MPWT to Seek More Funds to Repair Over 400 km of Flood-damaged Roads

The Ministry of Public Works and Transport (MPWT) will seek more funds to repair over 400 kilometres of flood-damaged infrastructure across the country, according to Minister of Public Works and Transport HE Sun Chanthol during road inspection on 19 October. “The last report I received was on the 17 October. Around 123 roads, 308 sections or equal to 400 kilometres of road were damaged by the f...

Read More

MPWT Choosing Locations for Ring Road 4 Construction

The Ministry of Public Works and Transport held an inter-ministerial meeting on 19 October to discuss the locations of the Ring Road 4 construction. The ministry has revealed that the route will be around 195km and pass through four provinces. The meeting was participated in by eight representatives from relevant ministries and ten private firms, both local and international. The ministry re...

Read More

Advertorial: ISI STEEL Offering Over 600 Rewards Every Month

ISI STEEL is offering over 600 rewards every month via a scratch-to-win program for customers who purchase ISI PALM, ISI PIPE and ISI STEEL. Those who purchase any of the two products to a value of US$200 upward will get a scratch-off lottery ticket, valid from today until the rewards are out of stock. The program is valid for ISI customers only. You can purchase ISI products from the neares...

Read More

Real Estate Market Update in Q3 and Roadmap for Recovery

The Phnom Penh Real Estate Market in Q3 of 2020 remains under pressure from the COVID-19 pandemic. However, compared to other neighbouring countries, the Cambodian market shows the most significant recovery steps, according to a report from CBRE Cambodia. The same report also projects that due to the very low number of cases, thanks to effective government policy in coping with the pandemic, th...

Read More

Simplex Vows to Dominate Cambodia Cabinetry Market in Next Five Years

Advertorial: As the construction and real estate sector in Cambodia has been growing steadily, the demand for interior decoration has also increased. Custom-made cabinets are one of the most popular furniture items on the market. So, how to find a high-quality custom made cabinet and which supplier to choose? Simplex Cambodia is one of the leading companies in Cambodia, supplying all kinds of c...

Read More

Construction of NR2 and NR22 16% Complete

After the groundbreaking ceremony in February, the construction and restoration of National Road 2 and 22 from Takmao to Angk Ta Saom has been 16% completed, according to Minister of Public Works and Transport HE Sun Chanthol during his flood-damaged roads inspection on 16 October. “The progress of the construction is going well as planned. If we compare it to our master plan, this road is 16% ...

Read More

Hyatt Regency Phnom Penh GM Confirms Q1 2021 Opening Date

Hyatt Regency Phnom Penh General Manager Herman Kemp has confirmed that the hotel will finally open in the first quarter of 2021, after a period of delay due to the impact of the COVID-19 pandemic. According to Mr Kemp, as of today, the construction is 100% complete, and currently, the team is working on all the interiors of guest rooms, function spaces and dining outlets. “Hyatt Regency Phn...

Read More

Transport Minister Pledges to Prevent Major Roads from Flooding Next Year

The Minister of Public Works and Transport HE Sun Chanthol has said that the government will continue to repair the flood-damaged roads and upgrade them if possible, to prevent severe flooding from next year. HE Sun Chanthol made the claim during an inspection of the flooded National Road 41 on 16 October. “For NR41, the government is expected to start renovating next year. We will pave it h...

Read More

Floods Damage More Than 90 Roads Nationwide

According to the Ministry of Public Works and Transport, as of 15 October, at least 90 roads or over 200 sections nationwide have been affected by floods. In the meantime, the ministry is temporarily fixing some sections and will re-evaluate some others after the waters recede. These damaged roads are at least 300 kilometres long in total, including National Roads 2, 3, 4, 5, 20, 20A, 21, 21A, ...

Read More

To What Extent Can Foreigners Acquire Ownership of Co-owned Property?

To facilitate the business environment and foreign investment in Cambodia, especially in the construction and real estate sectors, the Cambodian government has established law regarding foreign ownership of co-owned buildings. To what extent can foreigners acquire ownership of co-owned buildings? Co-owned building refers to building or construction in which several co-owners live, such as co...

Read More

Cambodia, Korea Discuss Sea Transport Agreement

Cambodia and South Korea are currently discussing a new sea transport agreement to reduce legal red tape and boost bilateral trade. The discussion was held on 12 October under the chairmanship of Secretary of State of the Ministry of Public Works and Transport (MPWT) HE Ros Vanna. HE Ros said that both parties are reviewing the approved model of the agreement and will amend it if necessary f...

Read More

MPWT Discussing Port Draft Law to Boost Water Logistics

The Ministry of Public Works and Transport (MPWT) and other related institutions are discussing and reviewing the port draft law, aiming to enhance and control the water logistic system in Cambodia. The meeting was held on 14 October and chaired by Minister of Public Works and Transport HE Sun Chanthol. The main purpose of the meeting was to review the definition of each article and amend th...

Read More