Projects Development
Construction on New Phnom Penh Airport to Start in September 2019
Construction on the US$1.5 billion Phnom Penh International Airport in Kandal and Takeo provinces is to begin in September, according to project owner Neak Oknha Pung Kheav Se. Speaking on the side lines of an MOU signing ceremony (read more) on 14 March 2019, Neak Pung Kheav Se, Chairman of the Overseas Cambodian Investment Corporation (OCIC), told Construction & Property Magazine that the...
Read MoreMeasures Set for Hotels, Restaurants and Construction
The government, through the National Committee for Cambodia Bay Management and Development, is setting out measures for hotels, restaurants and construction in Sihanoukville, according to the Ministry of Land Management Urban Planning and Construction (MLMUPC) on 25 March 2019. During an inspection trip to Sihanoukville province, the committee told all hotels, restaurants and construction to in...
Read MoreSouth Korea Finances Us$700 Million Loan to Help Infrastructures in Cambodia
Cambodia-Korea business forum credit : SPM Page The government of Republic of Korea has recently provided a USD700 million loan to Cambodia to upgrade and expand the infrastructure system in Cambodia, according to an official FB Page Samdech Hun Sen, Cambodian Prime Minister. The loans agreement was signed by Samdech Hun Sen Prime Minister of Cambodia and H.E. Moon Jae-In President of Republ...
Read MoreLand Minister Encourages People to Not Sell Land in Sihanoukville
Sihanoukville view H.E Chea Sophara, Deputy Prime Minister and Minister of the Ministry of Land Management Urban Planning and Construction (MLMUPC), has urged people in Sihanoukville not to sell their land. During the annual meeting in Tbong Khmum on 12 March 2019, H.E Chea Sophara told attendees to encourage the people in Sihanoukville not to sell their land, but instead put it out for rent...
Read MoreKorea Signs Mou With Cambodia to Increase Cooperation in Construction
Korea signs MoU with Cambodia credit: CPM The South Korean government, through the Korea Trade-Investment Promotion Agency (KOTRA), has signed a Memorandum of Understanding (MOU) with the Cambodian Constructors Association (CCA) to boost construction investment in Cambodia. Mr Kwon Pyung-oh, President of KOTRA, said at the signing ceremony on 14 March 2019 that Korean companies have a keen i...
Read MoreChroy Changva City to See Multi-Million International Convention Centre by 2020
The Overseas Cambodian Investment Corporation (OCIC) has invested more than US$18 million to build a new International Convention Exhibition Centre in Chroy Changva satellite city, according to the company’s management team. “This new convention centre will have a total area of 30,000 square metres, which is 80 metres wide and 240 metres long. The project is currently being constructed and is e...
Read MoreCambodia-singapore Co-host Seminar on Fire Safety Code
burning high-rise collapses - credit : Los Angeles Times The Ministry of Land and Management, Urban Planning and Construction (MLMUPC) together with the Singapore Board of Architects co-hosted a seminar on the fire safety code for the construction sector on 12 March, to help improve construction safety standards in Cambodia. The seminar, chaired by H.E Leang Monirith, the Secretary of State ...
Read MoreCambodia Agrees in Principle to Japanese Smart Cities Network
Sample photo by freepik.com The Cambodian government has approved in principle the Japanese Smart Cities Network initiative, according a letter by the Council of Ministers released on 11 March 2019. In a letter sent to H.E Deputy Prime Minister and Minister of the Ministry of Land Management Urban Planning and Construction (MLMUPC), the Council of Ministers wrote “the Royal Government agrees...
Read MoreSwedish Government and UNDP to Help Increase Solar Energy in Cambodia
Sample photo by Rumduol Post The Swedish government and the United Nations Development Programme (UNDP) will together help increase solar energy across Cambodia as part of a newly-launched sustainable development programme. Launched on March 11, 2019 at the Raffle Le Royal Hotel, the US$1.8 ‘Toward Environmental Sustainability (TES)’ project will see work being done to help address challenge...
Read MoreEU Provides €11.5 Million to Enhance Infrastructure in Kandal Province
Credit: kh.ambafrance.org The European Union (EU) through the French Development Agency (AFD) has signed an agreement with the government of Cambodia to provide financing of €11.5 million to construct and renovate the irrigation system in Kandal province, according to press release from the French Embassy in Phnom Penh. The signing ceremony for the provision of the funding was held on 06 Mar...
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