Projects Development
Malaysian PM Pulls the Country Back From Infrastructure Plans With China
Photo by World Economic Forum Malaysian Prime Minister Mahathir Mohamad continues to indicate his plans to abandon the multi-billion dollar Chinese-sponsored infrastructure program agreed to by previous PM Najib Razak. PM Mahathir has already suspended almost US$25 billion of Chinese projects including the $20 billion East Coast Rail Link and two huge petroleum pipeline projects. His rati...
Read MoreMaruhan Group inks construction deal with Lotte E & C
Japan-based entertainment conglomerate Maruhan Group has signed a contract with Lotte Engineering & Construction Co., Ltd (Lotte E & C) for the construction of Sathapana Bank Plc’s new head office. On 29 August 2018, Maruhan Investment (Cambodia) Co., Ltd, subsidiary of Maruhan Group (owner of Sathapana Bank Plc) signed a contract agreement with Lotte E & C for the 22-storey, 103-me...
Read MoreMinister Requests Support for Flyover in Stung Bot
Sample photo by Wikimedia Commons In a bid to ease traffic around the Stung Bot border checkpoint, H.E. Sun Chanthol, Senior Minister and Minister of Public Works and Transport (MPWT) has asked Japan to support the construction of a flyover at the Stung Bot intersection. Therequest was made during a meeting between H.E. Sun Chanthol and the Japan International Cooperation Agency (JICA) missi...
Read MoreGovernment Approved Chinese Mega Development Project Along the Riverside
The Council for the Development of Cambodia (CDC) has approved the investment project located along the Tonle Sap River that was requested by Chinese real estate developer, Chean Chhoeng Thai Group, a subsidiary of Yuetai Group. Called “The City Gate” mega commercial complex, the investment project will cost Chean Chhoeng Thai Group US$531.6 million and can create additional 21,684 jobs for the...
Read MoreEDI Port Project Set to Finish by 2021
The project for the Electronic Data Interchange(EDI) system for ports in Cambodia is set to be operational by 2021, according to Dr Masahiko Furuichi from the Japan International Cooperation Agency (JICA) mission team. In a meeting with Senior Minister and Minister of Public Works and Transport (MPWT) H.E. Sun Chanthol on 27 August, Dr Masahiko Furuichi said that the Japan-funded port EDI proje...
Read MoreSCG Contractor Matching Platform to Improve Construction Industry
Cement and building material company Siam Cement Group (SCG) has launched a construction matching platform to improve construction industry standards in Cambodia. Called SCG Contractor Matching Services, the platform allows homeowners and developers to find the right contractors and building materials for their project. Once customers register with the programme, the company will search for qua...
Read MoreCambodia-russia Nearing Agreement on Building Nuclear Research Centre
Sample Nuclear Research Centre by Wikipedia Cambodia and Russia are planning to conclude a draft agreement on the construction of a Nuclear Research and Technology Centre located at the Institute of Technology of Cambodia, according to a press release by the Royal Academy of Cambodia on 23 August. The Department of Science and Technology of the National Council for Sustainable Development of...
Read MoreGovernment to Rehabilitate Sre Ambel-koh Kong Road
Photo: MPWT's facebook In a bid to improve citizens’ access to and use of transport infrastructure, the Cambodian government plans to spend more than US$70 million to renovate National Road 48 linking Sre Ambel to Koh Kong Province, according to H.E Sun Chanthol, Senior Minister and Minister of Public Works and Transport (MPWT). Speaking to reporters on 23 August, H.E Sun Chanthol said that ...
Read MoreKorea Studies Mekong River Bridge Construction
Sample / photo: Jax Stumpes Korea has expressed interested in the construction project for the bridge connecting Chroy Changvar to Svay Chrum in Lavea Em District, Kandal Province, according to H.E Vasim Sorya, a spokesman from the Ministry of Public Works and Transport (MPWT). Speaking with Construction &Property Magazine on 22 August, H.E Vasim Sorya said that representatives from Kore...
Read MoreConstruction of High-rise Building Morgan Tower Kick-off
Photo by Skycrapercity Construction of Morgan Tower, a high-rise building located in the heart of the Diamond Island, Phnom Penh, began on Saturday 18 August, 2018. Backed by Chinese firm Morgan, the project is expected to cost US$160 million and feature a five-star hotel, offices, and other facilities. The tower will stand at 46 storeys and approximately 210 metres. The whole building is be...
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