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ខ្មែរ Projects Development
British Companies Eye Cambodia for Construction Business
- 2 October 2018
Many British companies are looking for opportunities to do business in the Cambodian construction sector, according to British diplomats. According to a Ministry of Commerce Facebook post on 2 October, 2018, UK Trade envoy H.E Edward Vaizey and British Ambassador to Cambodia H.E Tina Redshaw said that “currently there are many British construction companies looking for opportunities to enter in...
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Three Chinese Firm Team Up to Establish Online Commercial Center at Bavet City
- 1 October 2018
Sample photo by Vents Magazine Three Chinese companies have signed a collaboration agreement on the establishment of an online commercial centre in Bavet, according to a report by FRESH NEWS on 30 September, 2018. According to the same source, the developer of the Svay Rieng border town project, Empire World Group, signed the agreement with Bauing Group and CFMA (City Facility Management) to...
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Chinese Firm Announces Construction Plan for High-end Residential Building
- 29 September 2018
A Chinese real estate firm has announced their development plan for a high-end residential building called the R & F Glory, according to a post on the Ministry of Information’s (MoI )facebook post on 28 September, 2018. R & F Properties has announced a US$700 million investment for a 174-metre high, 57-storey building on 8 hectares of land in the south of Phnom Penh. According to the...
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China Keen to Build Roads Throughout Sihanoukville Province
- 28 September 2018
Chinese companies are interested in building roads throughout Sihanoukville Province, according to Sihanoukville provincial governor H.E Yun Min. In a phone interview with Construction&Property Magazine on 27 September, 2018, H.E Yun Min said that Chinese companies are interested in constructing and restoring roads throughout Sihanoukville and there were already six companies proposing to c...
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Japan Funds Us$1 Million for Bayon Temple Restoration Project
- 26 September 2018
On 25 September, 2018, Japan funded US$1 million through UNESCO to Cambodia for a restoration project of Bayon Temple inSiem Reap Province. According to a UNESCO Facebook post, the Royal Government of Cambodia, through the Ministry of Culture and Fine Arts signed a Memorandum of Understanding (MoU) with UNESCO on the restoration project of Bayon Temple under the support from Japanese Funds-in-T...
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Sihanoukville to Welcome Its First Shopping Mall
- 21 September 2018
Sihanoukville is to soon welcome its first shopping mall. On 21 August 2018, Ms Lim Sokha Davin, sales manager for Furi Real Estate told Construction &Property Magazine that the construction of Furi Times Square located near the Independence Monument Park in Sangkat Mitapheap, Sihanouvkille is scheduled to open in June 2019. According to Ms Lim Sokha Davin, Furi Times Square is the result o...
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Giant Real Estate Firm to Develop Commercial Centre Around Kbal Thnal Flyover
- 20 September 2018
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-...
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Korea to Establish Institute of Construction Technology in Cambodia
- 19 September 2018
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...
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Singapore Real Estate Firm Eyes Cambodia’s Hotel Market
- 19 September 2018
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 ...
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Prime Minister Samdech Techo Hun Sen Orders U-turn on Prek Treng Beach Development
- 18 September 2018
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...
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