Gov’t has issued over 6 million land titles as of the end of 2020
As of the end of 2020, the Ministry of Land Management, Urban Planning and Construction (MLMUPC) has issued more than 6 million land titles, or equivalent 86.8% of the total unregistered 7 million land plots nationwide. According to a recent report of MLMUPC, the systematic land registration has reached more than 5.4 million titles and approximately 5 million of which have been distributed to t...
Read MoreTransport Ministry to Launch Two News Weigh Stations on RR2 and in Kratie Province
To prevent road damage caused mostly by overweight vehicles, the Ministry of Public Works and Transport (MPWT) will soon set up two new weigh stations on the Phnom Penh Ring Road 2 and in Kratie Province. MPWT also plans to build two more in those vulnerable provinces. MPWT Secretary of State HE Seng Chhuon said on 05 February that these two new weigh stations will help encourage heavy vehic...
Read MoreMasterplan for US$16 billion Ream City Development Approved
A masterplan to develop an 834-hectare sustainable Ream City by Singaporean firm Surbana Jurong has been approved by Canopy Sands Development, a member of Prince Holding Group, according to The Straits Times. Worth over US$16 billion, the Ream City project will transform the region into a new ecosystem of tourism, commercial and residential city that could house up to 130,000 residents. Acco...
Read MoreLand Price Update in Phnom Penh, Siem Reap, and Sihanoukville
According to Key Real Estate data, during the second half of 2020, land prices in Siem Reap and Sihanoukville dropped on average by 11.2% and 7.2% respectively compared to the same period in 2019. Surprisingly, land price across 14 districts in Phnom Penh on average remained robust, seeing a slight increase of 4.4% despite the COVID-19 pandemic. For Phnom Penh, among all districts, Dangkor dist...
Read MoreSouth Korea to Develop Smart Farm Project in Cambodia
Cambodia and South Korea last week signed an MoU to establish a Smart Farm Project in Cambodia, through aid of the Republic of Korea, for Cambodia's agricultural development. The signing ceremony was presided over by HE Ngin Chhay, Delegate of the Royal Government of Cambodia in charge of the Director-General of the General Department of Agriculture and Dr Harry Hwang, Executive Director and Fo...
Read MoreNew US$900m Siem Reap Airport Aiming for 67% Completion in 2021
Angkor International Airport Investment (Cambodia) Co., Ltd. (AIAI) will accelerate the construction progress of the new Siem Reap International Airport, aiming for 67% completion by 2021, and full completion by 2023 as planned. AIAI revealed this 2021 plan during a site inspection by Siem Reap Governor HE Tea Seiha on 06 February. The company reported that by the end of 2020, the overall pr...
Read MoreNatural Canal Rehabilitation Project in Sihanoukville 90% Complete
The 27-kilometre natural canal restoration project in Sihanoukville has been going smoothly and is now 42% complete, according to a report from the General Department of Wastewater Treatment System of the Ministry of Public Works and Transport. This natural canal rehabilitation project is being implemented by the General Department of Wastewater Treatment System in collaboration with a Chinese ...
Read MoreChip Mong Retail Announces Official Leasing Launch for 271 Mega Mall
Chip Mong Retail has officially opened for business partners and well-known local and international brands to apply for retail space leasing in the Chip Mong 271 Mega Mall before the official opening in 2022. Meanwhile, the Chip Mong Sen Sok Mall will also be officially inaugurated in June this year. President of Chip Mong Retail Arnaud Dufresne said during the sale launch gala dinner on 05 Feb...
Read MoreWork on Land Dispute Resettlement for New Phnom Penh International Airport 43% Complete
Land disputes affecting the construction of the new US$1.5-billion Phnom Penh International Airport in Kandal province have so far been settled with 43% of local residents, according to a recent report by the Ministry of Land Management, Urban Planning and Construction (MLMUPC). Since the beginning of settlement process until December 2020, the total issues settled cover more than 1,100 hectare...
Read MoreCDC Approves Eight Investment Projects Worth Almost US$100m
The Council for the Development of Cambodia (CDC) has officially approved private firms to invest in building five factories, two hospitals and a solar power plant, worth a total of almost US$100 million in Takeo, Kampong Speu, Kampong Chhnang, Svay Rieng, Kandal and Phnom Penh. The first investment permit has been granted to Mayco Furniture Company Limited to invest US$3.8 million in building ...
Read MoreThree Development Projects Win Awards for Best Rural Community Transformation
Three infrastructure development projects in Phnom Penh, Siem Reap and Pursat have recently received awards for outstanding rural development and community transformation works. The award-giving ceremony was held by the National League Council on 03 February under the presence of Permanent Secretary of State of the Ministry of Interior HE Sak Setha. The three award-winning projects are the c...
Read MoreGov’t Allocates 4 Hectares of Land in Boeung Ta Mok to Ministry of Civil Service
The Cambodian government has decided to allocate 4 hectares of Boeung Ta Mok land to build a new headquarters for the Ministry of Civil Service, according to Sub-Decree No. 63, dated 28 January 2021. According to the letter, this 4-hectare site is located west of the land given the Ministry of Justice land in Sangkat Kork Roka of Prek Phnov District. In 2020, the Cambodian government decided...
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