Malaysian-based Mall Set to Open

International malls have eyed Cambodia as an emerging investment for some years as the middle class consumers grow. Cambodia now is set to experience a new shopping style when Malaysian-based Phnom Penh Mega Mall opens for business in early 2018. Initially called Parkson and later formally named Phnom Penh Mega Mall, the newly developed 11-storey shopping mall is about 200 meters from the Techn...

Read More

First Large-scale Wholesale Outlet Opens Doors

Shopping lovers in Cambodia will experience the Thai-shopping style thanks to the opening of Makro, the first branded wholesale hypermarket in Cambodia. Thai-based Makro, the first large-scale wholesale supermarket in Cambodia, formally opened for its business on 17 December 2017. Siam Makro, which operates the super mart in Thailand, is now seeking further business opportunities to expand i...

Read More

Property Investments in Condominium or Office Spaces in Cambodia

Cambodia continues to be an attractive real estate investment destination and the country has emerged as one of the key real estate investment hubs in the Southeast Asian region thanks to its geographic advantages. It’s attractiveness in the eyes of foreign corporate investors to date has been the lack of any significant risk to hold them back. Taiwan and Singapore remain the main source of key fo...

Read More

Book and Move Into Olympia City With a 6.5% Interest Rate for 25 Years

To help facilitate buyers to acquire their dream home at the centrally-located Olympia City, the developer is now offering an interest rate of 6.5 percent per year of the property price with payment terms extendable for loan up to 25 years. Developed by Overseas Cambodian Investment Corporation (OCIC), Cambodia’s leading developer behind dozens of property developments, the Olympia City develop...

Read More

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 More

The 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 More

Siem 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 More

Nation’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 More

Thai-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 More

CCA 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 More