Samdech Techo Hun Sen Boulevard expanded at the intersection of St. 271
Samdech Techo Hun Sen Blvd (60-metre road) has been widened to its full size at the intersection of St. 271, Chramouh Chrouk Kbal Tnal Road, after completion of an impact study. The impact study was a long process before a final settlement was reached with local citizens, as they finally accepted the development company’s offer. […]
Read More
Garden and sidewalk development project in Beong Samrong paused due to land disputes
Phnom Penh City Hall’s garden and sidewalk development project in Beong Samrong has been paused due to land disputes, as some residents continue to occupy state property around the area. In order to save drainage and the lake surface land, Phnom Penh City Hall decided on 30 March 2020 to pour the dam along the […]
Read More
MEF calls for permit and license applications by end of April
The Ministry of Economy and Finance (MEF) has called on all owners of lot development businesses to apply for their permits of lot development businesses and land licenses of lot developments before 30 April this year. “MEF has mandated all owners of lot development business occupying land under 10,000 square meters to apply for their […]
Read More
2020: What and where to invest in real estate?
2019 has been another great year for the real estate sector in Cambodia due to increasing demand from both local and international investors. According to the Ministry of Land Management, Urban Planning and Construction (MLMUPC), a total of US$9.3 billion worth of investments came into the kingdom, spread across 4,446 approved investment projects, which represented […]
Read More
No travel ban from one district to another, the government’s resolution statement
On April 10, 202, the government issued a new decision stating that there is no travel ban from one district to another in the same province and that Phnom Penh and Kandal are considered one same region through which people can travel. Please note that this decision is an amendment to Order 02B.B issued on […]
Read More
CBRE: Condominium prices to face downward trend if COVID-19 continues
CBRE Cambodia has reported signs of a possible downward trend in condominium prices in the first quarter of 2020 and projected them to go down further if the COVID-19 socio-economic crisis continues. The report, issued on 6 April, shows the effects of COVID-19 on real estate prices, especially condominiums price per metre in the high-end […]
Read More
Deputy Prime Minister Chea Sophara hands over 680 affordable homes to citizens in Kandal province
People in Phum Kot, Sangkat Ro Ka Kpus, and Takhmao city in Kandal province received 680 affordable homes from H.E Chea Sophara, Minister of Land Management, Urban Planning, and Construction. These homes are part of the 2457 affordable house project developed by WorldBridge Homes Co., Ltd under the government’s National Policy on Housing. WorldBridge’s Affordable […]
Read More
Government bans intra-national travel to prevent the spread of COVID-19
Samdech Techo Hun Sen has ordered the imposition of travel restrictions to within city limits, from province to province and from district to district throughout the kingdom, starting from 24:00 on Thursday 9 April to 24:00 on Thursday 16 April 2020 to prevent the spread of COVID-19, according to a government order issued on the […]
Read More
Government reduces US$918 million in expenses from state departments excluding road development
Samdech Techo has announced that the government has reduced US$918 million in expenses from all state institutions to combat the COVID-19 outbreak; however, the road and canal development budget will be not reduced, as it is a high priority need. The announcement was made at a press conference on updating the current situation of COVID-19 […]
Read More
Government announces all workers and civil servants to work as normal during Khmer New Year
Samdech Techo Hun Sen has announced that all workers and civil servants are to continue to work as normal during the Khmer New Year to prevent the spread of COVID-19 during the Khmer New Year. The announcement was made at a press conference on updating the current situation of COVID-19 in Cambodia at the Peace […]
Read More
Samdech Techo continues calling for private sector rental price reduction
Samdech Techo Hun Sen, Prime Minister of Cambodia appealed for understanding from the private sector to reduce rental prices during the period of threat from the COVID-19 pandemic. On April 7 2020, at a special Press Conference briefing on the COVID-19 in Cambodia at the Peace Palace, Samdech Techo Hun Sen once again requested the […]
Read More
Neak Loeung Bridge: 5th anniversary reminds of priceless Cambodia-Japan friendship
“… When I was present on this bridge, I felt so excited for the beauty of the bridge crossing this beautiful ever-flowing Mekong River…Today marks the 5th anniversary of the Tsubasa Bridge, the memorial of Cambodia-Japan Friendship”, expressed H.E Mikami Masahiro Japanese Ambassador in Cambodia on the occasion of the 5th anniversary of the Tsubasa […]
Read More