Cambodia Recommends Kampong Chhnang Airport as Alibaba Logistics Hub

Photo by Adventures of a Regular Guy Cambodia has asked 4PX Express of Alibaba Cainiao Logistics Group to consider selecting Kompong Chhnang Airport as logistics hub as part of the cross-border e-commerce trade within the Cambodian marketplace. Speaking during the meeting with the company on 18 March 2019, Senior Minister and Minister of the Ministry of Public Works and Transport (MPWT) H.E ...

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Bids Open for Construction of New Water Treatment Plant

រូបតំណាង Phnom Penh Water Supply Authority (PPWSA) has announced the opening of the bidding process for a US$350 million water treatment plant, according to an interview with PPWSA Director General of H.E Sim Sitha by Construction & Property Magazine on 20 March 2019. According to H.E Sim Sitha, this project will be constructed on 10 hectares of land, in Bak Khaeng, Chrouy Changva, Ta Se...

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150MW Coal-fired Power Plant in Sihanoukville Nearing Completion

With Cambodia aiming to generate increased electricity to be more energy self-sufficient, a new coal-fired power plant in Sihanoukville province using US and Japan technology is nearing completion, according to a senior official of Electricite du Cambodge (EDC). Speaking to local media FRESH NEWS on 18 March 2018, H.E Keo Rattanak, Royal Government of Cambodia delegate in charge of managing Ele...

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Bids Open for Construction of Cambodia-korea Incubating Centre (CKIC)

credit: independent.com The KOREA International Cooperation Agency (KOICA) will provide US$7 million in grant aid to build a Cambodia-Korea Incubating Centre (CKIC) in Cambodia, according to Deputy Country Director of KOICA in Cambodia Ms Weon Jihye. Expected to start construction in early 2020, the project will be built on the 1600 square meter facility at the Royal University of Phnom Penh...

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New Market Trends in Phnom Penh’s Office Properties

Amidst the slow growth of property markets across Southeast Asia apart from Thailand and the Philippines, the office market in Phnom Penh continues to remain strong with steady demand. Both demand and supply continue to be on a positive trend. As a result, landlords have enjoyed an increase in rental rates. Office spaces in Phnom Penh continue to sustain growth, amidst moderate levels of vacanc...

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Construction on Kingdom’s Longest Bridge to Begin in 2019

Sample photo by ABC News Construction on Cambodia's new and longest bridge connecting Kampong Chhnang to Kampong Thom province is to begin in 2019, according to a senior official of the Ministry of Public Works and Transport (MPWT). On 18 March 2019, spokesman of MPWT H.E Vasim Sorya told Construction & Property Magazine that the project, which was announced on Prime Minister of Cambodia...

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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...

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Measures 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...

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South 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...

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Land 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...

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