Korea Provides US$ 2.5M Cambodia to build Occupational Safety and Health Training Center
The Korea Occupational Safety and Health Agency (KOSHA) and the Ministry of Labor and Vocational Training have signed an agreement to implement the establishment project of an occupational safety and health training centre for 3 years (2022-2024), which is worth over US$2.5 million, according to the meeting on 29 June 2022. In addition to the centre’s establishment, the Republic of Korea has im...
Read MoreCDC Approves A New project in Kampong Speu Worth US$3.5M
The Council for the Development of Cambodia (CDC) has approved a private company to invest about $ 3.5 million in Kampong Speu province. This project is invested by HAO JIA LI (CAMBODIA) GARMENT CO., LTD To establish a garment factory with an investment location in Bosta village, Kaheng commune, Samrong Tong district, Kampong Speu province. According to the Council for the Development of ...
Read MoreCCA to Host Business Network Event after Postponed Due to Pandemic
The Cambodia Constructors Association (CCA) has decided to host its business network event on 08 July 2022, after being delayed during the COVID-19 pandemic. Scheduled to be held at the Koh Pich City under the main sponsor by OCIC and co-sponsor by Taing Cheng Oing Construction & Import-Export, and HTS Water Pipes. The event will be joined by CCA members, construction companies, and other k...
Read MoreCLA, TIAFF, LIAFF Discuss Freight Cost of Train from China to Laos toward Cambodia Across Thailand
Cambodia Logistics Association (CLA), Thai International Freight Forwarders Association (TIFFA), and Lao International Freight Forwarders Association (LIFFA) had discussed on new freight cost of trains from China to Lao toward Cambodia across Thailand, according to the three-day meeting on June 21-23, 2022 in Thanaleng Dry Port, Laos. Director of CLA, Oknha Sin Chanty told Construction and Prop...
Read MoreThe project of environmental management and improvement around Tonle Sap Lake in Pursat 90% complete
The project to improve the management of the urban environment around the three Tonle Sap for the geography of Pursat has completed more than 90% of the construction work, according to the Pursat Municipality administration on June 28, 2022. HE Chiao Tay, Governor of Pursat Province, cit that this is another new achievement that makes the province change its face from day to day, especially to ...
Read MoreMondulkiri Provincial Department of Cadastre Issues Over 4,000 Titles
As of June 2022, the Mondulkiri Provincial Department of Land Management, Urban Planning, Construction and Cadastre had registered and issued more than 4,000 land titles to citizens, and the remaining 2,000 lots will be registered as planned, according to the General Department of National Radio on 27 June 2022. Director of the Mondulkiri Provincial Department of Land Management, Urban Planning...
Read MoreTourism Master Plan to Transform 30-Island Ecotourism Community
The master plan for the development of the Koh Samsip (30 Island) ecotourism community for five years 2022-2026 will transform the ecotourism community into an attractive area in Kratie province. The dissemination workshop of the master plan for the development of the ecotourism community for five years 2022-2026 was held on 28 June 2022 in the presence of Kratie Deputy Governor Ms Kham Sopheap...
Read MoreKampong Chhnang Province Prepares Three Land Zones
The Kampong Chhnang Provincial Land Management Committee has prepared a plan to cut the land into three zones in Kampong Chhnang province. The Kampong Chhnang Provincial Land Management Committee held a meeting on 23 June chaired by Mr Sann Yu, Deputy Governor of Kampong Chhnang Province to review the progress of the plan to cut the land into three zones for the people in the province. Mr Ly...
Read MoreCOVID-19 Techo Santepheap Medical Centre 30% Complete
Construction of the COVID-19 Techo Santepheap Medical Centre is currently 30% complete and is on schedule for completion by June 2023, according to an inspection of progress by HE Professor Morm Bun Heng, Minister of Health, accompanied by Dr Yok Sambath and HE Khuong Sreng, Governor of Phnom Penh on 24 June 2022. Dr Yok Sambath urged the construction company to speed up the construction to be ...
Read MoreWalmart to Raise Orders of Cambodian Products
US retail company Walmart will increase orders of Cambodian garments and footwear products in the upcoming year and will also start buying other products, Anbinh Phan, Director of Global Government Affairs at Walmart, recently told HE Ith Samheng, Cambodian Minister of Labour and Vocational Training, in a virtual meeting. The two sides discussed the purchase orders of Cambodia-made products tha...
Read MoreAs of Q1 of 2022, CDC Approves 47 Investment Projects, a 6.8% Increase Compared to the Same Period in 2021
As of the first quarter of 2022, the Council for the Development of Cambodia (CDC) had approved 47 investment projects, an increase of 3 projects, equivalent to 6.8%, with a total capital investment of US$2,520.6 million which increased by 14. 2% compared to the same period in 2021, according to the First Quarter 2022 Cambodian Economic and Financial Statistics Bulletin. There were only four in...
Read MoreAs of Q1 2022, Construction Loans increased by 21.5%, Real Estate by 37.2%, Compared to Q1 2021
As of the first quarter of 2022, commercial banks have provided approximately 15,967.91 billion riels of loans for the construction sector which represents an increase of 21.5% compared to the first quarter of 2021, according to the First Quarter 2022 Cambodian Economic and Financial Statistics Bulletin Meanwhile, loans for real estate trading have been provided for about 15,867.03 billion riel...
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