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ខ្មែរ 
Vietnam to Open World’s Longest Glass Bridge for Tourists in by Late April
- 23 April 2022
A 632-metre-long glass bridge, the world's longest is scheduled to open in Vietnam’s Moc Chau town for tourists this upcoming 30 April, according to the VN Express. Located in the Moc Chau Island tourist area in Son La Province, around 200 kilometres from Hanoi, the Bach Long bridge is reaching completion. Once completed and open, this bridge will win over the current world's longest and hig...
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Cambodia Needs US$17 Billion for General Industrial Development Until 2024
- 22 April 2022
The Cambodian government needs some US$17.5 billion to invest in the “general industrial sector” for 2022-2024, according to a report on the Three Year Rolling Public Investment Program 2022-2024 from the Ministry of Planning. Broken down by years, the general industrial sector will demand US$5.3 billion in capital investment in 2022, US$5.9 billion in 2023, and US$6.2 billion in 2024. The r...
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FTB Breaks Ground on New US$112 million Headquarters “FTB Tower”
- 22 April 2022
Foreign Trade Bank of Cambodia (FTB) in collaboration with MSNH Investment Co., Ltd (MSNH) has announced the start of construction on its new headquarters named “FTB Tower”. The groundbreaking ceremony was held on 22 April and presided over by HE Chea Sophara, Deputy Prime Minister and Minister of Land Management, Urban Planning and Construction. With a total gross floor area of 77,593 squar...
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Feasibility Study on Upgrading Railways to High-Speed Finished in Three Months
- 22 April 2022
The feasibility study for upgrading two existing railways— Phnom Penh-Poipet and Phnom Penh-Sihanoukville— to high-speed lines is set to be completed in the next three months, according to the Ministry of Public Works and Transport (MPWT). MPWT Minister HE Sun Chanthol updated the study progress of this project during an online meeting with his Thai counterpart HE SaksayamChidchob, on Thursday ...
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New US$8.6 Million Investment Project Approved for Pou Senchey District
- 22 April 2022
The Council for the Development of Cambodia (CDC) has given a permit to QMDJ (CAMBODIA) CO., LTD to invest US$8.6 million in building a garment factory in Phnom Penh’s Pou Senchey district. According to a CDC announcement on 21 April, the new investment will help create approximately 500 jobs for locals. In the first two months of 2022, from January to February, the CDC approved a total of 3...
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Tax Obligations for Condos Under Construction
- 21 April 2022
During the COVID-19 pandemic crisis, construction on many condo projects was delayed or suspended. Are these under-construction condo projects subject to property tax? According to officials from the General Department of Taxation (GDT) during the Q&A Facebook live session on 21 April, whether or not the condo project is subject to tax depends on two conditions. By law, condos, or any co...
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GDT: Register Unused Land Before End of 2023 to Get Three Tax Incentives
- 21 April 2022
The General Department of Taxation (GDT) has called on owners of unused land to register their tax obligations before 2023 to get tax incentives. Tax officials said in the online seminar on 21 April that owners who hold soft titles will get three incentives when coming to register their property for the first time. First, the tax will be collected only for the latest year of occupation by ex...
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Revenue From Stamp Duty Tax in Q1 at US$55.7 million, Up By 35% Y-o-Y
- 21 April 2022
Revenue from stamp duty tax on property transfers was recorded at approximately US$55.7 million in Q1 of 2022, an increase of 35% compared to the same period last year. The figure was presented at a monthly meeting chaired by HE Kong Vibol, Director General of the General Department of Taxation (GDT), on 19 April. During the first quarter, GDT collected a total of approximately US$1.2 billio...
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PM: Infrastructure One Among Six Boosters Behind Cambodia’s Economic Recovery
- 21 April 2022
Cambodian Prime Minister Samdech Hun Sen said that the well-connected infrastructure across the country is one of the other six main drivers of economic recovery and the success of the Khmer New Year celebration. During the new Phnom Penh flood prevention system inauguration ceremony on 20 April, PM Hun Sen said the six factors behind the happy travel during the new year are peace, infrastructu...
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Cambodian Gov’t Shifts Focus to Climate Resilient Infrastructure Development
- 20 April 2022
The Ministry of Public Works and Transport (MPWT) has unveiled three action plans to reduce risks and disasters in the transportation sector through the quality improvement of infrastructure development. MPWT Secretary of State HE Chuon Vin said during the progress follow-up meeting on Tuesday 19 April that one of the most important actions is to build climate-resilient transport infrastructure...
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New Concrete Bridge Connecting Pak Klang & Koh Yor in Koh Kong Planned
- 20 April 2022
The government has decided to build a new concrete bridge connecting Pak Klang commune to Kor Yor in Koh Kong province, replacing the old steel bridge to facilitate the travel of people and tourists. Prime Minister Samdech Hun Sen unveiled the project during the inauguration of a new flood protection system Phnom Penh on Wednesday 20 April. The new concrete bridge will be built and funded by...
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US$34-million Japan-Funded Flood Protection & Drainage System Inaugurated
- 20 April 2022
A US$36-million Japan-funded flood protection and drainage system phase 4 in Phnom Penh has been officially inaugurated, playing a vital role in urban development in the capital. The inauguration ceremony was held on 20 April under the presidency of Samdech Prime Minister Hun Sen. The project took 36 months to be constructed, starting from December 2018. The full system includes the const...
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