English 
ខ្មែរ 
Gov’t to Build More Infrastructure for Automotive & Electronic Sectors
- 24 January 2023
The Cambodian government plans to build more infrastructure to promote investment in the automotive and electronics sectors, according to the official road map for the development of the automotive and electronics sector discussed on 9 December. The roadmap identifies 20 key priority measures in five areas including 1. Strategies and institutional coordination 2. Human resources and innovatio...
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Gov’t Issues New Prakas to Further Monitor Real Estate Service Business
- 24 January 2023
The Non-Banking Financial Services Authority has issued a new Prakas to strengthen the management and control of the real estate services business in Cambodia. According to the new Prakas No. 064 dated 27 December 2022, real estate services refer to real estate management services, appraisal services, and real estate agency services. All real estate service businesses must have a license a...
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Construction of NR10 Connecting Koh Kong to Battambang 70% Complete
- 24 January 2023
The construction of NR10 connecting from Battambang to Koh Kong has been 69.28% completed as of January and it is scheduled to be completed by the end of 2024, according to a press conference by the Battambang Provincial Administration on 24 January. NR10 has a total length of more than 197 kilometres and the construction will cost a total of US$188 million, via funding from the Chinese govern...
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Preliminary Study Completed for Cambodia’s First High-Speed Rail Line
- 24 January 2023
The Cambodian government will soon upgrade the northern Phnom Penh-Poipet railway to become Cambodia's first standard high-speed railway. According to a meeting to review the preliminary study result between China Road and Bridge Corporation (CRBC) and the Ministry of Public Works and Transport (MPWT) on 23 January, the project will cost approximately US$4 billion and have a total length of 38...
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Gov’t Approves US$2m Budget to Renovate Siem Reap-Oddar Meanchey Road
- 23 January 2023
The Ministry of Economy and Finance has approved a US$$2 million fund to renovate and upgrade a 68-kilometre road from Siem Reap to Oddar Meanchey, according to a official meeting last weekend. The renovation of this road is to facilitate the travel and transportation of agricultural products between the two areas. The construction is set for completion in 2024. The road will pass through ...
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China’s Real Estate Market Expected to Recover by 2023
- 23 January 2023
Since the first half of 2021, China has experienced a rapid decline in property prices and home sales. Many developers had liquidity issues with deteriorating balance sheets. However, the situation is expected to stabilise in 2023, experts said. Investment in real estate in 2022 fell 10% from 2021. Property sales slumped by 26.8%, the National Bureau of Statistics reported recently. To he...
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Major Road Renovation Project in Svay Rieng 70% Complete
- 23 January 2023
The renovation of a major 11km major in Svay Rieng province has been 70% completed as of January and is scheduled to be completed in March 2023, according to the Ministry for Rural Development. Being upgraded to double DBST at 8 metres wide, the road connects NR18 at O'Don Am village to Samyong village in Kampong Rou district. The project is part of the third phase of the rural road impr...
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Fearless Projections of Real Estate Market Trend in 2023
- 21 January 2023
The Cambodian real estate market in 2023 will continue to be under pressure and will not be able to recover to the rate where everyone wanted, while the slowdown will last even longer than expected, mainly due to the negative spill overs of the COVID-19 crisis, the Russia-Ukraine war, and the global economic downturn. The real estate market situation in 2023 is similar to the city after the bi...
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Construction & Real Estate Loan Shares 18% of Total Credit
- 21 January 2023
Bank loans provided to major sectors grew 19.3% compared to last year, while construction and real estate grabbed approximately 18% of the total loans of US$46 billion, according to a recent official summary. Real estate businesses received 9% of total loans, while construction also took 9%. Personal housing loans accounted for 14%, hotel and the restaurant sector shared 4%, while rental busin...
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China & Cambodia aviation remains uncertain despite China’s opening
- 20 January 2023
After China announced the reopening, the flights between Cambodia and China as of January 2023, remained uncertain. According to data from the Secretariat of Civil Aviation, in August 2022, Cambodia had 30 flights between China and Cambodia weekly (quota set by the Chinese side), which means that Cambodian airlines fly 15 times weekly to China and vice versa. Six Chinese airlines are flying ...
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Experts: Land Price in Arey Ksat Temporarily Oversaturated
- 20 January 2023
After the announcement of the new Night Market-Chroy Chagva-Arey Ksat bridge, the land prices in Arey Ksat area is once again skyrocketing. However, experts are urging investors to be more cautious of sudden price fall due to the uncertainty of the bridge project President of the Cambodian Valuers and Estate Agents Association (CVEA) Sorn Seap said on 19 January that land prices in any area de...
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Incentives of new investment law
- 20 January 2023
New investment law has been publicly promulgated since October 2021, which is universal to increase revenue collection by embracing long-term business and attracting new investment. (Read more) Particularly, this new law has provided many favourable conditions on tax and customs for qualified investment projects (IQP). (Read more) Besides, it also has many special guarantees for investors an...
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