Projects Development
Construction of Phnom Penh-Sihanoukville Expressway 39% Complete
At the beginning of 2021, construction of the Phnom Penh to Sihanoukville expressway is 39% complete and will be finished on scheduled in 2023, according to a report from the Chinese Embassy in Cambodia. Released on 01 January, the report stated that the project has proceeded smoothly despite the COVID-19 crisis. The project is the […]
Read MoreNew Quarantine Centre in Prek Pnov Officially Opens
The construction of the Phnom Penh Quarantine Centre was completed and officially opened on 06 January, under the auspices of Phnom Penh Governor HE Khuong Sreng and relevant officials. Located in Phsar Lech Village of Prek Pnov Commune, the quarantine centre spreads over 1 hectare with four buildings and 504 rooms. This centre will be […]
Read MoreCambodia Receives US$860-million in China FDI in 2020
Cambodia received a total of US$860 million in foreign direct investment (FDI) from China in 2020, an increase of about 70% compared to 2019, according to a recent press release from the Chinese Embassy in Cambodia. Many development projects went smoothly despite the COVID-19 pandemic. For instance, the construction of new Siem Reap Angkor International […]
Read MoreGovernment Voids 30-hectare Boeung Ta Mok Land Allocation from 2020
The Cambodian government has voided the 30-hectare Boeung Ta Mok land allocation, which last year was given to the Ministry of Rural Development and three other state institutions to build their headquarters. In the meantime, the government has also ordered the relocation of some ministries and government offices’ headquarters as well. According to the Office […]
Read MoreGov’t Opens Bidding for Sand Mining on Over 2000 Hectares in Two Provinces
The Ministry of Mines and Energy has publicly allowed private firms to bid for sand mining leases on over 2,000 hectares in Koh Kong and Sihanoukville. According to a letter issued on 30 December 2020, there are three locations in Koh Kong province. These include a 109-hectare area in Ta Noun commune of Botum Sakor […]
Read MoreOver 680 hectares of Boeung Ta Mok Allocated to Public and Private Sectors in 2020
In 2020 alone, the government has allocated Boeung Ta Mok land to the public and private sectors at least nine times or equal to over 682 hectares, according to documents obtained by Construction & Property Magazine as follows: Early March 2020: 83 hectares of Beoung Ta Mok was granted to Phnom Penh Municipality to be […]
Read MoreUS$17 million Steel Processing Plant in Kampong Speu Officially Opens
A new US$17 million steel processing plant in Oudong district of Kampong Speu province officially opened last week, bringing the total number of metal scrap plants in Cambodia to four. The project is invested by Chinese firm Hong De Sheng (Cambodia) and will use metal scraps in the country as raw materials to produce finished […]
Read MoreTransport Minister Urges Construction Firm to Finish Kampot Tourism Port by June
Minister of Public Works and Transport HE Sun Chanthol has ordered the responsible firm to finish Kampot Tourism Port’s construction by June 2021 after several delays. HE Sun Chanthol said during the site inspection on 04 January that the company should set a concrete plan or add more labour to accelerate the construction speed and […]
Read MoreWoman Behind the Success of the Award-Winning Urban Village & Factory Phnom Penh
“Being physically smaller doesn’t mean that we are weaker intellectually”, said Catherine Chan, Founder and Executive Director of Urban Village & Factory Phnom Penh and the Director of Goldfame Group. Catherine Chan is a woman executive currently managing multi-million-dollar businesses in both the real estate and garment industries in Cambodia. She is the Founder & […]
Read MoreNR3 to Be Equipped with Two Weighing Stations and 11 Speed Cameras
National Road 3 (NR3) will be equipped with two weighing stations and 11 speed cameras to ensure safety and the quality of the road, as the renovation is approaching completion, according to Minister of Public Works and Transport HE Sun Chanthol. HE Sun Chanthol said during the NR3 construction site on 04 January that the […]
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