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ខ្មែរ 
3,263 Construction Projects Registered in 9 Months
- 24 December 2021
3,263 construction projects were registered in the first nine months of this year, a 476-project decrease from the same period last year. Figures from the Ministry of Economy and Finance issued recently showed that the value of registered construction projects was US$4.6 billion, a year-on-year decrease of 20.6%. Of the total registered construction projects, 2,909 projects or equivalent to...
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Construction Officially Begins on US$19 million Siem Reap Provincial Hospital Building
- 24 December 2021
The construction of a new building in the Siem Reap Provincial Hospital under a JICA grant aid of approximately US$19 million has officially begun. Held on Thursday 23 December, the ground-breaking ceremony was presided over by the Director of Siem Reap Provincial Health Department Dr Kros Sarath and joined by other relevant officers. The building has an area of 7,260 square meters, 4 floors...
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Vietnam Biggest ASEAN Investor in Cambodia, Reaching US$2.8bn to Date
- 23 December 2021
Vietnam is the biggest ASEAN foreign direct investor in Cambodia with 188 active projects and total registered capital of US$2.85 billion, VN Express reported on Wednesday. In the first 11 months this year, Vietnam has invested in four new projects in Cambodia with a registered capital of nearly US$90 million, up 4.6 times year-on-year, according to the meeting between Vietnamese President Nguy...
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Construction of Longest Bridge of PP-SHV Expressway Completed
- 23 December 2021
The longest bridge of the Phnom Penh-Sihanoukville expressway has completed the installation of all box girders and has been fully connected to the pavement on both sides. According to the official Facebook page of the expressway on 22 December, the bridge is located at the 179-kilometre point of the expressway crossing over the river at Kbal Chhay Waterfall. As of late November, the express...
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Could Chroy Changvar District Become Phnom Penh’s Next CBD?
- 23 December 2021
Chroy Changvar district is situated in the northern part of Phnom Penh City with a total population of more than 159,000. It has a land area of 85 square kilometers and is divided into five communes: Chroy Changvar, Bakheng, Prek Leab, Koh Dach and Prek Tasek. Of all Phnom Penh's suburbs, Chroy Changvar is considered the fastest development district in terms of real estate projects, attracting ...
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Expert: Condo Market Recovery Uncertain in 2022, Pending Greater Foreign Investment Inflow
- 23 December 2021
Due to the impact of the COVID-19 pandemic, the condo market in Cambodia has been hit hard for two years in a row, 2020 and 2021. 2021 has been even worse than 202o given lockdowns and the widespread new variants. Cambodian real estate expert and chairman of KW Cambodia Dr Kim Heang has projected that the condo sector market will remain stagnant in 2022 if there is no inflow of foreign buyers d...
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35-Storey GDCE Building Officially Inaugurated 23 December
- 23 December 2021
Prime Minister Samdech Hun Sen on Thursday 23 December officially inaugurated the 35-storey administration building of the General Department of Customs and Excise (GDCE) along with two other buildings— the National Customs School and the Customs Museum. Built on the old site in front of the National Bank of Cambodia on Norodom Blvd, the GDCE administrative building started construction in Febr...
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Tax Exemption for COVID-19 Affected Businesses Extended to June 2022
- 22 December 2021
The Cambodian government has decided to extend tax exemption to the tourism, hospitality, and other COVID-19 affected businesses from March to June 2022. This exemption is to provide additional support to the relevant businesses to improve and be ready to welcome national and international tourists after Cambodia is fully reopened to foreign vaccinated tourists. The information was announced...
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Construction to Begin on New Large-Scale Hospital Complex in Koh Thom in January
- 22 December 2021
Construction on the new Techo Sen Koh Thom Hospital building is set to begin in January 2022, according to the meeting of the construction committee and relevant officers from the Ministry of Public Works and Transport on 21 December. The project includes the construction of three new buildings with a total area of over 12,500sqm. The buildings are interconnected with the central building havin...
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Over 140 Hectares of Boeung Ta Mok Land Allocated to the Ministry of Justice
- 22 December 2021
The government has reclassified 140 hectares of Boeung Ta Mok Lake from state public property to state private property and handed it over to the Ministry of Justice. This allocation was made through a sub-decree signed by Prime Minister Hun Sen dated October 2021. This is the second time the government allocated a land plot in Boeung Ta Mok Lake to the Ministry of Justice. In September 2020...
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Construction Begins for New US$25-million National Assembly Building
- 22 December 2021
Construction has officially begun for the new US$25-million administration building of the National Assembly. The ground-breaking ceremony was presided over by President of the National Assembly of Cambodia Samdech Heng Samrin and President of the Socialist Republic of Vietnam HE Nguyen Xuan Phuc on 21 December. The building is being constructed under a grant from Vietnam, with an aid agreem...
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Plan to Construct Chak Angre Krom- Prek Pra Bridge Receives Approval from PM Hun Sen
- 22 December 2021
The plan to build a new bridge as an alternative to the heavily congested Monivong Bridge across the Bassac River connecting Chak Angre Krom and Prek Pra communes has already been approved by Prime Minister Hun Sen. The update of the plan was confirmed by the Minister of Public Works and Transport HE Sun Chanthol on 21 December during a meeting with students of Techo Sen Institute of Public Wor...
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