News
Hun Sen Says Water, Power Shortages to Stay
Prime Minister Hun Sen said yesterday that the rapid growth of Phnom Penh’s population coupled with the rampant construction of new property projects means that there would always be a shortage of water and electricity in the capital. Speaking to a crowd of thousands who had ...
http://www.cambodiadaily.com/news/hun-sen-says-water-power-shortages-to-stay-29063/
Value of Approved Property Projects Soar
The value of construction projects approved by the government during the first nine months of the year reached $1.83 billion, an 83.61 percent increase compared to the same period in 2011, according to data released yesterday by the Ministry of Land Management. Tith Khemra, director of ...
http://www.cambodiadaily.com/business/value-of-approved-construction-projects-soars-4762/
Huge Chinese property project announced
Chinese firm Hainan Ruijin Investment Holding Company (HRIH) has announced an ambitious, US$5.8 billion property project including holiday resorts and high-rise apartments outside of Sihanoukville. Plans for the development, which has been dubbed Sihanoukville-Hainan City, have been approved by the Cambodian government. Further details, such as the ...
