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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Cambodia’s First Sports Village Completed for the 2023 SEA Games

The 2023 Southeast Asian (SEA) Games, scheduled to be held in Cambodia, are set to be a grand celebration of sports and culture. To host this very splendid event, the Sports Village for the 2023 SEA Games was officially inaugurated on the evening of 20 April 2023 under the presidency of Samdech Pich Sena Tea Banh, Deputy Prime Minister, Minister of National Defense, and Chairman of the National Or...

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Phnom Penh-Bavet Expressway Breaks Ground in June 2023, Boosting Cambodia’s Connectivity

The long-awaited Phnom Penh-Bavet Expressway is set to break ground on June 7, 2023, as announced by HE Sun Chanhtol, Senior Minister and Minister of Public Works and Transport. The 135-kilometer expressway, which is the second to connect Cambodia’s capital to Bavet City, Svay Rieng province, is expected to boost the country’s connectivity and promote economic growth. In an inauguration ceremon...

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Tbong Kmum Builds Almost 3000km of Road and Completes NR 71C Over 70%

In the last five years, Tbong Khmum provincial administration has made significant strides in enhancing infrastructure development, with the construction of over 2,698km of road across the province. One of the major infrastructural projects currently underway in the province is the completion of NR No. 71C, which will connect Tbong Khmum District in Tbong Khmum Province to Chamkar Leu District ...

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Urbanland and Sathapana Bank team up to offer exclusive home loan rates to Borey Chankiri clients

Urbanland, an esteemed real estate developer, has entered into a Memorandum of Understanding (MoU) with Sathapana Bank, a renowned commercial bank in Cambodia, to provide exclusive home loan rates for Borey Chankiri homebuyers. This partnership ensures better home purchase options, consultations, and convenient services for all Chankiri customers. Commemorative photo of the Urbanland manageme...

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Cambodia Emerges as 14th among the Fastest Growing Economies

Cambodia has been ranked 14th among the fastest-growing economies in the world with a growth percentage change of 5.8%, according to a recent report published on Finance.yahoo website on 15 April 2023. “The country's GDP has increased significantly from $26.96 billion in 2021 to $75 billion in purchasing power parity terms by the end of 2022,” the website reported. The report suggests that C...

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Preah Sihanouk Drops to Fifth Place in Tourist Destinations During KNY

Preah Sihanouk Province, once a popular tourist destination, has dropped to fifth place during the Khmer New Year, with Siem Reap, Battambang, Kampong Cham, and Phnom Penh surpassing the coastal province. The decline in visitors was due to the province being more popular on weekends and changes in tourist destination trends, according to Ministry spokesman HE Top Sopheak, as reported by Constru...

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National Children’s Hospital Launches New Modern Maternity Ward to Boost Healthcare for Mothers and Children

The National Children's Hospital officially inaugurated its new modern maternity ward on the morning of 20 April 2023 under the presidency of Prime Minister Hun Sen. The new 4-story building, equipped with advanced medical equipment and digital systems, will play a crucial role in improving the health and well-being of mothers and children. In his speech, the PM praised the hospital's effort...

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