πŸ“Ί Cambodia Construction and Property News #Week63 (αž–αŸαžαŸαž˜αžΆαž“αžŸαŸ†αžŽαž„αŸ‹αž“αž·αž„αž’αž…αž›αž“αž‘αŸ’αžšαž–αŸ’αž™αž”αŸ’αžšαž…αžΆαŸ†αžŸαž”αŸ’αžαžΆαž αŸ)

πŸ“Ί Cambodia Construction and Property News #Week63 (αž–αŸαžαŸαž˜αžΆαž“αžŸαŸ†αžŽαž„αŸ‹αž“αž·αž„αž’αž…αž›αž“αž‘αŸ’αžšαž–αŸ’αž™αž”αŸ’αžšαž…αžΆαŸ†αžŸαž”αŸ’αžαžΆαž αŸ)


New Roads Construction to Make New Face of Sihanoukville Solar panels on residential buildings
linked to national grid in spotlight $110 Million Cement Factory Opens in Kampot First wind energy project in Cambodia unveiled Chip Mong Land Breaks Ground Park Land 50M New Roads Construction to Make New Face of Sihanoukville Royal Government of Cambodia spends US$294 million
on infrastructure in Sihanoukville city with building 34 roads which will
make the beach city to become new fac. Speaking at the breaking ground ceremony on November 16, Samdech Techo Hun Sen said once
the all road complete construction Sihanoukville city will become a modern attractive city
as a position of Cambodia’s second economic pole. He continued that by 2020, Sihanoukville city
will become a potential attractive tourism hub, commercial centres, and a gateway of Cambodia’s economic growth. According to the provincial hall report,
the 34 road is cumulatively 84 km in length divided in three categories –boulevard 3 lines, street 16 lines, and road 15 lines. Alongside with 3 roundabouts, and 6 bridges and
the construction will take 8 months to complete. Solar panels on residential buildings
linked to national grid in spotlight The Ministry of Mines and Energy will work
on a regulation for allowing solar panels installed on roofs on residential buildings,and condos
to sell the remaining power after usage to the national grid. Currently, the ministry has only a
regulation to allow industrial enterprises such as Coca-Cola and a cement factory in Kampot province to install solar panels and sell the excess power to the national
grid. Victor Jona, Director General of
Energy at Ministry of Mines and Energy, said that the regulation related to factories already have, but for residential or for apartment
buildings, it does not exist. The Electricity Authority of Cambodia and General
Directorate of Energy ​will together work on the regulation. The Cambodian government has set the target
to increase clean energy or green energy from all sources of renewable energy for sustainable power
supplies which is not harmful to the environment. Recently, the Ministry of Mines and Energy is preparing document
for the bidding of waste-to-energy project which will address the waste management and
increase electricity supply in Cambodia. $110 Million Cement Factory Opens in Kampot The US$110 million Thai Bung Rong Cement Factory was inaugurated
on the morning of 14 November 2019, with the presence of Prime Minister Hun Sen.
It is to become the fifth cement factory in the kingdom. Built on more than 700-hectare plot
in Dangtong district, Kampot province, this cement factory is capable of producing 2,500 tons of
cement per day or approximately 1 million tons per year. H.E. Suy Sem, Minister of Mines and Energy
said that due to the growth of construction, the local produced cement products could not supply the demand which has pushed imports to fill the missing gap. For more information, the other four cement
factories are; Kampot Cement Co Ltd; Cambodia Cement Chakreyting Co., Ltd located in Kampot province; Chip Mong Insee Cement Corporation located in Kampot province;
and Battambang Conch Cement. First wind energy project in Cambodia unveiled Renewable energy company Blue Circle from France has unveiled its plan to invest in wind energy in Cambodia with a capacity of 80 MW on the
top of Bokor mountain in Kampot province. Victor Jona, Director General of Energy at
Ministry of Mines and Energy, told that the ministry has issued the license to conduct a
feasibility study in Kampot and Mondulkiri​ provinces. Due to the potential of wind energy on Bokor mountain,
the company will invest in the first stage of 80 MW. It would become the first ever
wind energy project in Cambodia ​ with the cost of investing between
$2 million and $3 million per MW. ​Anyway, Mr Jona said the negotiation on
tariffs between the firm and EDC is important due to EDC wanting power sources with a lower
price to sell to consumers at low price. Chip Mong Land Breaks Ground Park Land 50M ​The Leading property developer Chip Mong Land broke ground
its new project named the Park Land 50M on November 14, 2019. ​​The Park Land 50M project located along the
50M street which is the second satellite road which is an economically potential and a booming development. It will have premium residential and
will be featured of sport club, ​​​ swimming pool, playground, green garden,big size paths
​​​which provide convenience for modern living. A Chip Mong shopping mall will be
built in the Park Land 50M project to serve customers who live inside the project
​ ​​as well as residents living nearby the project. The Park Land 50M will open sales
officially in the upcoming soon. Dear audiences, Construction & Property
weekly news has come to the end. Thank you for spending time with
us.​We will come back to you next week. I’m Bun Saosopheakneath,
and our staffs thank you again and goodbye.

One thought on “πŸ“Ί Cambodia Construction and Property News #Week63 (αž–αŸαžαŸαž˜αžΆαž“αžŸαŸ†αžŽαž„αŸ‹αž“αž·αž„αž’αž…αž›αž“αž‘αŸ’αžšαž–αŸ’αž™αž”αŸ’αžšαž…αžΆαŸ†αžŸαž”αŸ’αžαžΆαž αŸ)

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