Increasing Capacity of Water Treatment in Sihanouk City Approved

Photo by Ministry of Public Works and Transport Inter-ministries have agreed to upgrade capacity of 4 wastewater treatments in Preah Sihanoukville province from 25,000 cubic meter to 30,000 cubic meter aiming to restore environment in the province. The upgrading of capacity of wastewater treatment is scheduled to be completed ahead of 2022, when Preah Sihanoukville province hosts ASEAN Summi...

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Luxury Branded Residences on Rise in Asia Pacific

The majority of branded residential projects currently under construction globally, equaling 27%, are now located in Asia Pacific, according to a new Savills report. 120 completed, operational branded residential schemes are located in Asia Pacific with Thailand having 6% of schemes globally, making it the world's third biggest country market. Bangkok is one of the world’s biggest urban markets...

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Malaysia’s East Coast Rail Link to Proceed After Costs Slashed

After cancelling the Chinese-sponsored East Coast Rail Link in February 2019 due to concerns about the huge price tag, the Malaysian government has announced work will restart after costs have been slashed by US$5 billion. The first two phases of the 688km rail link will cost about $10.6bn, rather than the original estimate of $15.9bn, according to a statement from the office of Prime Minister ...

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Competition Rises in Phnom Penh’s Retail Property Market

Competition is increasing in Phnom Penh’s retail property sector as developers build new retail centres. New community malls and shopping centres that are set to be complete or open include Phnom Penh Megamall (formerly Parkson Mall), The Bridge, Downtown 93, Noro Mall and Olympia Plaza Mall. These new developments will increase total retail spaces to approximately 300,000 square metres. The re...

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Cambodia Architect & Decor 2019

The platform to create networking and business opportunities between international stakeholders and local Cambodia architects, project developers, interior designers as well as traders and distributors, will return on 6 – 8 June 2019 at the Diamond Island Convention and Exhibition Center, Phnom Penh. Organisers, the Cambodian Society of Architects and ICVeX, retain the theme of “Design for bett...

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FC Barcelona New York Academy Developers Visit Cambodia to Provide Us Immigration Opportunity

FC Barcelona New York developers, Prospect Sports Partners, delivered a keynote presentation to investors in Phnom Penh offering them the opportunity to immigrate to the United States under the US government’s EB-5 immigration program. FC Barcelona New York Academy Developers, Prospect Sports Partners, delivered a keynote presentation to investors in Phnom Penh offering them a chance to immigra...

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CBRE: Major Property Changes in Phnom Penh for Q1 2019

International real estate agent CBRE Cambodia on 09 April 2019 launched its Phnom Penh property market review report featuring changes within the office, residential, retail, and landed property sector. As the market now focuses more on the office sector, the reports highlight that over the three-month period, supply of centrally-owned offices increased by 9,180 square metres while supply of st...

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China to Build Subway System in Metro Manila

Photo: Wikipedia China Civil Engineering Construction Corporation (CECC) has won the contract to build a US$3.7bn, 11Km subway system in Manila, capital of the Philippines. The deal between Philippine Infradey, the local company developing the subway in Metropolitan Manila, and CECC, a subsidiary of Chinese state-owned China Railway Construction Corporation was announced on the Philippines s...

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Chinese-funded Morodok Techo Stadium 50% Completed

The sound of fireworks echoed across the new satellite city of Prek Tasek, Khan Russey Keo, Phnom Penh to celebrate the completion of the main structures of the mega Morodok Techo National Stadium, a building symbolising the strength of Cambodia-China relations. Stretching over 82,400 square metres of construction area, the Morodok Techo National Stadium was 50% completed on 12 May 2019, follow...

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Land Ministry Calls for More ‘cambodia Construction App’ Users to Promote Transparency

With the rapidly increasing numbers of construction projects across the country, the Ministry of Land Management Urban Planning and Construction (MLMUPC) has called for more ‘Cambodia Construction’ users, the mobile application that has been developed to provide useful information for the sector. Speaking before more than 300 attendees at the recent Cambodia Property Awards, H.E Dr Pen Sophal, ...

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