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ខ្មែរ 
Cambodia Urges Chinese Firm to Expand Real Estate Investment in Cambodia
- 21 October 2022
The Ministry of Commerce has asked Sunwah Property (Cambodia), a subsidiary of Hong Kong-based Sunwah Group, to expand its investment in the real estate sector in Cambodia besides other successful businesses the firm operating in Cambodia. The request was made by HE Kem Sithan, Permanent Secretary of State of the Ministry of Commerce, in a meeting with the delegation of Sun Wah Property (Cambod...
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Cambodia-Korea Friendship Arey Ksat Bridge in Phnom Penh to be Built in 2023
- 21 October 2022
The Cambodia-Korea Friendship Bridge crossing the Mekong River from the night market to Chroy Changva and Arey Ksat, is set to begin construction in 2023, according to HE Khuon Sodary, Second Vice President of the National Assembly. HE Khuon Sodary said during a meeting with a delegation from Kyungyu, Republic of Korea, on 19 October that construction of the new Cambodia-Korea Friendship Bridge...
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PM: Residents of Run Ta Ek to Get Full Hard Titles, Not Social Concessional Titles
- 21 October 2022
People who relocated from Angkor Park to Run Ta Ek and Peak Sneng will receive full hard title deeds, not social concessional ownership documents, according to Samdech Prime Minister Hun Sen. PM Hun Sen gave this order during the site inspection on 21 October, asking the Ministry of Land to conduct the systematic land registration and issue hard titles for people after they moved in. "I thin...
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ADB provides more than US$ 32m in financing for border welfare
- 20 October 2022
The Asian Development Bank (ADB) has approved $ 32.5 million in financing to improve access to quality health care in Banteay Meanchey, a border province in northwestern Cambodia. This is according to the press release on October 20, 2022, of the Asian Development Bank. This border area is an area where migrants leave and return, as well as a location for job seekers in the province's special e...
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CCA urges Japan to help enhance standard of construction contract in Cambodia amid challenges
- 20 October 2022
The Cambodian Constructors Association (CCA) has asked Japanese experts to share their experiences and help strengthen the quality of construction contract standards in Cambodia, while also encouraging Japanese investors to invest more in the construction sector. The proposal was made during a meeting between the CCA and a subsidiary of Japan's MUFG on 17 October. During the meeting, the Jap...
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CCA to cooperate with SDF organizing construction-related training courses
- 20 October 2022
The Cambodia Constructors Association is planning to seek funds from Skills Development Fund (SDF) to organize construction-related training courses for members and the public in the near future. Representatives of CCA and SDF held a meeting on 11 October to discuss the procedure of requesting funds and other detailed requirements required to organize the training course. The Skills Developm...
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Construction of Siem Reap-Angkor International Airport Project 44% Complete
- 20 October 2022
The construction of Siem Reap-Angkor International Airport was 44% completed by the end of September 2022, as the company is accelerating work to meet the deadline by March 2023. HE Sin Chansereyvutha, Under-Secretary of State and spokesman for the Secretariat of State for Civil Aviation, said on 20 October that the company is continuing construction as planned. "The company is proceeding as...
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PPAP Earns Over US$30m in Revenue in First 9 Months of 2022, a 21% Increase Y-o-Y
- 19 October 2022
During the first nine months of 2022, the Phnom Penh Autonomous Port earned over US$30 million in revenue before auditing, an increase of 21% compared to the same period in 2021. According to the press release on 7 October, the total revenue came from port operation revenue of US25 million revenue, from the port authority of US$3 million, revenue from other services of US$212,287, and other rev...
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Booyoung Khmer Mulls Establishing Fintech University in Cambodia
- 19 October 2022
The president of the Booyoung Khmer Co., Ltd expressed his strong interest in opening a university focusing on tax and financial technology (Fintech) in Cambodia in the near future. The proposal was raised during a meeting between Mr Lee Joong Keun, President of Booyoung Group of the Republic of Korea, and HE Aun Porn Moniroth, Deputy Prime Minister and Minister of Economy and Finance on 18 Oct...
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First Chinese ‘Electric Flying Car’ Takes Off in Dubai
- 19 October 2022
An "electric flying car" built by Chinese firm Xpeng Inc took off for the first time in the United Arab Emirates on 11 October with the plan to expand the product to international markets. According to Reuters, the flying car is called X2, which is a two-seater electric vertical take-off and landing (eVTOL) aircraft. X2 is lifted by eight propellers - two at each corner of the vehicle. The a...
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Kampot to Build New 2,000m Beachfront Public Park in Tuek Chhou District
- 19 October 2022
Kampot Provincial Governor HE Mao Thanin unveiled a project to build a new beachfront public park, stretching over 2,000 meters long at Kampong Bay canal in Teuk Chhou district. HE Mao Thanin said during the site inspection on 18 October that the Kampot Provincial Administration has been studying the project, which is a new achievement of the province. According to the plan presented by the ...
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Construction of New Road Connecting NR4 to Bokor Mountain 55% Complete
- 18 October 2022
The construction of the new road connecting Bokor National Park to National Road 4 is 55.55% complete, or equal to the completion of 15km, according to the inspection by Oknha Sok Kong recently. This project was built with the support of two well-known tycoons, Oknha Sok Kong and Okhna Mong Reththy. This road is 27 kilometers long and connects NR4 at km158 + 200 towards Bokor Mountain throug...
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