South Korea Finances Us$700 Million Loan to Help Infrastructures in Cambodia
The government of Republic of Korea has recently provided a USD700 million loan to Cambodia to upgrade and expand the infrastructure system in Cambodia, according to an official FB Page Samdech Hun Sen, Cambodian Prime Minister.
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Land Minister Encourages People to Not Sell Land in Sihanoukville
H.E Chea Sophara, Deputy Prime Minister and Minister of the Ministry of Land Management Urban Planning and Construction (MLMUPC), has urged people in Sihanoukville not to sell their land.
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Korea Signs Mou With Cambodia to Increase Cooperation in Construction
The South Korean government, through the Korea Trade-Investment Promotion Agency (KOTRA), has signed a Memorandum of Understanding (MOU) with the Cambodian Constructors Association (CCA) to boost construction investment in Cambodia.
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Land Minster pledges to legalise all title deeds in the kingdom by 2021
Minister of the Ministry of Land Management, Urban Planning, and Construction (MLMUPC) H.E. Chea Sophara has pledged to the public to legalise all the title deeds nationwide by 2021, with the aim to build more confidence for investors both domestically and internationally. “The ministry has so far legalised a total of 5.1 million title deeds […]
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Chroy Changva City to See Multi-Million International Convention Centre by 2020
The Overseas Cambodian Investment Corporation (OCIC) has invested more than US$18 million to build a new International Convention Exhibition Centre in Chroy Changva satellite city,
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Cambodia-singapore Co-host Seminar on Fire Safety Code
The Ministry of Land and Management, Urban Planning and Construction (MLMUPC) together with the Singapore Board of Architects co-hosted a seminar on the fire safety code for the construction sector on 12 March, to help improve construction safety standards in Cambodia.
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Cambodia Agrees in Principle to Japanese Smart Cities Network
The Cambodian government has approved in principle the Japanese Smart Cities Network initiative, according a letter by the Council of Ministers released on 11 March 2019.
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Swedish Government and UNDP to Help Increase Solar Energy in Cambodia
The Swedish government and the United Nations Development Programme (UNDP) will together help increase solar energy across Cambodia as part of a newly-launched sustainable development programme.
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UK Condo takes over Borey 999 projects
One of Cambodia’s leading condominium developers, UK Condo, has recently taken over all shares in Borey 999 projects and pledged to finish the previously postponed projects. On 09 March 2019, Meanchey International Investment (MII) entered into an agreement to transfer all shares of its Borey 999 project to UK condo Real Estate Co.,Ltd. “We took […]
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Progress on Cambodia-Laos Bridge Project unclear
Progress on plans to a bridge across the Tonle Sap linking Cambodia to Laos remains unclear despite an agreement between the two governments signed at the end of 2018, according to Preah Vihear provincial governor H.E. Un Chanda. “At the moment, we [Preah Vihear Province] have yet to receive any details of the project from […]
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EU Provides €11.5 Million to Enhance Infrastructure in Kandal Province
The European Union (EU) through the French Development Agency (AFD) has signed an agreement with the government of Cambodia to provide financing of €11.5 million to construct and renovate the irrigation system in Kandal province, according to press release from the French Embassy in Phnom Penh.
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Japan Provides Us$209 Million Loan to Expand Sihanoukville Deep Water Seaport
The expansion project for Sihanoukville deep water seaport is expected to start construction this year, after Japanese government confirmed the provision of a US$209 million loan according to the National Assembly of the Kingdom of Cambodia webpage on 05 March 2019.
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