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ខ្មែរ Projects Development
US$2 Billion Phnom Penh-sihanouk Expressway Nearing Construction
- 26 January 2019
Photo by ឯកឧត្ដមបណ្ឌិត ម៉ុង ឫទ្ធី H.E Oknha Mong Reththy Ground is soon to be broken on the US$2 billion Phnom Penh-Sihanoukville expressway. Work will begin soon after the installation of the concrete mix factory, and construction materials and machineries have been imported. Work on this first expressway in Cambodia has been planned for more than a year and is now looking to begin soon, ac...
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Cambodian and Chinese Investors Team Up for Large Commercial City Project in Sihanoukville
- 25 January 2019
Sihanoukville is preparing to welcome construction on a large commercial city, a joint venture between local developers and Chinese investors. The K99 Group recently broke ground on the 'Are de Triomphe' commercial project, with a capital investment of about US$70 million, jointly owned by the company and Chinese investors. The 'Are de Triomphe' development includes construction of 36 buildi...
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Chip Mong Aiming to Gain Retail and Shopping Mall Market Share
- 23 January 2019
One of Cambodia’s leading conglomerates Chip Mong Group has announced their intention to capture retail and shopping mall market share with attractive business strategies during a 23 January press conference. As the retail sector in the Kingdom grows, along with stronger competition in the market, Chip Mong Retail (CMR) and Chip Mong Land (CML), subsidiaries of Chip Mong Group, have teamed up t...
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Cambodia to See Massive Infrastructure Investment From Chinese Firms
- 22 January 2019
Chinese companies are to invest heavily in Cambodia infrastructure as a result of the recent meeting between Prime Minister Samdech Techo Hun Sen and Chinese investors in China. On 21 January, 2019, Samdech Techo Hun Sen's official Facebook page posted a five-minute video about the outcome of the meeting which saw three infrastructure firms express their interest in building massive infrastruct...
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Foundations Laid on Us$56 Million Mekong Bridge Crossing
- 22 January 2019
Foundations have been laid on the US$56 million spanning the Mekong between Kampong Cham and TbongKhmum provinces, according to the Ministry of Public Works and Transport (MPWT). Work on the Cambodia-China Friendship Bridge of Stung Trang-KrouchChhmar, began in early February 2018, and the bridge foundations are now laid according to images posted by MPWT. Funded by a loan from the Chinese g...
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‘Amory 7makara’ Development Plots Officially Open for Sale
- 21 January 2019
One of Cambodia largest property firms has officially announced the launch of sales for the ‘Amory 7Makara’ development project, according to their press release. Over the weekend, real estate firm Amory announced the opening of the sale of ‘Amory 7Makara’ located along 7 Makara Street, which connects National Highway No 6 to Oknha Ly Yong Phat and links to National Road 5. The ‘Amory 7Makar...
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China Completes Construction of 88 High-rise Buildings in 2018
- 18 January 2019
The popularity of high-rise construction in China's has reached new heights with more than 80 high-rise buildings completed within one year. According to a report on tall buildings released by the Council of Tall Buildings and Urban Habitat (CTBUH), China has recently taken the lead in skyscraper construction, with 88 high-rise buildings completed in 2018, more than anywhere else in the world. ...
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Government to Seek Investment for Road Linking Three Provinces
- 15 January 2019
In a bid to ease travelling and transportation, the government is seeking investment capital for a road construction project linking three major provinces, according to an announcement made by Cambodia’s head of government. Speaking at the inauguration of the Ring Road No.3 on 14 January, 2019, Prime Minister Samdech Techo Hun Sen announced a plan to build infrastructure connecting Koh Kong, Pu...
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Myanmar Embraces Affordable Housing
- 15 January 2019
Authorities in Myanmar are focusing on increasing the availability and quality of affordable housing. “Although regulations have been created for luxury housing, there is no law covering the ordinary apartments. The government is working to draft such regulations under the National Housing Development Law,” Daw MiMi Tin, deputy director general of the Policy and Project Section of the Departmen...
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Construction of Ring Road No.3 Begins
- 14 January 2019
Construction on Ring Road No.3 linking the capital of Phnom Penh to Kandal Province has been officially inaugurated by Cambodian Prime Minister SamdechTecho Hun Sen. On 14 January 2019, Samdech Techo Hun Sen presided over the groundbreaking ceremony for the construction of the 52.9-kilometre Ring Road No.3 which stretches through Kandal Province for 38 kilometres and Phnom Penh for 15 kilometre...
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