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ខ្មែរ 
Five New Ecotourism Developments Planned for Koh Kong Province
- 10 February 2021
Private firms are planning to develop five ecotourism resorts on approximately 50 hectares in the Dong Peng preservation area in Koh Kong province. The project has just received the green light from the government, after both parties inspected and set borders at the actual site on 09 February. All five projects will be developed in the protected zone called Dong Peng, of which each project m...
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Why is it Necessary to Inspect and Verify Construction Works?
- 10 February 2021
Following the promulgation of the Construction Law in 2019, Cambodia's construction sector has seen stronger enforcement to maintain the overall quality and safety in the sector. For example, the inspection and verification of construction work by a professional or a licensed certifier firm is legally required before starting to build or demolish any construction work. Why is it necessary to in...
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2021: Investing in Real Estate? What and Where?
- 9 February 2021
In 2020, the real estate market in Cambodia came under pressure from the COVID-19 pandemic. According to the Cambodia Valuers and Estate Agents Association (CVEA), the number of transactions dropped by 15% - 20%. CBRE Cambodia has also reported the retail market is most affected, followed by the office and condo sectors. (Read more) What about 2021? Given the introduction of the COVID-19 vaccin...
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Gov’t has issued over 6 million land titles as of the end of 2020
- 9 February 2021
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...
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Transport Ministry to Launch Two News Weigh Stations on RR2 and in Kratie Province
- 9 February 2021
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...
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Masterplan for US$16 billion Ream City Development Approved
- 9 February 2021
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...
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Land Price Update in Phnom Penh, Siem Reap, and Sihanoukville
- 9 February 2021
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...
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South Korea to Develop Smart Farm Project in Cambodia
- 8 February 2021
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...
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New US$900m Siem Reap Airport Aiming for 67% Completion in 2021
- 8 February 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...
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Natural Canal Rehabilitation Project in Sihanoukville 90% Complete
- 8 February 2021
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 ...
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Chip Mong Retail Announces Official Leasing Launch for 271 Mega Mall
- 6 February 2021
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...
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Work on Land Dispute Resettlement for New Phnom Penh International Airport 43% Complete
- 6 February 2021
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...
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