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Lumiere Residence set new property landmark in Phnom Penh

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

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

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

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

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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Bokor city to be established

The government has decided to establish a new city, named Bokor city, situated in Preah Monivong Bokor National Park, to be developed as a tourist and historic city. According to a sub-decree signed by Samdech Techo Hun Sen, Prime Minister of Cambodia, dated 28 June 2019, the government aims to establish a new town called Bokor City. The city of Bokor is connected to the southern corridor of...

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Shanxi Wins Us$42 Million Bid for Siem Reap Angkor International Airport Expansion

China-based construction firm Shanxi Mechanization Construction Group has won a 290 million yuan (about $42.16 million) bid to construction two sections of Siem Reap Angkor International Airport project. As reported by the China Daily, Shanxi will construct a flight area and the auxiliary facilities of the flight area. This would also include the construction of the runway, earthworks, slopes, ...

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Bangkok Airways to Invest in Koh Kong Former Airport

Photo by Cambodia-hotels Thai-based airline Bangkok Airways is to invest in re-building the former Koh Kong airport in Khemarak Phoumin City soon after the government has given greenlight in the June meeting. Speaking with Construction & Property Magazine via phone call on 16 July, Mr Sok Sothy, spokesman and deputy governor of Koh Kong Province said that Bangkok Airways is currently ask...

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ARB Berhad to Provide US$100 Million in Iot and It Services for “The City Gate”

Photo by Electronic Design Malaysian-based information technology and software solutions firm ARB Berhad is to deploy Internet of Things (IoT) and information technology (IT) services to the ‘The City Gate’ commercial complex along the Tonle Sap river following an agreement with the project developer. ARBIOT Sdn Bhd, a subsidiary of ARB Berhad, signed a Memorandum of Understanding with China...

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140-megawatt Solar Power Projects Approved

The government has decided to allow more investment in renewable solar power in response to the increasing demand for energy consumption. At a cabinet meeting on Friday, four solar projects were approved, with a total of 140 megawatts. According to the Council of the Ministers, the four solar power approvals were for a 60-megawatt project in Battambang province, a 30-megawatt project in Purs...

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