Ministry of Culture Reveals Initial Investigation Result Over Alleged Angkor Wat Replica in Thailand
The abbot of the allegedly Angkor Wat-like temple in Thailand has claimed that the construction of the temple in Buri Ram province did not copy the design of Angkor Wat, but as the floorplan was originally designed based on the inspiration of some other temples in the area. This is according to preliminary information obtained by Cambodian Embassy officials in Bangkok during their site inspecti...
Read MoreCNGC to Build Large-Scale LNG Terminal and Network in Phnom Penh
Cambodia’s only natural gas operator Cambodia Natural Gas Corporation (CNGC) has unveiled its plan to invest in building a liquefied natural gas terminal with an inclusive network system in Phnom Penh, citing that LNG will be imported from abroad. CNGC’s plan includes 27 urban LNG multi-function stations, a fleet of LNG trucks, and 2,825 kilometres of inter-provincial high-pressure pipelines. M...
Read MoreCDC Approves 87 Investment Projects Worth Almost US$3 Billion in H1, Up By 10%
The Council for the Development of Cambodia (CDC) in the first half of 2021 approved 87 new investments both new and expansion projects, equivalent to almost US$3 billion, which is an increase of about 10% compared to the same period last year. According to Fresh News on 6 July, compared to the same period in 2020, the number of projects decreased by 63 projects or 72%, but the investment capit...
Read MoreCBRE: Property Market Still Facing High Degree of Uncertainty Despite Vaccine Roll-Out
The real estate market in Cambodia remains under pressure and is still facing a high degree of uncertainty despite the very impressive vaccine roll-out by the government, with experts not expecting to see a recovery this year. According to the CBRE Cambodia 2021 Mid-Year Review Webinar yesterday, all four main sectors of the property market are still seeing a downward trend. For the condomin...
Read MoreGolden Park to Launch Official Pre-Sale with up to a 12% Discount
Advertorial One of Cambodia’s leading real estate developers Golden Park will launch an official pre-sale of The Natural Project on Thursday 8 July with up to a 12% discount and a 24-month instalment term without interest. The Natural Project is a modern borey (Landed Property) spread out on over 50 hectares with 4.5 hectares of green space and a nature park. Located in the high potential ar...
Read More1,000 Hectares in Koh Kong Allocated for Defense Ministry Development Zones
The Koh Kong Provincial Administration has agreed to allocate 1,102 hectares of its reserved land to the Ministry of National Defense for the development of Samdech Pichey Sena Tea Banh and the Ministry of National Defense vacation zone. The Minister of National Defense Samdech Tea Banh was quoted by the Phnom Penh Post on 6 July saying that the project will be a modern and inclusive developmen...
Read More1,829 Construction Projects Worth US$2.3 Billion Approved in First Five Months
During the first five months of 2021, a total of 1,829 construction projects have been approved, a decrease of 278 projects compared to the same period last. These projects have a total amount of estimated investment value of US$2,349 million, which also dropped by 32%. This is according to the recently published Social-Economic Trend report from the Ministry of Economy and Finance. Among al...
Read MoreMinistry of Environment Issues New IESIA Guidelines for Five Development Sectors
The Ministry of Environment (MoE) has issued five new Prakas providing detailed procedural guidelines on five development sectors while conducting their Initial Environmental Social Impact Assessment Report (IESIA). According to five different Prakas dated 29 June 2021, those sectors include: 1) All kinds of construction with a total area of between 15,000 to 45,000 square metres, except for...
Read MoreCambodia Probing Angkor Wat Replica in Thailand
The Ministry of Culture and Fine Arts has requested the Cambodian Consulate in Thailand to thoroughly investigate the construction of a temple in Thailand, which internet users claimed has copied the architectural style of Angkor Wat. According to social media, the Angkor Wat-like temple project named Sihanakhon is currently being built in Buriram province, about 300 kilometres from Bangkok. ...
Read MoreConstruction of Koh Tonsay Tourist Port 75% complete
The construction of Koh Tonsay Tourism Port in Kep province is over 77% complete and is scheduled to begin operation soon. Director of the Department of Inland Structures and Ports of the MPWT Ros Sophorn told AKP that the construction of the port has been underway for more than a year, which is a bit behind the schedule. The port will have a total area of 3,400 square metres with depths var...
Read MoreUS$8-million ENT Center of Preah Ang Doung Hospital to Begin Operation Next Year
The construction of the US$8-million Korean-funded Ears Nose & Throat Centre (ENT Centre) at the Preah Ang Duong Hospital in Phnom Penh is ongoing smoothly and is set to begin operation next year. The update was shared during a site inspection made by the Minister of Health HE Mam Bunheng on 05 July. With ground broken in March 2020, the project is being built with grant aid from South K...
Read MoreMajor Infrastructure Plan Set for New Development Zone in Banteay Srei District
The new Run Ta Ek development zone in Siem Reap's Banteay Srei district will soon welcome a whole new set of infrastructure as the inter-ministerial committee are speeding up the works on the masterplan preparation. This new development was proposed to host over 560 families who moved from downtown Siem Reap as their residences were affected by the 38-road renovation project. According to an...
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