Boeng Prek Lapov in Takeo Province to be Listed as Ramsar Site
The Ministry of Environment has prepared to list the wetlands of Prek Lapov Lake in Takeo province as a Ramsar site due to its natural benefits to both rare species of animals and local people. HE Neth Pheaktra, Secretary of State and spokesperson at the Ministry of Environment, said on 17 July that listing a […]
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Family-Friendly Lennar Community on Florida’s Fantastic Gulf Coast
Golden Gate Global works closely with Lennar to offer real estate investors exclusive opportunities for U.S. home purchases through Lennar’s extensive inventory of residential communities in 21 states of the USA. Demand for U.S. real estate among Asian investors has steadily increased in recent years. Cambodian investors can now buy homes in the Lennar community […]
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What is Timeshare? – What Are The Differences Between Timeshare & Condotel?
Timeshare investment is the division of ownership of a unit in a hotel or resort into smaller parts/shares so that investors can purchase shares at an affordable price. Shares are divided based on usage time, typically in one-week increments. Thus, with 52 weeks a year, the property will have a total of 52 shares. For […]
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Researchers Unveil New Study Using Plastic Waste Instead of Sand in Concrete
Researchers have recently unveiled a new technology by using plastic waste as the substitute for sand in concrete mixing, which is more cost-effective and environmental-friendly, reported the BBC. Cambridge University lecturer Dr John Orr has found that plastic waste can be sorted, cleaned, shredded and crashed into a sand alternative for use in concrete. “We […]
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New Ecotourism Development Project Proposed for Prey Nob District, Sihanoukville
A private firm Eco Beach Development together with the Boeung Chum fishing community have proposed to invest in developing a new ecotourism project in Prey Nob district in Sihanoukville. The proposed project is located in Sre Cham Krom village, O’Chrov commune in Prey Nob district, according to the firm’s representation during their online meeting with […]
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Pandemic Dries Off US$3.6 bn in Investment Financing – Construction Sector FDI Inflow Drops by 10.6%
The COVID-19 pandemic crisis has reduced over US$3.6 billion in investment financing in Cambodia, or equivalent to 19.8% of total cash flow for 2020. In the meantime, FDI inflow to the construction and real estate sectors also dropped significantly by 10.6%. According to a press release from the United Nations Development Program (UNDP) in Cambodia […]
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URBANLAND Partners with banks for faster loan processing and better payment plans
Award-winning local real estate developer Urbanland, a member of ISI GROUP, has signed a series of Memorandum of Understandings (MoU) with BRED Bank, CIMB Bank, and J Trust Royal Bank for their latest residential Borey project Chankiri Palm Creek. These partnerships will enable Borey Chankiri homebuyers to enjoy the benefits of faster home loan processing […]
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Ground Broken on New Road Connecting Three Communes in Kampong Cham Province
The Kampong Cham provincial administration has officially broken ground on the new 27km DBST road connecting three main communes in Kang Meas district, Kampong Cham province. The road starts from Beong Trav village in Sour Kong commune, passing through Reay Pay commune, then ends at the Anlong Kokir Bridge in Preaek Koy commune, Kang Meas […]
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ADB-funded US$12-million Pursat Infrastructure Development Project Over 64% Complete
The Asian Development Bank (ADB)-funded US$12.9-million sewage system and solid waste landfill development projects in Pursat province are on average over 64% complete and set for final completion soon, according to relevant officials last week. Being built by Kiri Dang Rek Company, the overall sewage system development is over 62% complete as of July. Thus […]
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Cambodia Mulls Establishing Nuclear Centre with Assistance from China & Russia
The Cambodian government plans to establish a nuclear information centre to raise awareness and take advantage of nuclear energy to serve socio-economic development with assistance from China & Russia. Minister of Environment and Chairman of the National Council for Sustainable Development HE Say Sam Al said on Sunday 18 July that Cambodia has already signed […]
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Ground Broken on National Construction Laboratory
The construction of the National Construction Laboratory has officially begun as a ground-breaking ceremony was held this morning under the presence of the Minister of Land Management, Urban Planning and Construction HE Chea Sophara. According to the ministry, the building will be built within the new ministry complex located on Street 307, in Anlong Kgan […]
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Cambodia Selecting Best Villages to Join UNWTO’s ‘Best Tourism Villages’ Competition
The Ministry of Tourism is selecting the three best villages from a group of 100 villages nationwide for the `Best Tourism Village` competition of the United Nation’s World Tourism Organization (UNWTO). The government has decided to select its best villages under the procedure of the Clean City contest, according to the statement of the Council […]
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