Let’s Find Out! EP57: What is Condotel?

<div class="youtube"> https://www.youtube.com/watch?v=gOpdw3ES2Y0 </div> Did you know that you can buy a condo and rent it out to a big hotel company and make profit? This type of property is called Condotel. What is Condotel? Subscribe to the Construction & Property TV Channel for more up-to-date construction and property news.

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Gov’t Issues Three New Sub-Decrees to Strengthen Cambodia’s Construction Sector

The Cambodian government has recently issued three new sub-decrees to help strengthen the quality of construction in Cambodia and ensure safety for constructors and general users. The first is sub-decree No. 224 RNKR.BK regarding construction permits dated 30 December 2020, repealing the previous one issued on 19 December 1997. This regulation focus on the competent procedures for issuing co...

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Construction of Phnom Penh-Sihanoukville Expressway 39% Complete

At the beginning of 2021, construction of the Phnom Penh to Sihanoukville expressway is 39% complete and will be finished on scheduled in 2023, according to a report from the Chinese Embassy in Cambodia. Released on 01 January, the report stated that the project has proceeded smoothly despite the COVID-19 crisis. The project is the first expressway in Cambodia and is a massive infrastructure...

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New Quarantine Centre in Prek Pnov Officially Opens

The construction of the Phnom Penh Quarantine Centre was completed and officially opened on 06 January, under the auspices of Phnom Penh Governor HE Khuong Sreng and relevant officials. Located in Phsar Lech Village of Prek Pnov Commune, the quarantine centre spreads over 1 hectare with four buildings and 504 rooms. This centre will be used to replace the current quarantine centres, which ut...

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Khmer-owned Tech Firm Vows to Promote IoT and Smart Technology in Cambodia’s Construction Sector

Khmer-owned system integrator trading firm S Era Automation has vowed to promote and integrate IoT and smart technology into Cambodia’s construction sector by continuously educating the market on how to effectively utilise these technologies. Though the construction sector in Cambodia has been growing significantly, smart technology is still limited compared to neighbouring countries such as Th...

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Gov’t to Renovate Over 370km of Rural Roads Across Siem Reap in 2021

The Siem Reap Provincial Department of Rural Development plans to renovate and rebuild a total of 373 kilometres of rural roads across Siem reap in 2021 to ease the overall commuting system in the province. Sao Bunthy, Director of the Rural Roads Office of the Siem Reap Provincial Department of Rural Development, told National Radio on 04 January that his department has four principles for road...

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Cambodia Receives US$860-million in China FDI in 2020

Cambodia received a total of US$860 million in foreign direct investment (FDI) from China in 2020, an increase of about 70% compared to 2019, according to a recent press release from the Chinese Embassy in Cambodia. Many development projects went smoothly despite the COVID-19 pandemic. For instance, the construction of new Siem Reap Angkor International Airport (AIAI) has been 35% completed, wh...

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Government Voids 30-hectare Boeung Ta Mok Land Allocation from 2020

The Cambodian government has voided the 30-hectare Boeung Ta Mok land allocation, which last year was given to the Ministry of Rural Development and three other state institutions to build their headquarters. In the meantime, the government has also ordered the relocation of some ministries and government offices' headquarters as well. According to the Office of the Council of Ministers' ann...

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Gov’t Opens Bidding for Sand Mining on Over 2000 Hectares in Two Provinces

The Ministry of Mines and Energy has publicly allowed private firms to bid for sand mining leases on over 2,000 hectares in Koh Kong and Sihanoukville. According to a letter issued on 30 December 2020, there are three locations in Koh Kong province. These include a 109-hectare area in Ta Noun commune of Botum Sakor district, an 882-hectare area in Andong Teok and Kandal commune of Botum Sakor d...

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Over 680 hectares of Boeung Ta Mok Allocated to Public and Private Sectors in 2020

In 2020 alone, the government has allocated Boeung Ta Mok land to the public and private sectors at least nine times or equal to over 682 hectares, according to documents obtained by Construction & Property Magazine as follows: Early March 2020: 83 hectares of Beoung Ta Mok was granted to Phnom Penh Municipality to be developed as a national garden and public park. The first 8-hectare secti...

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US$17 million Steel Processing Plant in Kampong Speu Officially Opens

A new US$17 million steel processing plant in Oudong district of Kampong Speu province officially opened last week, bringing the total number of metal scrap plants in Cambodia to four. The project is invested by Chinese firm Hong De Sheng (Cambodia) and will use metal scraps in the country as raw materials to produce finished steel. Hong De Sheng (Cambodia) said it could produce up to 500,000 t...

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Transport Minister Urges Construction Firm to Finish Kampot Tourism Port by June

Minister of Public Works and Transport HE Sun Chanthol has ordered the responsible firm to finish Kampot Tourism Port's construction by June 2021 after several delays. HE Sun Chanthol said during the site inspection on 04 January that the company should set a concrete plan or add more labour to accelerate the construction speed and to ensure that it proceeds as scheduled. "It is not good to ...

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