Authorities Speeding up Phnom Penh Drainage System Rehabilitation Works to Prevent Flood in Rainy Season

Even with the recent surge in the COVID-19 community outbreak, the relevant government bodies are still actively working on the road constructions, canal dredging, and especially the drainage system rehabilitation works across Phnom Penh to prevent floods during the upcoming rainy season. Director of the Department of Public Works and Transport Sam Piseth said yesterday that one of the ongoing ...

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Stueng Trang-Krouch Chmar Bridge Opens for Public, Inauguration Ceremony to Follow

The bridge connecting Stueng Trang district in Kampong Cham province to Krouch Chhmar district in Tbong Khmum province was opened to the public from 23 March to facilitate travel and celebrate the upcoming traditional Khmer New Year. Minister of Public Works and Transport HE Sun Chanthol made the announcement during a site inspection on the morning of 23 March. HE Sun Chanthol stated that th...

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Gov’t Asks Real Estate Developers to Ease Clients’ Financial Burden Amid Pandemic

The Cambodian government yesterday called on all real estate developers in Cambodia to adjust their payment terms and help ease the financial burden of their buyers if needed, as the recent surge in community outbreak has affected many people. The move came after the National Bank of Cambodia (NBC) and the Ministry of Economy and Finance (MEF) organised a meeting to review and discuss the chall...

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Researchers Unveil New Monitoring Platform to Mitigate Dam and Climate Impacts on Mekong River

Researchers have recently developed a new platform that uses data from satellite, remote sensing, and geographic information system (GIS) to monitor Mekong River water levels, with the hope to mitigate droughts and other related issues caused by excessive dam constructions and climate change. According to The Third Pole’s report last week, the new online system was developed by the Stimson Cent...

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Koh Kong Land Encroacher Comes Forward After Calls

Following recent calls from the government regarding the illegal landfilling activities at a public canal in Tuol Korki Krom village in Koh Kong province, the encroacher has finally come forward to resolve the situation, according to an announcement by the Koh Kong administration. The source stated that the illegal landfilling activities have damaged 4,000 square metres of public mangrove fores...

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30m Road Connecting Aeon Sen Sok to Win-Win Blvd 90% Complete

The new 30-metre-wide road from the Aeon Sen Sok area to Win-Win Boulevard is now 90% complete, while the construction team is currently installing streetlights and working on decoration. "To date, the main construction has been completed. The team are now installing 100 streetlights on the road from Borey Angkor to the front of Grand Phnom Penh," said Sam Piseth, Director of the Department of ...

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Japan Provides More Grant Aid for Infrastructure Development in Cambodia

he Japanese government has agreed to provide approximately US$600,000 in grant aid to build infrastructure in Pailin, Kampong Thom and Svay Rieng provinces, after also providing around US$500,000 last week for other development projects in five provinces. The grant contracts were signed on 19 March between Japan Ambassador to Cambodia HE Mikami Masahiro, and the recipients to carry out construc...

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Kampong Chhnang Land Department Warns Public to be Cautious of Online Real Estate Agent

The Kampong Chhnang Provincial Department of Land Management, Urban Planning, Construction and Cadastral Department has issued a statement informing the public to be careful about a Facebook page named "Dara Panha Real Estate" which posts content selling unregistered land plots. According to the statement released on 21 March, the land plots that the page is trying to sell are located in Villag...

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Understanding the Lender’s Rights on Pledged Assets in Cambodia

A pledge is a transaction in which borrowers give possession right of either their movable or immovable property to lenders as collateral to secure a debt or loan. As a lender/lender, besides being able to possess the property, what other rights do you have on the pledged asset? Can the lender sell the pledged asset if the borrower defaults on the debt? According to the Civil Code and Land Law,...

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International investors eyeing residential properties by the largest homebuilder in the U.S.

Golden Gate Global works closely with Lennar International to offer international real estate investors exclusive opportunities for U.S. home purchases through Lennar’s extensive inventory of residential communities in 21 states of the USA. With global diversification and currency risk management playing an increasingly critical role in investment planning, individuals recognize the need to bro...

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Gov’t Approves Seven Investment Projects Worth Over US$60 million

The Council for the Development of Cambodia (CDC) has officially approved private firms to invest in building six factories, and an aquaculture centre, worth a total budget of US$60 million in Takeo, Pursat, Svay Rieng, Kandal, Preah Sihanouk and Phnom Penh. The first investment permit has been granted to Yuan Shuo (Cambodia) Co., Ltd to invest US$2.2 million in building a factory to assemble e...

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Another Hospital in Dangkor District to Become New COVID-19 Treatment Facility

The Nokor Tep Women’s Hospital located in Sangkat Prey Sar of Dangkor district has been chosen to become another COVID-19 treatment facility, according to Prime Minister Hun Sen during a site inspection on 19 March. Nokor Tep Women's Hospital has a total area of 25,000 square metres and a capacity of 500 beds. Besides a large capacity, the hospital is also equipped with standard medical equipme...

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