Land Ministry: Borey or Condo Developers Urged to Divide Title Deeds Before Starting Sales
From 2022 onwards, all borey owners and co-owned building developers are urged to split the land title deeds and register the strata-title first before making any sale transactions, according to the press release of the Ministry of Land Management, Urban Planning and Construction (MLMUPC) on 31 December 2021. The new order aims to increase transparency […]
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Study Completed for Chak Angre Krom- Prek Pra Bridge; MPWT Examining Further Details
Chinese company Shanghai Construction Group Co., Ltd. (SCG) has completed a study for the Chak Angre Krom – Prek Pra bridge (Prek Talong) while the government is currently reviewing each section in detail. The Ministry of Public Works and Transport (MPWT) met with technical teams of the firm on Tuesday 4 January to discuss the […]
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អគារ Chip Mong Tower តម្លៃជាង ២៣០ លានដុល្លារ សាងសង់បាន ៦០% ហើយ
អគារកម្ពស់ ៤៥ជាន់ ជីប ម៉ុង ថៅវើ របស់ក្រុមហ៊ុន ជីប ម៉ុង ក្រោមការវិនិយោគទុនប្រមាណ ២៣០លានដុល្លារសហរដ្ឋអាមេរិក បានសម្រេចការសាងសង់ ៦០%ហើយ។ ក្រុមហ៊ុន Chip Mong Group បញ្ជាក់ថា អគារនេះ នឹងបញ្ចប់នាចុងឆ្នាំ២០២២នេះ។ ក្រុមហ៊ុន ជីប ម៉ុង បានបញ្ចុះបឋមសិលាបើកការដ្ឋានសាងសង់អគារ ជីប ម៉ុង ថៅវើ កាលពីដើមឆ្នាំ២០១៩ ដែលមានផ្ទៃក្រឡាសរុប ១៤ ០៤២ ម៉ែត្រការ៉េ។ (អានបន្ថែម) គួរបញ្ជាក់ផងដែរ អគារ ជីប ម៉ុង ថៅវើ មានទីតាំងស្ថិតនៅតាមបណ្តោយផ្លូវមហាវិថីសហព័ន្ធរុស្សី ជិតស្ពានអាកាស ៥មករា ដែលជាតំបន់សេដ្ឋកិច្ចនិងប្រកបទៅដោយការអភិវឌ្ឍ ដែលនឹងអនុញ្ញាតឲ្យអគារពាណិជ្ជកម្មចម្រុះនេះ រួមចំណែកពង្រីកសក្ដានុពលរាជធានីភ្នំពេញកាន់តែខ្លាំងឡើងមួយកម្រិតទៀត។
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All Constructions Must Now Be Inspected & Certified Before Occupation
The Construction Law of 2019 clearly states that all constructions that required construction permits must be inspected and certified before they can be used or occupied. However, the law also has given a two-year grace period for construction owners to adjust. That grace period has now ended and the Ministry of Land Management, Urban Planning […]
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Construction of NR10 Connecting Battambang & Koh Kong 55% Complete
Construction of the 198km NR10 connecting Samlot district in Battambang province to Veal Veng district in Pursat and to Koh Kong province has been approximately 55% completed, and is on track for full completion in late 2023. The progress update was made by the Ministry of Public Works and Transport during the site inspection at […]
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LSCG, SINOMACH inject additional US$18 million investment in new PP airport project
LSCG and SINOMACH – CHMC have decided to invest US$18 million more to supply machinery and conduct some parts of dredging works for the Techo International Airport development project in Kandal province. LSCG CEO Ly Sok Chhay told Construction & Property Magazine that this is the additional fund added to the contract agreement signed between […]
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Anco Group proposes multi-purpose investment project on over 6,000ha of land in Koh Kong
A large-scale local company Anco Import Export Co., Ltd has proposed to invest in building a multi-purpose project on 6,145 hectares in Botum Sakor National Park, Botum Sakor, and Kirisakor district of Koh Kong Province. Koh Kong Deputy Governor Ouk Pheaktra and Under-Secretary of State of the Ministry of Environment HE Sok Kheng Norin led […]
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GDT Extends One-Time Stamp Duty Tax Policy Until 2023
The General Tax Department (GDT) has decided to extend the policy of allowing property owners to pay only a one-time stamp duty tax for any properties with a record of multiple transfers before 2017. The extension will last until 31 December 2023, according to letter No. 22267 dated 31 December 2021 of the General Department […]
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Construction of Three Major Water Reservoirs in Mondulkiri Province 20% Complete
The construction of O’Te reservoir and the rehabilitation of the Leu and Krom reservoirs in Saen Monourom city and Ou Reang district of Mondulkiri province have been 20% completed, according to the site inspection by Minister of Water Resources and Meteorology HE Lim Kean Hor on 3 January 2022. The minister highly appreciated the progress […]
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Gov’t Plans to Build, Rehabilitate & Upgrade Four Airports
The Cambodian government plans to build two new airports and upgrade two other existing airports, according to the Law on Financial Management for 2022. The four projects are in the projects under the Office of the Council of Ministers, which include the construction of new Ratanakiri and Preah Vihear airports (both Class 3), as well […]
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Gov’t to transform Koh Kong into Cambodia’s largest SEZ cluster
The Cambodian government plans to transform Koh Kong into the largest special economic zone (SEZ) cluster in Cambodia in the near future, according to PM Samdech Hun in the opening speech at the NR48 renovation groundbreaking ceremony on 3 January. “In order to boost the national economy, the government has a clear plan to make […]
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PM Orders All Provincial Governors to Stop ‘Build Now Pay Later’ Deals With Construction Firms
Cambodian Prime Minister Samdech Hun Sen has ordered all provincial governors to stop creating debts with private construction companies through a ‘build now pay later’ method that allows private firms to build infrastructure first and then pay later without going through any bidding procedure or approval from the Ministry of Economy and Finance. PM Hun […]
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