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ខ្មែរ 
World Bank Approves US$100 million to Support Cambodia’s Road Improvement
- 17 July 2020
The World Bank approved a US$100 million credit line on 17 July to support road infrastructure construction projects in Cambodia, targeting the local communities and the rural road system. The project entitled ‘Cambodia Road Connectivity Improvement Project’ aims to enhance rural communities' access to critical services such as health centres, referral hospitals, schools and markets, through th...
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Construction almost complete on 34 roads in Sihanoukville
- 17 July 2020
After eight months of construction, the 34-road project in Sihanoukville is almost 100% complete, according to a National Committee for Coastal Management and Development of Cambodia press release dated 17 July 2020. The major parts of the project have almost finished, including the concrete road (99.92%), the drainage installation (100%), granite paving (59.99%), granite floor (4.48%), streetl...
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Government Establishing Inter-Ministerial Committee to Accelerate Phnom Penh-Bavet Expressway
- 17 July 2020
Cambodian Prime Minister Samdech Hun Sen has signed an official decision establishing an inter-ministerial committee to accelerate the implementation of the Phnom Penh-Bavet expressway. According to Decision No. 75 SSR dated on 16 July, the Phnom Penh-Bavet Expressway project has already been studied and proposed by the China Railway International Group Co., Ltd, in the form of a Build-Operate-...
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CCA 2020 Construction Exhibition still to be confirmed
- 17 July 2020
The annual biggest construction exhibition in Cambodia organized by the Cambodian Constructors Association (CCA) is yet to confirm whether it will be proceeded as scheduled or be delayed due to the social distancing measures caused by COVID-19. CCA Secretariat General Manager Mr Chhiv Sivpheng told Construction and Property Magazine that the association is waiting to see the development of the ...
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The government seizes over 2,000 hectares of illegally-owned land in Mondulkiri
- 16 July 2020
Mondulkiri Provincial Governor H.E Svay Sam Eang said on 16 July that the Provincial Administration has thus far revoked ownership titles and seized back over 2,000 hectares of illegally-occupied land, emphasising that the law is applied equally regardless of social ranking. "Illegal is illegal, legal is legal. The law is applied equally, whether you are small [general people] or big [high-rank...
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Governor: 600ha of Land for Mondulkiri Airport Ready, Waiting for Investment
- 16 July 2020
The Mondulkiri provincial administration has already finalized the impact assessment and demarcated the land border for the Mondulkiri airport project, and is currently awaiting news on the investment from the State Secretariat of Civil Aviation (SSCA). During a press conference held on 16 July, Mondulkiri Provincial Governor H.E Svay Sam Eang said that the provincial administration has already...
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Koh Kong Provincial Hall: Unauthorised Land Transactions to be Voided
- 16 July 2020
All land buying and selling transactions without the inspection and approval from the relevant authorities, particularly the land located in protected areas, community, and forest areas in Koh Kong province, are considered illegal and will be voided, according to an announcement by the Koh Kong Provincial Administration on 14 July 2020. The statement is squarely aimed at stopping the illegal sa...
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CCA joins IFAWPCA video conferencing call
- 16 July 2020
The Cambodia Constructors Association (CCA) joined a video conferencing call of the International Federation of Asian and Western Pacific Contractors' Associations (IFAWPCA) in late June to update Cambodia's construction sector status quo and exchange ideas for resilient strategies. The meeting allows members to exchange experiences related to the construction industry with the other members of...
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Comparing home loan interest rates in Cambodia during COVID-19
- 15 July 2020
Interest rates are one of the most critical factors when deciding which bank to choose for a housing loan or mortgage. Amid the COVID-19 pandemic, some banks in Cambodia have reduced their interest rates with the aim of boosting more economic transactions. Thus, for those who are looking for a home loan at the moment might see some advantage in seeking the most competitive interest rate. Below ...
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ACF discusses How to Overcome COVID-19 Pandemic at 49th Meeting
- 15 July 2020
The ASEAN Constructors Federation (ACF) conducted it 49th meeting via Zoom video conferencing on 10 June 2020 to discuss the development of the construction industry in the region. ACF Council Meeting is an annual meeting that provides opportunities for its members including, Cambodia which is represented by the Cambodia Constructors Association (CCA), to share information on the potential of t...
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Condo Market to Recover in Q1 2021 Despite Short-term Stagnation
- 15 July 2020
The condominium market in Cambodia has been not severely impacted by the COVID-19 pandemic and is likely to recover in Q1 or Q2 of 2021 onward, according to CBRE Cambodia Managing Director Ann Sothida during an interview with Fresh News on 13 July. Ms Sothida said the negative impacts of COVID-19 on the condo market have not been severe, especially compared to the hospitality and retail market....
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Royal Group Invests US$35 million Building 70km of Roads on Koh Rong Island
- 14 July 2020
The Royal Group has injected US$35 million to build 70km of concrete roads on Koh Rong Island, as part of the firm’s development masterplan. The 70km of road is to be built by Sinohydro Construction Co Ltd from China, and the construction agreement was signed on 14 July at Preah Sihanouk province. According to a press release from the Royal Group, the project is costing US$35 million and wil...
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