Projects Development
Contract Granted to Korean Firm for Us$63 Million Sewerage Project
The Cambodian government has granted a Korean firm the right to design and construct the sewerage system development project in Ta Khmau city, Kandal Province.
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China Town Rises in Cambodia Coastal Area
Beautiful Otres Beach in Sihanoukville, which was once a quiet and relaxing place, is beginning to see the rapid development of buildings and skyscrapers, and a busy environment.
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Government Approves Us$94 Million Hotel Project in Chrey Thom
As the Chrey Thom area sees rapid development, many investment projects including hotels are gradually emerging. Last week, the Council for the Development of Cambodia (CDC) granted a license for a five-star hotel project submitted by Scorpio Camtrip, according to a CDC Facebook post.
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Singapore to Unveil Rigorous Underground Master Plan 2019
Besides its expertise in green buildings, Singapore is now starting to draw attention with its rigorous Underground Master Plan. Responding to land limitation and the rise in population, the Singaporean government is preparing to unveil its Underground Master Plan 2019, according to Reuters.
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Cambodia Sees Sharp Decline in Construction Investment in 2018
Although construction activities have yet to decline, construction investment capital has dropped remarkably in 2018, according to a report by the Ministry of Land Management Urban Planning and Construction (MLMUPC), issued on 24 December, 2018.
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Global Japanese Hospitality Firm to Open Luxury Hotel in Tuol Tum Poung
Japanese firms are increasingly interested in the hotel market in Cambodia reflected by the announcement of new luxury hotel in Toul Tom Poung area.
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US$3.8 Billion Phnom Penh-Bavet Expressway Too Expensive for the Government
Following the feasibility study on the construction of the Phnom Penh-Bavet Expressway, the government has said it is too expensive, citing a lack of budget.
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New 106-storey Commercial Building to Be Malaysia’s Tallest
Malaysia soon will see its tallest iconic new building, The Exchange 106, steals the title from the country's current signature building, the Petronas Twin Towers. The new building is a luxury commercial building stretching up in the heart of Malaysia's international finance and business of TunRazakExchange (TRX). The building, an investment by Mulia Property Development, will become the tallest building in South East Asia and among the top 15 tallest buildings in the world.
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Cambodia to Seek Loan From China for Electrical Grid
In order to expand the supply of electricity to all provinces across the country, the government plans to seek an additional loan from the Chinese government for the construction of a national electrical grid, according to Samdech Techo Hun Sen, Prime Minister of Cambodia. The statement was made during the grand opening ceremony of the Hydro Power Lower Sesan II on 17 December, 2018.
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Hydro Power Lower Sesan II Dam Inaugurated
On 17 December, 2018, the Hydro Power Lower Sesan II dam was inaugurated,presided over by SamdechTecho Hun Sen, Prime Minister of Cambodia.
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