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ខ្មែរ 
Impact Resettlement for New PP Airport Ongoing; Some Land Plot Holders Refuse to Relocate
- 25 August 2021
The new Phnom Penh Airport Developer Cambodia Investment Co Ltd (CAIC) this morning handed over new land titles to 16 owners (equivalent to 31 plots) whose lands were affected by the new airport construction. The handover ceremony was held in the presence of Kandal Governor HE Kong Sophoan and Deputy General Director of CAIC Mr Charles Van. HE Kong Sophoan stated the construction of the new ...
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2,235 Construction Projects Worth Over US$2.5 billion Approved in H1, Down by 28% Y-O-Y
- 25 August 2021
During the first half of 2021, the Ministry of Land Management, Urban Planning and Construction (MLMUPC) issued permits for a total of 2,235 construction projects with an estimated investment value of US$2.5 billion, down by 28 % compared to the same period last year. MLMUPC Secretary of State HE Lao Tipseiha confirmed the numbers with PNN TV broadcast on Monday 23 August. He added said that...
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Hard Lessons for Property Developers and Buyers in Cambodia
- 25 August 2021
Like many hoping for easy cash in Cambodia’s property market, many individual buyers borrow money from the bank they didn’t need, and their sole purpose is only planned to flip. The only question is how big the profit would be? or if they can make a profit out of the current market conditions? The local real estate market has stalled, but the good news is price doesn’t expect to fall much deepe...
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APSARA Authority Approves 5191 Construction Cases in Protected Area During H1
- 25 August 2021
During the first six months of 2021, the APSARA Authority has allowed residents living in the protected area, both inside and outside the Angkor Archaeological Park, to repair and construct a total of 5,191 residences, while continuing to strictly warn against the purchase and sale of land in that area. According to the statement issued by the APSARA Authority on 24 August, over 5,000 cases wer...
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Sihanoukville Selected as ASEAN Tourism Forum 2022
- 24 August 2021
The government has decided to select Sihanoukville as the venue for the 40th ASEAN Tourism Forum in 2022, and the government has also pledged to continue upgrading and improving the infrastructure system in the province, according to Tourism Minister HE Thong Khon during a site inspection on Monday 23 August. According to the plan, the 40th ASEAN Tourism Forum will be held at Sokha Hotel in Sih...
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Singapore Operationalises Huge Floating Solar Farm
- 24 August 2021
Following over a year of construction, Singapore has turned on a huge 45-hectare floating solar photovoltaic (PV) farm located in Tengeh Reservoir, reported GCR at the end of July. Equivalent in size to some 45 football fields, with 122,000 panels, the 60 megawatt-peak (MWp) array is thought to be one of the world’s largest inland floating solar farms, and will be used to power five water treatme...
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Kampong Speu Authorities Seize Over 300 Hectares of Illegally Owned Land in Aoral District
- 24 August 2021
The Kampong Speu provincial administration has seized two illegally owned land plots in Aoral district totalling 315.5 hectares, according to Order No. 50/21 dated 20 August 2021. The first plot is 313 hectares located in Trapeang Thmea village, Ta Sal commune while the other is 2.5 hectares located in Por Meas village, Trapeang Chour commune, stated the Order. Kampong Speu Governor HE Vy Sa...
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MPWT Speeding Up Prep Work on NR33 Upgrade Project Connecting Kampot to VN Border
- 24 August 2021
The Ministry of Public Works and Transport and the Ministry of Economy and Finance are speeding up the review and evaluation work for the NR33 rehabilitation project connecting downtown Kampot to the Prek Chak Vietnamese border, with construction expected to begin soon. Secretary of State of the Ministry of Public Works and Transport (MPWT) HE Pal Chandara said during an inter-institutional mee...
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Power Plants, Livestock Farms & Factories Worth Over US$63m Approved for 5 Provinces
- 24 August 2021
The Council for the Development of Cambodia (CDC) has recently given permits to private firms to invest US$63.5 million in building a power plant, solar park, livestock farm, and several other factories in Kandal, Kampong Thom, Sihanoukville, Takeo and Kampong Speu. According to a CDC announcement on Monday 23 August, those seven companies include: 1. Ethan Metal Manufacture Co., Ltd., which...
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7-Eleven store opening in Phnom Penh delayed to year’s end
- 23 August 2021
The plan to open Cambodia’s first 7-Eleven store has been delayed due to the surge in the community outbreak, with a new opening date expected to be by year’s end, according to CP All Chief Financial Officer Kriengchai Boonpoapichart. CP All (Cambodia) Plc, the master franchisee of 7-Eleven Cambodia, set an initial plan to open the first branch this July at the Prek Phnov PPT gas station by Jun...
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NR48 Renovation Project to Begin in November; Construction Agreement Signed
- 23 August 2021
The Korean-funded NR48 renovation project connecting NR4 to Koh Kong province is scheduled to begin construction on 1 November, as the construction agreement contract has been already signed between the relevant parties. The signing ceremony was held on the morning of 23 August via ZOOM under the chairmanship of Minister of Public Works and Transport HE Sun Chanthol and joined by the representa...
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Chinese Firm Requests Cooperation with OCIC on Four Major Development Projects
- 23 August 2021
A Chinese firm owned by a millionaire investor is requesting cooperation with Canadia Group and OCIC on four major development projects in Cambodia including the new Phnom Penh Airport, Koh Norea Boeung 500, and an industrial park project along NR51; citing millions of dollars being prepared to inject into Cambodia. The joint venture proposal and negotiation was facilitated by a local firm LSCG...
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