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ខ្មែរ Uncategorized
NBC: Building material imports to continue growing in 2020
- 6 January 2020
Imports of building materials are projected to continuing growing in 2020, according to the National Bank of Cambodia, an indication of the sustained health of the construction sector. According to the Macroeconomic and Banking for 2019 and 2020 Outlook report of the National Bank of Cambodia (NBC) issued on 03 January, the construction sector is projected to be one of the main economic drivers...
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PM says new construction law to help reduce building collapse
- 6 January 2020
Prime Minister Samdech Techo Hun Sen said the newly adopted construction law will help reduce building collapses caused by failure in construction standards and quality. The Prime Minister made the statement as he was speaking at a press conference on 05 January 2020 on the result of the rescue mission of the building collapse in Kep which killed and injured more than 50 people. (Read more) ...
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59 Dead and Injured in Kep Building Collapse
- 5 January 2020
After more a rescue mission lasting more than 43 hours, a total of 59 dead and injured were confirmed as a result of the building collapse in Kep, according to a press conference given by Cambodian Prime Minister Samdech Techo Hun Sen. According to Samdech Techo Hun Sen, the building collapse in Kep province on 03 January killed 36 people (14 women) and left 23 people injured (15 men and 8 wome...
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Six-storey building collapses in Kep province, killing 7 and injuring 25
- 4 January 2020
A six-storey building under construction in Kep province collapsed on 03 January, killing 7 people and injuring 25 others as rescue work continues. The building, located in Kep Village, Sangkat Kep, Kep City, Kep Province, collapsed at 4:15 pm on 03 January. According to a press release from Kep Provincial Hall, as of 04 January, the rescue team and local authorities are continuing searches ...
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Ministry of Interior to reform national level land management-related service
- 3 January 2020
The Ministry of Interior is committed to strengthening the quality of service providing information about land management, urban planning, and construction at the national level through a one-window service to give quality service provision to the people. The study plan was discussed in a meeting between H.E. Khoung Sreng, Phnom Penh Governor and an inter-ministry working group led by H.E. Prak...
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France Provides US$100 Million for Clean Water Treatment Plant Construction in Bakeng Phase II
- 31 December 2019
French government through the Agence Francaise de Developpement (AFD) has provided US$101 million in sovereign loan for Bakeng Clean Water Treatment Plant in Phase II which is capacity of producing 195,000 cubic meter per day. According to a press release issued on December 31 from Ministry of Economy and Finance, agreement of the sovereign loan was signed here on December 24 by H.E. Aun Pornmo...
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Two Footbridges Constructions in Phnom Penh Launched
- 31 December 2019
Phnom Penh City Hall started construction of two footbridges along the Mao Tse Tong Blvd to facilitate the pedestrians. Once the constructions finished, the footbridges in Phnom Penh will be 5. The groundbreaking ceremony of the footbridge constructions was held on December 28 under the presence of H.E. Khoung Sreng, Phnom Penh Governor. The footbridges constructions are in front of Phsar De...
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Royal Group announces US$300 million investment on Koh Rong Island
- 30 December 2019
The Royal Group, one of the largest investment companies in Cambodia, has announced a joint venture investment project with a Chinese investment company which worth 2 billion Chinese Yuan (approximately US$285 million) to build a five-star hotel and resort on Koh Rong Island in Preah Sihanouk province. The project was announced in a meeting with Chinese investors held on 28 December in Preah Si...
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Construction projects increase by 55% in 2019
- 26 December 2019
4,446 projects construction projects were approved in 2019, a 55% increase compared to 2018, while investment totalled US$9.3 billion, representing a year-on-year increase of 78%. The annual report from the Ministry of Land Management, Urban Planning, and Construction showed that construction projects nationwide were built over 18.5 million square metres, a 62% increase compared to 2018 when co...
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Government approves Aeon 3 project
- 26 December 2019
The Council for the Development of Cambodia (CDC) on 25 December approved the investment project for third Aeon mall which is to be located along Samdech Techo Hun Sen Boulevard, also known as the 60-metre wide road. The project is an investment by Aeon Mall (Cambodia) Co., Ltd using a capital of US$289.6 million and which will create about 47 jobs. According to the CDC, the project is in Pr...
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