TRIBE to Open Hotel in Cambodia in 2022
TRIBE, part of Ennismore, a global collective of lifestyle brands, is preparing to open a hotel in Cambodia in February next year, becoming its first hotel in Southeast Asia. Named TRIBE Phnom Penh Post Office Square, the hotel has 260 rooms, according to a press release. The hotel will bring a bold design edit to Cambodia’s hotel scene and the wider region as the first TRIBE branded hotel i...
Read MoreStudy Complete for SHV Port Expansion Project Phase 2 & 3
The Minister of Public Works and Transport HE Sun Chanthol has given full support to the study result of Sihanoukville deep seaport expansion project Phase 2 & 3 that have just been completed by JICA. HE Sun Chanthol provided the feedback during a meeting with Director General of Sihanoukville Autonomous Port HE Lou Kim Chhon on Monday 8 December. According to the result, the port will b...
Read MoreNew Large-Scale COVID-19 Treatment Centre to be Built on 6ha in Prek Pnov
Cambodia Prime Minister Samdech Hun Sen once again ordered the Phnom Penh Governor to cooperate with the Ministry of Health to speed up work on constructing a new large-scale COVID-19 treatment centre, aiming for completion before 2023. The order was given during the PM’s site inspection on the construction progress of the new Phnom Penh international airport on 9 December. The treatment cen...
Read MoreNew Pnnom Penh Airport Named ‘Techo International Airport’; Now 27% Complete
As of December 2021, the construction project of the new Phnom Penh Airport, which has recently been renamed as the "Techo International Airport, Takhmao City" has reached 27% completion, on track to start operation by 2023. This is according to the site inspection by Cambodia Prime Minister Samdech Hun Sen on 9 December. On this occasion, Cambodia Airport Investment Co., Ltd (CIAC) and OCIC...
Read MorePM Urges Domestic Private Firms to Invest in Bonds to Fund New PP Airport Construction
Prime Minister Samdech Hun Sen has urged local financial institutions to invest in the new Phnom Penh International Airport in Kandal province through the US$300-million guaranteed bond issued by Cambodia Airport Investment Co., Ltd (CAIC). Among the total bond amount, to date, over US$80 million have been issued to many firms such as banks, insurance companies, and other financial institutions...
Read MoreSiem Reap, JICA Accelerate Smart City Project Masterplan Progress
The Siem Reap Provincial Administration and the Japan International Cooperation Agency (JICA) have discussed the progress of the smart city master plan, to accelerate implementation. The discussion focusing on technical cooperation was chaired by Siem Reap Governor HE Tea Seiha and JICA (Cambodia) Director Kamei Haruko. In the decision, the two parties also agreed to begin technical cooperat...
Read MoreADB Provides US$332 Million Fund to Cambodia to Boost Sustainable Economic Recovery
The Asian Development Bank (ADB) has provided US$332.05 million in financing to Cambodia to support Cambodia’s response to the coronavirus disease (COVID-19), further develop the financial sector, build urban infrastructure, and help improve the road network. The financing package was signed on 8 December by Minister of Economy and Finance HE Aun Pornmoniroth and ADB Acting Country Director for...
Read MoreEU Launches €300bn Infrastructure Funding Scheme Countering China’s BRI
The European Commission and the High Representative for Foreign Affairs and Security Policy recently launched a new €300 billion global infrastructure funding program called the Global Gateway, aiming to boost recovery in low and middle-income countries as an alternative to China’s Belt and Road Initiative (BRI). Announced on 1 December, the scheme will focus on funding projects in various sect...
Read MoreConstruction Begins on US$19m Japanese-Funded Siem Reap Provincial Hospital Building
The construction of a new building in the Siem Reap Provincial Hospital under a JICA grant aid of US$19 million has officially begun. Held on Tuesday 7 December, the ground-breaking ceremony was presided over by Chief Representative of JICA Cambodia Office Ms Kamei Haruko and Director of Siem Reap Provincial Health Department Dr Kros Sarath. The new building is a four-storey facility with a ...
Read MoreInter-Ministries Void All Titles & Ownership Transferring Documents of All Flooded-Forest Lands
The inter-ministerial working group has decided to deny all previously issued land titles and ownership transferring documents of all flooded-forest land after many encroachments were founded in Pursat province. The order was issued on December 5 by the Ministry of Land Management, Urban Planning and Construction, which outlined seven measures for the Pursat provincial administration to impleme...
Read MoreMajority of Retailers in Cambodia are Targeting Expansion
By Eric Wong Chon Lap Retail leasing activity in Cambodia is expected to pick up in the coming months, amid solid expansion demand from retailers, and the completion of new shopping centers. Signs of positive movements for retailers, on store rollout and expansion strategies, following the country reopening policy on November 2021. Many leading retail developers and retail brands in Cambodia...
Read More38-Road Renovation Project in Siem Reap 92% Finished, on Track for Completion by Year’s End
The construction of the 38-road project in Siem Reap has reached 92.72% completion as of November 2021, while the working teams are now accelerating the progress, aiming for completion by year’s end. This is according to the inspection by HE Sun Chanthol, Minister of Public Works and Transport, on Tuesday 7 December. During the inspection, HE Sun Chanthol asked the relevant working group to ...
Read More