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ខ្មែរ 
Understanding the 3 Authentic Deed Forms for Real Estate Sale & Purchase in Cambodia
- 9 June 2022
Have you ever noticed the forms of sale and purchase contracts for land or houses? All of these forms are called “Authentic Deeds”. According to Article 9 of the Law on The Implementation of Civil Code, sale and purchase contracts or gift contracts must be written in the form of authentic deeds to have the effect of a contract in order to transfer ownership of the real estate. So, the real e...
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MME Announces Recruitment of Consultants for Monitoring Construction of 60-MW Solar Project in Kampong Chhnang
- 9 June 2022
The Ministry of Mine and Energy (MME) has announced a plan to recruit independent engineering companies (Consultants) to monitor and inspect the 60-MW solar project located in Kampong Chhnang province, according to Invitation Letter No.1497 on 08 June 2022. Any interested company can contact to General Department of Energy of MME and must submit its proposal before 10 am on 17 June 2022. On ...
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MEF Cooperates with KDI Studying Cambodian Real Estate Market Risk
- 9 June 2022
The Ministry of Economy Finance (MEF) in cooperation with the Korean Development Institution (KDI) has been studying to form a policy for checking Cambodian real estate risk to assess real estate and construction market risk in Cambodia, according to a discussion workshop on 26 May 2022. This study project has been launched on 1 April 2022 under the Knowledge Sharing Program (2021-2022). Acc...
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Koh Kong to Distribute Land Titles to People Under Union Development Land Exchange
- 8 June 2022
The Koh Kong Provincial Administration will distribute land titles to people who have received compensation from Union Development Co Ltd in Ta Noun and Thmor Sor communes, Botum Sakor district, Koh Kong province. According to the announcement of the provincial administration issued on 08 June, the villagers in Thmor Sor and Ta Nuon communes, Botum Sakor district, Koh Kong province, who own the...
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Expressway Postponed to September as Construction 93% Complete
- 8 June 2022
The opening of Cambodia's first expressway project between Phnom Penh and Sihanoukville has been postponed from July to September, with 93% of construction completed by the first week of June. The Ministry of Public Works and Transport asked the company to speed up construction work to ensure that future pilot projects meet the plan. BTV quoted HE Yin Bunna, Secretary of State of the Ministry, ...
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China Provides Assistance to Upgrade Ream Navy Base
- 8 June 2022
China has provided assistance for the upgrade of the Ream Navy Base in Preah Sihanouk province contributing to the modernisation of the Cambodian Navy. The ground-breaking ceremony was held on 08 June under the auspices of Samdech Pichey Sena Tea Banh, Deputy Prime Minister and Minister of National Defence, and Mr Wang Wentain, Chinese Ambassador to Cambodia. Speaking at the ceremony, Samdec...
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Phnom Penh Recorded 310 Boreys &1,603 High-Rise Buildings by Start of 2022
- 8 June 2022
At the start of 2022, Phnom Penh recorded a total of 310 Borey & apartment projects and1603 high-rise buildings, of which 225 have more than 20. These statistics were according to Phnom Penh Municipal Governor, HE Khoung Sreng, at the official opening of Prince Times Square on 07 June 2022. The governor continued that despite the COVID-19 crisis in 2021, Phnom Penh still received 1,050 n...
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Cambodia-Australia officially announces New Regulations on Health and Safety for construction sites
- 7 June 2022
New regulations on health and safety at construction sites have been officially announced to save lives at construction sites. These regulations have been announced on 7 June 2022 under HE Leang Monirith, Secretary of State of the Ministry of Land Management, Urban Planning and Construction and Mr Robin Flint, First Secretary of the Australian Embassy in the Kingdom of Cambodia. They were joine...
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Hong Kong’s famous floating restaurant sunk after bankruptcy
- 7 June 2022
A famous three-story floating restaurant on a lake in Hong Kong sunk after its owner went bankrupt. Floating for four decades on Aberdeen Harbor Lake, Jumbo Floating Restaurant has been under financial turmoil for more than two years, with the owner unable to continue operating. Classic Chinese style, the floating restaurant is not only a place to serve traditional Chinese food but also an a...
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NBC, National Institute of Statistics Oofficially Launches Residential Property Price Index
- 7 June 2022
The National Bank of Cambodia and the National Institute of Statistics of the Ministry of Planning have officially launched the Residential Property Price Index, which is measure and determines specific real estate and construction appraisals as a basis for banking institutions to avoid risks. The launching ceremony of the Residential Property Price Index was held on June 6 in the presence of H...
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Cambodia, World Bank Discusses Strategy to Reduce Logistics Costs in Cambodia
- 7 June 2022
The Ministry of Economic and Finance and the World Bank discussed developing strategies to reduce logistics costs and create a more efficient transportation and logistics system in Cambodia. The discussion took place in a meeting between HE Vongsey Visoth, Minister Delegate to the Prime Minister and Secretary of State for the Ministry of Economy and Finance, and Cordula Rastogi, World Bank’s Se...
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Royal Government Creates Special Working Group to Study National Building Technical Regulations
- 4 June 2022
The royal government of Cambodia has created the National Council for Building Technical Regulations to study and develop effective and sustainable regulations in accordance with article 11 of the Law on Construction. Created by Sub-decree 103 dated 31 May 2022, the national council has 26 representatives of relevant ministries/institutions and the private sector as members, chaired by the Mini...
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