Cambodia Endorses Solid Waste Recycling & Energy Projects
The Ministry of Environment has supported the Global Green Growth Institute (GGGI) on a project to study the feasibility of converting solid waste into fossil fuels in the form of refuse-derived fuel in Cambodia. The topic was discussed during a virtual meeting between HE Say Sam Al, Minister of Environment, and Mr. Frank Rijsberman, Director […]
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Oddar Meanchey’s State Land Encroachers Told to Demolish Construction, or Face Legal Action
The Samraong Municipality Administration of Oddar Meanchey province has ordered all the state’s land encroachers in Sangkats Bansay Reak and Samraong to demolish their illegal construction within 10 days starting from 26 October onwards; or otherwise face severe legal action. The demolition order came after the municipality’s working group observed that some landowners in the […]
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Japan to Complete Siem Reap Smart City Planning in 2022
The Japan International Cooperation Agency (JICA) will complete the planning for the Siem Reap smart city project by early 2022, according to a follow-up meeting between the provincial administration and JICA on 26 October. Siem Reap Deputy Governor Ly Samrith said that the provincial administration had requested JICA to help study this project since 2019. […]
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High-Rise Buildings in Cambodia Set to Follow New Fire Protection Rules
The Ministry of Interior has issued a new Prakas to strengthen regulations on fire protection systems in high-rise buildings and building with basements, after months of discussions on the draft. According to Prakas No. 2644 dated 19 October 2021, the new regulation also established two special teams to prevent, monitor, and extinguish fires in target […]
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H&M to Use Latest Textile Recycling Technology at Cambodian Factories
Swedish fashion retailer Hennes & Mauritz (H&M) is planning to use state-of-the-art textile technology to recycle and blend textiles at its factories in Cambodia. Named Green Machine, it is cutting-edge and the world’s first technology that can recycle blend textiles at scale. The technology is developed by the Hong Kong Research Institute of Textiles and […]
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Construction of Chroy Changvar – Svay Chrom Bridge Could Begin Next Year
Construction of the Chroy Changvar-Svay Chrum bridge could begin next year, as the government has listed this project in the prioritized list for the 2022 spending plan, according to the draft law on financial management 2022 of the Ministry of Economy and Finance. The draft law states there are seven prioritized infrastructure development projects to […]
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Impacts of Government Bonds on Economy & Real Estate Market
The Cambodian government has recently announced a plan to issue bonds worth over US$300 million next year. Though the government did not disclose the detail on how the bond funding will be used, priority sectors such as infrastructure development will be one of those included in the spending list. (Read more) This plan has raised […]
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Power to Resolve Real Estate & Pawnshop Disputes Transferred to New Gov’t Body
Power to resolve disputes related to the real estate business and pawnshop business has been transferred to a new responsible government’s body known as the Real Estate Business & Pawnshop Regulator (REBPR). The power transfer was undertaken based on the 2020 Prakas related management of real estate business which was announced by REBPR on 26 […]
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Five New Development Masterplans Approved for Bokor National Park
The masterplan and development plans for five small-scale ecotourism investments in Bokor National Park was officially approved at the review meeting on Monday 25 October. The approval of these projects was co-decided by the Ministry of Environment, Kampot Provincial Administration, Department of Environment, Department of Land Management, Urban Planning, Construction, and Cadastral Office of Kampot […]
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PropertyGuru Asia Real Estate Summit Announces its ‘Data Revolution’ & Speaker Line-Up for 2021 Virtual Edition
Global experts will deliver insights and practical studies on PropTech, smart cities, and sustainable development • Now marking its seventh year, the virtual summit will open on 8 December 2021 during ‘PropertyGuru Week’ until 8 January 2022 • This year’s agenda will focus on the importance of data science and innovation in real estate, as […]
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Siem Reap 38-Road Construction 84% Complete, 2% Faster Than Schedule
The 38-road construction in Siem Reap city is now 84% complete, which is about 2% ahead of schedule. The project is expected to be completed by year-end along with the NR6 renovation, a separate project funded by ADB. This is according to a site inspection on 25 October led by Minister of Public Works and […]
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China to Expand Property Tax Trail to Check Speculation
The Chinese government has decided to expand the property tax trail, which is a part of reforms in the sector aimed to promote “rational housing consumption”. China’s top legislature, the National People’s Congress Standing Committee, on Saturday approved the latest plan, according to Xinhua. The announcement comes with President Xi Jinping pushing for more “common […]
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