Prek Pnov to Become the New Property Hotspot

Prek Pnov District Prek Pnov District, a suburburn area in the north west of Phnom Penh has recently become more popular and has attracted small and medium scale land buyers as the city continues expanding. The latest survey by Key Real Estate Co., Ltd shows that during the first half of 2018, the land prices in Prek Pnov are saw a significant increase compared to H2 of 2017. The land price ...

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Third Coal Power Plant in Sihanoukville to Start Construction Next Year

Sample photo by Wikimedia The Cambodian government has given the green light tothe construction plansfor a two-unit coal-fired power plant in Sihanoukville Province worth more than US$1 billion, according to H.E. Victor Jona, Director General of the General Department of Energy for the Ministry of Mines and Energy (MME). In a phone interview with Construction & Property Magazineon 11 Jul...

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Refurbishment of Chroy Changwar Bridge Set to Finish Before Schedule

The renovation of Cambodia-Japan Friendship Bridge in Chroy Changva is set to finish before schedule, according to Mr Chhim Phalla, Director of the Department of Roads for the Ministry of Public Works and Transport (MPWT). Speaking with the Ministry of Information, Mr Phalla said that the project is 48% complete and it will finish before Khmer New Year in April, two months ahead of the set sche...

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Borey Tourism City in Siem Reap to Host a Customer Thank You Party

Borey Tourism City in Siem Reap Borey Tourism City by OCIC is hosting a lucky draw party to celebrate 70% of its 3rd and 4th phases selling out as well as to thank the customers who have always supported Tourism City since its first phase. To be held at 6pm-8pm on 16 July, the event will take place at the Borey Tourism City Sales Office in Siem Reap Province, where all attendees can have the...

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Dutch Company to Develop Luxury Lotus Island on Phu Quoc

Lotus Island on Phu Quoc. Photo Credit: Royal Haskoning Dutch consulting engineer Royal Haskoning has been chosen to design an artificial island in Vietnam, according to a statement on the company’s website. The man-made island, in the shape of Vietnam’s national flower the lotus, will be located at the South East coast of Phu Quoc Island and will be part of a larger waterfront and coastal d...

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US$15 million rice storage facility opens in Battambang Province

rice storage facility source Chea Chenda State-owned bank Rural Development Bank (RDB) inaugurated Cambodia’s biggest rice warehouse and drying facility on 3 July in Battambang Province according to the official post on Facebook. The warehouse is capable of stocking 200,000 tons of paddy rice while the drying facility can process up to 3,000 tons of rice daily. Built at a cost of US$15 milli...

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Vietnamese Firm Plans for US$500 Million Steel Factory in Sihanoukville

A Vietnamese firm plans to invest US$500 million to build a steel factory in Sihanoukville Provincecapable of generating around 2 million tons of steel each year. The study plan was revealed during a meeting between Sihanoukville governor H.E Yun Min and Mr. Chu Quang Vu, manager of Research & Development for steel firm HoaPhat on 2 July 2018. Speaking during the meeting, Mr.Chu Quang Vu...

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US$96 Million Phnom Penh-Poipet Rail Line Complete

Minister of Public Works and Transport H.E. Sun Chanthol this morning presided over on the soft launching ceremony of the rail line from Pursat to Phnom Penh, which concludes the final phase of the rehabilitation project of the entire 386 kilometre-long northwest railway line. The line from Pursat to Phnom Penh is 166km long and comprises of two sections including Pursat-Bat Doeng (134 km) and ...

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Expansion of National Road No.5 Between Chroy Chavar-Prek Pnov to Be Diverted

The project of expanding National Road 5 to four lanes from Chroy Changvar Bridge to Preak Pnov Bridge has been adjusted by changing the expansion plan to the Tomnob Kob Srov Dam route instead, which will be a new shortcut connecting National Road No. 4 to National Road No.5. The change was raised by Prime Minister Samdech Hun Sen during the inauguration ceremony of the Cambodia-China Friendshi...

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Psar Dey Hoi Flyover Officially Inaugurated

Prime Minister Samdech Hun Sen presided over the inauguration ceremony and official opening of the Cambodia-China Sen Sok Friendship Overpass Bridge or Psar Dey Hoi Flyover on the morning of 2 July. Construction on the $17.5 million bridge was completed in May, and marked the fifth such flyover to be built in the capital. Stretching 942 metres long and 16.5 metres wide, the Asphalt Concrete (AC...

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