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ខ្មែរ Projects Development
Macau Casino Group Acquires Land in Siem Reap to Develop an Integrated Resort Project
- 15 February 2019
Sample Photo: The Legend Hotel. Photo Credit: Macau Legend Development A Macau-based casino firm named Macau Legend Development Ltd has recently purchased 1,200 hectares of land in Siem Reap, Cambodia with the intention to develop an integrated resort, according to Macau News Agency. The land has been purchased the land from Howing Enterprises Co. Ltd for a price of approximately US$90 milli...
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Government to Construct US$160 Million Hydro-power Plant in Pursat Province
- 13 February 2019
Sample photo by WorldFish The government has recently revealed a plan to construct new hydro-power plant costing about US$160 million in Pursat province by the end of 2019, according to the Cambodian People's Party (CPP) webpage. This hydro-power plant is to be built at the Pursat River, with a capacity to generate about 80 megawatts of electricity. Currently, the government is conducting st...
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New Khmer-thai International Checkpoint Ready in 2020
- 11 February 2019
A new Khmer-Thai checkpoint in Banteay Meanchey province at the Stung Bot International Checkpoint, in addition to the Poipet checkpoint, is scheduled to complete construction and open for service by next year, according to a report from the Ministry of Public Works and Transport (MPWT) on 9 February. Located about 7km from the Poipet International Checkpoint, the new project includes a bridge ...
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Three New Water and Sewage Facilities to Be Built in Phnom Penh
- 11 February 2019
Sample Photo Credit: Steffi A. Boehler/Flickr Phnom Penh Municipality is planning to construct two new underground water reservoirs and a new sewage line to help ease flooding as part of implementing the city’s development masterplan. According to a report by Phnom Penh Municipality released on 9 February, the first underground water reservoir will be built in Chaktomok commune and capable o...
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Construction Sector Milestone: Domestic Cement Production Up to 3.6 Million Tons in 2018
- 8 February 2019
8 Construction Solutions which combined high-quality production expertis... Cambodia produced more than 3.6 million tons of cement at four cement factories in the first nine months of 2018, a positive sign that the construction sector is growing steadily, according to the latest figures from the Ministry of Industry and Handicrafts. The four factories responsible for this milestone output ar...
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UK Condo Adding More Stock to Local Condominium Market
- 30 January 2019
Condominium stock across Cambodia continues to rise with an average growth of around 18% in the fourth quarter of 2018, reflecting the country’s strong economic growth. With this influx of supply, condominium developer UK Condo & Construction Co, Ltd is gaining further market share thanks to its ongoing projects which now amount to more than 4,000 units across major cities. The firm rece...
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Construction Deal for National Road No.5 Signed
- 29 January 2019
The Ministry of Public Works and Transport (MPWT) has signed a construction deal with three Japanese firm as part of the US$500 million loan project funded by the government of Japan. The deal between the MPWT and Ilsung-Cienco I Joint Venture, Obayashi Corporation, and Tekken-Ikee Joint Venture, is for the work on the rehabilitation of NR5, for which each firm is to have different package all ...
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Feasibility Study Underway for Phnom Penh-siem Reap Expressway
- 29 January 2019
Two companies are conducting feasibility studies for a Phnom Penh-Siem Reap Expressway, according to the Minister of Public Works and Transport (MPWT) on 28 January 2019. Speaking to reporters after signing a road construction agreement with Japanese firms, H.E Sun Chanthol, Senior Minister and Minister of MPWT, said that two companies are now studying the feasibility of building the expressway...
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Gdt to Build Us$60 Million Office in OCIC Development Zone
- 28 January 2019
The General Department of Taxation (GDT) has chosen the development zone of the Overseas Cambodian Investment Corporation (OCIC) as the location for the construction of its new office building. The announcement was made by OCIC Chaiman Neak Oknha Pung Kheav Se on 26 January 2019 as reported by local media FRESH NEWS. The new building will have a total height of 36 floors and will be built in...
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Topping Out of Gold Tower 42 to Boost Property Sector
- 28 January 2019
The property sector in Cambodia is to see a boost as a result of the topping out of the Gold Tower 42 project in the heart of Phnom Penh on 28 January 2019. The news of the structural completion of the Gold Tower 42 structure has been welcomed by real estate experts in Cambodia, and founder of Key Real Estate Mr Sorn Seap expressed his great pleasure. “The moment I heard about the structural...
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