Estatedia

Author name: Mr Lee

Sihanoukville sees a new $168 million five-star hotel project

PHNOM PENH: After a long wait, the Huanhai Platinum International five-star hotel project was finally put up for auction on October 20-22, 2022, and construction was recently announced. The Chinese company “HUAN HAI BO LAI INTERNATIONAL INVESTMENT CO., LTD” is in charge of the five-star hotel project Huanhai Platinum International. The building has a total …

Sihanoukville sees a new $168 million five-star hotel project Read More »

Bridge & road construction connected the National Road 7 to begin soon

PHNOM PENH: The Ministry of Public Works and Transport (MPWT) holds a meeting to plan the construction of a bridge across the Mekong River and a road connecting National Road No. 7 to National Road No. 60 B between Kratie City and Prek Prosop District in Kratie Province. On November 28, 2022, Mr. Lim Sidenin, …

Bridge & road construction connected the National Road 7 to begin soon Read More »

Cambodia set to have another mega infrastructure project

PHNOM PENH: Four private companies have requested a study on the Phnom Penh-Siem Reap expressway, while the Ministry of Transportation is negotiating the construction of the Phnom Penh-Bavet expressway for nearly $1.7 billion. H.E. Sun Chanthol, Minister of Public Works and Transport in Cambodia, announced on November 29, 2022, at the inauguration ceremony of the …

Cambodia set to have another mega infrastructure project Read More »

A ropeway mobility investment in discussion

PHNOM PENH: H.E. Em Pheap, Deputy Governor of Preah Sihanouk, and Mr. Martin Ladner, Manager of Doppelmayr Group of Austria on Nov. 24 discussed the possibility of introducing ropeway mobility in the province. Mr. Martin Ladner presented his company’s service to the deputy governor and his team in their meeting at Preah Sihanouk provincial hall. …

A ropeway mobility investment in discussion Read More »

Construction loans reached over $4.6 billion in the third quarter

PHNOM PENH: Cambodia’s construction sector is expected to recover by 3% in 2022 as lending to the sector expands. In the third quarter of 2022, construction loans totaled more than $4,600 million. In the third quarter of 2022, banks and microfinance institutions loaned more than $4.6 billion to the construction sector. Bank loans accounted for …

Construction loans reached over $4.6 billion in the third quarter Read More »

Australia to help Cambodia update road design standards

PHNOM PENH: Australia has been working with key Cambodian government ministries to address challenges to infrastructure development in the country by leveraging the expertise of Australian government agencies. The assistance is made through Australia’s US$120 million regional Partnership for Infrastructure (P4I) program, pointed out the Australian Embassy in Cambodia in a news release. Recently, it …

Australia to help Cambodia update road design standards Read More »