Projects Development
Ocic Invests USD45 Million in Two Bridges
Prime Minister Hun Sen on Monday 23 October 2017 presided over the groundbreaking ceremony on the construction of the new concrete bridge spanning 800m across the Tonle Sap River from Chroy Changvar Satellite City to National Road 5. “The new bridge will help the traffic flow on national road 6 and 5, while the old Chroy Changvar bridge gets repaired,” he said. “The bridge will make travel ...
Read MoreThe Gateway to Open for Business in Late 2019
Located along Russian Boulevard in the newly expanding Central Business District, the Gateway Cambodia is expected to complete construction work by December 2019, with the mixed-use residential and business facility open for business soon after. The development is a joint venture by Tiong Aik Corporation Singapore (TA Corporation Ltd.) which has a track record of over 40 years’ experience in th...
Read MoreSiem Reap’s Largest Mall to Open in 2018
Siem Reap’s largest mall and entertainment centre is set to open on a 1-hectare site in the centre of the city in 2018. The Heritage Walk is 40,000 square metre multi-storey development located on National Road No.6 that will feature covered and open-air retail space with 100 shops, restaurants, coffee shops and a cinema. The facility is expected to become a popular tourist attraction with loca...
Read MoreNation’s Biggest Sez Set to Expand
The Sihanoukville Special Economic Zone (SSEZ) is set to double in size over the next five years and attract 300 new tenants. Established in 2008, the facility is the nation’s largest SEZ occupying 1,100 hectares close to the nation’s only deepwater seaport. A Chinese-Cambodian joint venture, SSEZ has become a key part of the cooperation between the two nations on China’s One Belt, One Road ini...
Read MoreThai-based Makro Supermarket to Open Nine Branches
Thai-based Makro supermarket has announced it intends to open nine new branches in Cambodia following the opening of its first wholesale outlet later this year. After breaking ground in late May 2017, Makro is currently constructing a two-storey 10,000-square-metre wholesale warehouse supermarket on a 5-hectare plot in Beong Pung Peay city in Phnom Penh’s Sen Sok district in the northwest of th...
Read MoreCCA Construction Expo approaching
With just over a month to go, the 6th Cambodia Constructors Association Summit & Construction Industry Expo is scheduled for 30 November to 2 December 2017 at the Diamond Island Exhibition and Convention Center. The nation’s largest construction trade show will bring together professionals from the construction industry as well as government officials. Having successfully hosted the Cambodi...
Read MoreA 78 Floors Commercial Building to Flourishes Close to Diamond Island City
Phnom Penh: Named the Glory International Center commercial building will invest hundred million dollars by China's investor near the Diamond Island Sattelite City close to the Bridge which will be open in 2023... (full text coming soon)
Read MoreThe Condo Market in Cambodia… Where Do We Stand?
We can all see that the city is full of construction sites, with a majority of them condo projects. This represents a big step forward and a huge change for a new lifestyle in Cambodia. Many people say it will need time for Cambodian people to get used to this new way of living and the main concern is who will buy these condo units. Most of the projects are in the inner city, out of reach for m...
Read MoreMalaysian Property Investment Company Eyes Cambodia
A leading Malaysian-based property investment consultancy company has announced its intention to expand its operations into the ASEAN market, including Cambodia. The executive chairman of Rahim & Co International told the Malaysian newspaper the Sun Daily that the company intends to open at least two or three branches in the next five years. Key target markets included Cambodia and Vietnam,...
Read MoreReal Estate Finance, Investment Analysis, Valuation & Modelling
Real estate construction or investment requires a high level of technical expertise in building and using financial models if the building is to be profitable for its builder or owner. This has not always been available, with the result that a large percentage of real estate has been built or bought without the necessary understanding or planning to underpin decision making. The consequence of thi...
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