented by American manufacturer Kohler, the night was full of excitement with close to 40 awards going out over different entries with ...
Read MoreGround Broken on Manila’s First Metro
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...
Read MoreCambodia-China Discuss Establishment of Sister City Alliance and Liaoning Industrial Park in Sihanoukville
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...
Read MoreWyndham Hotels & Resorts in Long Bay & Dara Sakor Sign Strategic Cooperation With Zhengheng (Cambodia) Co., Ltd and Trf Vacation Club
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. ...
Read MoreSocial 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...
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