PHNOM PENH: The Ministry of Land Management, Urban Planning, and Construction has approved 1,679 construction projects across the country totaling approximately 2.2 million square meters, representing an investment of approximately… Read More »Construction investment reaches $952 million in the first 5 months
AISA: The Bangladeshi government awarded MBEC a $1.54 billion contract in 2014 to construct the bridge’s core structure, making it the country’s largest infrastructure project as well as the largest… Read More »Bangladesh’s $1.54-billion bridge opens for public after 8 years construction
PHNOM PENH: Mr. Sun Chanthol, Senior Minister, Minister of Public Works and Transport, launched a discussion on June 24, 2022, to establish an alternative public transportation system, either by subway… Read More »Cambodia urges subway and monorail study for its capital
PHNOM PENH: Last week, Dr. Kim Heang, President of KW Cambodia, stated during a discussion with Co-founder and CEO of Propertyarea.asia that Cambodia’s economy has grown by around 7%… Read More »Dr. Kim Heang explains the fundamentals that drive Cambodian real estate
ASIA: Indonesia intends to relocate its capital from Jakarta, which is overcrowded, polluted, and sinking, to East Kalimantan on the island of Borneo. The move is also intended to redistribute… Read More »Indonesia to begin construction on a new capital project soonest this year
PHNOM PENH: The Royal Government has proposed building a highway connecting Phnom Penh to Sen Monorom in Mondulkiri province by 2035, transforming Mondulkiri into Cambodia’s fourth economic hub. The Royal… Read More »A highway project to connect Phnom Penh and Mondulkiri in 2035
VIETNAM: According to the State Bank of Vietnam (SBV), total outstanding bank loans in the real estate market totaled more than VND2,280 trillion (US $98.032 billion) as of late April,… Read More »Nearly $100 billion in bank loans were made in the real estate market
PHNOM PENH: GTV MOTOR CO., LTD. has invested nearly 16 million dollars in the construction of a car assembly plant in Kampong Speu province, with the project expected to create… Read More »GTV invests about $16 million for a car assembly plant
PHNOM PENH: According to a report from the Ministry of Public Works and Transport’s General Department of Technology, National Road No. 71C, which spans 114.62 kilometers from Tbong Khmum District… Read More »The National Road No. 71C project is now 37% completed
PHNOM PENH: Deputy Prime Minister Prak Sokhon, Minister of Foreign Affairs and International Cooperation of Cambodia, urged the completion of the India-Myanmar-Thailand trilateral expressway as soon as possible, with expansion… Read More »Cambodia to accelerate the tripartite highway project connecting 3 countries
PHNOM PENH: More than 33% of the Techo Takhmao International Airport project was completed between January 7, 2020 and June 14, 2022. During a visit to the project on June… Read More »Techo Takhmao International Airport is now 33% completion
