Projects Development
Giant Real Estate Firm to Develop Commercial Centre Around Kbal Thnal Flyover
Giant real estate firm Prince Real Estate (Cambodia) Group Co., Ltd has disclosed its plan to develop a commercial centre around the Kbal Thnal flyover area in the near future. Speaking to reporters during the ceremony of the completion of the building structure for Prince Modern Plaza, Mr Li Min, CEO of Prince Real Estate Group (Cambodia) said that his company is planning to develop four mega-...
Read MoreKorea to Establish Institute of Construction Technology in Cambodia
In order to help improve the standard of road construction in Cambodia, Korea is planning to build an Institute of Construction Technology for Cambodia, according to the outcome from a fact finding visit to Korea by Cambodian delegates on 18 September 2018. The Korean government, through its Korean Institute of Construction Technology (KICT) based in Seoul, has shared the draft of the plan to e...
Read MoreSingapore Real Estate Firm Eyes Cambodia’s Hotel Market
Ascott Limited, a Singapore-based serviced residence owner-operator, is keen to expand its business hotels into Southeast Asia with Cambodia being one of the company’s immediate targets, according to their press release. With the rapidly growing economy across the ASEAN region, Ascott plans to add another 20,000 keys over the next five years. This will increase the company’s hotel portfolio to ...
Read MorePrime Minister Samdech Techo Hun Sen Orders U-turn on Prek Treng Beach Development
H.E Chea Sophara, Deputy Prime Minister and Minister of Ministry of Land Management Urban Planning and Construction (MLMUPC), and his team inspected the coastal land at Prek Treng in Sihanoukville Province on 18 September and ordered a U-turn on the development of Prek Treng Beach as ordered by Prime Minister Samdech Techo Hun Sen, according to an official press release. The move came as a resu...
Read MoreSouth Korea Keen to Help Cambodia on Systematic Infrastructure Development
The Republic of Korea is keen to help Cambodia on Systematic Infrastructure Development, according to H.E Kim Hyun Mee, Minister of Land, Infrastructure, and Transport of the Republic of Korea. In a meeting with H.E. Sun Chanthol, Senior Minister and Minister of Public Works and Transport held on 17 September, H.E Kim Hyun Mee said that Korea is willing to support the Royal Government of Cambod...
Read MoreCambodia Signs 12 Mous With China Worth More Than Us$80 Million
The Ministry of Commerce (MoC) signed 12 memoranda of understanding (MoU) with China during the 15th China-ASEAN Expo on 13 August worth more than US$80 million. According to the MoC, the comprehensive agreements will cover cooperation in key areas including: 1) Business-to-Business 2) Human resource training for tour guides and engineering (high-speed railway, hydropower dams and irrigation sy...
Read MoreMondulkiri Province Ground Breaks on Construction of Independence Monument
Sample photo by Ethan Crowley To promote tourism in the province, Mondulkiri Municipality broke ground on 9 August ground on construction of an Independence Monument located in Sen Monorom Park (on the land of the former airport) in Sen Monorom City. The ceremony was presided over by Mondulkiri Provincial Governor H.E Svay Sam Eang, with Mr. Khai Peng Son from the traditional construction te...
Read MoreCambodia Inks Deal With China on New Container Port in Kampot
Sample photo by Lars Plougmann Cambodia based Kampot Port Co., Ltd. and China state-owned company CRCC Harbor& Channel Engineering Bureau Group Co., Ltd. have signed a contract agreement on the construction of a container port and the construction of a 14-metre pumping station in Teuk Chhou district Kampot Province, according to the Kampot Administration Department. Signed on 6 September...
Read MoreEnvironment-friendly Midtown Community Mall Set to Open in December
The 3-storey Midtown Community Mall is set to open in TeukThla in December 2018, bringing an additional shopping centre to the kingdom. Located in the heart of TeukThla area along street 2004 and cornering with street 13B, the Midtown Community Mall has been designed through integrating between green spaces and wooden fixtures featuring a variety of retail shops and entertainment centres. Ow...
Read MoreJapan Uses Its Latest Technology for Chroy Chongvar Bridge’s Rehabilitation
The Japan International Cooperation Agency (JICA) released a one-minute long video showcasing Japan’s latest technology used for the rehabilitation of the ChroyChongva Bridge or the Cambodia-Japan Friendship Bridge. As shown in the video, the Japan Ambassador to Cambodia H.E Mr Hidehisa Horinouchi elaborated that Japan is carefully working on the ChroyChongva Bridge’s rehabilitation using Japan...
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