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ខ្មែរ 
Chinese Firm to Invest US$1 Billion Building a Green Special Economic Zone in Svay Rieng
- 16 November 2020
A Chinese firm plans to build a 450-hectare green special economic zone worth approximately US$1 billion in Svay Rieng province, according to The Star on 14 November This enormous project is located about 4km south of NR1 or Svay Rieng city centre, and north of the river. A strategic partnership agreement for this project was signed on 13 November between a Chinese industrial park developer ...
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Korean Association for Photonics Industry Development Joins LED Expo Thailand + Light ASEAN
- 16 November 2020
Korean Association for Photonics Industry Development joins LED Expo Thailand + Light ASEAN The Korean Association for Photonics Industry Development (KAPID) has signed up as the Platinum Sponsor for the virtual edition of LED Expo Thailand+ Light ASEAN happening on 18-20 November 2020. KAPID is taking the great initiative to support the Korean lighting industry by connecting them with ASEAN...
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Mortgage Loans in Cambodia Reach US$4.6 billion as of Q3 2020
- 16 November 2020
According to the third-quarter report of the Credit Bureau of Cambodia (CBC), loans in the real estate sector reached US$4.6 billion by the end of September 2020, a significant increase from US$3.9 billion at the end of 2019. This demonstrates that the demand for residential and real estate in Cambodia continues to grow in 2020, despite the spread of COVID-19 pandemic, which has negatively affe...
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Delayed Siem Reap 38-Road Renovation Project to Break Ground Late This Month
- 16 November 2020
The Ministry of Public Works and Transport announced that the ground-breaking ceremony for the Siem Reap 38-Road Renovation Project, which has been recently delayed, will be held on 30 November. According to the Minister of Public Works and Transport HE Sun Chanthol on 15 November, the ground-breaking ceremony will be inaugurated by Cambodian Prime Minister Samdech Hun Sen. Previously, the g...
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NR6 Section from Royal Residence to Siem Reap Airport Roundabout to be Expanded to 6 Lanes
- 16 November 2020
The National Road 6 section in Siem Reap province from the Royal Residence roundabout to the airport roundabout will be expanded to six lanes to facilitate better traffic flow, according to Minister of Public Works and Transport HE Sun Chanthol during an NR6 inspection on 15 November. HE Sun Chanthol said that the expansion has a total length of 6km with a 3-metre sidewalk on each side. “The...
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Which Real Estate Investment More Profitable Than Condos?
- 14 November 2020
Real estate expert revealed that investing in the strata-title office is another new investment opportunity, which can be more profitable than investing in a condominium. The strata-title office is a new type of real estate where individuals or companies can purchase office units in high-rise buildings, just like buying a condo. Pointer CEO Nguon Chhayleang said that the condo market in Camb...
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PM Hun Sen to Inaugurate Stueng Trang-Krouch Chmar Bridge in December
- 14 November 2020
Prime Minister Samdech Hun Sen will preside over the inauguration ceremony of the Stueng Trang-Krouch Chmar Bridge on 07 December, according to the Kampong Cham Provincial Administration. Kampong Cham Governor HE Un Chanda said during a site inspection on 13 November that the construction of the bridge is almost 100% complete, with the inauguration ceremony to be held in December. Located in...
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KrisEnergy Requests Additional Deadline Extension for First Cambodian Oil Production
- 13 November 2020
KrisEnergy has once again asked the Cambodian government to postpone the oil production deadline in Block A of Apsara Project after the firm repeatedly delayed their works due to the COVID-19 outbreak, according to the firm's report released on 11 November. According to the report, the deadline for first oil production to be achieved (without financial penalties) was on 30 June 2020 but was lat...
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Why is the Real Estate Market in Cambodia Not Severely Affected by COVID-19?
- 13 November 2020
A real estate analyst and the CEO of Pointer Property has revealed that there are three main factors why the real estate market in Cambodia has been less affected by the COVID-19 pandemic compared to neighbouring countries. First, most real estate developers in Cambodia have huge capital in hand, for example, Borey Peng Huoth and Chip Mong. Given that, they can keep their business stable by con...
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New Fence at Front of Council of Ministers 70% Complete
- 12 November 2020
A 1-km-long traditional design concrete fence located in front of the Council of Ministers, on Russian Blvd. from the Total gas station to the Neak Voan stoplight is almost complete. Mr Moeung Ponlok of the Phnom Penh City Hall said on 11 November that the project is 70% complete and is divided into two phases. The first phase is 650 metres long and 2 metres high and currently under construc...
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Government Spends Over US$790,000 Building Quarantine Centre in Phnom Penh
- 12 November 2020
The Cambodian government has allocated approximately US$790,000 for the construction of six buildings as a quarantine centre in Phnom Penh for Khmer people travelling from abroad. The quarantine project consists of six buildings covering nearly one hectare of land in Phsar Lech Village, Prek Pnov commune of Prek Pnov district. Began in September, the construction of these six buildings is sched...
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Renovation of Angkor Wat Front Area Reaching Completion
- 12 November 2020
The renovation of the front area of Angkor Wat, including building a new walkway, rearranging gardens, and reorganising the street vendors and parking lots, is approaching completion. Mr Sean Sokkhak, a tour guide in the Angkor area, said that the improvement of the Angkor Wat temple is beneficial for tourism. He added that compared to the past, there is a big difference, such as a better-or...
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