India Eyes Potential Investment in Mining Sector in Cambodia
The Indian ambassador to Cambodia has announced that many Indian private firms are looking for investment opportunities in the mining sector in Cambodia, mainly for gold and iron. Indian Ambassador HE Devyani Uttam Khobragade made the remarks during a recent meeting with Minister of Mines and Energy HE Suy Sem. The meeting was mainly focused on the potential and opportunity of strengthening ...
Read MoreNew US$21 million Ford Motor Cambodia Assembly Plant Set for Pursat Province
A new US$21 million Ford Motor Cambodia assembly plant is set to open in Pursat province soon, as the relevant government bodies and the investment firm have already reached an agreement. The plan to establish this giant plant was revealed during a meeting held on Tuesday 14 September between the Pursat governor, the Inter-Ministerial Committee, Council for the Development of Cambodia (CDC), an...
Read MoreCambodia Asks WB for Larger-Scale Financial Assistance in Infrastructure Development
The Minister of Economy and Finance (MEF) has requested the World Bank to consider providing larger-scale financial assistance, known as advanced concessional loans, for Cambodia, in particular for nationwide infrastructure investment projects. The remark was made by MEF Minister HE Aun Pornmoniroth in the virtual farewell meeting with the outgoing Vice President for East Asia and Pacific World...
Read MoreLegal Documents You Need to Know Before Buying Homes in a Borey
Partnered Article Landed property, or known in Cambodia as a ‘borey’ in Khmer, refers to a gated community comprising various housing types including villas, shophouses, link houses and flat houses. This type of property is the most popular in Cambodia, thanks to its large space and relatively lower price compared to condominiums. However, as buyers, what are the most important things you ne...
Read MoreEuroCham to Host Virtual Conference Addressing Necessity of Standards in Real Estate Sector
The European Chamber of Commerce in Cambodia (EuroCham) will host a virtual conference addressing “The Importance of Standards in the Real Estate Industry - A Case for Following RICS Standards" on Thursday 16 September. The webinar session will gather leading real estate & construction experts and professionals to share knowledge and the most up-to-date know-how experiences within the secto...
Read MoreChina Plays Key Role in Infrastructure Development in Cambodia, says PM Hun Sen
China has played a key role in infrastructure development projects in Cambodia, according to Cambodian Prime Minister Samdech Hun Sen. Speaking at the Morodok Techo National Stadium handover ceremony on Sunday, Samdech Hun Sen said to date China is the top financing source for Cambodia’s infrastructure development. "Some would say we lean too much toward China. But, if China doesn’t help us,...
Read MorePM Hun Sen to Use Trophy Cash to Build Decent Houses for Veterans
Cambodia Prime Minister Hun Sen will use the US$1 milllion trophy cash from the World Summit of Peace to build decent houses for veterans. The remarks were made after PM Hun Sen won a medal in the “7th World Rally of Hope: Think-Tank 2022” held on 12 September via videoconference on the theme of "Peace in the Asia-Pacific". “For the US$1 million trophy cash I got from the conference, I will ...
Read MoreChina Hands Over US$150m Stadium to Cambodia & Signs Six New Cooperation Agreements
China has officially handed over the US$150 million Morodok Techo Stadium to Cambodia and signed six new agreements providing Cambodia with over US$270 million more in financial assistance. The two ceremonies were presided over by Cambodia Prime Minister Samdech Hun Sen and State Councilor and Foreign Minister of China Wang Yi on Sunday 12 September. With construction beginning in April 2017...
Read MoreGDT to Conduct On-Site Inspection of Tax Documents & Real Estate Registration Accuracy in Kandal
From 13 September onward, the General Department of Taxation (GDT) will begin to inspect tax documents and registration accuracy of all real estate in Takhmao City in Kandal Province. According to the announcement dated 9 September 2021, the on-site inspection is to collect statistics, take photos, and gather all related information of the actual real estate to verify with the real estate infor...
Read MoreBig C Plans Hundreds More Stores Expansion in Cambodia Over Next Five Years
Big C Thailand plans to open hundreds more stores in Phnom Penh, Battambang, Siem Reap, among other important cities in Cambodia in the next five years, after the firm just officially opened the Mini Big C in Phnom Penh. Gary Hardy, Chief Operating Officer, said Big C aims to become the No.1 retailer in Cambodia in terms of value, size and perception among Cambodian customers, the Bangkok Post ...
Read MoreWhy is OpenBuildings Designer the Perfect BIM Software to Create a Whole Project from Scratch?
What is OpenBuildings Designer? OpenBuildings Designer—formerly AECOsim Buildings Designer—is an interdisciplinary BIM software that includes tools for architectural, structural, ventilation, plumbing, and electrical design. It is the evolution of the Bentley BIM offering and replaces older applications: Bentley Architecture, Bentley Structural Modeler, Bentley Building Mechanical Systems, and Be...
Read MoreRenaissance Minerals receives gold mining exploration license in Thbong Khmom
The Ministry of Mines and Energy has given license to Renaissance Minerals (Cambodia) to explore for gold in Choam Tamao commune, Memot district of Tbong Khmum province after the firm recently announced Cambodia's first commercial gold mining industry in Mondulkiri province in June. The matter was discussed in detail between Tbong Khmum Governor HE Cheam Chansophoan during the meeting with comp...
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