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ខ្មែរ Projects Development
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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Government boosting establishment of more SEZs along border areas
- 6 September 2019
The Council for the Development of Cambodia (CDC) is studying and seeking greater understanding on investment and trade to compile a mechanism to boost the establishment of more special economic zones (SEZ) along border areas, while drafts of a new law on investment and a new law on special economic zones has been completed. CDC Secretariat General H.E. Sok Chandasophea said that boosting indus...
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City Hall holds meeting on ‘Walking Street’ project
- 5 September 2019
Phnom Penh Municipality organised a meeting on 05 September to discuss the implementation of the ‘Walking Street’ project. The meeting was chaired by Phnom Penh Municipal Governor H.E Khuong Sreng with other relevant authorities participated as well. The project will expand pedestrian paths along the riverside starting from the Cambodia Post Office to the Royal Palace and will cross through ...
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US$207 million planned for Cambodia ‘Livable Cities’ project
- 5 September 2019
The Cambodian government and the Asian Development Bank (ADB) will invest more than US$200 million in a ‘Livable Cities’ project across four provinces. Using a loan from ADB and budget from the government, the US$207 million ‘Livable Cities’ project will cover four provinces including Kampot, according to a Facebook post by the Kampot Administration on 03 September following a meeting between t...
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Chinese investors asked to invest in affordable housing project
- 4 September 2019
Phnom Penh Municipality has asked a group of Chinese investors to invest in the real estate sector, building affordable housing for sales to civil servants and people who have low incomes. In a meeting on Tuesday 03 September, H.E Khuong Sreng, governor of Phnom Penh Municipality told the China-based World Hakka Business Association led by its chairman Li Kam Chung that the project will get sup...
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Phnom Penh AGT project layout yet to be finalised
- 4 September 2019
The construction project of the automated guideway transit (AGT) in Phnom Penh studied by the Japan International Cooperation Agency (JICA) is yet be finalised although the study has been completed. AGT is a transportation project design to overcome traffic congestion as well as being a landmark project for the upcoming SEA Games in 2023. (Read more) Speaking to Construction & Property M...
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Cambodia received over US$500 million financing aid from Japan in the past three years
- 26 August 2019
According to the Ministry of Economy and Finance, Cambodia has received a total of US$550 million in Official Development Assistance (ODA) from Japan over the past three years, most of which has been spent on infrastructure development. This statistic was announced during the farewell meeting for the Japanese ambassador to Cambodia H.E. Hidehisa Horinouchi with the Finance Minister H.E. Aun Por...
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US$25 million needed for drainage system in Sihanoukville province
- 24 August 2019
To avoid flooding during heavy rains, Sihanoukville will need about US$25 million to build a drainage system, according to the recent draft master plan. The result was presented at a workshop on the results of a feasibility study of the Master Plan for Wastewater Management in Sihanoukville on 24 August. Speaking to reporters after the seminar, H.E Sun Chanthol, Minister of Public Works and Tra...
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