Projects Development
Government boosting establishment of more SEZs along border areas
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...
Read MoreCity Hall holds meeting on ‘Walking Street’ project
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 ...
Read MoreUS$207 million planned for Cambodia ‘Livable Cities’ project
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...
Read MoreChinese investors asked to invest in affordable housing project
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...
Read MorePhnom Penh AGT project layout yet to be finalised
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...
Read MoreCambodia received over US$500 million financing aid from Japan in the past three years
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...
Read MoreUS$25 million needed for drainage system in Sihanoukville province
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...
Read MoreSiem Reap ring road renovation project kicks off
The Siem Reap ring road renovation project saw ground officially broken on 15 August, according to an announcement by the Ministry of Public Works and Transport. The ground-breaking ceremony was presided over by the Minister of Public Works and Transport H.E. Sun Chanthol, and attended by many other relevant officials and locals. The project is for the rehabilitation of the 2,230-metre-long ...
Read MoreGround broken on Olympic-sized swimming pool in Battambang
The Government of Cambodia has officially broken ground the construction of an Olympic-sized swimming centre in Battambang province as part of its preparations to host the 2023 SEA Games. The groundbreaking ceremony was presided over by the Deputy Prime Minister Samdech Sar Kheng and the Minister of Public Works and Transport H.E. Sun Chanthol, and was attended by hundreds of other relevant off...
Read More10 Condominium projects expected to complete by 2019
<div class="youtube"> https://www.youtube.com/watch?v=VmJm9DYJKpc&t=71s </div> The condominium sector is developing fast in Phnom Penh, and many projects have been launched within these recent years. Some projects have completed construction, while some are set to finish soon. This short video will highlight ten condominium projects expected to complete by 2019. Subscribe to ...
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