Logo of Phnom Penh Post newspaper Phnom Penh Post - Exchange design holdup

Exchange design holdup

Exchange design holdup

WORLD City Co Ltd, the South Korean firm responsible for the design and construction of Cambodia’s first stock exchange, has still not received the go-ahead from the government on floor plans for the building, according to the firm’s Vice President Duk-kon Kim. Construction cannot go ahead at Camko City on the outskirts of Phnom Penh until the Ministry of Finance clears the architectural plans, he said Wednesday. The government has already passed plans for the main structure. Kim said it will take four months to complete the shell of the structure, which must be completed before the onset of the rainy season. The remaining interior work would take about the same amount of time to build, he added.

MOST VIEWED

  • Proof giants walked among us humans?

    For years a debate has waged about whether certain bas relief carvings at the 12th-century To Prohm Temple, one of the most popular attractions at the Angkor Wat Temple Complex in Siem Reap province, depicted dinosaurs or some rather less exotic and more contemporary animal,

  • Japan bank buys major stake in ANZ Royal Bank

    Japan's largest bank acquired more than half of ANZ’s shares in Cambodia on Thursday, according to a statement from Kith Meng’s Royal Group. Japan's JTrust Bank, announced that they had acquired a 55% of stake in ANZ Royal Bank. According to a Royal Group

  • Long way to go before Cambodia gets a ‘smart city’

    Phnom Penh, Siem Reap and Battambang will struggle to attain smart city status without adopting far reaching master plans, according to officials tasked with implementing the program. The brainchild of the Association of Southeast Asian Nations (Asean), the smart city program seeks to link up

  • New US bill ‘is a violation of Cambodian independence’

    After a US congressmen introduced bipartisan legislation that will enact sanctions on Cambodian officials responsible for “undermining democracy” in the Kingdom, government officials and the ruling Cambodian People’s Party on Sunday said they regarded the potential action as the “violation of independence and sovereignty