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ខ្មែរ 
Chinese Firm Mull Setting Up Electric Car Assembly Plant in Koh Kong
- 25 January 2022
China Matrix Technology Group-Horche Intelligent Automobile plans to invest in setting up a factory to assemble electric vehicles in Koh Kong province, according to an online meeting between relevant parties on 22 October. The objective of the Chinese firm in this meeting was to study the feasibility, and understand the land and legal environment, human resources, and other related administrati...
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Ground Broken on Renovation of Six Roads in Battambang
- 25 January 2022
Renovation of six roads in Battambang city has officially begun with the ground-breaking ceremony presided over by Battambang Governor HE Sok Lou on Tuesday 25 January. The six roads will go through a deep repair process and be repaved with DBST. Those roads include St No.526, St No.614, St No. 530, St No.716, St No.139, and St No.111, with a total length of 5.6km. Besides, the Battambang pr...
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US$297-million Tyre Production Factory Approved for Sihanoukville SEZ
- 25 January 2022
The Council for the Development of Cambodia (CDC) has recently given a permit to General Intelligence (Cambodia) Co., Ltd. to invest US$297 million in building a tyre production factory in the Sihanoukville Special Economic Zone. According to the CDC announcement on Tuesday 25 January, the investment project will create over 540 jobs for locals while also adding more tyre production locally. ...
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MPWT to Build EV Charging Stations on PP-SHV Expressway & 15 Others Nationwide
- 25 January 2022
The Ministry of Public Works and Transport (MPWT) plans to establish at least 15 electric vehicle charging stations on the PP-SHV expressway and other potential spots nationwide to boost the usage of EVs in Cambodia. This project was discussed in a meeting between MPWT Minister HE Sun Chanthol and delegation of the Cambodian Automobile Industry Federation led by its president Tan Monivann on 24...
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Gov’t Requests Samsung C & T to Build Expressways & Mass Transit System in Cambodia
- 25 January 2022
Samsung C & T Corporation has expressed interest in investment in transport infrastructure in Cambodia to contribute to the development of this sector. The remarks were made by the delegation of Samsung C & T Corporation led by Mr Han Jung Suk in an online meeting with HE Leng Thun Yuthea, Secretary of State of the Ministry of Public Works and Transport, on Monday 24 January. HE Leng...
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MEF Requests to Postpones Capital Gains Tax Collection to 2024
- 25 January 2022
The Ministry of Economy and Finance has submitted a request to the Prime Minister Samdech Hun Sen to extend the implementation of the capital gains tax for another two years until 2024. HE Nop Sothonvichet, Ministry of Economy and Finance's spokesman, said on 24 January that the request is to participate in the implementation of strategic frameworks and rehabilitation programs and to stimulate ...
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Retail to Go Through Major Adjustment in 2022 with Over 190K sqm Supply Expected: CBRE
- 24 January 2022
Given the uncertainty of the pandemic, the retail sector remains under pressure in 2022, with the new shift towards professionalisation and new retail design concepts to stay alive in the competitive market, according to the recent CBRE yearly report. In 2021, the retail market was severely impacted by the pandemic with a sharp reduction of footfall, oversupply issues, and the increase of e-com...
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CBRE: Less Supply Expected for 2022 Residential Market; Buyer Behaviour Shifts
- 24 January 2022
In 2022, the residential market will see fewer new launches, while promotions and offers will continue to occur as a mechanism for the market to absorb oversupplied units stemming from the sharp drop of foreign investors, according to the recent CBRE yearly forecast report. In the meantime, local home buyers will also change their value proposition toward better quality and more creative produc...
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Cambodia’s Industrial & Logistics Sector to Shift Toward Specialisation & Greener Production
- 24 January 2022
The industrial and logistic sector is expected to grow significantly in 2022 thanks to competitive operating costs and extensive and continuous government infrastructure development projects nationwide despite the pandemic, according to CBRE yearly report issued recently. The report added given the high growth potential, the sector will shift toward specialisation. Industries including agroindu...
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Ground Broken on New US$4-million University in Kandal’s Ang Snoul District
- 24 January 2022
The construction of the US$4-million Samdech Preah Sanghareach Bour Kry University in Kandal province officially started with the groundbreaking ceremony presided over by Samdech Samdech Preah Sanghareach Bour Kry and Kandal Governor HE Kong Sophorn on 23 January. Located in Rokar Thom village, Bek Chan commune, Ang Snoul district, the university will be built on an area of 13,580sqm of land wi...
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Cambodia to Build 10,000 4.0 Greenhouses Nationwide by 2032
- 24 January 2022
The Ministry of Agriculture, Forestry and Fisheries (MAFF), in collaboration with three private firms, is planning to build over 10,000 4.0 Greenhouses nationwide in the next 10 years to upgrade and enhance the kingdom’s agricultural sector. The Ministry signed an MoU on the project on 21 January between the three companies including Agri-Sambathkhmer Co., Ltd, PLMP Venture Capital Co., Ltd, an...
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A Difficult Year for Real Estate Developments
- 22 January 2022
By Eric Wong Chon Lap As another difficult year for the real estate market come to an end, the market has seen a series of interesting and unprecedented events in various sectors in the Year 2021. New condominium launches in Phnom Penh has slowed down, while low-rise affordable housing demand surges. The retail market is slowly picking up with more international brands entering the market, w...
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