Projects Development
First oil expected in 2020
Cambodia will be extracting its first oil drop next year which will help generate huge income from the kingdom’s natural resources, Samdech Techo Hun Sen, Cambodian Prime Minister said on Monday 18 November 2019. Speaking at a graduation ceremony at the National Institute of Education, Samdech Techo Hun Sen said that income from the oil […]
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More than 1,000 building projects completed in Sihanoukville in two years
Between November 2017 to November 2019, there were 1,076 construction projects with high-rise buildings of between 5 and 45 storeys, totalling 801 projects, according to a report from the Sihanoukville provincial administration. According to the report, as of October 2019, tourism services and business buildings held residence in approximately 880 buildings, of which 345 are […]
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New Roads to Rebuild Face of Sihanoukville
The Royal Government of Cambodia is spending US$294 million on infrastructure in Sihanoukville city, building 34 roads to help transform the face of this beach city with new infrastructure, commercial buildings, and an attractive tourism sector. The breaking ground ceremony of the 34-road construction project was held on November 16 under the auspices of Samdech […]
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Contract signed for construction of Phase I of Bakeng Water Treatment Plant
The Phnom Penh Water Supply Authority (PPWSA) has signed a construction contract with a French company for Phase I of the Bakeng Water Treatment Plant which will have a capacity of 195,000 cubic metres. According to PPWSA, the signing ceremony was held on 14 November with Vinci Construction Grants Projects. Construction will start in late […]
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Thailand to build second Suvarnabhumi terminal
The Thai government announced plans in September to build a US$1.4bn second terminal at Suvarnabhumi, Bangkok’s main international airport. Controversy remains over the precise location of the new terminal on the overall site with Airports of Thailand lobbying against the current master plan to have the new terminal extending northeast from the current building. Thai […]
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Chip Mong Land Breaks Ground Park Land 50M
The Leading property developer Chip Mong Land broke ground this morning November 14 its new project named the Park Land 50M. The Park Land 50M project will be built premium residential buildings including Queen Villa, Queen Villa A, Twin Villa and new houses which including in three categories –queen villa, bishop house A1 and bishop […]
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$110 Million Cement Factory Opens in Kampot
The US$110 million Thai Bung Rong Cement Factory was inaugurated on the morning of 14 November 2019, bringing the total number of cement factories in the kingdom to five. Samdech Techo Hun Sen, Prime Minister of Cambodia presided over the inauguration ceremony of the plant which is built on a 700+ hectare plot in Dangtong […]
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Indonesian company to build 400km rail line between Vietnam and Laos
The Indonesia Railway Development Consortium is set to begin work in 2021 on the rail line between Vietnam and Laos for a price of $1.9bn. An Indonesian consortium of the state-owned train maker, electronics company Len Industri and contractor Waskita Karya has signed an agreement with Vietnam’s HT Construction company and Laos’ PetroTrade […]
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Solar panels on residential buildings linked to national grid in spotlight
The Ministry of Mines and Energy will work on a regulation for allowing solar panels installed on roofs on residential buildings, apartments, and condos to sell the remaining power after usage to the national grid. The remarks were made amid the increase in residential buildings, apartments and condos in Phnom Penh and in the provinces. […]
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OCIC to open the second phase of Olympia Mall in 2020
Overseas Cambodian Investment Corporation (OCIC), Cambodia’s leading developer is set to open the second phase of its Olympia Mall project in 2020. OCIC is renowned for its infrastructure projects and Olympia Mall opened its first phase on 22 June 2019. Construction & Property Magazine reporter Ms Khat Leakhena sat down with Mr Sao Monasy, leasing […]
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