Estatedia

INVESTMENT

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 …

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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, …

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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 …

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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. …

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Cambodia to have over 200 infrastructure projects for the Logistic Development master plan

PHNOM PENH: The Royal Government of Cambodia has been modernizing its transportation infrastructure and developing a better logistics system to achieve its national development goals of becoming a high-middle-income country by 2030 and a high-income by 2050. On the evening of November 15th, CBRE hosted a workshop “Industry Revolution 2022” with participation from relevant public …

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