English 
ខ្មែរ 
Cambodia to Increase Clean Energy Mix by 35% in 2050
- 18 October 2022
Cambodia has vowed to increase its clean energy mix by 25% by 2030 and 35% by 2050 while also adopting a long-term carbon-neutral strategy. HE Van Monineath, Director General of the General Department of Policy and Strategy of the Ministry of Environment, gave the statement in a roundtable discussion on the “Pathway for Sustainable Energy Transition in Asia and Pacific” on 12-14 October in Mosc...
Read More
AEON Mall 3 Set to Open Soon
- 18 October 2022
The under-construction AEON Mall 3 located in the southern part of Phnom Penh is expected to open soon, as construction is reaching 100% completion. The firm has not officially announced the opening date but has begun hiring staff with urgent status on the recruitment document. Located in Chak Angre commune, Meanchey district, this project is being built with an investment of US$290 million ...
Read More
Expert: Real Estate Market in Cambodia Needs Three More Years to Recover to Pre-Pandemic Level
- 18 October 2022
Despite the slowdown of the international economy, the real estate sector in Cambodia remains robust with a gradual positive recovery, expecting to reach pre-COVID levels within the next three years, according to Managing Director of PropNex Cambodia Thida Ann. Ms Thida explained that despite the challenges, the Cambodian economy is still growing at around 5% - 10% each year, which is a good fi...
Read More
Two Investment Projects Worth US$11.3m Approved for K.Speu, and Kandal province
- 18 October 2022
The Council for the Development of Cambodia (CDC) has decided to issue a registration certificate for eight investment projects with a total capital of US$ 11.3m to establish two factories in Kampong Speu and Kandal province. These private companies include: The first firm is J-STAR GARMENT (CAMBODIA) CO., LTD, which will invest US$5.8 to establish a garment factory located in Ang Rong villa...
Read More
MoE to Conduct More Education on Environmental Awareness
- 17 October 2022
The Ministry of Environment has pledged to educate more locals on environmental awareness, admitting that the local populace is the most important protective shield of the environment. Minister of Environment HE Say Sam Al said during a conference on 12 October that local people play a major role in helping Cambodia preserve the forest and other protected areas, but only if they are trained to ...
Read More
Differences between pledge and transfer of title for security
- 17 October 2022
Pledge (pawning) and transfer of title for security are somewhat similar in the act that the debtors use their property as collateral to borrow money from creditors under an agreed period and interest rate. However, there are some differences that frequently cause trouble for debtors and creditors. Pledge or pawning can be done with collateral that is both movable and immovable properties. I...
Read More
115ha on Ta Prom Island to be Transformed to Mixed-Use Development
- 17 October 2022
The Council of Ministers has given a permit to Ta Prohm Investment Co., Ltd. to develop 116 hectares of land on Ta Prohm Island in Sangkat Prek Eang, Khan Chbar Ampov into a new development zone. According to letter No. 821 of the National Assembly dated 23 September 2022, the company will develop Ta Prom Island into a mixed economic zone, a residential area, and a satellite city. The Phnom ...
Read More
Local firm signs MoU with Thai Corp importing robots to Cambodia for multiple industries
- 17 October 2022
Local company AZ Group has signed an MoU with Thai company TKK Corporation to import automated robots into Cambodia for usage in various sectors from industry, and service, to construction and property. Under this MoU, the two firms will set up a new business sector that imports Hi-Tech Robotic Systems and integrated platforms consisting of Service Robot, Industrial Robot, and Cira Core Technol...
Read More
2023: Good Time for Investing in Real Estate?
- 15 October 2022
A leading real estate expert has predicted that 2023 will be a good year to invest in real estate for those who have high capital and expect long-term returns, as property price in 2023 is expected to rise much compared to 2022. CBRE Cambodia Associate Director Kim Kin Kesa said that in 2023, potential investors should look to invest in land in areas with long-term development potential. "Th...
Read More
MPWT Vows to Complete Study on New Waterway Connecting PP-Kampot in Early 2023
- 14 October 2022
The Ministry of Public Works and Transport (MPWT) has pledged to complete the feasibility study on a new waterway connecting Phnom Penh to Kampot through Tonle Bassac by 2023. MPWT Minister HE Sun Chanthol said on 14 October that the Tonle Bassac Navigation and Logistics Study Project is under review and discussion with the China Bridge and Road Corporation (CRBC) and the experts of CCCC Water ...
Read More
Vietnam, Cambodia Speeds Up Study on Railway Connecting Phnom Penh & Ho Chi Minh
- 14 October 2022
Vietnam has urged Cambodia to speed up the feasibility study of a direct railway connecting Phnom Penh and Ho Chi Minh City. The discussion on this project was raised during the meeting between MPWT Minister HE Sun Chanthol and Vietnam Ambassador to Cambodia HE Nguyen Huy Thang on 12 October. The meeting was held to strengthen ties and cooperation in the field of transport infrastructure to ...
Read More
Techo International Airport Construction 40% Complete While Five Banks Invest US$23m
- 14 October 2022
The construction of Techo International Airport (TIA) is now 40% complete as of October as the work is scheduled to finish in 2024. The Cambodia Airports Investment Corporation (CAIC) updated the construction process at the signing ceremony of TIA guaranteed bond investments on 14 October. (Read more) Cambodia Airports Investment Corporation (CAIC) is a joint venture between the Royal Govern...
Read More