Projects Development
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...
Read MoreUS$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 ...
Read MoreExpansion 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...
Read MorePsar 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...
Read MoreTwo More Big Hotels Given Green Light in Sihanoukville
Sample Photo of Beach Resort Two property development companies have received the green light from the Council for the Development of Cambodia (CDC) to build luxury hotels in Sihanoukville, providing over 2,000 jobs. Nan Hai Real Estate Development Co. Ltd and Hein Li Properties Co. Ltd have received certificates of approval to build a five star and a four star hotel respectively. The CDC...
Read More970 Investment Projects Worth US$23 Billion Approved in the Past Five Years
The Council for the Development of Cambodia (CDC) has approved a total of 970 projects worth more than US$23 billion between 2013 and 2017, 35% of which is the infrastructure-related investment. According to the Ministry of Information, this amount comprises of both new and expansion projects, which on average has helped to create about 219,000 new jobs for local people a year. Infrastructur...
Read MoreShanghai Company to Expand Tonino Lamborghini Hotels Brand to Cambodia
Tonino Lamborghini Hotel in Wenzhou City scheduled to be opened by 2020 Shanghai-based Join.In Hospitality Management plans to open two new properties under the Tonino Lamborghini Hotels & Resorts brand in Siem Reap Province, according to a report from TTG Asia. The announcement was revealed after the firm signed an agreement with Hong Kong’s Shimao International Development Company to d...
Read MoreExperts Share Insights at Cambodia’s First Ever Tall Buildings Forum
Dozens of experts from both the government and private sectors gathered at Cambodia’s first ever Tall Buildings Forum to share their visions and knowledge on current and future issues for Tall Buildings in Cambodia across the spectrum of planning, design, technology, building operations, safety measures, sustainability and long-term development. Organised by the European Chamber of Commerce in ...
Read MoreH.E Sun Chanthol: No Cut Off in Infrastructure Aid
H.E Sun Chanthol has cast aside rumoursthat Japan, as well as other development partners, plan to cut off assistance for Cambodia's infrastructure. In response to journalists on 23 July, 2018, H.E Sun Chanthol, Senior Minister and Minister of Public Works and Transport (MPWT), said "there is no cut off of aid from any country on the construction of infrastructure in the country." Development...
Read MoreChina Opens Huge Commercial Market for Construction Industry
Huge Chinese-owned commercial market opens in Kandal Province bringing hopes for Cambodia construction industry. On June 21, a furniture manufacturer Chengdu Bayi Furniture Group based in Sichuan Province had officially opened its depot, the 'Chengdu Bayi Cambodia-China Commercial Market' located along National Road No.4 in Roka commune, AngkSnuol District, Kandal Province. Comprising of ent...
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