Technology and Engineering
Pm Lures More Japanese Investment to Cambodia
Samdech Techo Hun Sen, Prime Minister of Cambodia, has called for more Japanese investors and businessmen to consider investing in Cambodia, as he gave high praise for the good quality investment by Japanese investors and businessmen operating in the country. In the workshop on Investment Opportunity in Cambodia held in Tokyo, Samdech Hun Sen asked Japanese investors and businessmen who have vi...
Read MoreLand Ministry Approves US$2.7 Billion in Construction Investment in Q1 2019
More than US$2.7 billion in construction investment projects were approved within the first quarter (four months) of 2019 with China being the leading investor, according to the latest figures from the Ministry of Land Management Urban Planning and Construction (MLMUPC). From January to April, MLMUPC approved construction investment projects with an estimated value of US$ 2,742 million with for...
Read MoreExperts Discuss Opportunities and Challenges for Property Market
As both buyers and investors pay more attention to the booming property sector, experts from the sector shared the market opportunities and challenges at a recent training session. Speaking in front of students and industry insiders at the training course held at the Royal Chartered Academy Institute (RCI), Mr Daniel Tan Garkbin, property practitioner and professor at RCI, shared his optimistic...
Read MoreBattambang Province Set as Economic Core Zone in Country’s Northwest
The royal government has set Battambang province as the core economic zone in the northwest of the county by setting up the strategic plan, vision, and plans for developing the province to achieve the goal by 2030. In the sub-decree on the usage of the Battambang Urban Planning Master Plan, the government set the targets by establishing an urbanisation zone for residential, commercial, and tour...
Read MoreDusit Thani to Redevelop Bangkok CBD Holding
Thai hotelier Dusit Thani and shopping mall operator Central Pattana have announced plans to jointly invest US$1.16 billion in a mixed-use property development in Bangkok’s high-end central business district. The ‘Dusit Central Park’ is situated in the prime business area on the corner of Silom-Rama IV road where the flagship Dusit Thani Bangkok Hotel was built almost 50 years ago. Dusit Tha...
Read MoreKorean Company Proposes New Solar Technology for Water and Energy in Cambodia
Photo by ABB Group A Korean company is considering bringing new technology to produce clean water and energy in Cambodia using solar systems and is looking for local partners, according to a Facebook post by the Ministry of Commerce over the weekend. In meeting with H.E Pan Sorasak, Minister of Commerce, Mr Gyu-Ha Jang, Vice President of the Korea Importers Association (KOIMA), announced ini...
Read MoreConstruction Contract Signed for Us$26 Million Stung Bot International Border Checkpoint
The Cambodian government and a Thai construction company signed a contract on 24 May 2019 for construction of the Stung Bot international border checkpoint and a road connecting the border to National Road No.5. The contract signed by H.E Sun Chanthol, Minister of Public Works and Transport and construction firm Fin Technic will allow work to begin on the project, which will use a loan of 800 m...
Read MoreADB to Help Build 100-MW Solar Park in Cambodia
The Asia Development Bank (ADB) has approved a US$7.64 million loan to support the construction of a 100-megawatt (MW) solar power park in Kampong Chhnang province, for which the government has opened bidding for investment. The loan will help the country develop renewable energy resources, diversify its energy mix, and improve the competitiveness of its economy, according to ADB in a press rel...
Read MoreChip Mong Land Launches Sales of Its First Condominium Project
To capitalise on the strong demand for new modern lifestyles, developer Chip Mong Land launched sales of its 'Park Land Condo TK' on 24 May. Stretching along Oknha Mong Reththy street in the main commercial area of Sen Sok district, this first condo project of Chip Mong Land is a 26-storey luxury condominium featuring many facilities which will best serve new modern lifestyles. 'Park Land Co...
Read MoreGovernment Reviews CLV Triangular Zone Development
Photo by National Assembly of Cambodia The Cambodian government has reviewed the latest progress in the CLV (Cambodia-Laos-Vietnam) triangular zone, saying that significant progress has been made in development on the economy, social initiatives, and security along the border. In remarks shared in a meeting led by H.E. Pan Sorasak, Minister of Commerce and Chairman of National Commission for...
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