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ខ្មែរ 
Phnom Penh had 583 new construction projects worth US$1.3 billion after 5 months of COVID-19 in 2020
- 17 June 2020
In the last five months, there have been 583 new construction projects in Phnom Penh, on a total area of about 2,881,317 square metres, according to Mr Sarin Vanna, Director of the Department of Land Management, Urban Planning and Construction during aspeech in a Press Conference on “Progress and Continuing Direction of the Phnom Penh Administration” on 16 May 2020. He also reported on the c...
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South Korea discloses USD$12 billion for investing overseas before FTA Talks with Cambodia next month
- 16 June 2020
South Korean finance minister, Hong Nam-ki, has revealed plans to provide USD$12 billion to support large-scale overseas projects before joining in a free trade agreement (FTA) talks with Cambodia in July, according to Business Korea on 15 June 2020. “The two nations completed a joint feasibility study on a potential FTA in May and wrapped up preparations last week. The government will report t...
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Oknha Noun Rithy: Invest in real estate when COVID-19 ends to make automatic profit
- 15 June 2020
During theCOVID-19 crisis, it is a good time to invest in the real estate sector in Cambodia because the price is still reasonable and as the situation comes to an end, investors will automatically profit from sales. This opinion was shared by Oknha Noun Rithy, CEO of Khmer Appraisal Foundation (KFA) in an interview with FRESH NEWS on, “Cambodian Property Sector Before, During and After the COV...
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Over 25 pedestrian bridges planned for Phnom Penh
- 15 June 2020
To facilitate for safe passages of commuters and traffic flow along the roads due to the city’s increasing population, over 25 pedestrian bridges have been planned for construction in Phnom Penh in the near future. SaingPiseth, Director of Phnom Penh’s Public Works and Transport, told Construction &Property Magazine on 15 June that the bridges will be built based on the priority condition. ...
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GOV’T allocated land 5 ha for RUPP to build a new modern campus near Win-Win Monument
- 15 June 2020
The Royal Government through ministry of economy and finance plans to build another new campus of Royal University of Phnom Penh, on 5-hectares of land near the Win-Win Monument in response to the University's growth and needs. According to the official Facebook page of H.E Dr. Chet Chealy, Rector of the Royal University of Phnom Penh, on 9th June 2020. For the detail and budget to building ...
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The future of Sihanoukville lies in far sighted vision of Khmer prime minister
- 13 June 2020
What will Sihanoukville look like in 10 years from now? The "Sihanoukville multi-purpose city", which Samdech Techo Hun Sen envisioned last week, is set to transform Preah Sihanouk province into a national economic development pole with a fastest speed. So far, the project summary can include: 10 SEZs on a total area of 2586.26 hectares with total investment capital of over $ 1,481 million...
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Koh Kong is home to more than 1 million hectares of natural protected land
- 12 June 2020
Being renowned as one of the greenest provinces, Koh Rong province is home to the ‘Kesnor’ birds, is rich in all kinds of natural wealth, has a wide range of mountains on one side and a deep-sea on the other side, plus many potential development opportunities for the economy, energy, underground and underwater mining resources, a deep water port and international airport. However, what makes Koh K...
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Government allocates US$100 million for rural infrastructure development
- 12 June 2020
The Royal Government of Cambodia has allocated 451 billion riels (approximately US$109 million) for building physical infrastructure in rural areas and promoting agriculture, and in particular providing jobs due to the COVID-19 pandemic crisis. According to a press release from the Ministry of Economy and Finance, the ‘Labour Cash Program Phase II’ fund will be implemented for three years from ...
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Koh Kong Administration: Dara Sakor Airport is not for military service
- 12 June 2020
Photo Source: The New York Times Due to the scepticism of numerous analysts who have questioned the role of Dara Sakor Airport, on 11 June 2020, HE Ms Mithona Phouthong, Koh Kong Provincial Governor recently rejected any claim of use for military service saying that the area was only built for tourism. Analysts continue to be sceptical about the intention of the Dara Sakor Airport citing evi...
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Leedon Heights: A US$70 million condominium project to launch in Phnom Penh
- 12 June 2020
Leedon Heights, a USD$ 70 million condominium project, located in the Sen Sok district next to AEON2 will begin construction in the third quarter of 2020 and will be completed by the end of 2024, according to Ms Sothida Ann, Managing Director of CBRE Cambodia via an interview on Telegram with Construction & Property Magazine on 11 June 2020. The first phase of development involves four towe...
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Indonesia building road for Cambodia in the leader’s name to symbolise lasting friendship
- 11 June 2020
The Republic of Indonesia has proposed to build a road in Cambodia that can be named after the ASEAN nation’s senior leadership to symbolise the historic and long-standing ties between Cambodia and Indonesia. The proposal was made during a meeting between H.E. Sun Chanthol, Minister of Public Works and Transport and H.E. Sudirman Haseng, to Cambodia on 5 June 2020. The Ambassador proposed th...
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Skun-Kampong Cham road section to be expanded to four lanes
- 11 June 2020
Ministry of Public Works and Transport has started conducting a study on a project of expansion of a road section of National Road Number 7 between Skun roundabout and Kampong Cham city from two lanes to four lanes, a move is said to facilitate transportation. The study on road expansion was made public during the ministry’s delegation led by H.E. Sun Chanthol, Senior Minister and Minister of P...
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