Projects Development
CDC Approves Two Investment Projects Worth Nearly US$70 Million
The Council for the Development of Cambodia (CDC) has officially approved private firms to invest in building two factories worth nearly US$70 million in Kandal and Svay Rieng provinces. The first investment permit has been granted to Onion Mobility Co., Ltd, with the firm investing US$20 million to build a factory to assemble motorcycles and […]
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Construction of Mondulkiri Airport Expected to Begin in 2022
The construction of the Mondulkiri airport project is expected to begin in 2022 after Prime Minister Hun Sen last week set up a special inter-ministerial committee to accelerate the implementation of this large-scale project. According to State Secretary of Civil Aviation (SSCA) spokesman Sin Chansereyvutha, the feasibility study will be completed within February and will […]
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Transport Ministry to Launch Two News Weigh Stations on RR2 and in Kratie Province
To prevent road damage caused mostly by overweight vehicles, the Ministry of Public Works and Transport (MPWT) will soon set up two new weigh stations on the Phnom Penh Ring Road 2 and in Kratie Province. MPWT also plans to build two more in those vulnerable provinces. MPWT Secretary of State HE Seng Chhuon said […]
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Masterplan for US$16 billion Ream City Development Approved
A masterplan to develop an 834-hectare sustainable Ream City by Singaporean firm Surbana Jurong has been approved by Canopy Sands Development, a member of Prince Holding Group, according to The Straits Times. Worth over US$16 billion, the Ream City project will transform the region into a new ecosystem of tourism, commercial and residential city that […]
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New US$900m Siem Reap Airport Aiming for 67% Completion in 2021
Angkor International Airport Investment (Cambodia) Co., Ltd. (AIAI) will accelerate the construction progress of the new Siem Reap International Airport, aiming for 67% completion by 2021, and full completion by 2023 as planned. AIAI revealed this 2021 plan during a site inspection by Siem Reap Governor HE Tea Seiha on 06 February. The company reported […]
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Natural Canal Rehabilitation Project in Sihanoukville 90% Complete
The 27-kilometre natural canal restoration project in Sihanoukville has been going smoothly and is now 42% complete, according to a report from the General Department of Wastewater Treatment System of the Ministry of Public Works and Transport. This natural canal rehabilitation project is being implemented by the General Department of Wastewater Treatment System in collaboration […]
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Construction & Property Weekly Video News (6 February 2021)
Construction & Property Weekly Video News (6 February 2021)
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Chip Mong Retail Announces Official Leasing Launch for 271 Mega Mall
Chip Mong Retail has officially opened for business partners and well-known local and international brands to apply for retail space leasing in the Chip Mong 271 Mega Mall before the official opening in 2022. Meanwhile, the Chip Mong Sen Sok Mall will also be officially inaugurated in June this year. President of Chip Mong Retail […]
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Work on Land Dispute Resettlement for New Phnom Penh International Airport 43% Complete
Land disputes affecting the construction of the new US$1.5-billion Phnom Penh International Airport in Kandal province have so far been settled with 43% of local residents, according to a recent report by the Ministry of Land Management, Urban Planning and Construction (MLMUPC). Since the beginning of settlement process until December 2020, the total issues settled […]
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CDC Approves Eight Investment Projects Worth Almost US$100m
The Council for the Development of Cambodia (CDC) has officially approved private firms to invest in building five factories, two hospitals and a solar power plant, worth a total of almost US$100 million in Takeo, Kampong Speu, Kampong Chhnang, Svay Rieng, Kandal and Phnom Penh. The first investment permit has been granted to Mayco Furniture […]
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