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ខ្មែរ Uncategorized
Chinese-funded Morodok Techo Stadium 50% Completed
- 13 May 2019
The sound of fireworks echoed across the new satellite city of Prek Tasek, Khan Russey Keo, Phnom Penh to celebrate the completion of the main structures of the mega Morodok Techo National Stadium, a building symbolising the strength of Cambodia-China relations. Stretching over 82,400 square metres of construction area, the Morodok Techo National Stadium was 50% completed on 12 May 2019, follow...
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Land Ministry Calls for More ‘cambodia Construction App’ Users to Promote Transparency
- 11 May 2019
With the rapidly increasing numbers of construction projects across the country, the Ministry of Land Management Urban Planning and Construction (MLMUPC) has called for more ‘Cambodia Construction’ users, the mobile application that has been developed to provide useful information for the sector. Speaking before more than 300 attendees at the recent Cambodia Property Awards, H.E Dr Pen Sophal, ...
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World Bank: China Slowdown, Cambodia Construction and Real Estate Prone to Risk
- 9 May 2019
Photo by General Department of Taxation 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. While projecting that Cambodia’s economy would grow at around 7% in 2019, the World Bank cautioned against Cambo...
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Study on Improving Railway Network Starts
- 9 May 2019
Photo by Ministry of Public Works and Transport 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. In a meeting with H.E Sun Chanthol, Minister of Public Works and Transports on 9 May in Phnom Penh, CRCC’s vice chairman Wa...
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Hoa Phat Group Exports More Than 45 Thousand Tons of Steel to Cambodia
- 8 May 2019
Vietnam-based steel manufacturer Hoa Phat Group reported an increase of more than 28% in sales of construction steel in the first three months of 2019 with Cambodia purchasing around 45,000 tons of the total sales, according to a press release by the company. By the end of April, Hoa Phat reported that it had sold around 700,000 tons of construction steel in the first three months of 2019, an i...
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Us$200 Million ‘one Central Tower’ Project Ground Breaks in Boeung Snor
- 7 May 2019
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. Situated in the heart of the Boeung Snor area, the ‘One Central Tower’ is a US$200 million multi-phase development project featuring commerc...
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Construction of Japan-funded Teacher Education College (TEC) Begins
- 7 May 2019
Photo by JICA Cambodia Office 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. Funded by the government of Japan, the TEC will see construction of an academic block, administration block, science and art lab, library, assembly hall, and provision...
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Kampot International Tourism Seaport Construction Completed by End of 2019
- 7 May 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. The plan is for the seaport to be complete in time for the 8th Sea Festival, the annual tourism event scheduled to be held in Kampot province in December this year. Soy Sinol, director of the Kampot Provincial Tourism Department, said the seaport...
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Land registration nationwide to be completed in 2021
- 6 May 2019
The Ministry of Land Management, Urban Planning and Construction has set 2021 as the deadline to complete land registration nationwide, including indigenous land registration, with 74% of total land parcels already registered. Around 5.2 million land parcels were registered nationwide, accounting for 74% of the total 7 million land parcels by April 2019, according to a press statement from the ...
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Ground Broken on Manila’s First Metro
- 4 May 2019
Photo by Wikipedia 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. The project is a key pillar of President Duterte’s “Build, build, build” infrastructure programmed, a plan to spend over US$150bn on road, rail and air schemes. Japan and China are co...
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