November 30, 2019- Oxley Gem (Cambodia) Co., Ltd, (“Oxley Gem”) being the developer of The Peak Hotel mixed development Project (“Project”) located at Sam Dach Hun Sen Road, Tonle Bassac Commune, Chamkarmorn District, Phnom Penh City, has confirmed the appointment of China Railway Urban Construction Group Co., Ltd (“CRUCG”) to take over the existing construction of the project.
The government has approved more than $9 billion this year for capital investment in the construction sector, a nearly 80 per cent increase on last year, with most of the growth coming from projects in Sihanoukville, according to Minister of Land Management, Urban Planning and Construction Chea Sophara.
The Olympia City project’s two largest buildings – a hotel and an office building – are currently 30 per cent complete, project manager Meng Chamroeun told The Post on Wednesday.
Local and French joint-venture Forest Harmony has broken ground on its $18 million “second-home” Luxury Holiday Villas project in Kampot province.
Local real estate developer The Flora on Saturday announced its first condominium project – The Flora Suites.
Sihanoukville on Saturday welcomed its first Century 21 franchise, Century 21 Lay Min Realty.
Cambodian Ambassador to South Korea Long Dimanche confirmed that a delegation from the South Korean prime minister’s cabinet had already met with a representative of Cambodia to talk about Busan Mutual Savings Bank’s 670 billion won ($577 million) settlement over the Camko City satellite development project.
Chip Mong Land has launched the “Park Land 50M” residential project Nov 14, 2019. Chip Mong Land Page
Chip Mong Land, one of the Kingdom’s leading construction developers, has launched the “Park Land 50M” residential project.
Two 46-storey condominium blocks in Yuetai Group Co Ltd’s Phnom Penh Harbour or “The City Gate” development project broke ground late last month and are scheduled to be completed by the end of 2022.