News

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 ...

A section of road built beneath the ground and a renovated Kbal Thnal overpass may be on the way for the capital’s drivers, according to Phnom Penh Governor Pa Socheatevong, although other officials close to the projects say construction could start as early as next ...

Renderings of Casa Meridian, a new condominium complex, suggest that its wealthy buyers are investing in a glistening 414-unit skyscraper overlooking a placid, ocean-blue body of water surrounding Koh Pich island, which is sprouting a number of luxury towers developed by the Overseas Cambodian Investment ...

Nearly 100 residents from six communities within Phnom Penh’s Chroy Changvar district filed a petition to City Hall, the Canadian Embassy and the World Bank yesterday demanding intervention in a land dispute with the Overseas Cambodian Investment Corporation (OCIC), which is responsible for constructing a ...

Angry locals burned tires on the Chroy Changva peninsula Friday to protest the building of a road through their village, which is at the center of a land dispute with the Overseas Cambodian Investment Corporation (OCIC). ... ...

The governor of Phnom Penh’s Chroy Changva district Wednesday ordered the private firm heading a $3-billion real estate project on the peninsula to temporarily stop pumping sand onto land being contested by about 40 local families, but urged the families to reconsider the compensation on ...

Chroy Changva district security guards Thursday stopped villagers from preventing a private company from pumping sand onto the wetlands behind their homes. The Overseas Cambodian Investment Corporation (OCIC) is building a $3-billion real estate project, known as “Chroy Changva City, City of the Future,” on the ...

Villagers who claim a development project in Russey Keo district has already taken a bite out of their land said yesterday that they fear the plan will swallow the rest of their property, as they filed petitions and met with local authorities. Members of 80 families ...

The Overseas Cambodia Investment Corporation (OCIC) and Phnom Penh municipality are cooperating to undertake a study on major new projects for the city – two flyovers and a subway, each of which it is hoped would ease the city’s ever worsening traffic congestion. Touch Samnang, project ...

Phnom Penh’s third overpass, or flyover, bridge is now close to completion, some eight months ahead of schedule, and its planners say it will not only greatly improve traffic congestion in the southwest of the city but will also lead to price increases for property ...

Diamond Island may see another new concrete bridge, this time in the form of a butterfly. The proposed 100-metre long bridge from Phnom Penh to Diamond Island would be similar in height to the current Rainbow Bridge, Touch Samnang, a project manager of developer OCIC, said. No ...

Although house prices increased sharply in early 2013, they have remained stagnant following the national election last month. Kuy Vat, the President and CEO of VTrust Group, said housing prices in many projects remain unchanged, because most customers are waiting for the formation of the new ...

A 555-metre tower planned for Diamond Island is to go ahead, and expert engineers from China and Vietnam are studying the river bank and calculating the strength of the foundations needed to support the building. The building plan will not be changed and now the company ...

Even as bulldozers slowly pushed freshly dredged sand into the Tonle Bassac yesterday, expanding Phnom Penh’s Koh Pich, developers and officials could say little about the massive project slated to occupy the new space – a 555-metre tower that would be the tallest in Asia, ...