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ខ្មែរ Projects Development
New Phnom Penh International Airport Expresses Cambodia’s Ambition to Promote Economic Growth Amid COVID-19
- 23 July 2020
Cambodian Prime Minister Hun Sen’s inspection visit to the construction site of the new Phnom Penh International Airport on 22 June 2020 was more than a symbolic inspection and represented a strong endorsement of the airport project and the health of the nation’s construction sector. The prime minister also approached the visit from the perspective of the national economic situation and domestic u...
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K MALL to Open on Veng Sreng Road in 2021
- 23 July 2020
The new K MALL being built on 6 hectares of land along Veng Sreng Road is scheduled to open by 2021, according to a press release from the developer Urbanland on 20 July 2020. Located along Veng Sreng Road or about 2.5 km from Stung Meanchey district, the project is the first phase of the KMS Park's master plan comprised of 40 shophouses, a three-story community market, a nine-story office bui...
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How Chinese buyers disappeared from the Cambodian real estate market and the impact on local sellers
- 23 July 2020
By Eric Wong Chon Lap The local Cambodian market has lost its most important source of inbound investment, as the coronavirus pandemic clouds the economic outlook and keeps Chinese investors from travelling to Cambodia. This is in stark contrast to a few years ago when Chinese investors were snapping up condominium spaces. A lot of these buyers are now taking a step back because of the globa...
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Government to Build new US$5 million Landfill in Sihanoukville
- 22 July 2020
The Ministry of Public Works and Transport and the Ministry of Economy and Finance are injecting US$5 million of the 2020 fiscal budget to build a new landfill on 17 hectares of land in Sihanoukville, according to a post on the Ministry of Public Works and Transport Facebook Facebook page on 21 July. The landfill is located in Ota Sek village, Ou Oknha Heng commune, Prey Nob district, about 3km...
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Design Completed for New Deep-sea Port Terminal, Construction to Begin in 2021
- 22 July 2020
The detailed design of the Sihanoukville new Sihanoukville deep-sea port terminal has been completed, with the construction of Phase I scheduled to begin 2021 and is expected to be completed by 2024, one year later in than the original plan. Deputy General Director of Sihanoukville Autonomous Port Thay Rithy said that the project's detailed design has been completed, and the process of selecti...
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Chinese Firm to Build 12MW Waste-to-Energy Plant in Siem Reap
- 22 July 2020
Sample picture Chinese company MIZUDA plans to invest in a waste-to-energy plant in Siem Reap capable of combusting 210,000 tons of rubbish per year into 12MW of electricity, according to a post of the Siem Reap Provincial Administration Facebook page on 21 July. The project has been studied for more than half a year and was completed before December 2019. Upon completion, the plant will be a...
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Chip Mong Group to Build New Industrial Waste Management Facility in SSEZ
- 21 July 2020
The Chip Mong Insee Cement Corporation (CMIC) has reached an agreement with its partner to build a new industrial waste management facility in the Sihanoukville Special Economic Zone to provide industrial waste recycling services to the factories within the zone. The investment agreement was signed by the CEO of CMIC Mr Nicolas George and the CEO of Sihanoukville Special Economic Zone (SSEZ) M...
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Kampong Speu Attracts Hundreds of Investment Projects Worth Over US$200 million
- 20 July 2020
Kampong Speu province has attracted hundreds of large investments projects worth over US$200 million since 2019, while more firms are planning to invest in the province in the near future. According to the Kampong Speu province progress report, there were 188 investment projects approved in 2019 with a total construction area of more than 700,000 square metres, and worth US$210 million. Amon...
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Hong Kong firm to build satellite city in Kampong Speu
- 20 July 2020
A Hong Kong investment company has announced plans to set up a new satellite city in Kampong Speu province but has yet to reveal the exact location to prevent rises in land prices. Kampong Speu Governor H.E Vy Samnang said at a press conference on "Progress and Continuation of the Administration of Kampong Speu Province" on 20 July that the Hong Kong firm has been studying the project for a whi...
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Three Major Projects to Transform Sihanoukville’s 161-hectare Boeung Kang Kep into a Smart Area
- 17 July 2020
The government is studying the feasibility of three major projects, including the Sihanoukville International Airport, the Neak Reach tourist site, and the Boeung Kang Kep development project, to transform the 161-hectare Boeung Kang Kep area in Sihanoukville into a smart area. H.E Pen Sophal, Secretary of State of the Ministry of Land Management, Urban Planning and Construction, stated during ...
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