Markets

The value of construction projects approved by the government during the first nine months of the year reached $1.83 billion, an 83.61 percent increase compared to the same period in 2011, according to data released yesterday by the Ministry of Land Management. Tith Khemra, director of ...

AEON Mall, a Japan’s single-largest shopping mall developer and the largest retailing operator, will invest $200 million to build a four-storey shopping mall here in December, Cambodian Prime Minister Hun Sen said Tuesday. The construction will be begun on December 10, 2012 on the land area ...

More than 24,000 Cambodians visited Malaysia during the first half of 2012, while Malaysian arrivals to Cambodia numbered 54,000, an increase of 11.1 per cent compared with the same period in 2011.   Ambassador Hussein’s remarks came during the the first three-day Malaysia Travel and Shopping ...

Japanese developer Aeon Mall (Cambodia) Co. Ltd. will break ground on a 68,400 square meter high-end shopping mall in Phnom Penh in November, the firm said yesterday. Speaking during an introductory workshop for potential tenants, Kuniaki Minohara, general manager of Aeon’s leasing department, said the mall ...

Kep province – On a sunny weekday in Kep, a seaside village about halfway along Cambodia’s coast, the crab market was heaving. Women in straw hats and rubber boots stood knee deep in the surf shouting out prices, periodically darting into the sea to pull writhing ...

In one of Phnom Penh’s biggest land deals to date, Japanese shopping mall developer Aeon Mall Co Ltd has bought 6.7 hectares of prime real estate from South Korea’s GS Engineering & Construction, a firm that was once slated to build the tallest building in ...

Construction of a US$1.6 billion satellite city on Phnom Penh’s Chroy Changvar peninsula will begin this year after officials inked a contract yesterday with local firm Overseas Cambodia Investment Corporation (OCIC). Dubbed “City of the Future”, the project would include a national stadium, a 60-hectare park, ...

Government approval has been granted to the Overseas Cambodia Investment Corporation (OCIC) for the development of high-end condominiums, a hotel, shopping mall and more on the land surrounding the Olympic Stadium in Phnom Penh. OCIC is in the process of obtaining a 99 year lease ...