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Prince Central Plaza 70 percent sold ahead of May completion
Prince Central Plaza, a 37-storey mixed used development has seen 70 percent of units sold prior to its planned completion in May. Owned by Prince Real Estate Group, the project is located on the southern end of Norodom Boulevard and is on schedule for handover to tenants with 80 percent of construction complete. The proximity to landmarks such as Independence Monument, Aeon Mall, and many e...
Read MoreMortar Spraying Machine: New Trend in Construction Sector
In response to the fast growing pace of the construction sector in Cambodia, CBMS Trading Co., Ltd. has recently introduced a new technology onto the local market called the Mortar Spraying Machine which is designed to make the task of wall plastering task simpler and easier. The Mortar Spraying Machine is a concrete spraying device that provides a great solution for construction sites since it...
Read MoreBattambang-koh Kong Route Under Feasibility Study
The Ministry of Public Works and Transport (MPWT) is currently undertaking a feasibility study on the mega infrastructure project to connect Battambang province to Cambodia’s deep sea port. This new route will connect Battambang province to Koh Kong province, and continue to Sihanuokville. “At this stage, our team is planning to go on field to study the possibility and other detail before we...
Read MoreAnother Mall to Rise in Phnom Penh
In response to modern lifestyle demand of local consumers, another new shopping centre dubbed Midtown Community Mall will rise in the Teuk Thla area by the end of year. Located on Street 2004, the Midtown mall has just started construction under developer and landlord Kao Cheng International Co., Ltd, according to CBRE. The project is currently at the stage of setting the pillars and is constru...
Read MoreCambodia Urges Private Sector to Invest in Pp-bavet Expressway
Minister of Public Works and Transport H.E. Sun Chanthol has urged the private sector to invest in the USD3.8 billion Phnom Penh-Bavet expressway project following the completion of the feasibility after study. “The Japan International Cooperation Agency (JICA) has already finished their study on this. However, at this stage, the government of Cambodia has yet to secure any funding for this pro...
Read MoreSerei Saophoan – Poipet Rail Line Completed
The construction of the railway line connecting Serei Saophoan to the Thai-border town of Poipet has been fully completed with plans to put it into service for the first time in April. This new route not only connects the two cities in Banteay Meanchey Province, but will also connect Poipet to Bangkok on the Thai rail network, helping to ease connectivity between the two counties. At this stage...
Read MoreNational Road No. 3 Expansion to Start in April
Photo:Ministry of Public Works and Transport - MPWT Work on expanding National Road No. 3 to a 4-lane highway to ease access to Kampot province will start construction this April thanks to a USD215 million concessional loan from China. The project is divided into two parts, Chom Chao-Bek Koos junction and Bek Koos junction-Kampot. From Chom Chao to Bek Koos junction, the road will be expande...
Read MoreNew Olympia City Pedestrian Bridge Rising
The new footbridge across Neang Kong Hing roundabout providing access to Olympia City is now 50 percent complete and is expected to be completed by April according to Phnom Penh City Municipality. Construction has been progressing on schedule and at this stage, six pillars have been installed. The next task will be the upper work, connecting each section to each other. This new bridge will also...
Read MoreThe Benefits of Using Fidic Contracts for Complex Construction Projects in Cambodia
In the last five years, there has been significant growth in the real estate and construction industry in Cambodia with the development of many high-rise buildings and real estate complexes, including condominiums, offices, hotels and commercial centers. This year is no different with 1,523 projects approved according to the Ministry of Land Management, Urban Planning and Construction between 01 J...
Read MoreFifth of 62-storey Twin Tower Sold Before Construction Starts
The 62-storey twin tower Royal One project by The Royal Group is scheduled to start construction this April, yet about 20 percent of the units have already been sold, according to a sales representative. Located on Monivong Boulevard, close to Central Market and Canadia Tower, the Royal One will be built on about 4,000 square metres of land and stands 230 meters tall. Featuring condominiums and...
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