CVEA’s Recently-elected President Vows to Boost Real Estate Market in Cambodia 2021

Mr Chrek Soknim has vowed to do his best to boost the Cambodian real estate market after he was recently re-elected as the president of the Cambodian Valuers and Estate Agents Association (CVEA) for 2021-2022.

The vote counting and results announcement was held via video call on 23 December with the participation of board members as well as other general members.

Mr Chrek Soknim expressed his excitement of continuing the position and has vowed to do his best to promote the real estate sector in Cambodia for further growth.

Regarding the situation of the real estate sector in Cambodia, he said that in 2020, the real estate sector in Cambodia had slowing down by a bit due to the lack of foreign investment. However, with effective government measures and the introduction of the vaccine, he is optimistic about 2021.

In August this year, the Cambodia Valuers and Estate Agents Association (CVEA) President Chrek Soknim was chosen to be the next president of the ASEAN Valuers Association (AVA). Cambodia is also honoured to also be hosting the AVA congress meeting next year. (Read more)

- Video Advertisement -

Related Post

Bentley Systems’ New Carbon Analysis Capabilities Help Reduce Infrastructure’s Carbon Footprint

Bentley makes carbon impact analysis a systematic part of the design process for new and existing infrastructure assets and simplifies embodied carbon reporting with added 3D visualisations. VANCOUVER (Bentley Systems’ Year in Infrastructure 2024) – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the general availability of new Carbon Analysis capabilities […]

China Grants US$20Mil on School Infrastructure and Education Improvement Project in Cambodia

In a significant step for Cambodia’s educational development, a USD 22.5 million project dedicated to improving school infrastructure and supplying educational materials was officially inaugurated at Hun Sen Peam Chi Kang High School in Kampong Cham Province, under the presidency of PMHun Manet on 26 October 2024 The ambitious project, primarily funded by the People’s […]

WB Approves USD80 Million Grant to Elevate Cambodia’s Education Sector and Renovate 147 Laboratories

In a significant boost to Cambodia’s education system, the World Bank has approved an USD80 million grant aimed at upgrading the country’s tertiary education and research infrastructure. Over the next six years, the financing will be used to renovate 147 laboratories across nine public higher education institutions, providing improved facilities for academic growth and research […]

Cambodia Unveils National Customs School as the Newest Asia-Pacific Training Hub

Cambodia has officially launched its National Customs School as the 11th Asia-Pacific Training Center of the World Customs Organization (WCO), marking a major milestone in the country’s role in international customs training and cooperation. The inauguration ceremony was presided over by His Excellency Dr Aun Porn Moniroth, Deputy Prime Minister and Minister of Economy and […]

Japan Grants Over US$57m to Cambodia for Human Resource & Infrastructure Development

The Ministry of Economy and Finance and the Japan International Cooperation Agency (JICA) have signed two agreements worth 8.679 million yen (US$57.5 million) to support human resource and infrastructure development in Cambodia. This was announced in a joint press release on 19 July 2024. The agreements include a grant financing agreement and a concessional loan […]

World Bank Grants Nearly US$80m to Cambodia to Enhance Over 1,500 Educational Institutions Nationwide

The World Bank has allocated an additional US$79.5 million to Cambodia to improve access to quality education across 1,590 educational institutions. This expansion, announced in a press release on 30 May 2024, builds upon an initial funding package of US$69.25 million approved in January 2022. The new financing package includes a US$60 million loan from […]