News
Olympia Plaza to rise on $60M investment
Local conglomerate Overseas Cambodia Investment Corporation (OCIC) will invest $60 million in the construction of Olympia Plaza, a seven-storey shopping mall being built inside the company’s mixed-use Olympia City project in central Phnom Penh, the company confirmed yesterday. ...
Cheng Sokhorng
http://www.phnompenhpost.com/business/olympia-plaza-rise-60m-investment
Fresh allegations of negligence for firm
A worker was seriously injured on Monday at a Phnom Penh construction site owned by the Overseas Cambodia Investment Corporation (OCIC), just four months after a falling pipe killed a passing motorist at another site owned by the politically connected developer, police said. ...
Pech Sotheary
http://www.phnompenhpost.com/fresh-allegations-negligence-firm
City stalls as Chroy Changva families demand intervention
About 50 people with claims to land being developed in Phnom Penh’s Chroy Changva peninsula protested in front of City Hall on Monday and delivered a petition on behalf of more than 100 families demanding intervention in their dispute with the Overseas Cambodia Investment Corporation ...
OCIC pitch ‘disappoints’ Chroy Changvar disputants
Residents on Phnom Penh’s Chroy Changvar peninsula embroiled in a land dispute with tycoon Pung Khieu Se’s Overseas Cambodia Investment Corporation were to submit a petition to City Hall today following a new compensation offer from the authorities last week. ...
Khouth Sophak Chakrya and Daniel Pye
http://phnompenhpost.com/national/ocic-pitch-%E2%80%98disappoints%E2%80%99-chroy-changvar-disputants
Eviction worry delays Phnom Penh mega project
The developer of Phnom Penh’s US$1.6 billion Chroy Chungva City project has said ground would not be broken this year, raising questions about the future of the satellite city. Overseas Cambodia Investment Corporation (OCIC) will delay the Chroy Chungva City project after what a local Chinese ...
