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ខ្មែរ Projects Development
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...
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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...
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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...
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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...
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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...
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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...
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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...
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Thai company wins 60 MW solar investment bid
- 9 September 2019
Thailand-based developer and operator of renewable power Prime Road Alternative has won the public bidding on a 60-MW solar project located in Kampong Chhnang province, and will generate the lowest tariff in the Southeast Asia region. The public bidding on the project was started in February this year after a feasibility study conducted by an expert team from the Asian Development Bank was comp...
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New 4-star hotel opens in Kampong Thom province
- 9 September 2019
Kampong Thom Royal Hotel & Restaurant officially opened its doors on 09 September in the heart of Kampong Thom province, adding another 87 rooms to support the tourism sector in the province. Located in Stung Sen city, Kampong Thom Royal was built with US$5 million from Cambodian investors and comprises 87 guest rooms as well as other amenities including conference rooms, a restaurant, club...
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Walking Street along the riverfront set to open for vendors
- 7 September 2019
The Walking Street project running from the Cambodia Post Office to the Royal Palace will allow vendors to sell all kinds of products to attract national and international tourists, said Phnom Penh Municipality. Met Meas Pheakdey, spokesman for Phnom Penh Municipality, told Construction & Property Magazine on 07 September that the project will be open for businesses selling all kinds of pro...
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