Projects Development
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...
Read MoreStructure 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...
Read MoreUS$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...
Read MoreContract 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...
Read MoreChina 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...
Read MoreGovernment 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...
Read MoreSingapore to Unveil Rigorous Underground Master Plan 2019
Sample photo by Property Guru Besides its expertise in green buildings, Singapore is now starting to draw attention with its rigorous Underground Master Plan. Responding to land limitation and the rise in population, the Singaporean government is preparing to unveil its Underground Master Plan 2019, according to Reuters. Speaking with Reuters, Mr Ler Seng Ann, a group director of the Urba...
Read MoreCambodia Sees Sharp Decline in Construction Investment in 2018
Although construction activities have yet to decline, construction investment capital has dropped remarkably in 2018, according to a report by the Ministry of Land Management Urban Planning and Construction (MLMUPC), issued on 24 December, 2018. According to the report, 2018 saw the ministry approve 2,867 construction projects covering 11 million square meters in construction area, with an esti...
Read MoreGlobal Japanese Hospitality Firm to Open Luxury Hotel in Tuol Tum Poung
Japanese firms are increasingly interested in the hotel market in Cambodia reflected by the announcement of new luxury hotel in Toul Tom Poung area. Okura Nikko Hotel Management, a subsidiary of Hotel Okura, announced that it will open Hotel Nikko Phnom Penh, according to a press release dated 21 December, 2018. According to the press release, the new hotel will open in 2022 located on the u...
Read MoreUS$3.8 Billion Phnom Penh-Bavet Expressway Too Expensive for the Government
Following the feasibility study on the construction of the Phnom Penh-Bavet Expressway, the government has said it is too expensive, citing a lack of budget. The Japan International Cooperation Agency (JICA) recentlyconducted a feasibility study on the expressway connecting the capital city of Phnom Penh to the Vietnam border town of Bavetwhich concluded that the project would cost US$3.8 billi...
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