Chestertons to launch real estate agency office in Cambodia
Chestertons, a British 216-year-old agency estate agency chain, has announced the “next stage” of its global expansion, with a new office launch in Asia. The acquisition of Phnom Penh-based Focus Property Co marks the firm’s first foray into this “key, fast-growing” market, ahead of a planned expansion across the region, according to a press release […]
Read More
CDC Approves 14 Investment Projects Worth Over US$544 million
The Council for the Development of Cambodia (CDC) has recently approved permits to private firms to invest a total of US$544.8 million in establishing 14 factories in Phnom Penh, Kampong Speu, Preah Vihear, Sihanoukville, Kandal, Battambang, Pursat and Koh Kong. According to a CDC announcement on 12 November 2021, those firms include: 1. RMA AUTOMOTIVE […]
Read More
Phnom Penh Authority to Rehabilitate Road System Across Three Outskirt Districts
The Phnom Penh Municipal Administration has broken ground on a project to rehabilitate 6km of road crossing three districts on the outskirts of Phnom Penh including Por Senchey, Kambol and Prek Pnov. Phnom Penh Governor HE Khuong Sreng said during the groundbreaking ceremony on Friday 12 November that this rehabilitation project is due to the […]
Read More
Gov’t Approves US$3-million Budget for Construction of SHV Administration Building
The Sihanoukville Provincial Administration will build a new administrative building worth over US$3 million to facilitate the workflow of the office as the province is a destination for investment and tourism. Prime Minister of Cambodia Samdech Techo Hun Sen said during the inauguration ceremony of the Ministry of Land Management, Urban Planning and Construction in […]
Read More
PM Hun Sen: No More Internet Service Provider Monopolies in Boreys
Cambodian Prime Minister Samdech Hun Sen has ordered an end to internet service provider monopolies in Boreys and revoke all the previous exclusivity agreements signed by related parties. The statement of PM Hun Sen was repeated by the Minister of Posts and Telecommunications HE Chea Vandeth at a press conference on 04 August. “Deals to […]
Read More
Mong Reththy Group Builds Large-Scale Animal Feed Processing Plant in SHV
M’s Pig ACMC Cambodia, a subsidiary of the Mong Reththy Group, broke ground on a new large-scale animal feed processing factory located in Prey Nob district in Sihanoukville. Once launched, the factory will be able to produce approximately 18,000 tons per month and will help farmers by collecting agricultural products as raw materials for processing. […]
Read More
Cambodia Needs US$48bn to Implement 330 Projects in Transportation Sector in 10 Years
Cambodia will need approximately US$48 billion to implement 330 projects in the transportation and public works sectors over the next 10 years. Minister of Public Works and Transport HE Sun Chanthol unveiled this data during the 26th ASEAN Transport Ministers Meeting with the US-ASEAN Business Council on Thursday 11 November. HE Sun Chanthol added that […]
Read More
Bidding Opened for Construction of New US$25-million National Assembly Building
The National Assembly of Cambodia has announced public bidding for the construction of the new US$25 million National Assembly building. According to an announcement issued on 12 November, bidding applications should be submitted to the General Secretariat of the National Assembly no later than 27 November, 2021. The project will be built under a grant […]
Read More
Cambodia Vows to Transform Energy Infrastructure, to Cut 42% of Carbon Emissions by 2030
Power plants and other energy infrastructure in Cambodia will see a significant change toward a more sustainable and green manner after the Ministry of Environment pledged to implement four new policies to mitigate climate change and reduce greenhouse gas emissions. The commitment was made by Minister of the Environment HE Say Sam Al at the […]
Read More
New Khmer-Thai border Point to be Equipped with Modern Cargo Scanning Tech
The Ministry of Public Works and Transport (MPWT) plans to equip the new Khmer-Thai Stung Bot- Ban Nong Ian border checkpoint with modern X-Ray scanning machines to check all cargo goods crossing the border to accelerate goods clearance procedures. The initiative was announced in the project construction follow-up meeting held on 8 November between relevant […]
Read More
Ground Broken on New US$60m Ministry of Interior Headquarters Building
The ground breaking ceremony for the new US$60-million Ministry of Interior headquarters building was officially held on Thursday 11 November in the presence of Minister of Interior Samdech Sar Kheng. The new office is located in the 5.6 hectares of the original ministry complex located along Norodom Blvd in Sangkat Tonle Bassac. With a total […]
Read More
Kandal Authority Closes Three Illegal Sand Excavation & Transport Businesses; Raid Ongoing
Kandal provincial authorities have shut down three sand excavation and transportation businesses in Kandal Stueng district for operating without licenses, not paying royalties, and a lack of technical standards. The closure of businesses was done during the raid led by Kandal Deputy Governor HE Nop Dara on Wednesday 10 November. The first business is located […]
Read More