CBRE: EBA withdrawal may harm industrial estates, retail, and property loans
The withdrawal of EBA trade privileges from Cambodia, which is expected to take place by August, may pose risks to the kingdom’s real estate sectors especially on industrial estates, in the retail sector, and for borrowing on residential real estate, according to the prediction of CBRE Cambodia. Based on the viewpoint report released by CBRE […]
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No sand exports since 2017, says Mines Ministry
The Ministry of Mines and Energy has claimed that there have been no exports of sand from Cambodia since 2017 due to both environmental issues as well as the increase in domestic demand given the current construction sector boom. The claim comes in response to research done by the University of Southampton in the UK, […]
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CCA to organise oversea business tours for members
The Cambodia Constructors Association is planning to organise oversea business tours for members to seek further business opportunities and broaden networks with foreign business partners. According to CCA Secretariat General Manager Mr Chhiv Sivpheng, the association is working on the details with partners, and is hoping to host the trip within this year. “Currently, we […]
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Australia to help strengthen construction safety in Cambodia
A total of 21 Cambodian officers will be sent for training on construction safety in Australia in March, as part of the Australian Government’s contribution to help strengthen construction safety standards in Cambodia. The official announcement regarding the project was made during a meeting between the Australian Ambassador to Cambodia H.E. Pablo Kang, and the […]
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Sihanoukville’s Ream Bay to become a US$16-billion mega tourist attraction
Ream Bay of Preah Sihanouk province will be transformed into a US$16-billion gigantic tourist attraction, spread over 800 hectares of land, according to the Ministry of Land Management, Urban Planning, and Construction. The project was announced during a meeting between H.E. Chea Sophara, Minister of Land Management, Urban Planning, and Construction, and related authorities on […]
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Ground broken on 11 road construction projects in Sihanoukville
Construction on 11 road projects in Sihanoukville officially started on 14 February 2020, with the ground-breaking ceremony presided over by H.E. Suong Heng, Secretary of State of the Ministry of Public Works and Transport. With a total length of 16km, the project includes the extension of National Road 4 from 2 to 6 lanes and […]
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MLMUPC organizes second construction law workshop
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) organized a second dissemination workshop on construction law for professionals in the construction sector at the Sokha Phnom Penh Hotel on 13 February. H.E. Chea Sophara, Deputy Prime Minister and Minister of Land Management, Urban Planning, and Construction stated, “The main goal of this law […]
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Offshore Block D oilfield agreement signed
The Ministry of Mines and Energy has signed an offshore Block D oilfield agreement with Cambodia Resources Energy Development Co. The oil agreement was agreed in December last year and the company is scheduled to start exploration for oil in the Block D in 2020, according to H.E. Cheap Sour, Director-General of Petroleum at Ministry […]
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Domestic cement factories produced nearly 8 million tons of cement in 2019
Local cement factories increased production to almost 8 million tons in 2019, while imported cement was valued at US$129 million in response to the high demand driven by the kingdom’s booming construction sector. A report from the Ministry of Mines and Energy shows that at present, Cambodia has five cement factories with the capacity to […]
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Construction on NR 10 connecting Battambang to Koh Kong to begin in March
Construction work on the new National Road No.10 connecting Battambang to Koh Kong is scheduled to begin in March, with the ground-breaking ceremony to be presided over by Prime Minister Samdech Hun Sen. The announcement on the ground-breaking schedule was made by Samdech Hun Sen during the ground-breaking ceremony for the renovation of National Road […]
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Government to prioritise Chroy Changvar – Svay Chrum Bridge with US$700m S. Korea loan
Prime Minister Samdech Hun Sen will prioritise the Chroy Changvar-Svay Chrum bridge by utilising the US$700 million loan recently provided by the South Korean government for 2019-2023. Samdech Hun Sen announced the plan during the ground-breaking ceremony for the renovation of National Road 2 and 22 on 11 February. “According to the feasibility study, the […]
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Three Japanese firms plan to invest in Phnom Penh waste management system
Three Japanese firms have expressed their interest in investing in a waste management system in Phnom Penh, with the government currently planning to renew the system in the interests of efficiency. The Japanese firms raised the issue during a meeting between Cambodian Prime Minister Samdech Hun Sen and the Japanese Ambassador to Cambodia H.E. Mikami […]
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