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ខ្មែរ 
Cambodia Wins Three Recognitions from ASEAN Sustainable Cities Awards Event
- 22 October 2021
Phnom Penh, Sen Monorom and Kep cities have grabbed three certificates of recognition for clean land, water, and air from the 5th ASEAN Environmentally Sustainable City (ESC) Award event organised by Indonesia on 21 October. The award-giving ceremony was held virtually via Zoom, with the participation of governors and relevant officials from across ASEAN countries. Cambodia received three pr...
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NR5 Renovations for Pursat Province Section Set for Completion by Years End
- 22 October 2021
The new Pursat Governor HE Chiao Tai has requested the Inter-Ministerial working group to accelerate work on NR5 for the section crossing Pursat province, aiming for completion by year-end or early next year. HE Chiao Tai made the request during the progress follow-up meeting with the relevant officers on Thursday 21 October. He said during the meeting that to date, the provincial administra...
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Gov’t Sets New Regulations Strengthening Control Over Casino Businesses in Cambodia
- 22 October 2021
The Cambodian government has issued new regulations to strengthen control over casino businesses in Cambodia, with all operators required to have a specific minimum capital depending on the types of business. The sub-decree, dated 26 August and released to the public within this week, stated that for casinos operating within an integrated commercial gambling centre, the minimal capital must be ...
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Pandemic & Rise in Office Supply in Q3 Pulls Occupancy Rate Down by 4.6% Q-o-Q
- 21 October 2021
The office market in Phnom Penh in Q3 remains under pressure with a 4.6% q-o-q drop in occupancy rates, and a 1.9% to 2.8% decrease of quoted rental prices across various types, according to CBRE Cambodia’s recent report. Given the current situation, landlords should be cautious of risks only not from the high vacancies caused by the pandemic but also oversupply, added the report. In Q3, the...
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APSARA Authority Approves Over 390 Construction Projects in Angkor Park in Jan-Sept
- 21 October 2021
From January to September this year, the Department of Land and Habitat Management in the Angkor Park of APSARA National Authority has given construction permits to a total of 392 families to build their new homes within the Angkor Archaeological Park. According to the announcement of the APSARA Authority on 20 October, the permissions were granted for 61 cases in January, 73 cases in February,...
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JICA Provides US$58-million Loan Expanding SR’s Water Supply Capacity
- 21 October 2021
The Japan International Cooperation Agency (JICA) in Cambodia has decided to provide an approximately US$58-million concessional loan to Cambodia for the expansion of Siem Reap’s clean water supply capacity. The loan agreement was signed virtually on 21 October between Minister of Economy and Finance HE Aun Pornmoniroth and Head of the Japan Cooperation Agency in Cambodia (JICA) Ms Kamei Haruko...
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Retail Occupancy & Rental Rates Slide Further in Q3 2021: CBRE
- 21 October 2021
Three new community mall projects were completed during the third quarter this year with four new international retailers joining the market, while occupancy and the rental rates continue to decline due to the pandemic pressure, according to CBRE’s most recent report. The completed retail projects are SCG Design Village, The Commune, and MC Park. Meanwhile, the four new entrances include Pizza ...
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King Officially Endorses New Investment Law
- 21 October 2021
His Majesty King Norodom Sihamoni has officially endorsed the newly drafted investment law. The Royal Decree on endorsing the Investment Law of Cambodia was dated 15 October and was published on 21 October. The draft was discussed by the government and parliament discussed and approved it in September. The law consists of 12 chapters and 42 articles, aiming to attract and enhance the inve...
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Transport Minister Urges US Firms to Engage More in Infrastructure Development
- 20 October 2021
The Minister of Public Works and Transport HE Sun Chanthol has placed high hopes on the US private sector gradually becoming further involved in the Kingdom’s infrastructure development, by urging US firms to consider bidding for more public projects in Cambodia. HE Sun Chanthol made the remarks in an online meeting on 20 October with the delegation from the ASEAN-US Business Council (US-ABC). ...
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Newly Approved Development Master Plan Enables Siem Reap to Build More Infrastructure
- 20 October 2021
The Cambodian government has officially announced the implementation of the Siem Reap Tourism Development Master Plan 2021-2035. Through the master plan, the government will focus on the development of infrastructure to create well-connected means for the tourism sector. The official launch ceremony was held on 20 October under the presidency of HE Aun Pornmoniroth, Deputy Prime Minister and Mi...
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Kandal Authority Issues Warning on Shutting Down Unorganised Construction Materials Transport Businesses
- 20 October 2021
The Kandal provincial administration has issued a warning that it will shut down sand, rock, and other construction materials transportation business that were found violating laws and regulations, in particular within the boundaries of Khsach Kandal and Lvea Em districts. Kandal Province Deputy Governor HE Nop Tara said during a meeting on 18 October that the business of transporting sand, soi...
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Special Teams Established to Re-Inspect Quality of SHV 34-Road Project Before Handover
- 20 October 2021
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has set up four special working groups to re-inspect the quality and defects of the construction of Sihanoukville’s 34-road renovation project before the official handover. MLMUPC Undersecretary of State HE Ly Raksmey said during a follow-up meeting on 19 October that the project will be ready to be handed over to the Sih...
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