NR4 Expansion Project Begins, Set for Completion in 2026

The Ministry of Public Works and Transport (MPWT) has begun work to expand and renovate NR4 under a US$110-million loan from the World Bank, according to an MPWT statement issued on 25 February. The construction site starts from Bek Chan commune, Ang Snoul district in Kandal province to Bit Trang commune, Prey Nob district in Sihanoukville. The project includes the expansion of the current r...

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NASA, US Universities to Construct Infrastructure on Moon

Three US university-led proposals have been selected by NASA to develop technologies for living and working on the moon, according to a NASA announcement on 18 February. The selected projects cover three topics laid out in the solicitation. Each team will receive up to US$2 million, awarded as grants, over two years to develop their proposed technologies. The three projects are: Autonomou...

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Turkish Investors Mull Investing in Cambodia’s Construction Sector

Turkish investors have expressed interest in investing in Cambodia's construction sector, citing that Cambodia has very high investing potential, according to the Cambodian Chamber of Commerce. The interest was raised by Mr Ferudun Cevahiroglu, President of the Turkish Federation of Industrial Businesses, in a meeting held on 26 February with the Cambodian delegation led by Vice President of th...

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Gov’t Urges Private Firm to Expand & Modernise Water Supply Network in SHV

The Ministry of Industry, Science, Technology and Innovation (MISTI) has requested Anco Co., Ltd. to expand and modernise the clean water supply network in Sihanoukville, especially in developing districts, as the company is currently operating clean water treatment plants with a capacity of 160,000 m3 / day. MISTI Minister HE Cham Prasidh made the request during the water treatment plant inspe...

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Labour Ministry: 747 Engineers Registered in 2021, Over 6,000 Total to Date

In 2021, there was total of 747 engineers registered with the Ministry of Labour and Vocational Training (MLVT), according to an MLVT report issued on 25 February. This number brings the total accumulative number of registered engineers as of the end of 2021 to 6,008 (240 females), 84 of which are foreign engineers (2 females). According to, Minister of Land Management, Urban Planning and Co...

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Population Growth & Modern Living Trend to Boost Demand for Condos, says Expert

The condominium market in Cambodia, which is currently heavily reliant on foreigners, will be supported by local customers due to population growth and the trend of living in modern housing. Executive Vice-President for the Cambodian Valuers and Estate Agents Association (CVEA) said if the developers establish the right price, size, and style to match the taste of locals, the market will catch ...

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Pandemic Guides Cambodian Real Estate Sector to Shift Toward Sustainability

A prominent real estate expert has predicted that the real estate sector for 2022 and beyond will continue to grow slowly but in a more sustainable direction despite the ongoing COVID-19 pandemic. This slow but continuous growth is due to the market adapting and turning its focus on the local market, which is where demand is strongest. Executive Vice-President for the Cambodian Valuers and E...

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Local Firm LSCG Wins Bid to Install 70MW Solar Power System at New PP Airport

Local firm LSCG Real Estate Co., Ltd has won a bid to install a 70MW solar power system at the new Techo International Airport. According to LSCG CEO Ly Sokchhay, the contract agreement was signed on 22 February with an investment value of US$168 million. "The project is the cooperation between our partners in China. Therefore, the solar panels and other equipment will be imported directly f...

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PM Hun Sen Encourages Malaysia to Invest in Cambodia’s Construction & Real Estate Sectors

Cambodian Prime Minister Samdech Hun Sen has encouraged Malaysian investors to take part more in the construction, real estate, and other potential sectors in Cambodia, citing that total Malaysian investment in Cambodia currently ranks third. Addressing a joint press conference with Malaysian Prime Minister Datuk Seri Ismail Sabri Yaakob on 24 February, PM Hun Sen said Malaysian companies shoul...

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Accor to Launch First Ibis Budget Hotel in Cambodia in July

Accor, a world-leading hospitality group, is preparing to open its first Ibis Budget hotel in Phnom Penh in July 2022. Named Ibis Budget Phnom Penh Riverside, the 322-key hotel will incorporate the signature Ibis Budget concept boasting contemporary design across its rooms and public areas. Ibis Budget Phnom Penh Riverside will be strategically located in Chamkar Mon district, one of the pri...

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Construction on New US$10 million Beachfront Concrete Road in Kep to begin in March

The Kep Provincial Administration will break ground on the construction of an 11km beachfront road in Kep city on 1 March. Kep Deputy Governor Vov Sokha chaired the meeting on 24 February with relevant officials to prepare for the ground-breaking ceremony. Built with a US$10 million loan from the Asian Development Bank (ADB), the road is 11km long and 9-16m wide. The construction will tak...

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Korean-Style Forest Park to be Established Near Angkor Wat

A Korean-style forest park will be established near Angkor Wat using South Korean forest management technology. The Korea Forest Service held the first plenary session for the Korea-Cambodia joint operating committee online on Tuesday 22 February. The park will be set up at a location near Angkor Wat, which will take 30 minutes to reach by car from the temple or less than an hour from Siem R...

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