Seat Installation Begins at Chinese-funded Morodok Techo Stadium

Installation of the concrete spectator seating has begun at the Morodok Techo National Stadium following 16 months of extensive construction work. The Morodok Techo National Stadium is located in Prek Tasek, Khan Russey Keo, Phnom Penh and is to be the venue for the 2023 ASEAN Games. On 09 January, 2019, the China State Construction Engineering Corporation (CSCEC), the company responsible for t...

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Phnom Penh-Sihanoukville Expressway Remains on Course

The US$2 billion Phnom Penh-Sihanoukville Expressway project is moving forward without any changes, according to the Ministry of Public Works and Transport (MPWT). On 08 January, 2019, H.E. Va Simsorya, spokesman for MPWT told Construction&Property Magazine that the highway construction project remains on course. “This project will start construction, but we do not know the exact date fo...

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Construction of Ring Road No.3 Brings Hope for Land Prices

The announcement of the construction of Ring Road No.3 connecting National Road No.4 to National Road No. 1 is bringing higher hope for land prices in those areas. According to H.E Vasim Sorya, spokesman of the Ministry of Public Works and Transport (MPWT), upon receiving US$259 million concessional loans from EXIM Bank of China, Ring Road No.3 is to officially begin construction on 14 January ...

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Deal for Prey Veng Jurassic Theme Park Scrapped

Sample photo by Shenghung Lin The joint venture responsible for the planned Jurassic Theme Park in Prey Veng Province has announced that the project is to be scrapped with Malaysian investment firm, MQ Technology Berhad pulling out of the deal with Cambodia Resort and Entertainment (CRE). According to an announcement made on the Bursa Malaysia stock exchange on 02 January, 2019, MQ Technolog...

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60-megawatt Solar Power Plant Being Built in Cambodia

Sample photo by Pixabay As the world shifts toward investment in​ renewable energy, Cambodia is also diversifying its energy sources toward solar power. Cambodia is now preparing to get see a huge solar power plant come online in the near future thanks to an investment by local electric power technology provider SchneiTec Group. Located in Kompong Speu province,the plant will have the capaci...

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Structure of Prince It Building Completed

Renowned property developer Prince Real Estate Group has completed the building structure of its project in Sihanoukville, according to apost on the company's Facebook page. According to the announcement on 28 December, 2018,the company has completed the construction of the main structure of the Prince IT Building, a 60,000-square metre information technology building. Located near the Golde...

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US$12 Million Win-win Memorial Peace Symbol Inaugurated in Cambodia

After two years of construction, Cambodia's Win-Win Memorial has been officially inaugurated by Cambodia Prime Minister Samdech Techo Hun Sen. Spreading in the heart of 8 hectares of land, the Win-Win Memorial has been built to commemorate Cambodian heroes who sacrificed themselves in the pursuit of peace during the time when Cambodia was undergoing a ruthless civil war. In addition, the Win-Wi...

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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. On 26 December, 2018, the Ministry of Public Works and Transport (MPWT) signed a contract on advisory services for the sewerage development project with construction and engineering firm Dohwa Engineering Co., Ltd, according to the press...

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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. In recent years, the coastal areas in Sihanoukville have seen rapid development on various projects particularly the booming construction on Otres 1 beach, most of which are being developed by Chinese companies. The...

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Government Approves Us$94 Million Hotel Project in Chrey Thom

Sample photo by Yong Yuan Casino 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. This five-star hotel will have approximately 600 rooms with investment c...

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