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US$2 Billion Phnom Penh-sihanouk Expressway Nearing Construction

Photo by ឯកឧត្ដមបណ្ឌិត ម៉ុង ឫទ្ធី H.E Oknha Mong Reththy Ground is soon to be broken on the US$2 billion Phnom Penh-Sihanoukville expressway. Work will begin soon after the installation of the concrete mix factory, and construction materials and machineries have been imported. Work on this first expressway in Cambodia has been planned for more than a year and is now looking to begin soon, ac...

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Italian V-STEEL congratulates its 2018 winner of the year

On Wednesday 23 December, 2018 Chip Mong Group, the exclusive importer of V-Steel, organised its last lucky draw event for 2018 to find the winner of the Ford Ranger, a Zoomer X motorcycle, and Iphone 8 Plus prizes. Full of excitement and happiness, Mr Chea Eang from Prey Veng, the lucky customer who won the Ford Ranger 2018, said during the V-STEEL lucky draw event, that “nowadays, he’s provid...

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Cambodian and Chinese Investors Team Up for Large Commercial City Project in Sihanoukville

Sihanoukville is preparing to welcome construction on a large commercial city, a joint venture between local developers and Chinese investors. The K99 Group recently broke ground on the 'Are de Triomphe' commercial project, with a capital investment of about US$70 million, jointly owned by the company and Chinese investors. The 'Are de Triomphe' development includes construction of 36 buildi...

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Jakarta Risks Being 25% Underwater by 2025

Research by an Indonesian university has shown that 25% of Indonesian capital Jakarta could be permanently flooded by 2025. The findings by the Bandung Institute of Technology indicate that Jakarta is considered the fastest sinking city in the world. Home to 13 million people, Jakarta has 13 rivers running through it and is situated on a huge swamp. Overdevelopment and a lack of proper plann...

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Cambodia to See Massive Infrastructure Investment From Chinese Firms

Chinese companies are to invest heavily in Cambodia infrastructure as a result of the recent meeting between Prime Minister Samdech Techo Hun Sen and Chinese investors in China. On 21 January, 2019, Samdech Techo Hun Sen's official Facebook page posted a five-minute video about the outcome of the meeting which saw three infrastructure firms express their interest in building massive infrastruct...

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Foundations Laid on Us$56 Million Mekong Bridge Crossing

Foundations have been laid on the US$56 million spanning the Mekong between Kampong Cham and TbongKhmum provinces, according to the Ministry of Public Works and Transport (MPWT). Work on the Cambodia-China Friendship Bridge of Stung Trang-KrouchChhmar, began in early February 2018, and the bridge foundations are now laid according to images posted by MPWT. Funded by a loan from the Chinese g...

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‘Amory 7makara’ Development Plots Officially Open for Sale

One of Cambodia largest property firms has officially announced the launch of sales for the ‘Amory 7Makara’ development project, according to their press release. Over the weekend, real estate firm Amory announced the opening of the sale of ‘Amory 7Makara’ located along 7 Makara Street, which connects National Highway No 6 to Oknha Ly Yong Phat and links to National Road 5. The ‘Amory 7Makar...

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LG TWIN WASH!

The new modern washing machine LG TwinWash uses the latest technology in the laundry industry. Today, we will showcase the features that make it deserve to be top of any customer’s list. 1. Brand New Ergonomic Design -LG TwinWash has a small size and is easy to store at home. The new design is easy to turn on/off, there is a visible mirror layer allowing us to see the inside of the machine. ...

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China Completes Construction of 88 High-rise Buildings in 2018

The popularity of high-rise construction in China's has reached new heights with more than 80 high-rise buildings completed within one year. According to a report on tall buildings released by the Council of Tall Buildings and Urban Habitat (CTBUH), China has recently taken the lead in skyscraper construction, with 88 high-rise buildings completed in 2018, more than anywhere else in the world. ...

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Cambodia-thailand Eye Trade Expansion on Air Conditioners

Sample photo by thenational.ae With two-way trade continuing to increase every year, Cambodia and Thailand businesses are looking to expand the air conditioner market as a result of a business matching platform held on 16 January, 2019. Aimed at boosting trade in air conditioners, as well as electrical and auto parts, the Thai Department of International Trade Promotion at the Ministry of Co...

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