World Bank: China Slowdown, Cambodia Construction and Real Estate Prone to Risk

As Cambodia’s main source of investment inflow comes from China, a slowdown in its economy will likely to see Cambodia’s construction and real estate sectors prone to risk, according to a World Bank Economic Update Report released last week.

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Study on Improving Railway Network Starts

China Railway Construction Corporation (CRCC) Limited starts its mission in conducting study on improving the railway network in Cambodia and the transportation infrastructure in Phnom Penh City to ease traffic congestion.

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Royal Group, Singapore Developer Building Luxury Condo in Toul Kork

The Royal Group and Singapore-based real estate developer Hong Lai Huat Group Limited have partnered to jointly develop a 28-floor condominium in Toul Kork district.

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Us$200 Million ‘one Central Tower’ Project Ground Breaks in Boeung Snor

Global investment firm B.I.C Group broke ground on its first real estate project ‘One Central Tower’ located in the east of Phnom Penh on 06 May 2019 with the aim to transform the area into a world-class urban destination, according to their press release.

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Construction of Japan-funded Teacher Education College (TEC) Begins

The Cambodian Minister of Education, Youth and Sport and the Japan Ambassador to Cambodia witnessed the ground-breaking ceremony of Teacher Education College (TEC) located in Phnom Penh on 07 May.

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Kampot International Tourism Seaport Construction Completed by End of 2019

Construction on the Kampot International Tourism Seaport is now about 25% complete with work on the facility expected to finish before end of 2019.

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Winners Announced for PropertyGuru Cambodia Property Awards 2019

The winners for the finest real estate projects in Cambodia were announced at the Gala Dinner of the ‘4th Annual PropertyGuru Cambodia Property Awards’ held at Sofitel Phnom Penh Phokeethra on 03 May 2019.

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Ground Broken on Manila’s First Metro

Ground was broken on Manila’s first ever metro system in March 2019, although the Japanese contractors responsible have already warned that the 2022 deadline for completion is too optimistic.

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Cambodia-China Discuss Establishment of Sister City Alliance and Liaoning Industrial Park in Sihanoukville

Representatives of Cambodia and China recently discussed establishing a Liaoning- Sihanoukville Sister City Alliance and Industrial Park, according to a recent post on the Ministry of Commerce Facebook page.

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Wyndham Hotels & Resorts in Long Bay & Dara Sakor Sign Strategic Cooperation With Zhengheng (Cambodia) Co., Ltd and Trf Vacation Club

A signing ceremony was recently held at the ZhengHeng HQ between ZhengHeng (Cambodia) Co., Ltd, the leader of the Long Bay Dara Sakor Holiday and Resort Project, and TRF VACATION CLUB

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