OCIC to build an expressway that will connect the city centre to the new airport.
According to Du Sangnam, vice-president of Cambodia Overseas China-Cambodia Investment Corp (OCIC), work on the cable bridge connecting Diamond Island and Koh Norea Development Zone officially commenced in October.
Around $2.5B to be injected into the development of a new Koh Norea satellite city.
It is expected that after COVID-19, he, together with gov’t officials, will head to China to attract investors to the zone.
OCIC unveils a plan to build a flyover linking Koh Pich with Koh Norea.
The OCIC to invest $16 million in a large exhibition centre in Chroy Changvar.
The government has created a commission tasked with studying a location for new Phnom Penh International Airport.
The Overseas Cambodia Investment Corporation is building a $2-million theme park in Phnom Penh’s Chroy Changvar.
A new airport for Phnom Penh will be built in Kandal province, a southern part of the capital.
Construction of a new bridge over the Tonle Sap river begins under Overseas Cambodia Investment Corporation.
Three companies are preparing to build carparks from Freedom Park to the Old Market.
Phnom Penh’s mall space is increasing rapidly and developers like OCIC are hopeful of success by focusing on the local buyer price range and predominantly local retailers.