Key Advantages to Using a Property Management Company to Manage Your Cambodian Real Estate Assets

Appointing a skilled property management company can significantly add value to your real estate portfolio while reducing the time and costs spent on having to manage the administrative, legal and technical issues associated with owning them. The recent completion of numerous real estate developments in Cambodia over the past few years has given rise to some interesting questions about how and ...

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US$200 Million Water Treatment Facility to Be Built in Preah Sihanoukville

Photo by Ministry of Pubic Works and Transport The government plans to build a water treatment facility worth US$200 million in Preah Sihnoukville province with a capacity to convert 60,000 cubic metres of contaminated water to clean water per day. During a field visit to the water treatment facility sites in Preah Sihnoukville city, Senior Minister and Minister of the Ministry of Public Wor...

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Chinese Firm Plans for 200 Megawatts Solar Power

Photo by Global Business Insight Chinese electricity investment company plans to invest in 200 megawatts solar power plant, according to the result of a meeting between Prime Minister Samdach Techo Hun Sen and the company’s representative in China. According to Samdach Hun Sen’s Facebook Post on 28 April, representative of China Huaneng Group, which has previously invested in the Lower Sesan...

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Study on Port Development Master Plan Started

Photo by MPWT The Ministry of Public Works and Transport has allowed a group of Chinese experts on ports to conduct a study for a master plan on port development and the waterway system connection in Cambodia. Port experts from China Merchants Port in southern China’s Shenzhen city, which is the second largest port in China and the third largest port in the world, will conclude the study ove...

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SCG’s latest products help prevent water leakage

When it comes to construction and water supply systems, water leakage is among the main concerns for households requiring the usage of PVC pipes on their property. But first, why there is a leakage? How can the problem be solved? SCG is one of Cambodia’s leading construction material suppliers and new products, namely the short flashing socket, brass faucet socket, and solvent cement, provid...

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Spokesperson: Ground Broken on National Road No. 2 Soon

After many years of waiting, the expansion of National Road No. 2 financed the South Korean government, is scheduled to break ground soon, according to the Ministry of Public Works and Transport (MPWT). Speaking by phone with Construction & Property Magazine on 24 April 2019, H.E Vasim Sorya, spokesperson for MPWT said that the initial procedures for the project are completed with ground br...

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Report: Cambodia’s FDI Focuses Mostly on Construction Sector

Foreign direct investment (FDI) inflows peaked at 13.4% of gross domestic product (GDP) in 2018 and more than half of all FDI originated from China. These Chinese FDI inflows were directed towards construction (infrastructure, commercial and residential real estate), tourism and, to a lesser extent, to manufacturing and agriculture, according to a World Bank East Asia Pacific Economic Update re...

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Underpass Construction Project on National Road Gets Green Light

Sample photo by Phnom Penh Municipality Facebook Page Phnom Penh Municipality has agreed on the construction of underpass proposed by Borey Peng Hout, a real estate developer, along the National Road No.1 of Boeng Chhuk village, Nirouth commune, Chbar Ampov district. Meat Measpheakdey, spokesman at Phnom Penh Municipality, said that the project was given the green light to the proposal by th...

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Chip Mong Land Inaugurates Road Linking to Three Important Roads in Phnom Penh

Residential development firm Chip Mong Land, a subsidiary of Chip Mong Group opened a new public road on 08 April 2019 linking up to other three important roads in Phnom Penh. Called ‘Neak Oknha Pheakdey Soboros Pho Keak Theb Padey Hun Neang’, this 753-metre long road has been renovated by Chip Mong Land to provide convenience for the people. The new road connects to three important roads, name...

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Cambodia, Thailand to Officially Open Railway Connection

Sample photo by railwaygazette.com The rail lines between Cambodia and Thailand will be officially connected on April 22, increasing the facilitation of cross-border travel, logistics and trade by rail. H.E Sun Chanthol, Senior Minister and Minister of the Ministry of Public Works and Transport (MPWT), said that prime ministers of the two countries will attend the official inauguration cerem...

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