New Kampot Concrete Bridge Set for Completion End of 2021
Construction of the Samdech Techo Troeuy Koh concrete bridge in Kampot city connecting Troeuy Koh and Andong Khmer communes is scheduled to be completed by the end of 2021, according to the Kampot provincial administration on 28 April. Kampot Governor HE Cheav Tay said during the site inspection that his office has been urging the working group to speed up the construction progress and also ask...
Read MoreAnalysts Question ADB’s Property & Construction 2021 Growth Forecast
The Asian Development Bank (ADB) on 28 April released a report forecasting that the Cambodian economy will grow by 4% in 2021 and 5.5% in 2022, while the construction and real estate sectors are also expected to recover from last year’s contraction. This growth forecast is indeed a positive sign. However, given the current lockdown and community outbreak situation, will the growth happen as for...
Read MoreResidents Near Sites of Siem Reap Road Sites Urged to Connect to State Water System
The Siem Reap Provincial Administration has urged citizens and business owners living nearby the construction sites of the 38-road renovation project to apply for connection to the state water system now or at least before the construction is complete. According to the official announcement on 27 April, as the 38-road project also includes rearrangement of the underground wastewater and clean w...
Read MoreKampong Speu to Have Safe New Open-Air Market as COVID-19 Positive Cases Surge
The Kampong Speu provincial administration has decided to set up a temporary open-air market inside Oknha Chhuon Kimsan’s land plot in downtown Kampong Speu to prevent the spread of COVID-19, as more positive cases are found in the province. According to the official announcement on 28 April, the market will have a total of 200 stalls, and vendors can use the stalls free of charge. HE Govern...
Read MoreHow Can Foreigners Buy Land in Cambodia?
The 1993 Cambodian Constitution states that only persons or legal entities of Khmer nationality have the right to own land. However, this law does not prohibit foreigners from investing in land in Cambodia. So, how can foreigners buy land in Cambodia? 1) Through Khmer National Nominee This method allows a foreigner to buy land by having a Cambodian representative hold the title for them. Thi...
Read MorePoipet Casinos Ordered Closed as Community Outbreak Surges
The Banteay Meanchey Provincial Administration has ordered the temporary closure of all casinos in Poipet as more COVID-19 positive cases are found in the province, according to an official announcement on 27 April. There were 171 cases of COVID-19 reported in the province on Tuesday, prompting authorities to issue the temporary closure notice. According to the provincial administration dire...
Read MoreADF Helps Cambodia Develop a Long-Term Energy Trajectory-Modelling Tool
Agence Française de Développement (AFD) has provided €300,000 to help Cambodia develop a long-term energy trajectory-modelling tool, according to a press release early this month. The fund is provided through a program entitled “Energy Sector Modelling Tool for the Ministry of Economy and Finance of the Royal Government of Cambodia”, with the aim to support long-term low carbon development plan...
Read MoreLand Ministry Speeding Up Work on Land Usage Masterplan in Sihanoukville
The Ministry of Land Management, Urban Planning, and Construction (MLMUPC) recently chaired a meeting to review and speed up the progress of land usage planning in Sihanoukville with the aim of boosting the province's potential.. Held on 27 April via zoom, the meeting focused on the two major areas, including the Sihanoukville download (vision to 2038) and the Boeung Kang Kep development zone. ...
Read MoreHong Lai Huat, CMEC to Co-Build 200-MW Solar Power Plant in Kampong Speu
Real estate developer Hong Lai Huat Group Ltd and China Machinery Engineering Corp (CMEC) have teamed up to invest in building a 200-MW solar power plant at the Aoral Eco-City in Kampong Speu province. Both firms have already signed a non-binding MoU to create a special purpose vehicle (SPV) and collaborate for at least 20 years, with a 20-year renewal option, according to Renewables Now. Ho...
Read MoreAuthorities Close More Factories, Markets, Business Centres in Sihanoukville
Sihanoukville Provincial Administration has decided to temporarily suspend the operation of three major businesses in Sihanoukville for 14 days after finding more positive cases of COVID-19. According to the official announcement issued on 26 April, the three businesses include; Dara Samnang Business Center located in Village 3, Sangkat 1; New Star shoe factory in Village 1, Sangkat 1; and Yeay...
Read MoreAll State & Unregulated Markets Closed for 14 Days
Due to the continuous spike in COVID-19 cases, the Phnom Penh Municipality issued an order on April 23 to close all state and unregulated markets in Phnom Penh for 14 days, from 24 April to 7 May. According to the announcement, state markets and unregulated markets refer to early-morning markets, community markets, markets in land plot communities, markets around hospitals, and street markets, ...
Read MoreUnderstanding Six Types of Property Ownerships in Cambodia
For most people, property ownership might only refer to public or state ownership. However, according to the Land Law and the Civil Code, ownership of immovable property is divided into six categories. 1) Private Ownership This type is the most common that all legal immovable property owners possess. It shows that the property is privately owned by you. According to Article 138 of the Civil ...
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