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ខ្មែរ Uncategorized
Booming Construction Sectors Attracts More Than Us$5 Billion in FDI
- 18 October 2018
Over the last 10 years, the construction sector has grown rapidly and attracted billions of foreign investment while creating tens of thousands of jobs. In fact, during an 18-year period (2000-2018), the Ministry of Land Management Urban Planning and Construction (MLMUPC) has granted construction permits to foreign investors worth US$5.4 billion over a total construction area of more than 15 mi...
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Blood-bricks: Booming Construction in Cambodia Built on Modern Day Slavery
- 17 October 2018
Photo by Royal Holloway The booming construction industry in Cambodia has been built on modern slavery with climate change being the key driver for the workforce, according to research by Royal Holloway, University of London published on 16 October, 2018. Entitled"BLOOD BRICKS: Untold Stories of Modern Slavery and Climate Change from Cambodia", the report shows that“tens of thousands of debt...
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Prince Begins Construction of Major Project in Sihanoukville
- 16 October 2018
Sample photo Construction officially began over the weekend on a major development project in Sihanoukville Province by Prince Real Estate Group. According to a post on Prince’s Facebook’s page construction began on the 16.3-hectare Prince City Center development project. The project, which covers a total construction area of 700,000 square metres is approximately 800 metres from t...
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MLMUPC Builds Support for Construction Safety Handbook
- 12 October 2018
Photo by Vice The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has called all relevant stakeholders in the construction sector to jointly promote work safety in the construction sector. Earlier this month, Mr Chiv SivPheng, Director of the Ministry of Land Management's Construction Technical Research Department, called on all relevant stakeholders to provide assistan...
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Chip Mong’s New Plant Focusing on Southern Phnom Penh Development
- 11 October 2018
A newly-built Chip Mong Industries concrete factory in Cheung Ek is set to capitalize on the rapid development in the southern part of Phnom Penh. Speaking with Construction&Property Magazine on 11 October, 2018, a representative from Chip Mong Industries said that the new concrete factory was built as the company saw sales momentum and the development of a modern construction sector in the...
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Ministry of Environment to Organise Green Housing Competition
- 5 October 2018
The Ministry of Environment is to organise a competition on designing sustainable housing. According to a post on the Ministry of Environment Facebook page on 3 October, 2018, H.E Say Samal said that “the ministry will consider organising a competition among boreys and to encourage to those who care about and love the environment”. The statement was made during a meeting with owners of boreys ...
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Authorities call Preah Sihanouk construction site owners to public meeting on safety
- 4 October 2018
The Ministry of Land Management Urban Planning and Construction (MLMUPC) in collaboration with the Preah Sihanouk Provincial Administration have held a public meeting on construction safety and quality with around 195 construction site owners attending, according to the Preah Sihanouk Provincial Administration. During the 4 December meeting, H.E Lao Tip Seiha, Secretary of State of the MLMUPC i...
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Kampot Infrastructure Investment Fund Plans Feasibility Questioned
- 4 October 2018
Sample photo by Wikipedia The feasibility of plans by the governor of Kampot to construct a high-speed rail link to Phnom Penh, have been questioned by an expert from the Ministry of Public Works and Transport (MPWT). On 4 October, 2018, MPWT spokesperson H.E Vasim Sorya told Construction&Property Magazine that “construction of high-speed railways costs on average between US$7-US$8 milli...
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IMF Cautions Cambodia on Credit in Real Estate Sector
- 3 October 2018
Cambodia needs to be more cautious about credit in the real estate sector, according to the end-of-mission press releases issued by the International Monetary Fund (IMF) on 2 October, 2018 regarding the preliminary findings of the “2018 Article IV consultation”. The preliminary findings (not the views of the IMF’s Executive Board) of the 23-day mission 19 (September to 2 October, 2018), show th...
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Luxury Six Senses Krabey Island resort to welcome guests from December
- 2 October 2018
Photo by Pixabay Hotels.com With Sihanoukville in need of more luxury accommodation, some exclusive new development projects are now coming online. One example is Six Senses Krabey Island, a member of Six Senses Hotels Resorts Spas, which is set to accept room reservations from December 1, 2018. Located in the heart of tropical island Krabey, a 30-minute ride from Sihanoukville International...
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