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Joint venture to embark on SoHo twin-tower project

Singaporean investors will invest $300 million to erect a twin-towered commercial building called The Bridge, in downtown Phnom Penh. The Bridge, which is a joint venture between Singapore Oxley Holdings and Cambodia World Bridge Land, aims to make its mark on the city landscape by constructing ...

Sum Manet
http://www.phnompenhpost.com/real-estate/joint-venture-embark-soho-twin-tower-project

Work begins on mega resort

Construction began yesterday on the Sokha Hotel Group’s 600-room luxury resort in Siem Reap – right next door to Angkor Wat. Named the Sokha Siem Reap Resort, both company and government officials were out in force at yesterday’s groundbreaking ceremony, talking up the perks of the ...

Thik Kaliyann
http://www.phnompenhpost.com/business/work-begins-mega-resort

Former Boeng Kak activists protest at City Hall

About 50 residents evicted from Phnom Penh’s Boeng Kak neighborhood in 2008 and 2009 to make way for a senator’s real estate project once again protested in front of City Hall Monday to demand better compensation. They are among some 3,000 families who were forced ...

Mech Dara
http://www.cambodiadaily.com/news/former-boeng-kak-activists-protest-at-city-hall-57647/

No scheme in place for congestion near AEON

Despite expecting 27,000 visitors per day, little planning has gone into tackling traffic congestion at Cambodia’s long-awaited AEON Mall when it opens June 30, City Hall said yesterday. There are 1,400 vehicle parking spaces allotted at AEON and 1,600 bikes spaces accessed via both Sothearos ...

Chan Muyhong
http://www.phnompenhpost.com/business/no-scheme-place-congestion-near-aeon

AEON tenants target Cambodia’s middle class

An ice-skating rink, bowling alley, seven-screen cinema and a proverbial catwalk of high-end European and US labels will start vying for a slice of Cambodia’s rising middle class inside the soon-to-open AEON Mall, management with the firm overseeing it confirmed on Saturday. The Japanese-owned shopping centre’s ...

Hor Kimsay and Eddie Morton
http://www.phnompenhpost.com/business/aeon-tenants-target-cambodia%E2%80%99s-middle-class

Sihanouk statue waves down on Royal Palace

A familiar figure has popped up atop a building that authorities in Phnom Penh ordered demolished in October for violating height restrictions around the Royal Palace: a statue of late King Father Norodom Sihanouk. “I have built a King statue on the top of my building ...

Aun Pheap
http://www.cambodiadaily.com/news/sihanouk-statue-waves-down-on-royal-palace-56896/

Lack of funds delays railway

The China Railway Group’s planned $7.5 billion Cambodian north-south railway line has been delayed due to funding shortages, according to the company’s top official. Originally slated to begin construction last year, China Railway’s chairman, Li Changjin, told the South China Morning Post that work on the 400-kilometre railway ...

Daniel de Carteret
http://www.phnompenhpost.com/business/lack-funds-delays-railway

Latest property reports offer evidence of strong growth

In its latest Market View report, CBRE Cambodia Research concludes that Phnom Penh has well and truly put the fallout from the Global Financial Crisis – which saw many condominium developments in the city put on hold or even fail – behind it, and the ...

Post Staff
http://www.phnompenhpost.com/real-estate/latest-property-reports-offer-evidence-strong-growth

Phnom Penh makes top 5 of Knight Frank real estate index

Phnom Penh has earned one of the top spots in a new report tracking prices of residential and commercial real estate across the region. The Knight Frank Asia Pacific Prime Asia Development Land Index, which the global real estate consultancy has hailed as a market first, ...

Post Staff
http://www.phnompenhpost.com/real-estate/phnom-penh-makes-top-5-knight-frank-real-estate-index

GPS tracking system could be answer to city’s garbage problem

Keeping ahead of Phnom Penh’s mounting piles of garbage has proved tough for Cintri since it was awarded sole rights in 2002 to keep the city clean. But a new plan harnessing global satellite positioning and digital mapping is offering the company a high-tech helping ...

Khuon Narim and Simon Henderson
http://www.cambodiadaily.com/news/gps-tracking-system-could-be-answer-to-citys-garbage-problem-56286/

Cintri defends fee irregularities to Anti-Corruption Unit

The company responsible for collecting Phnom Penh’s trash has defended its erratic pricing structure in response to an inquiry from the Anti-Corruption Unit (ACU), which says that numerous complaints have been filed by small business owners. The ACU sent a letter to Cintri (Cambodia) Ltd. on ...

Khuon Narim
http://www.cambodiadaily.com/news/cintri-defends-fee-irregularities-to-anti-corruption-unit-56153/

City Hall to shepherd public bus operation

City Hall has taken over the recently launched public bus route in Phnom Penh pending a review of the Chinese-owned firm that is contracted to run the fledgling service, a company official said yesterday. Lim Andre, Global (Cambodia) Trade Development’s manager in Phnom Penh, said yesterday ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/city-hall-shepherd-public-bus-operation

Downtown residences for lease

Less than a year after all refurbishments were completed on Hongkong Land’s Central Mansions – formerly Colonial Mansions – the classic residential units in the heart of Phnom Penh’s burgeoning financial, government and office-rental district are enjoying occupancy rates of close to 100 per cent, ...

Post Staff
http://www.phnompenhpost.com/real-estate/downtown-residences-lease

Battambang moves to establish first Pub Street

To attract tourism and make Battambang province more appealing as a nightlife destination, provincial authorities are preparing to follow the way of Siem Reap and lay the groundwork for a Pub Street ahead of the Khmer New Year. The deputy governor of Battambang, Ngon Ratthanak, says ...

Siv Meng
http://www.phnompenhpost.com/real-estate/battambang-moves-establish-first-pub-street

Land dispute families turn down offer of new apartments

Three families involved in a bitter land dispute with a powerful land developer in Phnom Penh’s Tuol Kok district on Monday rejected City Hall’s offer of new housing, saying the apartments being offered were far too small. They also said they planned to file a complaint ...

Sek Odom
http://www.cambodiadaily.com/news/land-dispute-families-turn-down-offer-of-new-apartments-54868/

Housing rights activists protest slow justice

Housing rights activists from the Borei Keila and Boeng Kak communities protested in front of the Phnom Penh Municipal Court on Wednesday to urge authorities to speed up proceedings in an assault case they brought against Prampi Makara district authorities last month. ...

Mech Dara
http://www.cambodiadaily.com/news/housing-rights-activists-protest-slow-justice-54576/

Solar move at PPWSA to cut costs

The Phnom Penh Water Supply Authority (PPWSA) installed a solar power generation system last week in an effort to reduce electricity bills by about $200,000 a year. The solar power system, which was funded by the Japanese government, was installed at the PPWSA’s water treatment facility ...

Hor Kimsay
http://www.phnompenhpost.com/business/solar-move-ppwsa-cut-costs

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