Construction

Over 40 new mining licences were issued during the first half of the year to satisfy the high demand for construction materials by Cambodian infrastructure and real estate projects, while more than 100 licences were revoked due to environmental concerns or inactivity, a government official ...

The Singaporean developer behind The Bay, a $500 million mixed-use real estate project on the capital’s Chroy Changvar peninsula, has announced it is putting the residential phase of the project on hold due to unfavourable market conditions – a move that could herald the first ...

Since the start of the year, department authorities at the Ministry of Interior have arrested more than 10,000 illegal workers, with the bulk of them being construction workers. However, industry experts and investors are split on the opinions that the arrest will impinge on the ...

Condos and boreys have been experiencing a decline in sales, prompting developers to go back to the drawing board when devising financing strategies in a bid to lure back potential buyers. Nget Piseth, director assistant of Borey Piphup Thmey, said recently that residential sales in his ...

As many tall buildings continue to pop up in Cambodia’s 500-year-old capital, ministries are continuing to place importance on preserving the cultural heritage of important historical sites and landmarks, ranging from ancient temples and monuments to pagodas and colonial buildings. ...

During the past five years the government approved close to $6.83 billion worth of investments in 1,183 construction projects, according to a senior official from the Ministry of Land Management, Urban Planning and Construction. ...

The latest report on the state of Phnom Penh’s property market makes bleak reading for investors and those betting on a lucrative future in the short-term. ...

Sun Chanthol, senior minister and minister of Public Works and Transport, met with the president of Dansan Consultants on Friday to talk about the lack of safety signs on a construction site on National Road 21 that allegedly caused two deaths in a traffic accident. ...

HLH Group, listed on the Singapore Exchange main board, on Thursday said it has awarded a construction project in Sihanoukville, Cambodia, to Yanjian Group (Cambodia) Co Ltd for about US$36.8 million. ...

Super Drilling Private Limited is pleased to officially announce that it has wrapped up its project for renovating and restoring drainage systems to protect the Ta Prohm temple ruins in Siem Reap, Cambodia. ...

A stunning rise in the value of construction projects approved by the government in the first half of the year could be a sign that developers have found a willing ally in the newly appointed minister of land management, who has pushed through hundreds of ...

The Cambodia Property Awards is back for a second year to reward the best developers, projects and designs in the Kingdom. Those impressive developments will be highlighted at the second annual Cambodia Property Awards 2017, the biggest and most exclusive awards program in the country that ...

The Royal Group’s $30-million luxury resort on Koh Rong island will not be completed on schedule as the company has faced numerous port development issues and, according to company management, a snarl of red tape. ...

Construction workers broke ground yesterday in Boeung Keng Kang I at the site of a $16 million dollar condominium project partially funded by Malaysia’s Chip Hock Realty and Development. This project gets off the ground as foreign investment in the Kingdom sees increased growth. ...

The construction sector in the Kingdom is booming with total investment skyrocketing to $832.2 million this month compared to $39.7 million last June, according to latest figures from the Ministry of Land Management, Urban Planning and Construction. ...

South Korea’s Hyundai Engineering won a $120 million deal from a Japanese retail giant Aeon Co. to build a shopping mall in the Kingdom of Cambodia, a deal that is expected to help the Korean engineering company that has been focusing on plant construction diversify ...

About 80 U.S. troops are in Cambodia for Pacific Angel 2016, an annual humanitarian-aid mission that runs through June 18. ...

The Sihanoukville Special Economic Zone (SSEZ) jointly operated by a China-based conglomerate and the Cambodia International Investment Development Group Co. Ltd reached a milestone yesterday with the 100th factory set up to operate in the economic and trade cooperation zone. ...

The highest hotel complex in Phnom Penh city will soon make its debut with ample parking space for all its guests and visitors. The complex, Ding Li Sunshine City, will be 37 stories high with four levels of underground parking, said its developer Ding Li ...

A decade ago, powerful businesswoman Suy Sophan promised to build 10 apartment blocks for residents of Phnom Penh’s Borei Keila neighborhood who faced eviction to make way for her real estate project. She only built eight, leaving hundreds of residents without a home.   ...

A group of companies from Taiwan are seeking joint ventures with partners in Cambodia, to export products and services to the Kingdom, amidst growing investor confidence that the Mekong country is developing in almost all sectors. ...

The property behemoth in Phnom Penh has attracted a top China-based developer, Country Garden Holdings Co. Ltd, which seems keen to invest in the building of a modern satellite city that can accommodate two million people in the Kingdom. Yang Guoqiang, Chairman of Country Garden ...

A draft construction law has been completed and will soon be submitted to the Council of Ministers and may be enacted by the end of the year, but there needs to be a discussion and more feedback before sending it to the government to be ...

Less than two months after Sihanoukville authorities evicted scores of vendors along O’Chheuteal Beach deemed to be an eyesore, a private developer has begun constructing a new “pub street” just 50 meters from the same shore. ...