Ministry of Interior to reform national level land management-related service
The Ministry of Interior is committed to strengthening the quality of service providing information about land management, urban planning, and construction at the national level through a one-window service to give quality service provision to the people. The study plan was discussed in a meeting between H.E. Khoung Sreng, Phnom Penh Governor and an inter-ministry […]
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Experts: Luxury hotel closures related to internal issues
A number of four-star and five-star hotels have recently announced the closure of their businesses citing economic reasons for their demise. Tourism experts have said that business closures are not a bad sign for tourism in general. The 23-year-old former Inter-continental in Phnom Penh -The Great Duke Hotel – announced the closure of its operations […]
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France Provides US$100 Million for Clean Water Treatment Plant Construction in Bakeng Phase II
French government through the Agence Francaise de Developpement (AFD) has provided US$101 million in sovereign loan for Bakeng Clean Water Treatment Plant in Phase II which is capacity of producing 195,000 cubic meter per day. According to a press release issued on December 31 from Ministry of Economy and Finance, agreement of the sovereign loan […]
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Two Footbridges Constructions in Phnom Penh Launched
Phnom Penh City Hall started construction of two footbridges along the Mao Tse Tong Blvd to facilitate the pedestrians. Once the constructions finished, the footbridges in Phnom Penh will be 5. The groundbreaking ceremony of the footbridge constructions was held on December 28 under the presence of H.E. Khoung Sreng, Phnom Penh Governor. The footbridges […]
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Royal Group announces US$300 million investment on Koh Rong Island
The Royal Group, one of the largest investment companies in Cambodia, has announced a joint venture investment project with a Chinese investment company which worth 2 billion Chinese Yuan (approximately US$285 million) to build a five-star hotel and resort on Koh Rong Island in Preah Sihanouk province. The project was announced in a meeting with […]
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Kampong Speu footbridge officially opens
A footbridge crossing National Road 4 located in Chbar Mon town, Kampong Speu province has been officially put into operation to contribute to promoting the city’s beauty and facilitating ease for pedestrian commuters. The opening ceremony was held on 29 December in the presence of H.E Vei Samnang, Provincial Governor of Kampong Speu. According to […]
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Singapore experiments building roads with waste ash
To extend the life of its overflowing landfill sites and to reduce its dependency on imported sand, Singapore is testing the use of treated incineration bottom ash as the base material for building roads. Field trials using 3,000 tonnes of ash collected from waste-to-energy plants, branded “NEWsand”, will take place on a stretch of the […]
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Foreign condo transfers rise again in Thailand
Foreign condominium purchase transfers in Thailand showed a 1.8% year-on-year rise in the first three quarters of 2019 with Chinese investors leading the way accounting for almost 58% of all transfers. The majority of the transfers were the result of off-plan purchases made over one year ago and the rise in transfers reflects the strong […]
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CDC approves investment projects worth close to US$2 billion
The Council for the Development of Cambodia (CDC) has approved investment projects in the sectors of energy, retail, tourism, and commercial buildings with a total investment close to US$2 billion. According to a CDC press release on 25 December, it approved investment projects for a hotel and a commercial building. BOCC Development Co Ltd will […]
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Construction projects increase by 55% in 2019
4,446 projects construction projects were approved in 2019, a 55% increase compared to 2018, while investment totalled US$9.3 billion, representing a year-on-year increase of 78%. The annual report from the Ministry of Land Management, Urban Planning, and Construction showed that construction projects nationwide were built over 18.5 million square metres, a 62% increase compared to […]
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Government approves Aeon 3 project
The Council for the Development of Cambodia (CDC) on 25 December approved the investment project for third Aeon mall which is to be located along Samdech Techo Hun Sen Boulevard, also known as the 60-metre wide road. The project is an investment by Aeon Mall (Cambodia) Co., Ltd using a capital of US$289.6 million and […]
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Stueng Trang-Krouch Chmar Bridge Construction Completes 75 Percent
Construction of Stueng Tranng-Kroch Chmar Bridge, linking Kampong Cham province and Tbong Khmum province has finished 75 percent of construction as of December. The Ministry of Public Works and Transport updated the progressing of construction on December 25. The ministry said the ministry’s working group in charge on the project asked the construction company to […]
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