News

Cambodia finds new target for real estate: Chinese investors

Across this traditionally low-rise Cambodian capital, a building boom is becoming more noticeable as it pushes higher into the sky, and its largest projects are often geared towards Chinese investors, who have only recently taken interest in the nation’s real estate market.​ ...

Chris Horton
https://www.nytimes.com/2018/01/09/business/cambodia-real-estate.html

Japanese chain to open hotel in 2015

Budget business hotel group Toyoko Inn hope to draw East Asian businesspeople and travellers to Phnom Penh The Toyoko Inn, which is a joint venture between the Overseas Cambodia Investment Corporation (OCIC) and a Japanese budget, business hotel chain, is slated to open in May 2015. ...

Siv Meng
http://www.phnompenhpost.com/post-weekend/japanese-chain-open-hotel-2015

Construction, sales of Casa Meridian to get under way this weekend

The Hong Kong-invested Casa Meridian project plans to launch sales and start construction at the end of this month. Casa Meridian is a skyscraper condominium development on Diamond Island (Koh Pich), which developers there hope will become a modern commercial and residential area of Phnom Penh ...

Siv Meng
http://www.phnompenhpost.com/real-estate/construction-sales-casa-meridian-get-under-way-weekend

Chroy Changvar Satellite City groundwork nears completion

The pumping of sand and filling in of lakes and marshy areas prone to flooding, with the eventual aim of creating the Chroy Changvar Satellite City, will be completed in the fourth quarter, according to Overseas Cambodian Investment Company (OCIC) sources associated with the development. Meanwhile, ...

Siv Meng
http://www.phnompenhpost.com/real-estate/chroy-changvar-satellite-city-groundwork-nears-completion

Diamond Island complex reveals towering ambitions

Construction of the luxury Diamond Island Riviera residential project on Koh Pich is under way after a groundbreaking ceremony last month. The Western-themed, all-modern residential project – a $700 million joint-venture between the Overseas Chinese Investment Company (OCIC) and Chinese Jixiang Investment – is just one ...

Siv Meng
http://www.phnompenhpost.com/real-estate/diamond-island-complex-reveals-towering-ambitions

Koh Pich: diamond in the rough slowly comes together

Since being designated for development by the municipal government in 2006, Koh Pich has been abuzz with activity. Now covered in the widest, least-congested roads in central Phnom Penh, this island is filling up quickly with residential, retail and hospitality projects aimed at affluent locals ...

Chris Horton
http://www.phnompenhpost.com/real-estate/koh-pich-diamond-rough-slowly-comes-together

Tonle Bassac: Primed for the future

Tonle Bassac is located on the western shore of the Bassac River, from which it takes its name (Tonle is Khmer for ‘river’). Contained by the river to the east, Sihanouk Boulevard to the north and Norodom Boulevard to the west, Tonle Bassac hooks westward ...

David Murphy
http://www.phnompenhpost.com/real-estate/tonle-bassac-primed-future

Butterly bridge to fly over to Island

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 ...

Siv Meng
http://www.phnompenhpost.com/real-estate/butterly-bridge-fly-over-island

A man’s world

Straining under the weight of bricks, buckets and metal bars, a faceless army carry their loads from trucks to a massive building site on Penh Penh’s Diamond Island. Hidden beneath wide-brimmed hats and kramas masking their faces from dust and the sun, the battalion of ...

Frédéric Janssens
http://sea-globe.com/female-construction-workers-cambodia/

Cambodia organizes int'l industrial machinery, garment exhibition

The 3rd international industrial machinery and garment fair kicked off at Cambodian capital’s Diamond Island Exhibition Center on Thursday with the participation of about 240 exhibitors from 16 countries and regions. A variety of industrial machinery for the production of textile and garment, footwear, plastics ...

http://news.xinhuanet.com/english/business/2013-08/08/c_132613974.htm

Koh Pich Awash With Development, but Don’t Ask for Details

Business is booming on Koh Pich. Since development began in 2006—and about 300 families were pushed off what was then farmland—the island has slowly grown into the symbol of commercial modernity in Phnom Penh. The developer, Overseas Cam­bodia Investment Corp., is also extending the island by ...

http://www.cambodiadaily.com/news/koh-pich-awash-with-development-but-dont-ask-for-details-36411/

Building exhibition scheduled for Sept

The third edition of CAMBUILD, one of the country’s biggest international building and construction conferences, is scheduled for September 10-12 on Koh Pich. Three hundred participants are expected to exhibit at the event. ...

http://www.phnompenhpost.com/business/building-exhibition-scheduled-sept

Gem event promises to sparkle

Officials are predicting an increase in visitors and a glitzy showcase when the 5th Cambodia Gems and Jewelry Fair opens this Thursday in Phnom Penh. Set in the Diamond Island Convention and Exhibition Centre, the four-day event is drawing buyers and traders to Phnom Penh amid ...

http://www.phnompenhpost.com/2013061066161/Business/gem-event-promises-to-sparkle.html

Private residential property in Cambodia attracting foreign investors

Private residential property in Cambodia is being seen by some investors as relatively cheap, with potential for attractive returns. Industry players believe these factors are the main draw for foreign buyers, looking to grow their money in Cambodia. Keuk Narin, vice president of Asia Real Estate Cambodia ...

http://www.channelnewsasia.com/stories/marketnews/view/1253968/1/.html

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