Industries

Construction

PP-Poipet high-speed train will cost $4b

Construction of the Phnom Penh-Poipet high-speed railway will cost more than $4 billion and take about four years to complete. ...

Mao Sreypich
https://kiripost.com/stories/cambodia-pp-poipet-high-speed-train-will-cost-4b

Work on Cambodian capital new airport expected to finish in 2024

The construction work on a Chinese-built new Phnom Penh international airport, formally known as the Techo International Airport, is expected to be completed in 2024, a spokesman said on Sunday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501220244/work-on-cambodian-capital-new-airport-expected-to-finish-in-2024/

Work starts on 108-meter-tall Buddha statue in Cambodia

Cambodia on Wednesday started to construct a 108-meter-tall Buddha statue on the top of Bokor Mountain here in the country’s southwestern coastal province. ...

Khmer Times Staff
https://www.khmertimeskh.com/501214456/work-starts-on-108-meter-tall-buddha-statue-in-cambodia/

2,534 high-rise buildings completed by 2022

According to a study issued on December 27, the Ministry of Management stated that from 2000 until November this year, 2,534 high-rise structures were constructed, including 1,674 in Phnom Penh, 685 in Sihanoukville, 131 in Banteay Meanchey, and 43 in other places. Among the high-rise buildings, ...

Mao Sreypich
https://kiripost.com/stories/2534-high-rise-buildings-completed-by-2022

Condo oversupply persists amid low FDI and foreign buyers

Total foreign direct investment (FDI) to the real estate sector peaked at $3.6 billion in the years preceding Covid-19, where half of the approved investments was backed by Chinese investors. In 2019 alone, FDI financing in the property and real estate development in Cambodia stood around ...

Sangeetha Amarthalingam
https://kiripost.com/stories/condo-oversupply-persists-amid-low-fdi-and-foreign-buyers

China funds construction of 30 roads in Cambodia

Prime Minister Hun Sen has spoken highly of the key contribution of China to the connectivity in Cambodia by financing the construction of 30 roads across the country. ...

Khmer Times Staff
https://www.khmertimeskh.com/501209416/china-funds-construction-of-30-roads-in-cambodia/

Japan provides $186,856 for constructing bridge and rehabilitating irrigation facilities

The Government of Japan will provide $186,856 to support the construction of a bridge in Kampong Speu province and the rehabilitation of irrigation facilities in Kampong Cham province, under the framework, the Grant Assistance for Grassroots Human Security Project (“KUSANONE” Grant). ...

Khmer Times Staff
https://www.khmertimeskh.com/501197225/japan-provides-186856-for-constructing-bridge-and-rehabilitating-irrigation-facilities/

Unfinished P Sihanouk building team formed

The government on October 12 set up an inter-institutional commission tasked with resolving the issue of unfinished buildings in Preah Sihanouk province, most of which are owned by Chinese investors. This is according to a Council of Ministers letter issued on the same date addressed to ...

May Kunmakara
https://www.phnompenhpost.com/business/unfinished-p-sihanouk-building-team-formed

FDI in Cambodia’s construction sector touches $334M

Cambodia continued to receive substantial Foreign Direct Investment in the construction sector in 2021, despite the economic slowdown in the wake of Covid-19, showed the Asean Investment Report 2022. ...

Manoj Mathew
https://www.khmertimeskh.com/501174759/fdi-in-cambodias-construction-sector-touches-334m/

Cambodia, China boost construction of Siem Reap-Angkor International Airport

A group of Chinese experts from the Angkor International Airport Investment (AIAI) Company are in Cambodia to complete the construction and discuss the transfer plan, as the project is scheduled to be completed in March 2023. ...

Sok Sithika
https://www.khmertimeskh.com/501160323/cambodia-china-boost-construction-of-siem-reap-angkor-international-airport/

Ministry boosts building inspections to improve safety

With Phnom Pehn’s skyline inching ever higher, the Ministry of Land Management Urban Planning and Construction has enhanced building inspections to improve the quality and safety of structures, as construction flaws or poor inspection of high-rises puts the public at risk. ...

