Construction of Mekong River Bridge in Kratie Officially Begins
The construction of the Chinese-funded US$111-million Mekong River bridge in Kratie province officially began on 2 December under the auspices of Cambodian Prime Minister Samdech Hun Sen and Chinese Ambassador to Cambodia HE Wang Wentian. The project includes the construction of a new Mekong River bridge and a new road connecting NR7 to NR60B. The bridge across the Mekong River will be 1,7...
Read MoreGov’t Allocates Over 200ha of Land in Kirirom National Park to Private Firm
The Cambodian government has changed the usage of 221.94 hectares of land in Preah Suramarit Kosamak "Kirirom" National Park and allocated it to a private firm, according to Sub-Decree No. 126 dated 27 June 2022. The private firm receiving the plot is ONE MORE Ltd. However, the company has yet to announce the development plan. Currently, the company is completing all the legal procedures ...
Read MoreGov’t boosts cement plant investment to meet growing demand
Cambodian Prime Minister Samdech Hun Sen stated that there is a high demand for cement in Cambodia, which requires additional investment, while the five cement factories produce about 9 million tons per year. During the groundbreaking ceremony for the reconstruction and upgrading of two roads in Kampot and Kep provinces on 30 December, PM Hun Sen said that Cambodia currently produces about 9 m...
Read MoreConstruction of SHV’s third wastewater treatment plant 74% complete
The construction of the third wastewater treatment plant in Prek Ochheuteal, Sihanoukville has been 74% completed, according Ministry of Land Management, Urban Planning and Construction's latest report. With a construction cost of US$20 million, the third station will have a capacity of 20,000 cubic metres per day using MABR technology. In Sihanoukville, there are already two wastewater trea...
Read MorePM urges authorities to complete all land registration by 2023
Cambodia Prime Minister Samdech Hun Sen urged the relevant authorities to 100% complete the land registration by 2023, especially lands around the Tonle Sap lake. PM Hun Sen said on 71 December the government has registered almost all the land plots nationwide with only a small amount remaining, but officers must accelerate the process. Samdech Hun Sen continued that land registration is nec...
Read MoreGround Broken on NR31 & NR33 Expansion Project
The project to expand and renovate NR31 and NR33 in Kampot and Kep provinces officially began on 30 December under a concessional loan from China. The ground-breaking ceremony was held under the auspices of Cambodian Prime Minister Samdech Hun Sen and Chinese Ambassador to Cambodia HE Wang Wentian. The two national roads will be built by the China Bridge and Road Corporation (CRBC) and tec...
Read MoreThe best of the best real estate developers, and projects prevail at the 17th PropertyGuru Asia Property Awards Grand Final
PropertyGuru Group, Southeast Asia’s leading property technology company, on 9 December announced the regional winners representing the Best in Asia at the 17th Annual PropertyGuru Asia Property Awards Grand Final, presented by Kohler and supported by Leading Real Estate Companies of the World. Also known as the finale of the 2022 PropertyGuru Asia Property Awards series, the Grand Final was pr...
Read More128 High-Rise Building Projects Approved in 2022
The government approved a total of 128 high-rise projects or equivalent to 142 buildings in 2022, according to the latest report of the Ministry of Land Management, Urban Planning and Construction. Among those, 86 projects equal to 93 buildings are in Phnom Penh, 14 projects equal to 16 buildings in Sihanoukville and 13 projects equal to 15 buildings in Banteay Meanchey province There are ...
Read MoreGov’t Drafts New Traffic Law to Align with New Infrastructure Development
The Cambodian government is amending the new draft law on road traffic to align with the rapid road development in Cambodia, according to an inter-ministerial meeting on 28 December. The new draft law is designed to revise the content of 48 old articles and add some new ones to align with Cambodia's development, especially on road development, including road widening, and expressway constructi...
Read MoreHow to check the validity of real estate sale & purchase agreement ?
According to Civil Code 2007, the sale and purchase of real estate must be made in three forms such as (1). Contract Written by Notary, (2). Contract Sealed by Commune, Sangkat or City, District, Khan Administration, (3). Contract Certified by Notary. (Read more) However, for real estate developers, the agreement can be quite different especially when the case involves instalments and a down p...
Read MoreMLMUPC Earns US$90 Million in Revenue in 2022
In 2022, the Ministry of Land Management, Urban Planning and Construction (MLMUPC) collected a total of approximately KHR367 billion (US$90 million) in revenue, a decrease of 22.26% compared to 2021, according to the ministry's latest report, Within this total, the revenue from the Central Administration was around KHR8 billion while over KHR358 billion was from the Department of Land Manageme...
Read MoreMLMUPC Issues Over 300k of Land Titles in 2022
The Ministry of Land Management, Urban Planning and Construction has issued 315,441 land titles, according to the ministry's latest report. Meanwhile, from the beginning of implementation until the end of September 2022, the ministry registered and issued a total of 6,663,977 titles to people, equivalent to 95.2% of the estimated 7 million plots. Among those, over 6 million titles were iss...
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