Cambodian Government Commits to Rebuilding Boeung Chhouk Market in Battambang for Affected Traders

The Cambodian government has announced a comprehensive plan to reconstruct the Boeung Chhouk Market in Battambang, which was severely damaged in a fire on 3 November 2024, destroying nearly 150 stalls. PM Samdech Hun Manet confirmed the project during the inauguration ceremony of achievements in the Boeung Chhnuk Techo Win-Win Development Zone on 29 November 2024.

The rebuilding initiative will provide lifetime, cost-free access to market spaces for affected stallholders, ensuring they can continue their businesses in a newly constructed facility.

This commitment extends to all traders previously occupying the ground floor, first floor, and the small market behind the main structure. The PM assured attendees that the new market would maintain the original structure and layout based on assessments conducted by experts from the Ministry of Land Management, Urban Planning, and Construction.

The reconstruction process is expected to take approximately four months. During this period, traders whose stalls were destroyed will be allocated temporary sales locations, while those whose stalls were unaffected will be allowed to continue operations as usual.

The Boeung Chhouk Market project underscores the Cambodian government’s dedication to supporting local businesses and revitalizing Battambang’s economic activity. This initiative aims to restore stability and opportunity for traders, reinforcing the community’s resilience after the devastating fire.

- Video Advertisement -

Related Post

Cambodia and Vietnam Set Ambitious Trade Target of USD 20 Billion

In a significant commitment to enhance economic collaboration, Cambodia and Vietnam have pledged to elevate their bilateral trade to USD 20 billion in the coming years. This agreement was reached during a meeting on February 26, 2025, between Samdech Khuon Sudary, President of the National Assembly of Cambodia, and H.E. Nguyen Minh Vu, the Ambassador […]

Cambodia’s Trade Volume Surges to Over USD28 Billion in 2024

In a significant boost to its economy, Cambodia has reported a trade volume exceeding USD 28 billion in 2024, marking an impressive 18% increase from the previous year. The latest import trade report from the General Department of Customs and Excise reveals a total import value of approximately USD 28.5 billion, reflecting robust growth in […]

Malaysia Strengthens Agricultural Ties with Cambodia Through Investment in Fresh Milk Production

In a significant step towards enhancing agricultural cooperation, Malaysia has announced plans to invest in fresh milk production in Cambodia. This development was unveiled during a key meeting between Cambodia’s Minister of Agriculture, Forestry and Fisheries, H.E. Dit Tina, and Malaysia’s Minister of Agriculture and Food Security, H.E. Datuk Seri Haji Mohamad bin Sabu. During […]

Cambodia and Japan Collaborate to Create War Relic Recycling Facility for Souvenirs

In a spirit of inspiration to transform war relics into symbols of hope, Cambodia has joined hands with Japan to establish a war relic recycling facility that will pioneer the crafting of unforgettable souvenirs. The initiative was launched by the Cambodian Mine Action Center (CMAC) and Japan On The Road on February 24, 2025. His […]

Companies Raise USD 475 Million in Capital Markets, Promising Growth Ahead

As of February 2025, listed companies in Cambodia have successfully raised a total of USD 475 million from the capital market, according to HE Hong Sok Hour, CEO of the Cambodia Securities Exchange (CSX). During his address at the ACLEDA Bank subordinated bond listing ceremony on 24 February 24, HE Hong announced that CSX currently […]

Cambodia Government Facilitates Import Exemptions for Construction Projects

In a significant move to boost investment in the construction sector, the Cambodian government has announced a new procedure to exempt imports of construction materials from customs duties, special taxes, and state-paid value-added tax. This initiative targets investment projects registered with the Capital-Provincial Investment Subcommittee and is detailed in Inter-Ministerial Prakas No. 070 S.H.O.P.R.K, issued […]