English 
ខ្មែរ 
Land Ministry Prohibits Construction & Demolition Work Without Permission
- 3 March 2022
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has strongly prohibited all construction companies from entering into construction contracts with any owners that have not yet received a construction permit, repair permit, demolition permit and construction site opening permit from the competent authorities. According to the notification letter dated 2 March 2022, this ...
Read More
PM Orders Relevant Ministries for Request Permission Before Using Expropriation Law
- 3 March 2022
Prime Minister Hun Sen has ordered the relevant authorities and ministries to ask for permission or approval before deciding to implement the Law on Expropriation, whereby the government can claim private land for public infrastructure development. PM Hun Sen made the order on 2 March during the inauguration ceremony of NR3. “The Law on Expropriation is generally enforced in cases where peop...
Read More
Gov’t selects location for Svay Chrom bridge: Night Market-Chroy Changva- Arey Ksat
- 2 March 2022
The government has already selected the location for the Cambodia-Korea Friendship Bridge, which starts from the night market connecting to the Chroy Changva area and then Arrey Ksat with two bridges to be built. The decision is an initial selection and is not yet publicly announced, but was made by PM Hun Sen following the completion of the study proposed by South Korea with options, according...
Read More
Construction begins on New ADB-funded US$10 million Beachfront Road in Kep
- 2 March 2022
The construction new 12km beachfront concrete road in Kep province officially began with the groundbreaking ceremony presided over by Kep Governor HE Som Piseth on Tuesday 1 March. This new road connects Koh Tonsay tourist port to NR1332 in the Damnak Chang Eur district. The project is being built with an ADB’s financing of US$10 million with a completion schedule in October 2023. This proje...
Read More
Gov’t Spends Approx. US$60m for Impact Resettlement of Ring Road 3
- 2 March 2022
To date, the Cambodian government has spent a total of US$60 million to manage the impact resettlement of the Ring Road 3 project, while construction is expected to be completed one year later than scheduled also due to the impact resettlement issue. PM Samdech Hun Sen said during the NR3 inauguration ceremony on Wednesday 2 March that the government has allocated the budget 32 times to deal wi...
Read More
Urbanland Partner Banks Offering Up To 100% Home Loan with Low Interest Rate of 4.39%
- 2 March 2022
Award-winning local real estate developer Urbanland, a member of ISI Group, has updated and entered into Memorandums of Understanding (MoU) with CIMB Bank and Bank of China, respectively, for their latest residential borey project, Chankiri Palm Creek. Homebuyers at Chankiri can now borrow up to 100% of the purchase price of a home from CIMB Bank, with only 80% previously available. Additionall...
Read More
PM Hun Sen: Cambodia Shifts Focus From Quantity to Quality for Road Construction
- 2 March 2022
The Cambodian government has changed its strategy from building roads by focusing on quantity and long-distance to building roads with long-lasting quality despite more capital being needed. Speaking at the inauguration ceremony of the NR3 on 2 March, Cambodian Prime Minister Samdech Hun Sen said that the construction of quality roads is in response to the increase in personal vehicle traffic a...
Read More
Draft Automotive & Electronics Sectors Roadmap Completed, Under Discussion with Stakeholders
- 2 March 2022
The drafts of the automotive and electronics sectors roadmaps have been completed and are under discussion and review by supporting stakeholders and investors. The draft roadmaps were discussed on 1 March among eight ministries/agencies, with support from the UK government's Accelerated COVID-19 Economic Support (ACES) programme in partnership with the Boston Consulting Group (BCG) to seek thei...
Read More
Japan Provides Grant Aid to Develop Infrastructure in Three Provinces
- 2 March 2022
Japan has provided a total of US$527,122 grant aid through the KUSANONE program for the construction of bridges in Kandal and Kratie, and irrigation facilities in Banteay Meanchey. The grant contracts were signed on 1 March between Japan Ambassador to Cambodia Mikami Masahiro and the representatives of the three recipients respectively, to carry out the following projects. The first project ...
Read More
134km NR3 Connecting Phnom Penh to Kampot Officially Inaugurated on 2 March
- 2 March 2022
The 134km long section of Phnom Penh - Kampot NR3 was officially inaugurated on Wednesday 2 March 2022, after the construction was completed and put into temporary use since July 2021. The inauguration ceremony was presided over by Cambodian Prime Minister Samdech Hun Sen and Chinese Ambassador to Cambodia HE Wang Wentian. The project was constructed by China Bridge and Road Corporation (CRB...
Read More
Construction & Real Estate Share 18% of Total Credit of US$38 Billion
- 1 March 2022
Total loans from commercial banks and specialised banks to customers was recorded at US$38.6 billion as of the end of 2021, a year-on-year increase of 24.4%. Credit to construction and real estate activities were cumulatively at US$6.93 billion, or 18% of the total. The National Bank of Cambodia's latest report has shown that credit to construction was US$3.58 billion, or 9.3% of the total cred...
Read More
Sailun Group Injects US$268m More on All-Steel Radial Truck Tyre Production Plant in Svay Rieng
- 1 March 2022
Chinese tyre manufacturer, Sailun Group, plans to set up an all-steel radial truck tyre production plant in addition to its existing tyre manufacturing facility in Cambodia, investing an additional US$268 million. The company is targeting production of 1.6 million tyres per year, for exports to the U.S. and Europe, according to a media report on the IR Journal's report on 28 February. The ne...
Read More