Government accelerates study on National Road 10 construction
National Road Number 10 linking Samlot in Battambang province, Veal Veng in Pursat province and Koh Kong province is scheduled for construction in 2020, as the inter-ministerial working group has accelerated the planning study. According to a report from the Ministry of Public Works and Transport, National Road Number 10 is part of the infrastructure construction plan for 2020. The inter-min...
Read MoreAll Eyes on Russian Boulevard
By Eric Wong Chon Lap A wide road, colleges and universities, a series of upcoming office buildings and other amenities, close proximity to Phnom Penh International Airport and easily accessible to all the major thoroughfares – these are all the right ingredients to make Russian Boulevard among the most sought-after locations for commercial and residential developments in Phnom Penh. It’s attr...
Read MoreMine Exploration License Opens for Public Bidding
Ministry of Mines and Energy announced it opens for application for public bidding on the mine exploration licenses in eight areas. According to announcement dated on January 10, the eight areas cover cumulatively 1,390 square km in provinces of Stung Treng, Preah Vihear, Kompong Thom, Siem Reap, and Mondulkiri. The ministry stated local and international companies shall apply for the mine e...
Read MoreConstruction professionals requested to properly implement construction law
The Ministry of Land Management, Urban Planning, and Construction has called for the full implementation of the construction law by professionals in the construction sector. The call was made after the cases of collapsed buildings in Kep province and Preah Sihanouk and a pagoda building collapse in Siem Reap province. Speaking at the dissemination workshop on the construction law held on 14 ...
Read MoreInvestment on Waste to Energy Boosted
The Royal Government of Cambodia has boosted investments on converting solid waste to energy which is part of urban solid waste management while amount of solid waste increases year by year. Attracting investment on waste on energy is stated in the draft of policy on urban solid waste management for 2019-2028 which is currently being discussed by inter-ministries. According to Ministry of En...
Read MoreGovernment agrees new airport investment project in Koh Kong province
A new airport investment in Koh Kong province has been approved by the Royal Government of Cambodia, allowing investors to build an airport in Mondul Seima district. According to an announcement from the Council of Ministers released on January 13, the government has approved the airport investment on between 400 and 600 hectares to be built in Pak Klong commune, Mondul Seima district in Koh Ko...
Read MoreDesign of new US$1.5 billion Phnom Penh International Airport 60% completed, construction nears
The architectural design of the US$1.5 billion New Phnom Penh International Airport in Kandal province is now 60% completed with construction coming near, according to Cambodia Airport Investment Co.,Ltd. Speaking to a group of Japanese investors on 9 January at the Canadia Tower, Mr Yee Con Long, a member of the project steering committee of Cambodia Airport Investment Co.,Ltd, said the archit...
Read MoreOperating a hotel through a lease agreement or a hotel management agreement
When deciding to develop and operate a hotel, the parties may enter into a lease agreement or a hotel management agreement. Both have advantages and inconveniences. A study of the Cambodian market indicates significant growth in the number of tourists visiting Cambodia, leading to a significant development of the hospitality sector in Phnom Penh, Siem Reap and Sihanoukville. Emblematic of this...
Read MoreMinistry of Land Management appoints new construction inspectors
The Ministry of Land Management, Urban Planning and Construction has formed a new official group to inspect the construction sites. The group was formed following the deadly collapse of a building in Kep province early January and the collapse of a building in Sihanoukville in June 2019. According to an announcement signed by H.E. Chea Sophara, Deputy Prime Minister and Minister of Land Managem...
Read MoreLand Management Ministry strengthens implementation of Construction Law
The Ministry of Land Management, Urban Planning and Construction has asked the authorities in the construction sector and ministry officials in provincial departments to implement the new construction law by prohibiting unauthorised construction, while strengthening the issuance of construction permits and inspecting construction sites to ensure the safety and security of construction sites. In...
Read MoreNew underpass planned for Russian Federation Blvd
Phnom Penh City Hall has unveiled a plan to build a new underpass on Russian Federation Road in front of the Royal University of Phnom Penh to facilitate student travel. The tunnel project was discussed at a meeting held on 9 January in the presence of the Phnom Penh governor Khoung Sreng. The tunnel construction will be built in front of the Royal University of Phnom Penh and the Institute ...
Read MoreLegal construction warranties and stakeholder liabilities in the construction sector: A new business opportunity for insurance companies
The Construction Law introduces various legal construction warranties which all contractors and sub-contractors participating in construction projects must now undertake while also imposing new liabilities upon stakeholders in construction projects in Cambodia. As a result, insurance companies now have the opportunity to play a sizeable role in this sector by covering these risks. According to ...
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