GDT to Launch New Real Estate ID Management System: No Tax, No Title Transfer
The General Department of Taxation (GDT) will soon launch a new real estate ID management system for boreys and housing developers to register and pay real estate tax. The remark was made by HE Kong Vibol, Director General of the General Department of Taxation, in a seminar on annual income tax obligations held on March […]
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Construction of Techo International Airport 32% Complete; US$414m Spent
Construction on the new Techno International Airport is 32% complete as of early March, according to a Cambodia Airport Investment Co., Ltd. (CAIC) press release of 4 March. CAIC added that a total amount of US$414 million has been spent to date on the development excluding the airport land investment. Even though the COVID-19 pandemic […]
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MEF Issues New Regulations to Speed Up Local Infrastructure Projects Procurement
The Ministry of Economics and Finance (MEF) has instructed all sub-national administrations to accelerate local infrastructure construction projects procurement. According to Circular No.002 dated 03 March 2022, the new order has been made after the ministry discovered many delays in project preparation, technical review, and payment for construction firms. Procurement is the process of finding […]
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US$50-million Cambodia-China Friendship Hospital Tbong Khmum Officially Inaugurated
The China-backed Tbong Khmum Cambodia-China Friendship Hospital, the first modern hospital in the eastern part of the country, was officially inaugurated on Monday 7 March 2022. The inauguration ceremony was presided over by Cambodian Prime Minister Samdech Hun Sen and Chinese Ambassador to Cambodia HE Wang Wentian. The Tbong Khmum Cambodia-China Friendship Hospital was built […]
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Japan Provides Approx. US$300k grant for Infrastructure Projects in Six Provinces
The Government of Japan has provided a total of nearly US$300,000 through the KUSANONE scheme t to build small water treatment plants, provide water supply equipment, and assist in the installation of artificial motion therapy equipment in various provinces. The grant agreement was signed between Cambodian and Japanese representatives on 4 March 2022. The project […]
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Hattha Bank Invests US$15 million in CAIC Bond to Fund New Airport Development
Hattha Bank Plc has invested US$15 million in guaranteed bonds of the Cambodia Airport Investment Co., Ltd. (CAIC) to fund the development of the Techo International Airport. The agreement was signed on 4 March held between CAIC Director Mr Charles Vann, Hattha Bank President and CEO Oknha Hout Ieng Tong, in the presence of Neak […]
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Mondulkiri Authorities Issue New Orders to Crackdown on Illegal Divided Land Plot Businesses
Mondulkiri provincial authorities have warned of severe fines and legal action against any unlicensed divided land plot businesses (Dey Lo), while they currently crack down on these businesses at their locations. The warning came after provincial authorities have found many businesses operating illegally without permits. In some cases, the developers refuse to transfer land ownership […]
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MPWT Calls for Shipping Sector Companies to Attend New Port EDI System Seminar
The Ministry of Public Works and Transport (MPWT) has called for all shipowners, ship agencies, and other related firms to attend a training course on how to use the new port management system—Port EDI. According to the ministry announcement on 4 March, the training will be conducted by system developers to help the private sector […]
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Japan Finishes Study on Clean Water System Development Masterplan 2020-2030
Cambodia’s clean water system development master plan from 2020 to 2030 has been recently completed by a Japanese team and is set to be implemented gradually phase by phase. Director-General of Phnom Penh Water Supply Authority HE Long Naro said on 1 March that Japan has already helped to study three master plans: Project 1 […]
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Apsara Authority Strengthens Land & Construction Regulations in Angkor Park
The APSARA Authority recently hosted a training course to promote and strengthen the law and regulations enforcement regarding land and construction management in the Angkor archaeological park zone. Joined by over 100 officials and students, the training educated the participants on the construction evaluation and provided an in-depth understanding of the law enforcement on construction […]
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MPWT, TOTAL Discuss Development of EV Charging Facilities in Cambodia
The Ministry of Public Works and Transport and TOTAL Energies (Cambodia) Co Ltd discussed the development of electric vehicle (EV) charging stations in various TOTAL gas stations nationwide. The discussion was held during a meeting on 3 March between HE Sun Chanthol, Senior Minister and Minister of Public Works and Transport and Mr Jean Lescure, […]
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NR31, NR33, NR41 Expansion Project Set to Have Ground Broken This Year
The Chinese Embassy in Cambodia has confirmed that the Chinese government will help push forward the project to improve the quality and widen NR31, NR33, and NR44 this year. Speaking at the inauguration of NR3 on 2 March, HE Wang Wentian, Chinese Ambassador to Cambodia, said that China will provide assistance to Cambodia in its […]
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