NR3 renovation project 80% complete
The renovation of National Road 3 is now 80% complete. The working team is currently installing the road median and pedestrian bridges. According to the ministry’s site inspection on 10 September, the road medium is built at different lengths depending on different areas. There will be a u-turn point every 1.5km to 2km for the […]
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How Will Capital Gains Tax Affect the Real Estate Market in Cambodia?
Some have claimed that the tax is way too high and is not the right time amid the COVID-19 crisis. Others have said it is an effective way to control unregulated inflated property transactions and increase state revenue.
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Vietnam Approves US$9.3bn Can Gio Tourist City Development
A US$9.3bn housing and tourist resort at Can Gio has been approved for development by the government of Vietnam. The planned development is situated on a 760-sq km mangrove forest 40km south of Ho Chi Minh City (HCMC) and is being led by the Can Gio Tourist Urban Joint Stock Company, a subsidiary of Vinhomes, […]
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LED Expo Thailand Goes Fully Virtual, Online Show to be held from 18-20 November
With the safety of stakeholders in mind, MEX Exhibitions Pvt. Ltd. and IMPACT Exhibition Management – the organisers of LED Expo Thailand + Light ASEAN 2020 – have decided to go completely virtual for 2020 edition, which will take place from 18-20 November this year. Meanwhile, the physical edition to the show has been postponed […]
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Kampot Administration Process Land Acquisition to Long-term Occupants in Bokor National Park
The Kampot Provincial Administration is currently reviewing the applications and will soon gift land to those eligible long occupants in Bokor National Park, according to the work progress meeting on 09 September. Undersecretary of State at the Ministry of Environment HE Saut Yea said in the meeting that land ownerships would be granted only to […]
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New US$6-million Cambodia-Vietnam Border Checkpoint in Svay Rieng Opened
A new US$6 million ‘Prey Vor’ Cambodia-Vietnam border checkpoint in Svay Rieng province is now temporarily open for service while awaiting official inauguration, according to Minister of Public Works and Transport HE Sun Chanthol on 10 September. As part of the opening, the government is currently setting up relevant procedures to facilitate all goods to […]
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WorldBridge Group to build US$30 million SME Cluster Zone in Ta Khmau
Worldbridge Industrial Developments Co., Ltd. of WorldBridge Group will build an industrial 4.0 SME Cluster zone worth almost US$30 million in Ta Khmau City. The project is located on 6 hectares of land along National Road 21 in Rokarkpos commune, Ta Khmau City, right nearby the WorldBridge affordable housing project. According to Oknha Sear Rithy, […]
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MPWT Cooperates with JICA to Improve Logistics System in Cambodia
The Ministry of Public Works and Transport (MPWT) signed a technical cooperation deal with the Japan International Cooperation Agency (JICA) on 10 September to improve the Phase II logistics system in Cambodia. MPWT Minister HE Sun Chanthol said at the agreement-signing ceremony that the enhancing transportation infrastructure, as well as upgrading and opening international borders, […]
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Vann Molyvann’s house could become yet another skyscraper, expert warns
Photo by: Courtesy-of-IPS-Cambodia With the absence of preservation law and high land price, the unique house of renowned Khmer architecture Vann Molyvann might be torn down and replaced with a skyscraper, experts warns. According to Bloomberg CityLab article on September 9, his house is currently listed for sale at US$7 million. Since there has no […]
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Singapore Mulls Investing in Phnom Penh SuperPort
Singapore is planning to invest in a modern logistics centre in Phnom Penh, or Phnom SuperPort+, to foster transportation and connection between Cambodia and neighbouring countries. The proposal was mentioned during a meeting between Minister of Public Works and Transport HE Sun Chanthol, Singaporean finance officials, Infrastructure Asia officials, and YCH Company representatives on 09 […]
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Construction of 38 roads in Siem Reap to begin late this month
Construction on the renovation of 38 roads in Siem Reap is set to begin on 23 September and is scheduled to be completed by late 2021. This decision was made during a meeting between Deputy Prime Minister Samdech Tea Banh, MLMUPC Minister HE Chea Sophara, Minister of Public Works and Transport HE Sun Chanthol, and […]
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Pipeline Installation Complete for Phnom Penh Flood Protection Improvement Phase 4
The underground installation of the interceptor pipeline system has been completed for the Phnom Penh Flood Protection and Drainage Improvement Project Phase 4. Meanwhile, construction is on track and is expected to be fully complete by 2021, according to JICA Cambodia last week. According to the same source, the interceptor pipeline system has a total […]
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