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ខ្មែរ 
Toyota Urges Cambodia to Reduce Tariffs on Imported Hybrid Cars
- 13 October 2022
Toyota has urged the Cambodian government to reduce tariffs on imported hybrid vehicles to help Cambodia achieve its carbon neutrality target by 2050, according to a meeting between the Minister of Public Works and Transport HE Sun Chanthol and the representative of Toyota on 11 October. Mr Ryoji Fujita, CEO of Toyota (Cambodia), said his proposal aims at encouraging Cambodians to use more hybr...
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Five Investment Projects Worth US$29.2m Approved for Svay Rieng, Takeo and PP
- 12 October 2022
The Council for the Development of Cambodia (CDC) has issued registration certificates for five investment projects with a total capital of US$29.2m to establish five factories in Svay Rieng, Takeo, and Phnom Penh. These private companies include: The first firm is "GORGEOUS LIGHTS CO., LTD", which will invest US$8.1m to establish a factory to produce lamps, lamps, and lamp accessories, loca...
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Authority Urges People to Not Sell Concessional Land Obtained Via LASED III
- 12 October 2022
A senior official of the Ministry of Land Management, Urban Planning and Construction has urged people not to sell social concessional land obtained from the Land Allocation for Social Affairs and Economic Development Project Phase III (LASED III) in Kbal Damrey commune, Sambo district, Kratie province. H.E Rath Hok, Undersecretary of State of the Ministry of Land Management, Urban Planning and...
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CBRE: Lifting COVID-19 Restrictions Won’t Benefit Real Estate Sector in Short-Term
- 12 October 2022
The lifting of COVID-19 restrictions will have a direct and indirect positive effect on the real estate sector, but not in the immediate term, while the market will not recover to the level of COVID-19 yet, said, experts. CBRE Cambodia Associate Director Kim Kin Kesa explained that the direct impact of the lifting of restrictions is that it is easier for foreign investors to travel to Cambodia,...
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MLMUPC Approves Over 2,800 Construction Proposals in Eight Months
- 12 October 2022
The Ministry of Land Management, Urban Planning, and Construction (MLMUPC) approved 2,811 construction proposals in the first eight months of this year, a decrease of 90 construction proposals compared to the same period last year. The approved construction proposals were valued at US$1.6 billion, a decrease of 56.7 %, according to the Ministry of Economy and Finance’s Socio-Economic Trend repo...
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Small & Medium-Sized Borey Developers Vulnerable to Liquidity Shortages, Projects Facing Delays
- 12 October 2022
CBRE Cambodia has predicted that the borey market is facing more challenges that could put small and medium-sized borey developers in a cashflow crisis and have no choice but to even suspend their constructions. CBRE Cambodia Associate Director Kim Kesa said some small and medium-sized developers may face liquidity shortages leading to construction delays, but not on a large scale. She expla...
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Positive Feedback from Locals for Kulen National Park Development Plan
- 12 October 2022
The Ministry of Environment and Siem Reap Provincial Administration has launched a plan to develop infrastructure and ecotourism zone in the Jayavarman-Norodom or “Phnom Kulen” National Park, while locals have been giving positive feedback toward this project. The official met with over 350 locals affected by this project on 7 October to brief and explain the project. The locals affected by ...
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Chinese Firm in Kratie Produces Gold Ore for First Time, Expecting 60kg in First 3 Months
- 11 October 2022
Chinese firm Xing Yuan Kanng Yeak Co., Ltd. produced 8.2kg of gold ore for the first time on 11 October, with the aim of producing at least 60kg in the first three months of operations. The ceremony to record the first production was attended by the Minister of Mines and Energy Governor of Kratie Province HE Va Thon, as well as other relevant officials. The company recorded gold concentrates...
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Buy Now or Later? CBRE: Bigger Condo Units Gain More Favour from Investors
- 11 October 2022
As condo prices in Cambodia continue to drop, some investors are looking to deploy their capital in this sector, mainly on larger units. According to a recent CBRE report, larger units have gained favor with investors. With prices decreasing, investors have become more interested in larger unit types instead of studio and one-bedroom units. However, the most important question that keeps inv...
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Australia Assists Cambodia in Revising Road Construction Guidelines, Standards, Policies
- 10 October 2022
Australia is helping Cambodia amend and modernize technical standards for road construction and transportation infrastructure through P4I (Partners For Infrastructure) & the Austroads program. The three-day P4I workshop was held on 3-5 October and attended by the Ministry of Public Works and Transport, relevant ministries, and P4I delegates. The purpose of the workshop was to review and ...
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MEF Minister Vows to Speed Up Fundraising to Fix ‘Forever-Damaged Kampot-Veal Renh Road
- 10 October 2022
Deputy Prime Minister and Minister of Economy and Finance HE Aun Porn Moniroth on 7 October inspected the condition of NR3 Kampot -Veal Renh and promised to speed up the request for funding from China while also requesting the company temporarily repairs during the waiting period. On this occasion, the Deputy Prime Minister also approved the three types of techniques that the company proposed t...
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DPM Inspects SHV Wastewater Treatment Plant, Ordering Four Upgrades
- 10 October 2022
Deputy Prime Minister HE Aun Porn Moniroth on 7 October lead a team to inspect the wastewater treatment plant in Sihanoukville, while also making multiple recommendations to modernize and improve the effectiveness of the plant. Spread over an area of 16.2 hectares, the plan has a treatment capacity of 6,900 to 30,000 cubic meters/day. The plant uses the Aerated-Lagoons system, equipped with ...
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