Projects Development
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 house A2. The project’s complex will be featured of sport ...
Read More$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 district, Kampot province. When full operational, the Thai Bunrong Cement...
Read MoreIndonesian 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 to build the line. First dis...
Read MoreSolar 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. Victor Jona, Director General of Energy at Ministry of ...
Read MoreOCIC 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 manager of Olympia Mall to learn more about th...
Read MoreFirst wind energy project in Cambodia unveiled
Renewable energy company Blue Circle from France has unveiled its plan to invest in wind energy in Cambodia. According to the Ministry of Mines and Energy, Blue Circle’s plan is to build at least 10 wind turbines with a capacity of 80 MW on the top of Bokor Mountain in Kampot province. Victor Jona, Director General of Energy at Ministry of Mines and Energy, said on Tuesday that the negotiati...
Read MoreJapanese-backed sewerage system development project to begin construction in 2020
The first sewerage system development project in Phnom Penh backed by the Japanese government is set to begin construction in late 2020 following the grant agreement signing on 01 November. The US$27 million project is funded by the government of Japan, through the Japan International Cooperation Agency (JICA), and which will see construction of a wastewater treatment plant in Cheung Aek Lake w...
Read MoreMinistry of Mines prepares bidding for waste-to-energy project
The Ministry of Mines and Energy is preparing the documents for the bidding for a waste-to-energy project which will address the increasingly waste management and increase electricity supply in Cambodia, according to the ministry spokesman. Speaking with Construction and Property Magazine by phone, H.E Victor Jona, spokesman for the Ministry of Mines and Energy confirmed that following the inst...
Read MoreADB pledges $89 million for water supply and sanitation services and financial sector
Two agreements worth $89 million were signed on 03 October by the Asian Development Bank (ADB) and Cambodia’s Ministry of Economy and Finance to improve access to water supply and sanitation services in rural areas, and to enhance the country’s financial sector. The agreements were signed by ADB Country Director for Cambodia Ms. Sunniya Durrani-Jamal and Cambodia’s Deputy Prime Minister and Min...
Read MoreNational Road 3 (Phnom Penh-Kampot) will cost more than US$219 million
With an approximately more than US$219 million will be used to construct a National Road 3 (Phnom Penh-Kampot), the road is believed to be high quality and long term of use. The budget of implementing this project came from the concession financing from the People's Republic of China, together with the Royal Government of Cambodia according to Ministry of Public Works and Transport. A company t...
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