Gov’t Revokes 20-hectare Boeung Ta Mok Land Allocation and Cancels Construction of Sub Military Headquarters

The Cambodian government has decided to nullify the privatisation of 20-hectares of Boeung Ta Mok, and cancel the construction of a sub military headquarters building on 1.5 hectares of land in Daun Penh district, according to Sub-Decree issued 13 January 2021. In December 2020, the government issued two announcements, one of which decided to hand over 20 hectares of Ta Mok Lake to Mr Lon Hak a...

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Gov’t Threatens to Revoke License from Mondulkiri Mine Site if No Gold in 2021

The Minister of Mines and Energy HE Suy Sem has recently warned Rong Cheng Industrial Investment Cambodia Co., Ltd that if no gold os extracted from the Mondulkiri mining site by the end of this year, the government may revoke their business license. According to the Ministry of Information, HE Suy Sem said on 12 January that the ministry had given the company a 10-year license. However, the co...

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The Parkland 6A: Perfect Housing for Modern Living

Chip Mong Land, one of Cambodia’s leading real estate developers, has unveiled their plan to develop the Parkland 6A, a massive residential project in the Chroy Changvar area which will officially open for sale soon. The senior management team of Chip Mong Land claims that the project has been studied in detail to provide the most modern and reliable housing project for the Chroy Changvar area....

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Chip Mong Insee Inaugurates New Industrial Waste Storage Factory in SSEZ

Chip Mong Insee Cement Corporation (CMIC) inaugurated a new industrial waste storage factor in Sihanoukville Special Economic Zone on 13 January, with the aim of providing sustainable waste management services to enterprises within the zone. According to the Chip Mong Group Facebook page, this factory has a capacity to store up to 100 tons of waste. This is a part of the Chip Mong Ecocycle proj...

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Siem Reap 38-Road Renovation Project 14% Complete

As of 12 January, the 38-road renovation project in Siem Reap is 14.27% completed and still expected to finish as scheduled by the end of this year, according to the Ministry of Public Works and Transports (MPWT). The progress was revealed during a meeting between Deputy Prime Minister Tea Banh, other relevant ministers and officials on 13 January. With ground broken on 30 November last year...

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Let’s Find Out! EP58: What is Required for Valid Surveying and Mapping?

<div class="youtube"> https://www.youtube.com/watch?v=gBDvJg-f1xM </div> Surveying and mapping are very crucial and sensitive work which requires a lot of skill and experience. Different authorities have expertise in various areas of work. For example, border surveying is under the National Authority’s task in Charge of Border Affairs (NACBA). What is Required for Valid Survey...

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400-Megawatt Power Plants in Lvea Em District Start Turbines

The US$380-million 400-megawatt fuel-fired power plants in Lvea Em have started power generation and been linked to the national grid since earlier this year, according to the spokesman of Ministry of Mines and Energy HE Victor Jona on 12 January. HE Victor Jona said the operation is in response to the high demand in the dry season and is part of the government’s attempt to diversify electricit...

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U.S. Real Estate Investment Opportunity for International Buyers

Golden Gate Global, an award-winning real estate investment firm headquartered in San Francisco, CA, is pleased to announce the offering of a brand new opportunity, facilitating U.S. real estate purchases for international buyers across 75 of the most attractive U.S. markets. According to Steven Kay, Founder and Co-CEO of Golden Gate Global, “In conjunction with our long-term partner, Lennar In...

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Newly Opened Factories Double Number of Closed Factories in 2020

A total of 221 factories opened and only 100 factories shut down over the course of 2020. This demonstrates a strong economic status and investor’s confidence in Cambodia despite COVID-19 pandemic, according to the Ministry of Industry, Technology, Science, and Innovation (MITSI). HE Heng Sokkong, Secretary of States of MITSI, said that as of December 2020, Cambodia has a total number of 1,853 ...

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Chip Mong Land Vows to Transform Chroy Changva into a New Civilized City

Chip Mong Land, one of the Cambodia’s leading real estate developers, has vowed to transform Chroy Changva district, especially the area along National Road 6A, into a new civilized city, with their Park Land 6A development. With extensive development experience, Chip Mong Land has always and will continue to provide clients with high-quality housing projects and luxury homes with modern design...

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Mondulkiri Great Potential Investment Target Though High-Risk, says Analyst

A local real estate analyst has explained how Mondulkiri is a great potential investment target for future high returns, yet investors must be very cautious as the location comes with both opportunities and risks. Mr Sorn Seap, Founder and Director of Key Real Estate Co., Ltd., told Construction & Property Magazine that Mondulkiri is an ideal place to invest in resorts or eco-tourism projec...

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MPWT to Establish Cambodia’s First Public and Transport Skills Training Institute

The Ministry of Public Works and Transport has partnered with the Institute of Technology of Cambodia (ITC) to establish the first Public and Transport Skills Training Institute in Cambodia, focusing on road and bridge construction skills. The MoU signing ceremony was held on 12 January under the presidency of HE Sun Chanthol, Minister of Public Works and Transport and HE Hang Chuon Naron, Mini...

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