News

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/

OCIC razes last shacks, families move on

The last of 16 shacks that once clung to the edge of a mammoth development project in Phnom Penh’s Chroy Changva district were demolished by the Overseas Cambodia Investment Corporation (OCIC) on Monday. Seven families in Doeum Kor 2 village—where marshlands are quickly being pumped full ...

Sek Odom
http://www.cambodiadaily.com/news/ocic-razes-last-shacks-families-move-on-68073/

Cambodia builds 4th flyover in capital city

Cambodian Prime Minister Hun Sen on Tuesday broke ground for the construction of a 14-million-U. S. dollar flyover, which will be the fourth overpass in Phnom Penh. ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140909/cambodia-builds-4th-flyover-capital-city

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

City’s third overpass shoots for ahead-of-schedule completion

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 ...

Post Staff
http://www.phnompenhpost.com/real-estate/city%E2%80%99s-third-overpass-shoots-ahead-schedule-completion

Little Paris comes to Koh Pich

Construction on a four-year, $150 million commercial and residential development that will transform 70,000 square metres of land on Koh Pich into Parisian-style apartments with a replica of the Arc de Triomphe at the centre is reportedly scheduled to commence in the coming months. The Élysée, ...

Eddie Morton
http://www.phnompenhpost.com/business/little-paris-comes-koh-pich

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

Agreement to boost construction sector

An agreement was signed between Cambodia’s Constructors Association (CCA) and the Ministry of Land Management, Urban Planning and Construction two days ago, to tighten enforcement on construction companies here in making them meet industry standards. The ministry’s head, Im Chhun Lim, said that Cambodia’s construction and ...

http://www.phnompenhpost.com/2013060366007/Business/agreement-to-boost-construction-sector.html

As Phnom Penh Grows, So Does Its Sewage Problem

Since 1998, Phnom Penh’s population has doubled to more than 2 million. High-rise buildings have popped up in the city’s center and housing developments have been hastily erected. Yet the city’s antiquated, decades-old drainage system has undergone little improvement in that time and experts say the ...

http://www.cambodiadaily.com

High-output rice seed factory set to be built

Cambodia firm Overseas Cambodia Investment Corporation yesterday signed a Memorandum of Understanding with a Singapore-based company to develop a high-output rice seed factory in the Kingdom. The cooperation between major investment firm OCIC and agriculture research company Smah Prum Royal International Pte Ltd is set to ...

http://www.phnompenhpost.com/index.php/2011101852175/Business/high-output-rice-seed-factory-set-to-be-built.html

Satellite city deal worth $1.6bn inked in capital

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, ...

http://www.phnompenhpost.com/index.php/2011091351607/Business/satellite-city-deal-worth-16bn-inked-in-capital.html

Construction material imports on the increase

A return to work on larger construction projects in Cambodia is leading to an increase in the impartation of construction materials, experts said yesterday. Cambodia’s construction materials are generally imported from China, Vietnam and Thailand, and also as far afield as Europe, said Khuon Savuth, Statistics ...

http://www.phnompenhpost.com/index.php/2011072850681/Business/construction-material-imports-on-the-increase.html

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