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ខ្មែរ 
Cambodia Generates 2,731 mW Energy Domestically, to Increase to 10,000mW by 2030
- 7 June 2021
Currently, Cambodia can domestically produce total energy up to a maximum of 2,731 mW, while the government is boosting more energy investment to increase power capacity to 10,000 mW by 2030. According to the Ministry of Mines and Energy, power sources in Cambodia are from heavy fueled power plants at236 mW, biomass-fueled power plants at 111 mW, solar PV stations at 360 mW, coal-fired power pl...
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Future of Divided Land Plot Business in Cambodia: Is the Buyer the Victim?
- 7 June 2021
A 32-year-old factory worker and also a divided land plot buyer who prefers to be called Da told Construction & Property News that she decided to buy a 5x20m plot of land along NR5 near Oudong because the price was low plus there was an affordable instalment program. She hopes one day she might make a profit from selling the land or build a house there. "Actually, I am quite worried that in...
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Borey Golden Park officially launches new sale office
- 5 June 2021
Advertorial: Borey Golden Park has officially opened its new sales office, aiming to better serve customers especially for The Natural Project in Chroy Changva. Located along Mao Tse Tong Blvd. Building 170A-B, the new office will provide all-in-one consulting services for customers for Borey Golden Park’s project, the Natural Project in particular. Located in a high potential area of Chr...
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MPWT to Build Cambodia’s First Asphalt Concrete Production Factory
- 5 June 2021
The Ministry of Public Works and Transport (MPWT) is planning to build Cambodia’s first asphalt concrete (AC) factory at the Kampot and Kep provincial border within this year, aiming to produce its own AC for road construction usage. MPWT Minister HE Sun Chanthol said during an inspection on the morning of Friday 04 June that the factory will have the capacity to produce 120 tons of AC per hour...
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Review of Draft Law on Payment Guarantee for Four Large-Scale Energy Projects Complete
- 4 June 2021
The National Assembly (NA) Committee has completed the review on four draft laws securing that the government will make payments as agreed to three private firms for investing in four large-scale energy-related projects. These four draft laws will be included in the agenda of the upcoming 6th National Assembly session, according to the NA’s meeting on Thursday 3 June. According to the meetin...
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Two New Factories Worth Over US$10 million Approved for Kandal and Phnom Penh
- 4 June 2021
The Council for the Development of Cambodia (CDC) has recently approved private firms to invest in building two factories, worth a total budget of approximately US$10 million in Kandal and Phnom Penh. The first investment permit has been granted to Impak (Cambodia) Co., Ltd to invest US$5million in building a suitcase and bag factory in Damnak Koh village, Samrong Leu commune, Ang Snoul distric...
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Construction & Real Estate Sectors Growth Conditional on How Gov’t Contains COVID Outbreak: NBC
- 4 June 2021
Due to the 20 February COVID-19 community outbreak, the growth projection of the construction and real estate sectors remain highly conditional on how the government contains the outbreak and how global and regional economic activities will rebound in the second half of 2021, according to the National Bank of Cambodia (NBC). NBC’s Financial Stability Review 2020 published on 31 May stated that ...
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Fourth Japanese-Funded Automatic Screen Pit Installed in Phnom Penh Drainage System
- 4 June 2021
The fourth Japanese-funded automatic garbage collection machine in the drainage system (automatic screen pit) in Phnom Penh has been installed and officially put into operation on Thursday 3 June. The inauguration ceremony was held in the presence of the First Secretary of the Japanese Embassy Mr Toshikazu Tokioka, JICA Representative Ms Aya Tokumoto, and Director of the Department of Public Wo...
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FDI Inflow for Construction & Real Estate Sectors in 2020 Decreases by 10.6%: NBC
- 4 June 2021
Total FDI inflows, mainly to the financial, construction, real estate, and manufacturing sectors, were recorded at US$3.5 billion in 2020, a 1% decline. Among them, FDI to the construction and real estate sectors, which accounts for 17% share of the total FDI, decreased by 10.6%, according to the National Bank of Cambodia (NBC) Financial Stability Review 2020 published on 31 May. China is still...
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200-year-old Khmer house in Kratie to Become Provincial museum
- 4 June 2021
Recognising the value of old architecture, the Kratie Provincial Department of Culture and Fine Arts is planning to transform a 200-year-old wooden house or known as the 100-pillar house, into a new provincial museum, according to the Ministry of Information on 2 June. Deputy Director of the Kratie Provincial Department of Culture and Fine Arts Hok Phallini, said that the 100-pillar house will ...
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Number of Restructured Loans for Construction Sector at Over 20k Accounts in 2020, says NBC
- 3 June 2021
The total number of restructured loans in 2020 was recorded at over 24,000 accounts, of which borrowers from the construction sector ranked third with a total of 20,609 accounts, according to the National Bank of Cambodia (NBC) Financial Stability Review 2020 published on 31 May. The report added that this huge amount of restructured loans has helped many COVD-19 affected borrowers in the kingd...
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NBC: Credit Growth in Construction & Property Decelerates, Easing Concerns on Overheating Market
- 3 June 2021
Loans to construction and real estate activities in 2020 expanded at a slower rate of only 23%, as the construction boom stalled due to the pandemic. This deceleration of credit growth has eased some concerns on the overheating property market, according to the National Bank of Cambodia (NBC)’s Financial Stability Review 2020 published on 31 May. By sector, credit growth in construction remaine...
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