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ខ្មែរ 
FDI in 2021 at US$4.3 billion, 47% drop Y-o-Y
- 29 April 2022
In 2021, Cambodia received a total of US$4,357 million in foreign direct investment (FDI), a decrease of 47 % compared to the amount in 2020 with a total FDI of US$8,250 million. According to the Council for the Development of Cambodia (CDC), FDI from China remains the top one at US$2,326 million, a 67% increase y-o-y. FDI from Singapore and the United States was worth US$121 million and US$...
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PPAP: Construction of Seven River-Based Ports to Cost Approx. US$70 million
- 29 April 2022
The construction cost of the planned seven river-based ports is estimated at over US$70 million in total, or at least around US$10 million, as it varies depending on the condition and location of each port. HE Hey Bavy, Director General of the Phnom Penh Autonomous Port (PPAP), said on 25 April that four of the planned seven ports are already under construction. He confirmed that the constru...
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Construction on US$1.3 billion Kampot Multi-Purpose Port to begin in early May
- 28 April 2022
Construction on a new US$1.3-nillion multipurpose port & logistics centre in Kampot province.is set to begin in early May, according to Minister of Public Works and Transport HE Sun Chanthol. HE Sun Chanthol said on 27 April during the SHV port inspection that the development of infrastructure, roads, railways and ports are very vital, responding to the growth of the country's economy. “...
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Cambodia’s Four Coastal Provinces Receive US$100m for Sustainable Marine Development Projects
- 28 April 2022
A US$100 million fund from the Asian Development Bank (ADB) and French Development Agency (FDA) has been approved for implementing sustainable marine development projects in four of Cambodia’s coastal provinces including Koh Kong, Sihanoukville, Kampot and Kep. ADB will contribute US$70 million including loans and grant aid, while AFD will provide US$30 million. Kep Deputy Governor Vov Sokha...
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Kandal Authorities Establish Special Working Group to Strengthen Waste Management
- 28 April 2022
The Kandal Provincial Administration has established a special committee and sub-committee to strengthen waste management throughout the province and promote a clean, green community. According to the order dated 25 April 2022, the committee has a total of 14 members, chaired by the mayor or district governor. The role is to prepare legal documents and ensure proper waste storage, and raise awa...
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Government, JICA Agree on Loan for SHV Port Expansion Phase 2 & 3
- 28 April 2022
Sihanoukville Autonomous Port, the Ministry of Economy and Finance and JICA have agreed on the loan package for the second and third phases of the Sihanoukville port expansion projects. The loan agreement from JICA to Sihanoukville Autonomous Port comes after JICA provided a US$203 million loan for the first phase of a container terminal expansion project, which is scheduled for completion in 2...
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Stamp Duty Tax Exemption for Property Worth Under US$70,000 Extended to End of 2022
- 28 April 2022
The government has decided to extend stamp duty tax exemption for property worth equal to or under US$70,000 till the end of 2022. The stamp duty tax exemption for houses and condos worth equal to or under US$70,000 will be continued to the end of 2022, as part of the government’s measures to boost economic recovery from the COVID-19 pandemic. According to the statement issued by the General...
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US$40 million Calmette Hospital’s Multipurpose Building 92% Complete
- 27 April 2022
Construction of the Calmette Hospital US$40-million multipurpose extension building has reached 92% completion as of April this year, according to the site inspection by Health Minister HE Man Bunheng on 27 April. HE Man Bunheang said that this building is a major development in the health sector transforming Calmette into a modern and more qualified hospital to compete with neighbouring countr...
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ELT, Pointer Join Hands Developing New Large-Scale Innovative Residential Project in Southern Phnom Penh
- 27 April 2022
Two renowned key real estate players—ELT Development and Pointer Property –have joined hands to develop a new residential development in the southern part of Phnom Penh along Hun Sen Blvd, namely Borey ELT Courtyard 60m. ELT Development is a reputable company and has been actively involved in building human resources and education in Cambodia for over 20 years since 1994, while Pointer Property...
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GDT to Send Property Tax Bills to Taxpayers’ Homes Annually to Encourage On-Time Payment
- 27 April 2022
The General Department of Taxation (GDT) is planning to issue annual property tax invoices, just like water and electricity bills, and send them to taxpayers’ homes, to increase the efficiency of property tax collection. The remarks were made by HE Kong Vibol, GDT Director-General on 26 April 2022. "We are advising the units under GDT to issue the property bills and send them to each taxpaye...
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MPWT Launches Cambodia’s Third Charging Station in SHV
- 27 April 2022
The Ministry of Public Works and Transport (MPWT) has launched the kingdom’s third EV charging station at Furi Time square mall in Sihanoukville. The ceremony was presided over by MPWT Minister HE Sun Chanthol, UNDP representatives, and other relevant officials. Funded by UNDP, this EV charging station was launched after the first EV one opened at MPWT headquarters in March and the second on...
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Bentley Systems Calls for Nominations for 2022 Going Digital Awards in Infrastructure
- 27 April 2022
Bentley Systems, the infrastructure engineering software company, has announced its call for nominations for the 2022 Going Digital Awards in Infrastructure. This juried awards program celebrates the most exemplary projects that represent going digital advancements in infrastructure. The deadline for nominations is May 23, 2022. The Going Digital Awards in Infrastructure categories include: ...
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