News
Construction work progress continues amid illegal workers’ arrest
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 ...
Building work halted as workers face charges over accident
The Phnom Penh Municipal Court on Wednesday will charge six construction workers and a company manager in connection with a building site accident that killed a woman on Sunday, while work on the site has been suspended on government orders, officials said Tuesday. ...
Hay Pisey
http://www.cambodiadaily.com/news/building-work-halted-as-workers-face-charges-over-accident-71801/
Construction on triple-tower Times Centre to start in June
Work on a triple-skyscraper complex near Olympic Stadium announced in February is due to get under way in June this year and be completed in 2017, according to the project supervisor. With its slogan “The heart of Phnom Penh”, Times Centre is slated to feature three ...
Siv Meng
http://www.phnompenhpost.com/real-estate/construction-triple-tower-times-centre-start-june
Property prices stagnant following election
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 ...
Siv Meng
http://www.phnompenhpost.com/real-estate/property-prices-stagnant-following-election
Better Recovery for Construction and Real Estate Sector
2012 has been an impressive year for Cambodia’s economic resilience. Among the many sectors that had positively grown are the construction and property development [sic] and they are expected to be among the highest growth achievers in the current year as well. In 2012, the ...
