CVEA, AVA Mull Establishing Standardised Guidelines for ASEAN Real Estate Evaluators
The ASEAN Valuers Association (AVA) and Cambodian Valuers and Estate Agents Association (CVEA) have vowed to enhance the capacity of their real estate agents, with plans to establish shared guidelines and standards to regulate and certify real estate agents among all member countries. CVEA Secretary-General Susan Widjojo made the remarks at a press conference on […]
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Upward trend of Smart Building Management System Usage in Cambodia Market
Smart construction management system such as the 3D Central Building Management System has gained popularity among construction project owners around the world in recent year, and this technology has been slowly emerging into the Cambodian market. Taiwan’s Commerce Development Research Institute (CDRI), an institute funded by Taiwan’s Ministry of Economic Affairs, is planning to bring […]
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Cambodia Urges Private Sector to Invest in EV Charging Station Infrastructure
The Cambodian government has encouraged the private sector to invest in building charging station infrastructure for electric vehicles (EV) in Cambodia. Speaking at a panel discussion on “Electrification of Vehicles for a Green Future for Cambodia” on 4 November, HE Sun Chanthol, Minister of Public Works and Transport, said that the number of EVs will […]
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Phnom Penh to Boast All-Electric Mass Transit System
The Ministry of Public Works and Transport (MPWT) has vowed to use electricity to operate a mass public transport network in Phnom Penh as part of the carbon emission reduction in the transportation sector. MPWT Minister HE Sun Chanthol made this remark at a panel discussion on “Electrification of Vehicles for a Green Future for […]
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MPWT Updates Road Network System to Ensure Effective Management & Repair
The Ministry of Public Works and Transport (MPWT) is updating lists of the national, provincial, and other roads to compile a comprehensive road network guideline for effective and efficient management. The ministry conducted a meeting on 3 November, chaired by MPWT Secretary of State HE Lim Sidenin and attended by relevant officials from the capital […]
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Gov’t to Turn a Resort in Prey Veng into National Protected Area
The Ministry of Environment has unveiled a plan to turn Norkorphnom-Phnom Chher Kach cultural and historical site in Ba Phnum of Prey Veng province into a national natural protected area, according to officials meeting on Wednesday 3 November. The meeting was attended by representatives of the Ministry of Defence, representatives of the Ministry of Interior, […]
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Cambodia Airport Investment Firm Issues US$15 million Guaranteed Bond
The Cambodia Airport Investment Co., Ltd (CIAC) has issued US$15 million in a guaranteed bonds for Prince Bank, with the funds to be used for the construction of the New Phnom Penh International Airport in Kandal province. The guaranteed bond is invested in by Prince Bank and guaranteed by the Oversea Cambodia Investment Corporation LTD […]
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France Provides US$23.3 million Loan to Cambodia to Upgrade Irrigation System
The French Agency for Development (AFD) has decided to provide over US$23.3 million in a loan and grant aid to Cambodia to rehabilitate and upgrade irrigation systems in Battambang and Banteay Meanchey provinces. First Secretary of the Embassy of the French Republic in Cambodia Mr Fabrice Έtienne, Director of the French Development Agency (AFD) Oph–lie […]
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Steel Structure Complete for Century Plaza Mall
The steel structure has been completed for the Century Plaza mall in Por Sen Chey district after the construction began almost two years ago in November 2019. The steel structure complete ceremony was held on 3 November under the presence of the Phnom Penh Deputy Governor Nuon Pharat. Mr Pharat said that the completion of […]
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Mortgage Applications Rose by 39% in Q3; Value Increased 53%
The number of mortgage loan applications in the third quarter of 2021 rose by 39% while the total loan value also increased by 56%, compared to the second quarter of the same year, according to a recent report by the Credit Bureau Cambodia (CBC). The same reported added that as of September 2021, the number […]
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France Provides US$500,000 to Improve Cambodia’s Civil Aviation Sector
The French government will provide grant aid of approximately US$500,000 to help improve the civil aviation sector in Cambodia. The announcement was made at the signing ceremony of an agreement between the Secretariat of State for Civil Aviation HE Mao Havannal, Director General of the French Civil Aviation Authority (DGAC) Mr Damien CAZE, and Director […]
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Cambodian Students Propose Drone Usage for Firefighting in Tall Buildings
A group of Cambodian students from the National Polytechnic Institute of Cambodia has proposed using drones for firefighting, especially for tall buildings in Cambodia. The proposal was raised during the meeting between the Minister of Industry, Science, Technology and Innovation (MISTI) and the student group on Tuesday 2 November 2021. According to the students’ presentation, […]
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