Property News Roundup May 16th, 2022
We’re delighted to share the weekly news highlights below.
- ISUZU assemble plant in Kg. Speu province starts construction
K (Cambodia) Co., Ltd, a distributor of ISUZU vehicles in Cambodia, has started building an assembly factory for ISUZU vehicles in Kampong Speu province.
May 9th, 2022 | Construction Property | Link: https://bit.ly/3walDD2
- CDC approves 6 new investment projects worth $150M+ including new Makro store
The Council for the Development of Cambodia (CDC) has approved six new investment projects with a total investment of more than $150 million.
May 9th, 2022 | Khmer Times | Link: https://bit.ly/39F5Lk5
- Key $92M electricity grid project launched across 3 provinces
An €86.41 million ($92 million) project to build electricity transmission lines and distribution networks in three provinces and improve energy supply for the region’s rural population has been officially inaugurated.
May 10th, 2022 | Phnom Penh Post | Link: https://bit.ly/3srLqp4
- Angkor garden over 15 ha in SR city to open soon
The Apsara Authority plans to inaugurate the 15-hectare Angkor Botanical Garden, featuring grass fields, flower gardens, fruit trees, and wildlife for visitors on 9 May 2022, according to the Department of Information in Siem Reap province.
May 10th, 2022 | Construction Property | Link: https://bit.ly/3Pgikmf
- KH-TH reopen Anlong Veng international gate after two-year closed
Choam International Gate in Anlong Veng district, Oddar Meanchey province has officially reopened after being closed for more than two years due to COVID-19.
May 11th, 2022 | Construction Property | Link: https://bit.ly/395ys9E
- New ‘Win-Win’ Monument for Pailin province
A groundbreaking ceremony was held for a new “Win-Win” monument in Pailin province, built to commemorate Cambodian politicians who sacrificed their lives in wartime..
May 11th, 2022 | Phnom Penh Post | Link: https://bit.ly/3vYpRyt
- Gov’t exchanges 800 ha of land in the Phnom Tamao Zoo area with the private sector
The government has decided to exchange 800 hectares of land in the Phnom Tamao area to a private company – Khmer Fresh Milk for development, and the government reclaimed 1,122 hectares in three different locations.
May 12th, 2022 | Construction Property | Link: https://bit.ly/3wiDHLf
- Chinese-funded NR 41 expansion project to be built soon
China Road and Bridge Corporation (CRBC) has been awarded the right to build the National Road 41 expansion connecting National Road 4 and Kampot province.
May 12th, 2022 | Construction Property | Link: https://bit.ly/37CoQD3
- Aeon Mall’s multifunctional logistics centre starts construction
The ground has been broken on the multifunctional logistics centre of Aeon Mall (Cambodia) Co Ltd in Sihanoukville SEZ, according to the official website of the Preah Sihanouk Provincial Administration, published from the opening ceremony of Krong Pali on 11 May 2022.
May 13th, 2022 | Construction Property | Link: https://bit.ly/3w7ipkQ
- 42 main roads in Kampong Cham city officially announced
Main road infrastructures, including 42 concrete roads and DBST rubber roads with a length of 31,917 meters in Kampong Cham city, Kampong Cham province, were officially inaugurated on 12 May 2022 in the presence of HE Dr. Hun Manet and the provincial administration from Kampong Cham.
May 13th, 2022 | Construction Property | Link: https://bit.ly/3PeT6EW