English 
ខ្មែរ 
Malaysia reduces minimum property ceiling for foreigners
- 2 November 2019
The Malaysian government has significantly reduced the minimum property purchasing amount for foreign buyers from US$238, 581 to US$143,149 in a move which has brought support in some quarters and opposition from others. While the country’s biggest property developer group, the Real Estate and Housing Developers’ Association (REHDA), applauded the move saying it will help shift vacant high-rise...
Read More
Ministry of Mines prepares bidding for waste-to-energy project
- 1 November 2019
The Ministry of Mines and Energy is preparing the documents for the bidding for a waste-to-energy project which will address the increasingly waste management and increase electricity supply in Cambodia, according to the ministry spokesman. Speaking with Construction and Property Magazine by phone, H.E Victor Jona, spokesman for the Ministry of Mines and Energy confirmed that following the inst...
Read More
ADB pledges $89 million for water supply and sanitation services and financial sector
- 1 November 2019
Two agreements worth $89 million were signed on 03 October by the Asian Development Bank (ADB) and Cambodia’s Ministry of Economy and Finance to improve access to water supply and sanitation services in rural areas, and to enhance the country’s financial sector. The agreements were signed by ADB Country Director for Cambodia Ms. Sunniya Durrani-Jamal and Cambodia’s Deputy Prime Minister and Min...
Read More
Five major infrastructure projects in SEA win Bentley Systems’ Year in Infrastructure 2019 Awards Program
- 31 October 2019
Five major infrastructure projects in Singapore, Malaysia and Indonesia have won the Bentley Systems’ Year in Infrastructure 2019 Awards Program which was awarded during the annual awards program held from 21 October through 24 in Singapore at the Marina Bay Sands Expo and Convention Centre. The awards were handed to SEA winners after project executors chose infrastructure software from Bentley...
Read More
IMF researchers advise Cambodia to tighten lending measures on real estate amid high credit growth
- 31 October 2019
New End-of-Mission statements by the staff teams of the International Monetary Fund (IMF) advises Cambodia to tighten its lending measures on the real estate sector amid the booming industry and high credit growth. According to an IMF press release, Cambodia’s GDP growth remains positive standing at around 7% in 2019, yet further policies are needed to address elevated financial sector vulnerab...
Read More
National Road 3 (Phnom Penh-Kampot) will cost more than US$219 million
- 30 October 2019
With an approximately more than US$219 million will be used to construct a National Road 3 (Phnom Penh-Kampot), the road is believed to be high quality and long term of use. The budget of implementing this project came from the concession financing from the People's Republic of China, together with the Royal Government of Cambodia according to Ministry of Public Works and Transport. A company t...
Read More
Behind the Success of Design & Build in Cambodia’s Construction Industry
- 30 October 2019
Construction in Cambodia has been rapidly growing in the last decade and expecting to grow more due to vast urban and rural areas that are left to be developed. According to Ministry of Land Management Urban Planning and Construction (MLMUPC), more than US$2.7 billion in construction investment projects were approved within the first quarter of 2019. Most of the investments are on high-rise reside...
Read More
Cambodia drops six places on Doing Business 2020, though construction improves
- 30 October 2019
Cambodia has dropped six places in the World Bank’s ranking on Doing Business 2020, yet the country has made improvements in dealing with construction permits, getting electricity, and resolving insolvency among the 10 topics studied. The recently published Doing Business 2020 shows that Cambodia ranks 144 out of the 190 rankings, reflecting a drop of 6 places compared to the ranking in 2019 wher...
Read More
Deputy Prime Minister demands single standard for new road construction in Sihanoukville
- 28 October 2019
Cambodia's Deputy Prime Minister and Minister of the Ministry of Land Management Urban Planning and Construction (MLMUPC) H.E Chea Sophara has instructed the contractor for road construction in Sihanoukville to ensure a single standard of construction for the road building in the province. The instruction came as the construction contract for 34 roads in Sihanoukville using a US$100 million bud...
Read More
Cambodia must address challenges to benefit from digital economy
- 28 October 2019
With the rapid development of the digitised society, Cambodia still needs to improve in a number of areas to gain benefit from the digital economy, according to a recent World Bank report. The report concludes that Cambodia still needs to address four challenges before absorbing the diverse benefits available from a digital economy. According to World Bank report, the first factor is that Cambo...
Read More
CCA attends 41st IFAWPCA Mid-term Executive Board Meeting
- 28 October 2019
The Cambodia Constructors Association (CCA) joined a special summit of the International Federation of Asian and Western Pacific Contractors’ Associations (IFAWPCA) in Thimphu, Bhutan for the 41st IFAWAPCA Mid-term Executive Board Meeting. Held on 30-31 July 2019 at the Terma Linca Resorts & Spa, the meeting discussed the nomination of the rapporteur for the term 2019-2020. This included di...
Read More
Online real estate marketers buzzing as Cambodia’s e-commerce law approved
- 28 October 2019
Real estate marketers have expressed excitement at the ability to develop online digital platforms to promote sales after the Cambodian National Assembly approved the draft law on e-commerce. Speaking at the Property Market Update event on 25 October hosted by Vtrust Appraisal, Chairman of VTrust Mr. Kuy Vat views online marketing as a vision for growing and promoting real estate sales in Cambo...
Read More