Direct investment from South Korea has increased, reaching $4.5 billion last year.
The project will break ground at the end of March and will be finished within 18 months.
Siam Cement Group reports a strong performance of its Cambodian operations.
Without a doubt, Cambodia has experienced rapid economic and real estate growth over the preceding years.
The combined value of approved construction projects reached $6.42 billion in 2017.
Cambodia’s economy remained robust in 2017 with an estimated growth rate of 6.8 percent.
The Council for the Development of Cambodia has approved 13 investment projects since October.
The Building and Wood Workers Trade Union Federation of Cambodia renews its call for a meeting with Prime Minister Hun Sen.
A construction manager is under arrest for allegedly murdering his eight-months pregnant wife by pushing her from the 11th floor.
Cambodia moved down four places in the World Bank’s “Ease of Doing Business” index for 2018.
The Phnom Penh Governor asks construction sites using heavy vehicles, to cease operations in the city during the Water Festival.
A euphoric mood among German constructors and manufacturers drives business confidence to an all-time high.
Looking ahead, the economic outlook is positive, although significant challenges remain.
A garment worker is dead and 36 others are injured, some seriously, in a crash as they travelled to work in Phnom Penh.
Construction investment during the first nine months of the year reached $5.63 billion, up 22 percent over the same period last year.
Buying an off-plan project can be a scary concept for prospective home buyers, but it can be advantageous in terms of value for money, premium locations of property, lucrative promotions and investment returns.
Activity in China’s service sector grew at its slowest pace in 21 months as new orders cool.
Profits at China’s industrial companies rose the most in four years as commodities prices surge, thanks to a government-backed construction.
The influence of the Chinese is having a significant effect on the economic growth prospects of Cambodia, and in particular the real estate and construction sectors.
The first Cambodia Architect Forum hosted by the Board of Architects, Cambodia, will kick off this week.