English 
ខ្មែរ 
How Chinese buyers disappeared from the Cambodian real estate market and the impact on local sellers
- 23 July 2020
By Eric Wong Chon Lap The local Cambodian market has lost its most important source of inbound investment, as the coronavirus pandemic clouds the economic outlook and keeps Chinese investors from travelling to Cambodia. This is in stark contrast to a few years ago when Chinese investors were snapping up condominium spaces. A lot of these buyers are now taking a step back because of the globa...
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Government to Build new US$5 million Landfill in Sihanoukville
- 22 July 2020
The Ministry of Public Works and Transport and the Ministry of Economy and Finance are injecting US$5 million of the 2020 fiscal budget to build a new landfill on 17 hectares of land in Sihanoukville, according to a post on the Ministry of Public Works and Transport Facebook Facebook page on 21 July. The landfill is located in Ota Sek village, Ou Oknha Heng commune, Prey Nob district, about 3km...
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Design Completed for New Deep-sea Port Terminal, Construction to Begin in 2021
- 22 July 2020
The detailed design of the Sihanoukville new Sihanoukville deep-sea port terminal has been completed, with the construction of Phase I scheduled to begin 2021 and is expected to be completed by 2024, one year later in than the original plan. Deputy General Director of Sihanoukville Autonomous Port Thay Rithy said that the project's detailed design has been completed, and the process of selecti...
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Chinese Firm to Build 12MW Waste-to-Energy Plant in Siem Reap
- 22 July 2020
Sample picture Chinese company MIZUDA plans to invest in a waste-to-energy plant in Siem Reap capable of combusting 210,000 tons of rubbish per year into 12MW of electricity, according to a post of the Siem Reap Provincial Administration Facebook page on 21 July. The project has been studied for more than half a year and was completed before December 2019. Upon completion, the plant will be a...
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Three Draft Sub-decrees in Discussion to Strengthening Cambodian Construction Sector
- 21 July 2020
The Ministry of Interior and the Ministry of Land Management, Urban Planning and Construction held a technical meeting on 21 July to discuss three draft sub-decrees aimed at strengthening construction quality in Cambodia. The three draft sub-decrees include i) A sub-decree on construction permits (12 chapters and 57 articles), ii) A sub-decree on the conditions and procedures for granting, susp...
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Chip Mong Group to Build New Industrial Waste Management Facility in SSEZ
- 21 July 2020
The Chip Mong Insee Cement Corporation (CMIC) has reached an agreement with its partner to build a new industrial waste management facility in the Sihanoukville Special Economic Zone to provide industrial waste recycling services to the factories within the zone. The investment agreement was signed by the CEO of CMIC Mr Nicolas George and the CEO of Sihanoukville Special Economic Zone (SSEZ) M...
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Government Seizes Over 4,000 Hectares of Illegally Owned Land in Kampong Speu
- 21 July 2020
The Kampong Speu Provincial Administration has thus far seized over 4,000 hectares of illegally owned land in three protected areas to be returned to use as national assets, according to the Kampong Speu province work progress report released on 20 July. The report stated that the three protected areas are the Chambok Community Protected Area (1,641 hectares), eight protected areas in Oral Dist...
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Kampong Speu Attracts Hundreds of Investment Projects Worth Over US$200 million
- 20 July 2020
Kampong Speu province has attracted hundreds of large investments projects worth over US$200 million since 2019, while more firms are planning to invest in the province in the near future. According to the Kampong Speu province progress report, there were 188 investment projects approved in 2019 with a total construction area of more than 700,000 square metres, and worth US$210 million. Amon...
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Hong Kong firm to build satellite city in Kampong Speu
- 20 July 2020
A Hong Kong investment company has announced plans to set up a new satellite city in Kampong Speu province but has yet to reveal the exact location to prevent rises in land prices. Kampong Speu Governor H.E Vy Samnang said at a press conference on "Progress and Continuation of the Administration of Kampong Speu Province" on 20 July that the Hong Kong firm has been studying the project for a whi...
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Hotel CEOs’ recovery strategies for the hospitality industry
- 20 July 2020
The hospitality industry is undoubtedly one of the hardest-hit sectors from the unprecedented COVID-19 pandemic. For the first four months of 2020, foreign tourists to Cambodia dropped by more than 70%. Nearly 3,000 tourism-related businesses have been closed; over 1,000 hotels, guesthouses and restaurants have been shut down, resulting in thousands of people losing their jobs, according to Koh So...
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H1 2020 sees Construction Material Imports Drop 14%, Associated Tariff Revenue Decline 28%
- 18 July 2020
In the first half of 2020, construction material imports fell by 14%, while the associated tariff revenue also decreased by about 28%, indicating a stagnation of growth in the construction sector. According to the National Bank of Cambodia’s biannual report, construction sector growth has slowed due to the decrease in demand, the completion of some construction projects, and a 14% decline in co...
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Three Major Projects to Transform Sihanoukville’s 161-hectare Boeung Kang Kep into a Smart Area
- 17 July 2020
The government is studying the feasibility of three major projects, including the Sihanoukville International Airport, the Neak Reach tourist site, and the Boeung Kang Kep development project, to transform the 161-hectare Boeung Kang Kep area in Sihanoukville into a smart area. H.E Pen Sophal, Secretary of State of the Ministry of Land Management, Urban Planning and Construction, stated during ...
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