RMA Launches New Tractor & Heavy Equipment Sales Branch in Kampong Thom
Advertorial RMA Cambodia has inaugurated a new sales branch in Steung Sen district of Kampong Thom province to expand the market and improve the quality of service to customers. Held on 26 March 2022, the launching event was attended by RMA Cambodia executives, Kampong Thom government officials, and other guests. The opening of the new sales branch in Steung Sen district is to bring servi...
Read MoreSeparate & Common Property: What are the Differences?
In the Civil Code of 2007, there is the matrimonial property regime which is divided into two systems: the contractual property system and the statutory property system. For the contractual property system, a married couple shall register a marital property agreement at the Ministry of Justice before their wedding, which makes it easier to make sales and purchase transactions or divide the asse...
Read MoreNR5 Prek Kdam – Battambang Section 63% Complete, Set to Open for Traffic in 2023
Construction of the NR5 Prek Kdam-Pursat and Pursat-Battambang section on average has been 63% completed and is scheduled to open for traffic next year. The remarks were made by HE Sun Chanthol, Minister of Public Works and Transport, at the construction contract agreement signing ceremony for NR5 Serei Sophorn-Poipet section on 24 March. “The road section between Prek Kdam and Battambang is...
Read MoreMalaysia Eyes More Investment in Real Estate, Energy & Other Prioritised Sectors in Cambodia
As of February 2022, 162 Malaysian investment projects worth US$3.2 billion have been registered by the Council for the Development of Cambodia (CDC), as more Malaysian investors are seeking investment opportunities in the real estate, mining, and energy sectors in Cambodia. The data was unveiled during a meeting between Deputy Secretary-General of the Cambodian Investment Committee of CDC HE N...
Read MoreChamber of Commerce Discusses Challenges & New Opportunities in Construction Sector
The Cambodian Chamber of Commerce (CCC) has held a meeting to discuss challenges, proposed remedies, and new investment opportunities for the construction and real estate sector after being under pressure from the COVID-19 for more than two years. Held on 24 March, the meeting was chaired by CCC Vice President, Oknha Ly Hour and joined by representatives of the Cambodia Constructors Association...
Read MorePreah Vihear Authorities Order Immediate Stop to Encroachment on Five Concessional Land Plots
The Preah Vihear provincial administration has ordered all residents to stop encroaching or leasing land plots on five concessional zones, ordering the encroachers to demolish any construction and leave immediately, or otherwise face severe legal action. According to the announcement issued on 23 March 2022, the five land plots have already been transferred from state to private state land in t...
Read MorePM Hun Sen Inaugurates NR51 Connecting NR4 and NR5
Cambodian Prime Minister Samdech Hun Sen inaugurated NR51, a major Chinese-funded road connecting NR4 and NR5 on Friday 25 March. NR51 was expanded to 12m wide and repaved with AC for a total length of 38km, starting from Udong (intersection of NR5) to Thnal Toteung (intersection of NR4). The cost of construction was US$41 million, a mixture of Chinese concessional financing and the governme...
Read MoreKandal Authority Revising Infrastructure Development Masterplan in Three Major Districts
The Kandal provincial administration is speeding up revisions of the infrastructure development master plan in Kaoh Thum, S'ang and Leuk Daek districts. Kandal Provincial Governor HE Kong Sophorn on 24 March hosted a follow-up meeting through Zoom to discuss the update. He said that the meeting is to collect more inputs and discuss challenges among all stakeholders before submitting the new ...
Read MoreContract Signed for NR5 Serey Sophorn – Poipet & Construction to Begin Next Month
The Ministry of Public Works and Transport (MPWT) has signed an agreement granting the right to two Japanese companies to build the NR5 Serey Sophorn-Poipet section, the fourth package of the whole project. The signing ceremony took place on Thursday 24 March under the authority of MPWT Minister HE Sun Chanthol. Two firms receiving construction contracts are Construction Corporation No.1 and...
Read MoreVillagers Along Borders Told Not to Lease Farmland to Foreign Nationals
Samdech Sar Kheng, Deputy Prime Minister and Minister of Interior has advised villagers along Cambodia’s borders not to lease farmland to foreign nationals from neighbouring countries, to avoid illegal land occupation and land disputes. Samdech Sar Kheng made the remarks during the annual meeting of the Prey Veng administration held on 22 March. “People long borderline rent farmland to other...
Read MoreKoh Kong Authorities Ban All Land Purchase & Ownership Transfer Transactions at Koh Totung
The Koh Kong provincial administration has banned the sale and purchase of land on Koh Totung in Kirisakor district while all related land transactions documents are also voided. According to the announcement dated 18 March 2022, Koh Totung is state land; thus, the sale & purchase and the issuance of ownership transfer documents, purchase & sale contracts, certificates of occupation, am...
Read More19,500km Submarine Cable Being Built Between Singapore & France
Work has begun on a 19,200km submarine cable system connecting 12 countries between Singapore and France, reported Global Construction Review reported on 23 March. Known as Southeast Asia–Middle East–Western Europe 6 (SEA-ME-WE 6), the cable system will be able to convey 100Tb/s, the equivalent of 40,000 high-definition videos a second, compared with 38Tb/s for its last predecessor. The syst...
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