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ខ្មែរ 
Construction on US$190 million Bakeng Water Treatment Facility to Start This Month
- 20 January 2021
Construction on a water treatment facility located in Bakeng, in northern Phnom Penh, is set to start in late January, which, when complete, will have the capacity to supply 190,000 cubic metres of clean water per day. The groundbreaking ceremony will be presided over by Cambodian Prime Minister Samdech Hun Sen. The budget for this project is more than US$190 million, co-financed by the Fren...
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Is a Construction Site Opening Permit Required if a Construction Permit is Already Held?
- 19 January 2021
Most new project owners believe that after obtaining a construction permit, they can start the construction site without having to apply for any further permits. Is that true? According to sub-decree No. 224 RNKR.BK regarding construction permits dated 30 December 2020, all new constructions, renovations, installations and demolitions must hold a permit of construction site opening along with a...
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CDC Approves Total of 238 Investment Projects Worth Over US$8 billion in 2020
- 19 January 2021
In 2020, the Council for the Development of Cambodia (CDC) approved a total of 238 investment projects, or equivalent to an investment value of US$8 billion, according to government spokesman HE Phay Siphan. At a press conference on the work progress and future direction of the Commune/Sangkat on the morning of 19 January, HE Siphan said, "Of the 238 projects, 195 are new projects and 43 are pr...
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Current Status & Future Projection of Real Estate Market in Flood Prone Region of South Phnom Penh
- 19 January 2021
Before October 2020, Mrs Si Chantha made a reasonable income by selling coffee and drinks in front of her house in a large borey around the Kuor Srov roundabout, in south Phnom Penh. Mrs Chantha could do so well thanks to many residents having moved into thousands of houses in the newly-built borey. However, her income has significantly dropped since then after many owners decided to leave thei...
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Land Ministry Issues New Guidelines to Tighten State Land Demarcation, Ownership Transfers, and Leasing
- 19 January 2021
The Ministry of Land Management, Urban Planning, and Construction issued four new guidelines on 18 January tightening the procedures for state land demarcation, ownership transfers, and leasing. The introduction of these new policies is to avoid continuous issues such as the transferring or leasing state land to the private sector without verification from the cadastral administration, non-tran...
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Bidding for Yangon Industrial Zone Heats Up in Myanmar
- 18 January 2021
The Ministry of Investment and Foreign Economic Relations in Myanmar has announced that 16 expressions of interest had been received from firms in nine countries, including Japan, Singapore, Italy, Spain and France, in response to opening the project to competitive bidding. The initial US$1.5bn plan to develop the west bank of the Yangon River was initially to have been built by China Communica...
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Indonesia Announces Multi-Billion Dollar PPP Infrastructure Investment
- 18 January 2021
The Indonesian government has announced the commencement of seven major infrastructure public-private projects (PPP) worth US$5.4 billion to help the nation attract more fresh private investment in early 2021. Eko “Heri” Djoeli Heripoerwanto, director-general of infrastructure financing at PUPR said in a press conference that, “In 2021, we will start the procurement process for six roads that s...
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Q4 Real Estate Market Update: Where are we in the Market Circle?
- 18 January 2021
The real estate market in Q4 2020 remained under pressure from the COVID-19 pandemic, of which retail is the most affected, followed by the office and condominium sectors. Meanwhile, the land and Borey sectors tended to stay robust thanks to the strong financial position and high confidence of the local developers, as well as the continuous government’s effort in infrastructure development nationw...
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Flood Risk in Cambodia’s Infrastructure Network: How to Prevent and Mitigate Flood Damage?
- 18 January 2021
Water is the most significant partner in the construction sector but can also be the worst enemy in destroying construction achievements; as HE Sun Chanthol once said, "Water is the enemy of the road," which refers to the damaged-infrastructure caused by the recent floods in the kingdom. Over 3,000 kilometres of local infrastructure, including national roads, provincial roads, red gravel roads,...
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US$140million Sihanoukville Wastewater Treatment Plants 48% Complete
- 18 January 2021
Sihanoukville wastewater treatment plants worth over US$140 million are now 48% complete, according to Sihanoukville Municipal Governor Y Sokleng on 14 January. Speaking at a press conference for the provincial work progress, Mr Sokleng said, “The reason for building this treatment plant is to prevent dirty water from flowing directly into the sea.” He added that the wastewater treatment pla...
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Two Renowned Hospitality Groups Form Partnership to Upgrade Services in Flatiron Building
- 16 January 2021
Renowned hospitality group Meridian International Holding has recently formed a partnership with a giant local hospitality firm Thalias Hospitality Group, to enhance the services in the awarding-winning development – Flatiron by Meridian. According to a company announcement, the new partnership will allow Thalias Hospitality Group to manage the F&B segment in the Flatiron Building. The G...
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Over 200 Development Projects Included in Kep Development Master Plan
- 15 January 2021
Over 200 development projects and four major tourism development destinations have been included in the draft of Kep Tourism Master Plan, according to the Ministry of Tourism on 14 January. The purpose of the master plan is to transform Kep into a "high-end luxury tourism destination", and also to help boost Kep’s tourism potential after the COVID-19 crisis. According to Undersecretary of St...
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