Gov’t Approved two Investment projects worth US$ 10.4m in Kandal province

The Council for the Development of Cambodia (CDC) has recently approved two investment projects worth a total of US$10.4 million in Kandal Province and Phnom Penh, according to a statement released on the CDC website on 24 April 2023. The first investment project, "FITLY APPAREL CO., LTD," will invest US$5.3 million in establishing a garment factory located in Ang Keo Village, Sangkat Choam Cha...

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Sihanouk Ville Has 1006 High-rise Buildings while 614 Frozen Buildings Await for Solution

As of today in Sihanoukville, there are a total of 1,006 high-rise buildings while among that, 614 frozen buildings have been waiting for the proper solution. According to the official report received by the Construction and Property Magazine, there are a total of 902 high-rise buildings in Sihanoukville, a total of 1006 projects including : - 59 projects, equivalent to 86 buildings, in Sang...

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Battambang Independence Monument Nears Completion with 85% Progress

The construction of Battambang's Independence Monument is almost complete, with a progress of 85%, according to the Battambang Provincial Administration on 24 April 2023. The monument is set to be finished by the end of April or early May 2023, allowing the construction of the surrounding roads to commence. The construction team has been working tirelessly to ensure the completion of the Indepe...

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The abundance of Borey Peng Huoth community during Khmer New Year

Traditionally, Cambodians consider the Khmer New Year the largest and most important festival. This traditional festival is celebrated before the sowing season, which is a good time for our people to gather family, relatives, and close friends to take food to the pagoda, play folk games, and go for a walk. This year, the Borey Peng Huoth community marked the occasion with great pomp and fanfare. O...

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GOV’t Licenses Five Companies to Inspect Vehicles at 23 Locations

The Ministry of Public Works and Transport has issued licenses to five companies to carry out technical vehicle inspections at 23 locations across Cambodia. According to the inauguration ceremony of the Vehicle Technical Inspection Center (Cheek) of Cambodia Motor VHICK Inc. Securities Company (CMVIC) Samrong Andet Branch on 21 April 2023, CMVIC has received the most licenses with 19 locations,...

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The first phase of deep-sea port construction to Commence on May 1

Cambodia's first deep-sea port construction is set to begin on May 1, marking a significant milestone in the country's water transportation and logistic infrastructure. According to HE Sun Chanthol, Minister of Public Works and Transport, the first phase of the 14.5-meter deep-water container port in Sihanoukville will commence construction under the presidency of Prime Minister Hun Sen. During...

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Japan Approves Ambitious $13.5 Billion Casino Project, A Game-Changer for Country’s Tourism Industry

The Japanese government has given the green light to the country’s first-ever legal casino project, set to transform the nation’s tourism industry. The initial investment cost for the ambitious project is estimated to be 1.8tn yen (approximately US$13.5 billion) and is expected to be completed in 2029. According to The Guardian, the MGM Resorts International and Orix-led casino complex in Osaka...

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Beulah’s STH BNK Project to become Australia’s Tallest Building with US$2bn Investment

Beulah, a prominent developer, has been given the green light by the Victorian government to proceed with the STH BNK project, which will be Australia's tallest building upon completion. The $2bn project will consist of two towers, with the first one towering over the nation's current tallest skyscraper, the Q1 building, at a height of 366 metres, while the other will be 288 metres tall. The de...

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The Gov’t Plans to Establish International Standard Laboratory to Prevent Animal Diseases

The Ministry of Agriculture, Forestry and Fisheries has announced plans to establish an international standard laboratory in Sitbo commune, Kandal province, aimed at preventing animal diseases and promoting the safety of animal products. In a recent meeting on 21 April 2023 to review the project budget, Minister Dith Tina emphasized the importance of setting up all sub-sector laboratories in on...

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Dara Sakor International Airport Nears Completion, Scheduled to Open Mid-2023

The highly anticipated Dara Sakor International Airport, invested by China's Union Development Group, has reached over 90% completion as of 31 March 2023, with over US$180 million spent on the project. This is according to H.E. Sinn Chanserey Vutha spokesman and undersecretary of the state Secretariat of Civil Aviation (SSCA) told Construction and Property on 19 April 2023. “By the Q1 of 202...

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Cambodia’s Air Travel Rebounds with Over 870k Passengers and over 6.6k Flights in Q1 2023

Cambodia's air travel has shown a remarkable growth of 872,049 passengers and 6,699 flights in the first quarter of 2023, according to HE Sin Chanseryvutha, Secretary of State for Civil Aviation. This is a positive sign for Cambodia's aviation industry, which was severely impacted by the Covid-19 pandemic. March 2023 saw a significant increase in the number of inbound and outbound flights, with...

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Tbong Khmum Achieves Land Registration Milestone with Over 370k Plots Registered

Tbong Khmum province has achieved a significant milestone in land registration with over 370,000 plots of land systematically registered since Kampong Cham province's separation in 2014. This was confirmed by HE Dr Cheam Chansophorn, Governor of Tbong Khmum Province, during a press conference on "Success in the past 5 years" of Tbong Khmum Provincial Administration on 20 April 2023. According t...

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