English 
ខ្មែរ Projects Development
Ground broken on 32-storey Tax Tower in Chroy Changvar Satellite City
- 20 September 2019
The General Department of Taxation (GDT) broke ground on 19 September on its new 32-story tax building in Chroy Changvar Satellite City which will be a new landmark in Phnom Penh. Construction began after the GDT purchased the land from the Overseas Cambodian Investment Corporation (OCIC) to build the US$60 million building. (Read more) According to a GDT press release, the ‘Tax Tower’ will ...
Read More
Chint Group plans to build electrical components factory for the energy sector
- 18 September 2019
China-based electrical components manufacturer Chint Group plans to set up a factory in Cambodia to serve the energy sector, according to a Facebook post by Prime Minister Samdech Techo Hun Sen. The plan was announced during a meeting between Samdech Techo Hun Sen and the Chairman of the Board of Directors of Chint Group on 18 September 2019 at the Peace Palace. The company plans to construc...
Read More
Olympia Mall set for 2nd phase in 2020 to attract 50,000 visitors daily
- 18 September 2019
Cambodia's leading developer Overseas Cambodia Investment Corporation (OCIC) will expand its Olympia Mall in 7 Makara district in 2020 hoping to attract around 50,000 visitors daily. Following the success of the launch of the first phase in June 2019, OCIC is constructing a second phase that will bring the total floor area to 12,000 square metres per floor or about 84,000 square metres across a...
Read More
Understanding the Phnom Penh AGT development project
- 17 September 2019
As Phnom Penh’s population continues to grow and the city is becoming busier, the government has been looking for solutions to overcome traffic congestion including the development of an automated guideway transit (AGT). According to a recent project review report Construction & Property Magazine received recently, the government plans to spend about US$1,843 million to develop a Phnom Penh...
Read More
Government plans to establish new Siem Reap city
- 17 September 2019
At the 3rd meeting of the inter-ministerial committee for the Tourism Master Plan in Siem Reap on 16 September, the government outlined plans to establish a new Siem Reap city that would allow the construction of modern buildings. According to a Facebook post by the Ministry of Tourism, the new Siem Reap city will be 60km east of Siem Reap where construction of new mega international airport wi...
Read More
39-storey building slated for Chbar Ampov district
- 16 September 2019
A US$1 billion 39-storey commercial building is planned to be constructed in Nioth commune, Chbar Ampov district, on the east of Bassac River opposite Koh Pich City. Construction on the Vue Aston building is set to start by the end of 2019 and will be completed by 2022. The building is joint venture between Sino-Cambodia Investment Co Ltd and Mingda International Group. Comprising of a hotel...
Read More
Sihanouk International Airport to be able handle 10 million passengers
- 13 September 2019
Cambodia Airports will upgrade the capacity of Sihanouk Airport to be able to handle 10 million passengers per year through their master plan on expanding overall terminal building capacity. The master plan for terminal expansion was approved by the State Secretariat of Civil Aviation on Thursday in a meeting between H.E. Mao Havannall, Minister in charge of the SSCA and Alain Brun, the newly-a...
Read More
Japan leads China in SE Asian infrastructure funding
- 11 September 2019
Despite China’s deep pockets and high-profile infrastructure projects in SE Asia via its Belt & Road Initiative, Japan continues to outspend its neighbour on large-scale regional projects. According to data gathered by Fitch Solutions and reported in Bloomberg, Japanese-backed projects in Southeast Asia’s six biggest economies – Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vie...
Read More
Cambodia economy gets boosted with US$2.7 billion airport investment
- 11 September 2019
Along with steady economic growth, Cambodia needs billions of dollars in investment to improve its aviation sector to help facilitate trade as well as accommodate the 15 million air passengers expected to enter the country by 2030. While improving the aviation sector is part of the government’s plan to push the country to become an upper-middle-income economy by 2030, Cambodia over the past few...
Read More
Cambodia, Laos to sign 2,400 MW power deal
- 10 September 2019
Cambodia and Laos are to sign a power deal allowing Cambodia to import 2,400 MW from Laos, with the Council of Ministers scheduled to discuss the details of the deal on 11 September. The deal is scheduled to be signed next week during the official visit of Lao Prime Minister Thongloun Sisolith to Cambodia. Victor Jona, director-general of Energy at Ministry of Mines and Energy, said on 9 Sep...
Read More