Government agrees new airport investment project in Koh Kong province

A new airport investment in Koh Kong province has been approved by the Royal Government of Cambodia, allowing investors to build an airport in Mondul Seima district. According to an announcement from the Council of Ministers released on January 13, the government has approved the airport investment on between 400 and 600 hectares to be […]

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Design of new US$1.5 billion Phnom Penh International Airport 60% completed, construction nears

The architectural design of the US$1.5 billion New Phnom Penh International Airport in Kandal province is now 60% completed with construction coming near, according to Cambodia Airport Investment Co.,Ltd. Speaking to a group of Japanese investors on 9 January at the Canadia Tower, Mr Yee Con Long, a member of the project steering committee of […]

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New underpass planned for Russian Federation Blvd

Phnom Penh City Hall has unveiled a plan to build a new underpass on Russian Federation Road in front of the Royal University of Phnom Penh to facilitate student travel. The tunnel project was discussed at a meeting held on 9 January in the presence of the Phnom Penh governor Khoung Sreng. The tunnel construction […]

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Premier Hun Sen pushes for more SEZs along border

The Head of the Royal Government of Cambodia has pushed for the establishment of more special economic zones on the border with Vietnam in order to attract more investment from Vietnam in Cambodia. The establishment of SEZs has been pushed after Cambodia has already established special economic zones in Bavet town Svay Rieng province and […]

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Investors Shift Interest to Properties Outside Phnom Penh

In Phnom Penh, developers have been focusing on launching new housing and condominiums over the past years.

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Bridge Construction Crossing Bassac River Planned

Phnom Penh Municipal has planned to build a bridge crossing Bassac River linking Prek Bra district and Chak Angre district. According to the announcement dated on December 13, Khoung Sreng, Governor of Phnom Penh, established a working group to conduct a study on building the bridge crossing the Bassac River. The working group is led […]

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10-year master plan to transform Kep into a ‘relaxation and high-end tourist destination’

The Ministry of Tourism is currently drafting a 10-year master plan that will transform the coastal province of Kep into a ‘relaxation and high-end tourist destination’. The Kep provincial administration organised a meeting on 11 December to discuss the strategy for the tourism master plan for Kep to become a relaxation and high-end tourist destination’ […]

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AGT too expensive, gov’t explores two alternative transportation projects

The government is currently exploring two alternative transportation projects after the recently studied AGT railway was deemed too expensive, according to H.E Sun Chanthol, Senior Minister and Minister of Public Works and Transport. Speaking to the media during the 4 December Urban Mobility Forum, H.E Sun Chanthol said “we are studying subway projects and monorail […]

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OCIC Developing “Second Diamond Island” on Koh Norea Area

Overseas Cambodia Investment Corporation (OCIC) is developing a new satellite city, known as the second Koh Pich or Diamond Island in the Koh Norea area. OCIC Chairman Okhna Pung Kheav Se said that the company is filling the area with sand on the Koh Norea area in Chbar Ampov district adjacent to Koh Pich island […]

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Southern Phnom Penh to become green city and high-end commercial centre

The Phnom Penh city hall master plan (2015-2035) has designated the area south of the capital to be developed into a green city and the most important high-end commercial centre in 15 years, according to a Prince Real Estate statement on their website. Phnom Penh Municipality and the city of Paris conducted a study for […]

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