COVID-19 considerably affects Cambodia’s aviation sector
Statistics from the Secretariat of Civil Aviation indicate that Cambodia’s aviation sector has experienced considerable impacts as a result of the outbreak of the COVID-19 epidemic including some obstacles in the construction process of the new airport, coagulating airfreight, and the drastic decline in air travellers. The details were given in a statement made by H.E Sin Chanserey Vutha, Deput...
Read MoreFamilies affected by drainage project in Preah Sihanouk to get concessional land
Preah Sihanouk Provincial Hall has decided to grant concessional land for 180 families affected by the drainage project in the province, according to an announcement made by Provincial Hall on 16 April. According to the document, 610 dwellings are located in the project site of which 430 are partially affected and 180 are completely affected. “Based on the administrative principle of Preah S...
Read MoreGov. reveals US$3.5 bn investment to upgrade Cambodia’s airports
The government has announced that US$3.5 billion is to be invested will building, expanding and renovating all Cambodian airports in the aviation development program from 2015 to 2023, as part of the Open Sky policy and the government's vision to accelerate domestic transportation and link Cambodia to international trade hubs. This aviation development plan was revealed by HE Sin Chan Seikvutha...
Read MoreNew US$1.5 billion Phnom Penh International Airport now 30% complete
A new Phnom Penh International Airport with an investment of US$1.5 billion located in Kandal and Takeo province has been 30% completed. The new US$1.5 billion Phnom Penh International Airport billion located in Kandal and Takeo provinces is now 30% complete according to the State Secretariat of Civil Aviation. H.E Sin Chanserey Vutha, Deputy Director General Technical of State Secretariat o...
Read MoreGovernment announces US$2 billion liquidity adjustment package for banking sector
The government has announced a US$2 billion liquidity adjustment package, with the central bank relaxing its reserve requirement for banks as a measure to address the economic impact effects from COVID-19. The statement was made by Ms Chea Serey, National Bank of Cambodia Assistant Governor during an interview with CNBC where she explained the government’s measures to address the economic impac...
Read MoreCoronavirus impacts Thai property market
With the ongoing ‘global health emergency’ declared by the World Health Organisation (WHO) over the coronavirus impacting travel by Chinese investors, regional economies and property markets have been feeling the pinch, with Thailand feeling it more than most. Since 2016, Chinese investors have accounted for the majority of property purchases in the Thai Kingdom. However, the advent of the glob...
Read MoreUS$10m National Disability Centre of Cambodia ready in 2023
The Government of Cambodia plans to complete construction of the US$10 million National Disability Center of Cambodia by 2023 with high-quality and international standard services for persons with a disability in Cambodia. The National Disability Centre of Cambodia is to be constructed on a 65,530 square metre plot located along National Road 4 in Tror Pang Veng village, Chhak Chhoeu Neang Comm...
Read MoreMoEYS asks landowners to favour educational institutions facing COVID-19 crisis
The Ministry of Education has requested landowners to favor educational institutions while COVID-19 continues to spread. This call for action has been made further to pressure from 113 private educational institutions who have claimed that their schools have been severely affected by the impact of COVID 19 and are facing bankruptcy. In their urgent meeting on 3 April 2020, the private education...
Read More60-megawatt solar power station starts generation to the national grid
A 60-megawatt solar power station in Kampong Chhnang province’s Toek Pos district has finally started operation, generating power to the national grid, becoming the third operational solar station in Cambodia. The solar power station is an investment by Scheitech Renewable Co Ltd and the station construction began in early 2019, said Vector Zona, Director-General of Energy and spokesman for the...
Read MoreChina completes stunning Brunei bridge
The China State Construction Engineering Corporation (CSCEC) announced on 02 January that it had completed its section of the US$1.7bn Temburong Bridge in Brunei. The stunning bridge will provide a much-needed land link between Bandar Seri Begawan, the capital of the sultanate, and the Temburong district. Brunei is divided into two areas by the Malaysian state of Sarawak and the 30km bridge ...
Read MoreSamdech Techo Hun Sen Boulevard expanded at the intersection of St. 271
Samdech Techo Hun Sen Blvd (60-metre road) has been widened to its full size at the intersection of St. 271, Chramouh Chrouk Kbal Tnal Road, after completion of an impact study. The impact study was a long process before a final settlement was reached with local citizens, as they finally accepted the development company’s offer. The entrance to Samdech Techo Hun Sen Blvd was previously only ...
Read MoreGarden and sidewalk development project in Beong Samrong paused due to land disputes
Phnom Penh City Hall’s garden and sidewalk development project in Beong Samrong has been paused due to land disputes, as some residents continue to occupy state property around the area. In order to save drainage and the lake surface land, Phnom Penh City Hall decided on 30 March 2020 to pour the dam along the lake and transform the area into a garden and sidewalk. Prek Pnov authorities ordered...
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