MLMUPC Amends Article 3 of Prakas No. 013 to Facilitate Applications for Construction Permits
The Ministry of Land Management, Urban Planning and Construction amended the seventh and eighth points in Article 3 of Prakas No. 013 dated 20 January 2022 on the form and context of construction permits. According to Prakas No. 096 dated 22 June 2022, the new revision aims to facilitate applying procedures for a construction permit […]
Read MoreDang Tong Port in Koh Kong Province Serves Tourism Sector & Maritime Agricultural Shipments
The construction of Dang Tong Port is scheduled to be completed and officially inaugurated by the end of 2022, to serve the tourism sector and agricultural shipments. HE Sun Chanthol, Senior Minister and Minister of Public Works and Transport led the ministry’s technical working group to inspect the progress of the construction project of Dong […]
Read MoreMPWT Discusses Two Draft Laws on Road & Rail Use
The Ministry of Public Works and Transport has discussed the draft sub-decree on the management of the use of roadside land and the draft sub-decree on the management of intersection points and the use of railway land along the railways. The meeting was held on 21 June, chaired by HE Secretary of State Pal Chandara, […]
Read MoreNational Road No. 4 improvement work reaches 15% completed
Construction of National Road No. 4 improvement project from Bek Chan commune, Ang Snoul district, Kandal province to Bit Trang commune, Prey Nob district, Preah Sihanouk province completed 15% as of June. The progress of the construction of the road section was mentioned during the inspection visit led by HE Sun Chanthol, Senior Minister of […]
Read MorePreah Sihanouk Provincial Administration Approves US$500,000 Investment Project of Water Amusement Park
Preah Sihanouk Provincial Administration has approved the investment project of the water amusement park of LE SOLEIL MEILAN INTERNATIONNAL TRAVEL Co., LDT, which is worth about US$ 500,000 at Ochheuteal Beach 2, Village 4, Sangkat 4, Sihanoukville, according to the meeting on 22 June 2022. To the company’s presentation, the investment site will be built […]
Read MoreResidential property price index remains stable in 2021 despite amid Covid-19 crisis
The residential property price index (RPPI) has been compiled to monitor the residential property market condition. Results showed that this market was stable both in Phnom Penh and the provinces. Overall residential prices in 2021 increased by 10.9% compared to 2020, indicating that the housing market continues to be attractive to buy despite the pandemic. […]
Read MoreProperty insurance values US$41 million in 2021
Property insurance has a total premium of US$41.5 million by 2021, or 33.1% of the gross premium of general insurance, which is worth 501 billion riels or approximately US$125 million. The gross premium of property insurance accounted for the largest share of general insurance with other insurance services such as medical insurance and auto insurance, […]
Read MoreMinister of MAFF Asks WB to Help Build Solar Irrigation System for Cambodian Farmers
Minister of Agriculture, Forestry and Fisheries (MAFF), HE Veng Sakhon, has asked the World Bank (WB) to examine the possibility of constructing a solar irrigation system to help reduce the cost of electricity and fuel for Cambodian farmers. HE Minister made remarks in a discussion meeting and evaluation of the results of the Mid-Term Project […]
Read MorePhnom Penh Administration, Thailand’s Ministry of Transport discuss on smart transportation system
The Phnom Penh Autonomous Bus Transportation Authority (City Bus) and Thailand’s Ministry of Transport have discussed on a smart public transportation system in the city. The discussion was held in a meeting between the delegation of Phnom Penh Autonomous Bus Transportation Authority led by Mr Keut Chhe, Deputy Governor of Phnom Penh Municipal Administration and […]
Read MoreOCIC Partners with Spectrum KH to Present Alta Moda – A Night of High Fashion Meeting Luxury Properties
The Overseas Cambodian Investment Corporation (OCIC) has partnered with Spectrum KH to bring together the country’s prominent fashion mavericks, Armada by Abello, The Privé, & Natacha Van to present Alta Moda– a night of glamour, fashion, and a showcase of the architectural developments for Cambodia by OCIC complementing the craftsmanship and artistry of three of […]
Read MoreThe Philippines moves closer to building the world’s largest solar project
The solar Philippines has submitted offers to contract most of its planned 10 gigawatts of projects, including the world’s largest, as the Southeast Asian nation seeks to meet the rising demand for electricity while shifting away from coal. The planned facilities “would help address the country’s potential power shortage” and significantly boost the nation’s grid-connected […]
Read MoreCambodian Private Commercial Center in Atsugi of Japan officially inaugurated
The Cambodian Private Commercial Center, which serves business affairs between Cambodia and Japan located in Atsugi, Kanagawa Prefecture of Japan, has been officially inaugurated on 18 June 2022. Ambassador Extraordinary and Plenipotentiary of the Kingdom of Cambodia to Japan, HE Tuy Ry said the establishment of this Cambodian Private Commercial Center is a new achievement […]
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