Uncategorized
National Road No.58 Now 63% Complete
Development of National Road No 58 is now well underway in a project and expected to open to traffic in December 2018. The new road, which is being built to accelerate economic growth in the countryside near the border with Thailand, connects Banteay Meanchey on the Thai border to Otdar Meanchey directly to the east. Constructed by China-based Shanghai Construction Group Co., Ltd the project is...
Read MoreJapan to Fund Port Expansion
The Japan International Cooperation Agency (JICA) signed a loan agreement with the Cambodian government in August to expand Sihanoukville Port. Signed in Tokyo, the agreement provides a loan of USD216 million to double the capacity of the nation’s only deep-water port. Improvements to the port will include a new container terminal, access roadwork, dredging, cargo-handling equipment and consult...
Read MoreNew Siem Reap Airport to Take Off
Construction on Siem Reap’s new airport could take off in early 2018 after the government and the contractor finalised negotiations. The USD880 million deal with China’s state-run Yunnan Investment Holdings Ltd (YIHL) and gives YIHL an exclusive 55-year build, own, operate (BOO) concession on the new facility. This new agreement replaces the exclusive 45-year contract with Cambodia Airports in ...
Read MoreTwin Towers Delayed Again
Construction on the Thai Boon Roong Twin Trade Center has been delayed again as technical plans are finalised for the building. Set to be the tallest building in Southeast Asia when completed, ground-breaking on the project has now been delayed twice; from September 2016, to July 2017 and now to an as yet unannounced 2018. While assurances remain on the capital backing for the 4.97 hectare, ...
Read MoreCambodia Faces Cement Shortage
With Cambodia’s construction sector continuing to show record levels of growth, domestic production of cement is falling short of demand, leading some developers to seek supplies overseas. Despite several domestic cement factories coming online in recent years, their production is not enough to satisfy current requirements according to industry experts. Charles Vann, head of the Cambodia Con...
Read MoreSkytrain to Ease Capital Congestion
To ease the capital’s chronic traffic congestion, especially at rush hours, plans are advancing to construct an elevated electric skytrain to link the city to Phnom Penh International Airport (PPIA). The bold vision would not only provide a congestion solution for the capital but also spur economic growth along the route. During a three-day visit to Japan in June, Prime Minister Hun Sen asked h...
Read MoreBoosting the Country’s Development
With one building after another emerging from the ground, it is clear that Cambodia’s urban landscape is undergoing rapid changes with projects such as offices, condos apartments, and shopping malls. Total investment in construction projects more than doubled to USD 8.5 billion in 2016 compared to the previous year, according to the Ministry of Land Management, Urban Planning and Construction. ...
Read More300 Firms to Attend Cambuild’17 Expo
The up-coming Cambuild’17 expo and Cambodia Architects Forum will open next week for two days from 7 to 9 September, 2017 at the Diamond Island Convention & Exhibition Center (Koh Pich), Phnom Penh. Hosted for the seventh consecutive year in Cambodia, the show is organised by AMB Tarsus Events Group in collaboration with the Ministry of Land Management Urban Planning and Construction (MLMUPC),...
Read MoreBoosting the Country’s Development
Having workers in mind at construction sites : One building after another emerges from the grounds. It is obvious that many projects to develop Cambodia’s urban landscape is undergoing rapid changes – such as building offices, apartments, and shopping malls. The total investment in construction projects more than doubled to USD 8.5 billion in 2016 compared to the previous year, according to the La...
Read More