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
PHNOM PENH: The Cambodian Development Council (CDC) has approved 72 investment projects totaling more than $ 2.6 billion in the first five months of 2022, from January to May. This… Read More »Cambodia received 72 investment projects totaling $2.6 billion
PHNOM PENH: Cambodia has reaped numerous benefits from China’s Belt and Road Initiative (BRI). China has offered aid and is planning to construct 37 highways totaling 3,636 kilometers in Cambodia.… Read More »37 roads and additional 4 major plan for Cambodia of BRI project
PHNOM PENH: The Overseas Investment Corporation of Cambodia (OCIC) has been pushing for the creation of The Norea City, a $2.5 billion satellite city that would eventually become a commercial… Read More »$2.5 billion Koh Norea project to become a luxury business and residential center
