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ខ្មែរ 
Vietnam Planning US$53 billion 30-year Airport Expansion
- 5 March 2021
Vietnam is planning to raise approximately US$53 billion in an ambitious plan to expand its aviation capacity over the next 30 years, according to the Civil Aviation Authority of Vietnam (CAAV). US$15.8 billion will be needed in the next 10 years for building and expanding airports across the country with a further US$37 billion between 2030 and 2050. New constructions include the new Long T...
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Ground broken on first river dam at Khmer – Thai border in Battambang
- 4 March 2021
Ground was broken on the Mongkul Borei River dam, the first-ever dam built at the Khmer - Thai border area, on 04 March, marking another rural infrastructure development in Battambang province. The dam is located in Mneas Kal and Kampong Chamlong Krom village in Kamrieng district. The groundbreaking ceremony was presided over by Battambang Governor HE Nguon Rattanak and representatives of ot...
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Cambodia, Singapore Officially Sign Agreement on Phnom Penh Logistics Centre Project
- 4 March 2021
The Ministry of Public Works and Transport (MPWT) and Singapore's YCH and Infrastructure Asia (IA) officially signed a framework agreement on the Phnom Penh Logistics Centre on 04 March. As a result, Cambodia has decided to select Singapore's YCH and Infrastructure Asia (IA) as private partners to study and develop the Phnom Penh Logistics Centre project. Meanwhile, the Ministry of Public Wo...
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New Borey Project to Boost Economic Potential of Dangkor District
- 4 March 2021
Advertorial A large Borey project in Dangkor district Ti Leang Dangkor Green Park has recently announced a new brand ambassador, former Miss Universe 2018 Roeun Nath, together with its news mission to boost the Dangkor district economic potential to the highest extent possible. Located on Prey Sar Road, this new Borey will be constructed on over 20 hectares of land. Besides having many varie...
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National Road 48 Rehabilitation Project Reaches Bidding Phase
- 4 March 2021
The Ministry of Public Works and Transport (MPWT) has said that the project to rehabilitate NR48 connecting NR4 to Koh Kong Province is in the bidding phase, and the procedure is scheduled to be completed soon. MPWT's spokesman HE Vasim Sorya said on Wednesday 03 March that the NR48 rehabilitation project will be implemented with a South Korean loan. At the end of the bidding process, the Mi...
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Construction Complete for New National Laboratory in Chak Angrae Leu
- 4 March 2021
Construction of the Science, Technology, and Innovation National Laboratory (STINL) building located along NR2 in Sangkat Chak Angre Leu has been completed, with the handover ceremony held on 03 March. The handover agreement is between HE Cham Prasidh, Minister of Industry, Science, Technology and Innovation (MISTI) and the construction firm Ly Chhuong Construction Co., Ltd. This new industr...
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Land Ministry HQ to Move to New Location This Month, Ahead of Official Inauguration
- 3 March 2021
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) headquarters will move to a new location in Sen Sok district on 15 March, while the official inauguration will take place in April as planned, according to the Ministry’s announcement on the morning of 03 March. The ministry will relocate from Monivong Blvd in Sangkat Boeung Trabek to the new location on Street 307 in Sen...
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Raising Property & Wealth Tax Could Speed Up Pandemic Recovery, says ADB Blog
- 3 March 2021
Cambodia and other countries in the Asia-Pacific should raise tax collection, in particular on the tax on property and wealth, to speed the economic recovery once the pandemic ends, according to the Asian Development Bank (ADB) blog. In the article entitled ‘How governments can use tax policy to speed pandemic recovery’, the authors suggested that taxing the wealthy, many of whose incomes have ...
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Second Border Market Project Ready for Ground-Breaking in Kampot Province
- 3 March 2021
The Ministry of Commerce and Kampot provincial municipality have finalised the location for a new border market in Kampong Trach district, with construction set to begin soon and is expected to be completed by mid-2022. The ‘Prek Chak Border Market’ will be built on over 2 hectares in Thgov village, Russie Srok commune in Kampong Trach district. The location is nearby the Prek Chak-Kien Giang C...
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Phnom Penh-Sihanoukville Expressway Takes Another Step Toward Completion
- 2 March 2021
Paving on the Phnom Penh-Sihanoukville Expressway is set to begin soon, while the whole project at this stage is approximately 40% complete. According to the official Facebook page of the Phnom Penh-Sihanoukville Expressway, on 02 March, the team has just completed the asphalt paving (ATB-25) on the sample section. Soon, the engineers will start the overall paving process, which marks another s...
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Property Price-Income Ratio in Cambodia Falls by 6.58%: US Report
- 2 March 2021
Property prices compared to incomes in Cambodia have decreased by 6.58%, which is the highest drop compared to other countries in the list amid the pandemic, according to a report from US healthcare firm Aetna. The report added that, even with this large fall, the property price and income ratio in Cambodia in mid-2020 remained relatively high at 39.8, the second-highest after Hong Kong at 43.5...
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NagaWorld Temporarily Suspends Operations after 11 Employees COVID-19 Positive
- 2 March 2021
NagaCorp announced on Monday 01 March that the firm has voluntarily suspended operations after 11 of their staff tested positive for COVID-19. According to the firm’s announcement, 3000 employees were tested by the Ministry of Health (MoH) on 27 February, and 11 were found positive. The main objective of the suspension is in response to the recent surge in community transmission or known as ...
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