Torn Vibol
https://www.khmertimeskh.com/501147608/ministry-boosts-building-inspections-to-improve-safety/

Construction sector totaled $5.3b in 2021

Construction investment in Cambodia totaled $5.3 billion in 2021, mainly from China, South Korea, and Japan, according to the Ministry of Land Management, Urban Planning and Construction. The ministry also revealed a total of 4,303 construction projects were approved by the government in 2021. ...

Seng Mengheng
https://kiripost.com/stories/construction-sector-totaled-53b-in-2021

$1.5b real estate project launches in Phnom Penh

Hong Kong-based Sunwah Group has launched a $1.5 billion real estate project in Phnom Penh, saying it will represent a new symbol of Cambodia’s high-quality life. ...

Penh Chamroeun
https://kiripost.com/stories/15b-real-estate-project-launches-in-phnom-penh

China launches $44.4b real estate fund

Cambodian analysts weighed in on China’s $44.4 billion real estate fund, banking on hopes that the program can raise funds to bankroll the purchase of unfinished buildings and complete their construction. ...

Penh Chamroeun
https://kiripost.com/stories/china-launches-444b-real-estate-fund

Second restoration phase of ancient hall at Reach Bo Pagoda kicks off

The Reach Bo pagoda’s ancient hall has received the second restoration phase under technical assistance and financial support from the APSARA National Authority. ...

Khmer Times Staff
https://www.khmertimeskh.com/501116178/second-restoration-phase-of-ancient-hall-at-reach-bo-pagoda-kicks-off/

Work starts on house for preserving Vietnamese martyrs’ remains in Cambodia

Construction of a house for preserving remains of Vietnamese volunteer soldiers who had laid down their lives during wartime in Cambodia started in the Cambodian province of Battambang on July 13. ...

Khmer Times Staff
https://www.khmertimeskh.com/501113218/work-starts-on-house-for-preserving-vietnamese-martyrs-remains-in-cambodia/

1,000 unfinished constructions show aftermath of a ‘boom’

Aing Bunath acknowledges that local residents were getting a little greedy during Sihanoukville’s online gambling boom in recent years. ...

Mech Dara
https://vodenglish.news/1000-unfinished-constructions-show-aftermath-of-a-boom/

Restoration project of Central Terrace of Angkor Wat’s Causeway about 75 percent complete

The restoration project of a central terrace of Angkor Wat’s causeway, under the cooperation between the APSARA National Authority and Japan’s Sofia University, is now about 75 percent complete, said the APSARA National Authority in a news release this morning. ...

Construction project proposal approvals drop by 6.1 pct in Q1

As of the first quarter of 2022, the approval of construction project proposals decreased by 6.1 percent compared to the same period in 2021, according to economic and financial reports. ...

Khmer Times Staff
https://www.khmertimeskh.com/501103344/construction-project-proposal-approvals-drop-by-6-1-pct-in-q1/

Second phase of Ta Ong bridge restoration completed

The restoration team of the APSARA National Authority has successfully completed the second phase of the Ta Ong Bridge restoration project despite some obstacles during the three months (March to June 2022) of work, said the authority in a news release this afternoon. ...

Khmer Times Staff
https://www.khmertimeskh.com/501098091/second-phase-of-ta-ong-bridge-restoration-completed/

Three-phase port terminal construction project to boost Cambodia’s maritime transport sector

The three-phase construction of new port terminal at the Sihanoukville Autonomous Port will boost Cambodia’s maritime transport sector, with the first phase set to begin by the end of 2022. ...

Khmer Times Staff
https://www.khmertimeskh.com/501090858/three-phase-port-terminal-construction-project-to-boost-cambodias-maritime-transport-sector/

Phnom Penh attracts 1,000 construction projects worth over $2.26 billion

Phnom Penh has so far attracted around 1,000 new investment projects covering a construction area of 4.63 million square metres, with an investment capital of over U$2.26 billion. ...

Khmer Times Staff
https://www.khmertimeskh.com/501090915/phnom-penh-attracts-1000-construction-projects-worth-over-2-26-billion/

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