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ខ្មែរ 
CCA donates US$10,000 to the government to fight COVID-19
- 6 April 2020
The Cambodia Constructors Association (CCA) has donated US$10,000 to the Royal Government of Cambodia to fight COVID-19 in accordance with Samdech Techo Hun Sen’s call for donations. This kindhearted and generous gesture by the Cambodia Constructors Association (CCA) under the leadership of Neak Oknha Pung Kheav Se, Chairman of the CCA will provide an additional contribution to Cambodian societ...
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Ministry of Education: Gym and fitness centres to temporarily close due to COVID-19
- 6 April 2020
All gym and fitness centres in Cambodia are to be temporarily closed to prevent the further spread of the COVID-19 pandemic. The suspension of gym and fitness businesses is to prevent and control the spread of COVID-19 in Cambodia, according to an announcement from the Ministry of Education, Youth and Sports. Pich Sok, a trainer at the Jouvance Fitness Center, told reporters that the closure of...
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Land Division from Sub-Decree 80 land area and Botum Sakor National Park not yet complete
- 6 April 2020
The request for the land division from sub-decree 80 covered land area and the Botum Sakor National Park for residents has not yet reached approval, mentioned by Mr. Chea Sovy, Governor of Koh Kong District, in an interview with Construction and Property Magazine on 3 April 2020. “The land division is to cut from the Botum Sakor National Park and Sub-Decree 80 on the Creation of the Tatai Wildl...
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CDC approves three major development projects worth over US$160 million
- 4 April 2020
The Cambodian government, through the Council for the Development of Cambodia (CDC), has recently given permits to three firms to invest a total of US$160 million in establishing a factory, a hospital, and a 3-star hotel in Phnom Penh and Preah Sihanoukville respectively. The first project is an investment of approximately US$7.7 million by JINTEK CELLS TECHNOLOGY CO., LTD in constructing a fac...
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World Bank provides US$20 million to Cambodia in response to COVID-19
- 4 April 2020
The World Bank has provided US$20 million to Cambodia from the International Development Agency (IDA) to build isolation and treatment centers as well as medical supplies and facilities in response to the COVID-19 pandemic, according to a press release from the World Bank on 2 April 2020. Mrs. Inguna Dobraja, World Bank Country Manager for Cambodia said, “This fast-tracked financing will help C...
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The Impact of COVID-19 On Construction Contracts in Cambodia
- 3 April 2020
Questions and uncertainty related to the impacts of the COVID-19 global pandemic on construction contracts in Cambodia have been the subject of great interest and concern by real estate developers and construction companies since the beginning of this outbreak. Parties to construction contracts are now carefully analyzing whether this situation can be considered a force majeure event. On 11 March...
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Measures to maintain office and commercial buildings during COVID 19
- 3 April 2020
How could we maintain our office and commercial buildings during the closure due to COVID 19? While your office and commercial buildings are vacant due to the absence of staff and other occupants in the building due to COVID 19 fear, the focus on the measure of management and maintenance the buildings are very crucial especially for all property owners. According to an article published by C...
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National Bank urges institutions not to foreclose on the property during COVID-19 crisis
- 2 April 2020
The First Deputy Inspector General of the National Bank of Cambodia has requested all banks and microfinance institutions to avoid seizure of clients' assets while the economic situation slows down due to the COVID-19 pandemic. According to a local press release, Mr Kith Sovannarith, First Deputy Inspector General of the National Bank of Cambodia, requested all banks and microfinance to solve t...
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Expert: Construction and real estate market to recover next year
- 2 April 2020
Experts predict that the construction and real estate markets will recover in 2021 despite the dramatic decline since the end of 2019 resulting partially from the effects of the COVID-19 pandemic in 2020. In an interview with RFI, Dr Ky Sereyvath, an economics professor and also Director of the Royal Academy of Cambodia’s Centre for China Studies said, “The outbreak does not damage the Cambodia...
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Work on 140-megawatt solar power stations continues as planned
- 2 April 2020
Four solar projects with a total generation capacity of 140 MW and total investment costs of around US$132.5 million are on course as planned although other mega power projects have seen construction suspended due to the COVID-19 pandemic. The four solar projects were approved by the government in 2019. As planned, construction is scheduled to be completed before the end of 2020. Those plants a...
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World Bank: Cambodia’s economic growth to slow to 2.5% in 2020 due to COVID-19
- 1 April 2020
Cambodia’s economic growth is predicted to decrease by 2.5% in the first quarter of 2020, due to inactivity in the tourism and construction sectors resulting from the outbreak of the COVID-19 pandemic in the country. The World Bank released an Economic Update for East Asia and the Pacific in the time of COVID-19 report on Tuesday 01 April estimating the economic impact of the virus pandemic. ...
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Chinese invests $ 4 million establishing new concrete production company in Sihanoukville
- 1 April 2020
CAILI ROAD ENGINEERING (CAMBODIA) CO., LTD. a company building a paved road with an investment budget of about 30 million yuan or about US$ 4,235,196.00 was officially opened on the morning of March 29, 2020, presided over by HE Kouch Chamroeun, Governor of Preah Sihanouk province. The company main office is located in Preah Sihanouk province which has become more potential for attracting more ...
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