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ខ្មែរ 
Four Major Infrastructure Improvement Projects Set for Pursat Province
- 7 May 2021
Pursat authorities are currently working on four major infrastructure improvements around the Tonle Sap Lake, including building a new drainage system, wastewater treatment plant, landfill, and flood prevention system. Deputy Director of the Provincial Department of Public Works and Transport Mr Si Vuth said during the site inspection on 6 May that the four projects have been running smoothly d...
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Golden Gate Global Offers Boutique Concierge Service for International Buyers
- 7 May 2021
Buying New Homes is Made Easy for International Buyers Golden Gate Global and Isaford Co. Ltd are proud to offer Cambodian real estate investors a high-touch concierge home purchase service, providing exclusive access to new Lennar homes in more than 1,300 communities across the United States. Purchasing a Lennar home can be completed remotely or in person, and the entire process is highly s...
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AMRO: Faster Vaccination and Continued Fiscal Stimulus Keys to Economic Recovery
- 6 May 2021
The ASEAN+3 Macroeconomic Research Office (AMRO) has recommended Cambodia speed up vaccinations and continue providing more targeted and flexible policy measures to achieve economic growth in the upcoming years. This suggestion came after the preliminary assessment by AMRO during its virtual Annual Consultation with the Cambodian authorities from 19 April to 4 May 2021. AMRO forecast that th...
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Siem Reap Administration Issues New Guidelines to Enhance 38-Road Construction Quality
- 6 May 2021
The Siem Reap Provincial Administration has issued four new guidelines to local authorities and construction teams to implement in order to improve the quality of the 38-road project. According to the site inspection on 4 May, Deputy Governor Ngan Phirun said that these guidelines have been set to increase the cooperation between the local authorities and construction teams, which include: 1...
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Rehabilitation Work on NR76A in Mondulkiri Begins
- 6 May 2021
The Mondulkiri Provincial Authority yesterday broke ground on the rehabilitation work of the heavily damaged NR76A in Keo Seima district. The rehabilitation sector is approximately 4,300 metres long, between km67+500 to 71+ 880. Due to the severe damage, the authority decided to conduct a complete repair rather than regular maintenance. Mondulkiri Governor Svay Sam Eang said that the rehabil...
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First 7-Eleven in Cambodia Set to Open at PTT Prek Pnov Gas Station in July
- 6 May 2021
After 2 years of planning, 7-Eleven Cambodia is set to open its first branch this July at the Prek Phnov PPT gas station, according to the official announcement of the Department of International Trade Promotion (DITP), Thailand’s Ministry of Commerce. The statement added that the team is currently wrapping up the construction and interior decoration. Thus, if the lockdown does not significantl...
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Number of Registered Engineers Up By 103.2%, Architects By 40.9%
- 5 May 2021
The number of registered professionals in the construction sector by the end of 2020 increased by an average of 71.5% compared to 2019, thanks to the implementation of the new construction law, according to the Minister of Land Management, Urban Planning and Construction HE Chea Sophara. HE Chea Sophara revealed this data during the online meeting with Japan Ambassador to Cambodia HE MIKAMI Mas...
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Unlicensed Construction Sites Reduced by 7.7% After Construction Law Enforced
- 5 May 2021
The construction sector in Cambodia has seen further regulation since the new construction law was implemented in 2019. One positive result has been that the number of unlicensed construction sites nationwide dropped by over 7.7% from 2019 to the end of 2020. This data was presented during an online meeting between the Minister of Land Management, Urban Planning and Construction HE Chea Sophara...
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Gov’t Approves Six New Investment Projects Worth Over US$100 million
- 5 May 2021
The Council for the Development of Cambodia (CDC) has recently approved private firms to invest in building six factories, worth a total budget of approximately US$106.3 million in Kandal, Takeo, Kampong Speu and Preah Sihanouk provinces. The first investment permit has been granted to Yiankang Biological Technology Co., Ltd to invest US$2.9 million in building a food processing factory in Tumn...
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Progress Update on Five Affordable Housing Projects in Cambodia
- 5 May 2021
To date, Cambodia has a total of five approved affordable housing projects, three of which are landed properties with a total of 8,331 houses, and two others are co-owned buildings with a total of 7,256 units, according to the latest data from the Ministry of Land Management, Urban Planning and Construction (MLMUPC). Here is a progress update on those five projects: 1) Arakawa Affordable Hou...
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Tokyo-Nagoya Maglev Line Construction to Cost US$14 billion More
- 4 May 2021
The ultra-high-speed maglev train project running between Tokyo to Nagoya is expected to cost up to US$64 billion, an increase of almost US$14 billion in addition to the original estimated cost, according to Nikkei Asia. The increase in budget is from the higher than expected costs for building complicated segments as well as from earthquake-proofing measures and removing soil produced by drill...
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World’s Largest Ecotourism Project Gets US$3.76bn, First Phase Open Next Year
- 4 May 2021
The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project on the Red Sea has closed a US$3.76 billion term loan with four Saudi banks. Meanwhile, the resort is expected to welcome tourists for the first time in 2022. According to the firm’s press release on 27 April, Banque Saudi Fransi, Riyad Bank, Saudi British Bank and Saudi Nationa...
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