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ខ្មែរ Projects Development
Ibis Styles Hotel to Open in Siem Reap This June
- 21 April 2018
AccorHotels brand is set to open its mid-range Ibis Styles hotel in Siem Reap this June, according to the AccorHotels official website. Located in the city centre, just minutes from the famous tourist spots such as the town’s old market, night market and pub street, Ibis Styles Siem Reap is the first ever Ibis Styles hotel in Cambodia. This trendily designed hotel will features 112 rooms along ...
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Phnom Penh Safari to Open at the End of April
- 20 April 2018
The Phnom Penh Safari by L.Y.P Group has finally set an opening date of 29 April, where four animal shows are slated to be the highlight activities during the first opening. Located on more than 80 hectares of land in Chrouy Changva district, Safari Phnom Penh will become the largest ever zoo of its kind in Phnom Penh and in Cambodia, with an investment value of about USD9 million. Safari Wo...
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586 Construction Projects Worth Usd356m Approved in Q1 of 2018
- 19 April 2018
Construction in Cambodia. Source: World Bank A total of 586 projects with an investment value of USD356 million have been approved during the first two months of 2018, according the Ministry of Land Management, Urban Planning and Construction (MLMUPC). However, this number is considerably lower than the same period from last year. In response to the high number of projects, land prices in th...
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CCA joins workers minimum wage draft law seminar
- 18 April 2018
The Cambodia Constructors Association (CCA) proposed that the labour ministry reconsider and include the topic of construction workers wages in the new law draft related to workers’ minimum wage during its attendance at the official seminar. The seminar was organised by the Ministry of Labor and Vocational Training on 10 April, where related officers from both government agencies and the privat...
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Myanmar-owned Hotel and Casino Opens in Sihanoukville
- 11 April 2018
Another casino has risen in Sihanoukville, but in this instance thanks to investment from Myanmar not China through Gobo East Entertainment Hotel & Casino. The USD13 million hotel was officially opened on 10 April by Cambodia's Deputy Prime Minister and Minister of National Assembly-Senate Relations and Inspection H.E. Men Sam An together with the hotel management team. Located along the...
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USD30m Penthouse Residence Tops Out With 70 Percent Sold
- 31 March 2018
The management and engineering team of The Penthouse Residence Condo project presided over the topping out ceremony for the completion of the building structure on March 29 and confirmed that the project would be fully completed by the end of 2018. Located in the heart of Phnom Penh’s fast-growing riverside commune along Sothearos Boulevard in front of Sofitel Phokeethra Hotel and Aeon Mall, th...
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Premier Land Sen Sok Phase Ii 90 Percent Sold Out
- 30 March 2018
The Premier Land Sen Sok Avenue development has seen 90 percent of Phase II already sold following the swift selling out Phase I even before the ground breaking ceremony in January. With an investment value of approximately USD92 million by L.Y.P group, the current project consists of two phases building a total of 271 shop houses. Each shop house is 4-storeys high, 4 metres wide and 23 metres ...
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L.Y.P. Invests Usd10 Million in Sen Sok Convention and Exhibition Centre
- 28 March 2018
Sen Sok Convention and Exhibition Center L.Y.P group is scheduled to finish the construction and open a new Convention and Exhibition Centre by the end of this year in Sen Sok district following the popularity of similar facilities on Diamond Island. Located in front of Aeon Mall II, this convention and exhibition centre is being built on more than five hectares of land with a total of seven...
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Fortune Tower Tops Out With 70 Percent of Units Sold
- 27 March 2018
The Olympia City management team held a topping out event last week to announce the completion of the Fortune Tower (C7) building. “This topping out completes the building construction. However, the interior has yet to be completed. We are working hard to make the project fully complete and ready to move in by 2019,” said Planning Manager Jang Hong Suk. “At this stage, C7 has been 70 percent...
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Hyatt Regency Phnom Penh Project 38 Percent Complete
- 21 March 2018
Hyatt Regency Phnom Penh. Source: Chip Mong Group Construction of the five-star Hyatt Regency hotel in downtown Phnom Penh is currently 38 percent completed and is on schedule to open by 2020. “At this stage, everything is going well following the schedule. We expect the construction to finish on time,” Mr Ken Nhan, Director of New Business Development of Chip Mong Group Co., Ltd. told the C...
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