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ខ្មែរ Uncategorized
Public ministry studies location for Kratie-Kampong Thom bridge
- 26 July 2019
The Ministry of Public Works and Transport (MPWT) conducted a study tour on 23 July to determine the location for the bridge construction project linking Kratie and Kampong Thom provinces, which the ministry believes will significantly contribute to the transportation sector in Cambodia. Speaking in an interview on the sidelines during the National Road No.7 inspection in Steung Treng province,...
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US$4 Billion NAGA3 Set for Construction in September
- 25 July 2019
Hong Kong-listed NagaCorp Ltd has announced that construction on its third project on the White Building land of Phnom Penh will start in September 2019 while claiming that the project will attract more urban investment into the city. Speaking in an interview with Bloomberg TV on 23 July, Mr Timothy McNally, chairman of NagaCorp Ltd said that construction of the Naga 3 integrated entertainment ...
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Sand from Cambodia contributing to Singapore land growth
- 25 July 2019
A UN report has detailed how rising global demand for sand and gravel is having a negative impact on developing economies with Singapore in particular singled out for its aggregate appetite. With global demand tripling in the last 20 years and now at 50 billion tonnes per year and predicted to rise by 5.5% a year, the UN report details the environmental degradation caused by the sustained extra...
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Environment ministry gives green light to Cambodia Cement Chakrey Ting Factory in Kampot
- 24 July 2019
The Ministry of Environment (MoE) gave the green light on the Environmental and Social Impact Assessment (ESIA) on 23 July for the Cambodia Cement Chakrey Ting Factory in Kampot. Cambodia Cement Chakrey Ting Factory was initiated in 2014 with a US$100 million investment in Phnom Teach Village, Kandal Commune, Teuk Chhou District, Kampot Province covering an area of 32 hectares. The plant has th...
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The future of infrastructure developments and the construction industry in Cambodia
- 23 July 2019
In the past decade, Cambodia has launched ambitious infrastructure developments toward building much needed airports, bridges, dams, roads and seaports. However, Cambodia still ranks 112 out of 137 nations in terms of infrastructure ranking, lagging behind most of its Southeast Asian neighbours according to the World Economic Forum’s latest Global Competitiveness Report. It revealed that inadequat...
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Lumiere Residence set new property landmark in Phnom Penh
- 22 July 2019
Following the success of Lumiere Hotel, Singapore-based Lumiere Hospitality (LH) opened its second project in Phnom Penh on 21 July which will set another hospitality landmark for the city. Known as the Lumiere Residence, this 25-storey building comprises of luxury hotel rooms and apartments which are elegantly designed and laid out, equipped with a rich variety of in-room amenities. Located...
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Construction complete for National Road No.55
- 22 July 2019
Following 42 months of construction, National Road No.55 connecting National Road No.5 to the border of Trat Province, Thailand, has been completed, according to the Ministry of Public Works and Transport (MPWT) on 22 July 2019. Constructed by China Road and Bridge Corporation (CRBC), this 180-kilometre long, 9 metre wide road links National Road 5 (from section 191+150) to the Thai-Cambodian b...
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Conglomerate Chip Mong Group plans more than US$300 million for retail investment
- 20 July 2019
Chip Mong Retail, a subsidiary of conglomerate Chip Mong Group is planning to invest more than US$300 million in the retail sector to capitalize on this rapidly growing market as announced at their 19 July gala dinner at the Sofitel Phnom Penh Phokeethra. Utilising over US$300 million of long-term investment in addition to holding desirable locations for its projects across Phnom Penh, the comp...
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IKO Sales International: a Solid Choice
- 19 July 2019
How do you see construction sector in Cambodia? I see a very positive evolution in the construction sector in Cambodia with business development opportunities for IKO. A lot of construction projects are built and planned for development in Phnom Penh; including both residential commercial buildings. For residential roofing, one can see that metal is preferred, because it is a lightweight mat...
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Developers Encouraged to Plan for Green Space
- 18 July 2019
The Ministry of Land Management, Urban Planning and Construction and the Ministry of Environment have called for project owners and developers of residential building projects to consider the principle of establishing green spaces in projects to create quality of life for the residents. H.E. Binn Sambatharath, Under-Secretary of States at the Ministry of Land Management, Urban Planning and Cons...
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