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ខ្មែរ Uncategorized
More Skilled Cambodian Construction Workers Promised for Japan
- 2 February 2019
Cambodia and Japan agreed on more skilled construction workers working in Japan as a result of a 1 February 2019 meeting between the two parties. The Ministry of Labour and Vocational Training (MLVT) and the Japan Cambodia Interactive Association (JCIA) met to discuss labour cooperation, according to a Facebook post by the MLVT. JCIA Director Mr Fumio Yamada, said that there were more than 4...
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Luxury MekongView 6 residence set for 2019
- 1 February 2019
Luxury residence MekongView 6 is set for completion in 2019 adding more than 300 units to the market. Sitting in the heart of the increasingly popular Chroy Changva area, the 23-storey MekongView 6 residence is set for completion by July 2019, according to the developer’s sales representative. On 1 February 2019, the company sales representative told Construction & Property Magazine tha...
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Construction Deal for National Road No.5 Signed
- 29 January 2019
The Ministry of Public Works and Transport (MPWT) has signed a construction deal with three Japanese firm as part of the US$500 million loan project funded by the government of Japan. The deal between the MPWT and Ilsung-Cienco I Joint Venture, Obayashi Corporation, and Tekken-Ikee Joint Venture, is for the work on the rehabilitation of NR5, for which each firm is to have different package all ...
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Feasibility Study Underway for Phnom Penh-siem Reap Expressway
- 29 January 2019
Two companies are conducting feasibility studies for a Phnom Penh-Siem Reap Expressway, according to the Minister of Public Works and Transport (MPWT) on 28 January 2019. Speaking to reporters after signing a road construction agreement with Japanese firms, H.E Sun Chanthol, Senior Minister and Minister of MPWT, said that two companies are now studying the feasibility of building the expressway...
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Gdt to Build Us$60 Million Office in OCIC Development Zone
- 28 January 2019
The General Department of Taxation (GDT) has chosen the development zone of the Overseas Cambodian Investment Corporation (OCIC) as the location for the construction of its new office building. The announcement was made by OCIC Chaiman Neak Oknha Pung Kheav Se on 26 January 2019 as reported by local media FRESH NEWS. The new building will have a total height of 36 floors and will be built in...
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Topping Out of Gold Tower 42 to Boost Property Sector
- 28 January 2019
The property sector in Cambodia is to see a boost as a result of the topping out of the Gold Tower 42 project in the heart of Phnom Penh on 28 January 2019. The news of the structural completion of the Gold Tower 42 structure has been welcomed by real estate experts in Cambodia, and founder of Key Real Estate Mr Sorn Seap expressed his great pleasure. “The moment I heard about the structural...
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US$2 Billion Phnom Penh-sihanouk Expressway Nearing Construction
- 26 January 2019
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
- 25 January 2019
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
- 25 January 2019
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
- 25 January 2019
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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