Cambodia’s Economy Projected to Grow by 6.6% in 2023
The Cambodian economy is predicted to achieve a growth rate of around 6.6% due to the expected continuation of the positive trend of global demand and investment confidence, while the COVID-19 crisis in the country is under control. The government set the forecast for Cambodia’s economic growth in 2023 in the draft law on financial […]
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GDT Starts Listing & Updating Real Estate Information in Svay Rieng Province
The General Department of Taxation will start the work of listing and updating real estate information in Svay Rieng province aimed to collect real estate data for the benefit of tax revenue collection. The GDT in cooperation with the Svay Rieng Provincial Administration, organized a meeting on the preparation for listing and updating of real […]
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Construction & Real Estate Sectors Expected to Continue Growth in 2023
The construction and real estate sectors are expected to continue to recover in 2023 due to the influx of foreign investment and the demand for low- and medium-cost housing. In the draft law on financial management for 2023, signed by Samdech Techo Hun Sen, Cambodian Prime Minister of Cambodia on 08 June, the government stated […]
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MPWT Raise Awareness on Sewage System to People in Siem Reap
The Ministry of Public Works and Transport (MPWT) has announced a book to raise public awareness on the sewer system, treatment system and wastewater service at the sub-national level, with the participation of 60 participants in Siem Reap at a workshop on 17 June 2022 in cooperation with UN-Habitat. This dissemination workshop aimed to raise […]
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Search for the kingdom’s finest real estate continues with the 7th PropertyGuru Cambodia Property Awards
HIGHLY ANTICIPATED INDUSTRY EVENT OF THE KHMER REAL ESTATE CALENDAR TO BE HELD AT RENOWNED SOFITEL PHNOM PENH PHOKEETRA Locals are driving the Cambodian property market as it adjusts to domestic tastes and demand, expert analysts say Exclusive black-tie gala dinner to be held on 26 August 2022 at the Sofitel Phnom Penh Phokeethra and […]
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Construction Businesses Registering on Single Portal Worth US$1 billion in Investment Value
The Online Business Registration platform registered a total of 14,676 business applications, with a total investment of US$4,670 million in the capital in the two-year period since its launch. According to a press release from the Ministry of Economy and Finance, business applications in the construction sector accounted for 21.6% or about US$1 billion of […]
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Motor Cambodia Assembly Plant Worth Over US$20 million Officially Inaugurated
The Motor Cambodia Assembly Plant worth more than US$20 million in Pursat province was officially inaugurated on 16 June 2022 by His Excellency Hun Manet, Deputy Commander of the Royal Cambodian Armed Forces and Commander of the Army. Speaking at the event, HE Hun Manet expressed his great pride in the people of Pursat, especially […]
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Preah Sihanouk Provincial of Public Works Department Building Inaugurated
The new administrative building of the Preah Sihanouk Provincial Department of Public Works has been inaugurated to respond to work and provide public services. The inauguration ceremony of the public service department building was held on 15 June and was officiated by HE Prum Sokha, Minister of Public Works, HE Kouch Chamroeun, Governor of Preah […]
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Techo Sen Institute, Chang’an University Enter Public Works Cooperation
The Techo Sen Institute of Public Works and Transport signed a memorandum of understanding with China’s Chang’an University to enhance the quality of education in line with market needs and to provide technical assistance for road construction and infrastructure to students. The MoU signing ceremony was held on 15 June and witnessed by HE Ms […]
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Ministry of Public Works Seeks Infrastructure Building Technical Training Cooperation with Japan
The Ministry of Public Works and Transport has sought cooperation with Japan in training skills in road construction and physical infrastructure. The remark was made by HE Sun Chanthol, Senior Minister, Minister of Public Works and Transport in a meeting with HE Mikami Massahiro, Ambassador of Japan to Cambodia on 15 June. HE Sun Chanthol […]
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Cambodia & Korea Approve Prioritised Projects Worth US$1.5B of Concession Loan Along with US$50 of Grant Aid
The Royal Government of Cambodia and the Republic of Korea have approved the prioritised projects in the Financing Cooperation Framework 2022-2026, which is worth about US$1.5 billion along with US$50 million of grant aid to develop key sectors in Cambodia. According to a 4th Policy Dialogue on 13 June 2022, the amount of budget above […]
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Cambodia Needs Almost US$50 billion to Implement 330 Projects in the Next Decade
Cambodia will need nearly US$50 billion to implement 330 transportation system projects over the next 10 years, according to HE Sun Chanthol, Minister of Public Works and Transport, during a working meeting with a delegation from CMA CGM (Cambodia) Co., Ltd on 14 June 2022. HE Sun Chanthol said that Cambodia needs to invest nearly […]
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