Local News
Domestic Development Projects Not Solely Dependent on Foreign Debt, says PM Hun Sen
Cambodia Prime Minister Samdech Hun Sen has clarified that the government always contributes to the budget for domestic development projects and does not solely depend on foreign financial aid. During the Bakeng water treatment plant ground-breaking ceremony on 01 February, PM Hun Sen said that the government always saves up and contributes to necessary development […]
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Local Investment Expected to Reach US$1.4 billion in 2021, Infrastructure Projects Allocated Majority
A total of US$1.4 billion local investment is expected for 2021, the majority of which will be allocated for infrastructure development projects, according to PM Samdech Hun Sen during the Bakeng water treatment ground-breaking ceremony on 01 February. PM Hun Sen said that this investment figure does not yet include direct foreign investment. “In 2021, […]
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Ground Broken on Bakeng Water Treatment Plant, Chamkarmorn Plant Inaugurated
Cambodian Prime Minister Samdech Hun Sen broke ground on the morning of 01 February on a huge water treatment plant project in Bakeng and inaugurated another one in Chamkarmon. Both plants in total will be able to produce over 450,000 cubic metres of clean water per day by 2024. The Bakeng water treatment plant will […]
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Land Ministry Issues Procedures to Improve Construction Certifier License Issuance
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has issued detailed procedures to improve the system of issuing, renewing, and terminating construction certifier licenses both for individuals and companies, according to Prakas No.033 dated 21 January 2021. The Prakas states that professionals or companies with sufficient qualifications and work experience can apply for […]
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Siem Reap 38-Road Renovation Project 17.5% Complete
As at 25 January, the 38-road renovation project in Siem Reap is 17.5% complete and still expected to finish as scheduled by the end of this year, according to the Ministry of Public Works and Transports (MPWT). The progress was revealed during a meeting between Deputy Prime Minister Tea Banh, other relevant ministers and officials […]
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State Secretariat of Civil Aviation to Set Up Compliant Helicopter Landing Procedures at Koh Pich
Officials from the Secretariat of State for Civil Aviation (SSCA) inspected the safety of the helicopter landing site at Koh Pich on 28 January and plan to set up a compliant landing route or known as flight procedures design (SID/STAR) there as well. According to Capt. Khan Vanna, Director General for Technical and Operations of […]
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Solar Power Plant in Siem Reap Goes Online, More Scheduled Nationwide
A 32-kilowatt solar power plant in Siem Reap province officially went online on 27 January, with three more large-scale solar power plants with a total output of over 110 megawatts scheduled to start operation across the nation in 2021. Located at the Sok An Phnom Kulen Orchid Research and Conservation Center, the 32KW plant can […]
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Recent Infrastructure Renovation in SR and SHV Tip of the Iceberg for Future Masterplans
According to a local analyst, the infrastructure renovation projects such as the 34-road project in Sihanoukville and the 38-road project in Siem Reap are just the model or small parts of the government’s future master plan to enhance infrastructure nationwide. President of the Cambodia Valuers and Estate Agents Association (CVEA) Chrek Soknim said in a […]
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MEF: Cambodia Construction and Property Sectors to Grow by only 2.9% and 2.7% in 2021
The construction and property sectors are projected to grow by 2.9% and 2.7% in 2021 respectively, after contracting by 2.4% and 4.9% in 2020, according to the Ministry of Economy and Finance Latest’s Macroeconomic Report. These drops for both sectors were due to the effect of the COVID-19 pandemic, which reduced foreign investment and demand. […]
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US$30 million 26-storey Office Building Topped Off
The 26-storey Maritime Tower office building has been topped off and is expected to open for operation within this year, according to the developer’s announcement during the topping off ceremony on 26 January. Located along 60m Road, the project is an investment and development by Maritime Asset, a subsidiary of the Maritime Group with an […]
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