Phnom Penh Land Department to Relocate to Sangkat Mittapheap
The Phnom Penh Department of Land Management, Urban Planning, Construction and Cadastral will be relocated to a new location at the former building of the Ministry of Rural Development at the corner of Street 114 and Street 169, Sangkat Mittapheap, Khan 7 Makara. According to the announcement issued on 17 August, the department is currently […]
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Bluebell Group Announces Retail Operations in Cambodia
Bluebell Group, a distributor and operator of high-end brands, has entered the Cambodian market as it is also managing the Peak shopping mall located in the centre of Phnom Penh. At the opening ceremony of operations in Cambodia on Monday, Mr Pierre Balsan, CEO of Bluebell Cambodia, stated that Cambodia is a new frontier of […]
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MEF: Cambodia’s Economic Growth Projected at 4.8% in 2022
The Ministry of Economy and Finance has forecasted the kingdom’s economic growth in 2022 at 4.8% due to the gradual positive recovery signs driven by the effective vaccination campaign. Speaking at the seminar on the macroeconomic policy framework and public finance 2022 on the morning of Tuesday 17 August, Minister of Economy and Finance HE […]
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Two Local Firms Co-Establish Standardised Training Program for 1,000 Real Estate Agents
LSCG Real Estate and Milky-Way Reality Investment Plc have jointly invested US$1 million to establish a standardised training program for 1,000 real estate agents nationwide. The training will be based on a new modern Chinese technology, aiming to equip agents with know-how skills and keep them updated with current trends in the digital world. LSCG […]
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Gov’t Approves Further US$100-million Financial Support Scheme for SME Sector
The Ministry of Economy and Finance (MEF) has approved a financial support scheme for the SME sector Phase II with a budget of US$100 million after the first phase was successfully implemented, according to a press release on Monday 16 August. The project aims to provide low-interest loans to SMEs in prioritised sectors such as […]
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CCA Chairman Urges Khmer Youth to Embrace Technical Skills Amid High Job Demand
Neak Oknha Pung Kheav Se, Chairman of the Cambodia Constructors Association (CCA), the Board of Canadia Group and OCIC, has urged young Cambodians to embrace technical skills more as Cambodia lacks human resources in this sector. Neak Oknha said that for young people who wish to study technical skills, whether construction, engineering, or technology, as […]
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Facebook, Google Join Hands Building Subsea Cable Infrastructure in Asia-Pacific
Two Silicon Valley giants – Google and Facebook – announced their cooperation in building a new subsea cable system by 2024 to improve internet connectivity across the Asia-Pacific region, reported The Straits Times on Monday 16 August. Known as Apricot, this large-scale infrastructure project will link Japan, Singapore, Taiwan, Guam, the Philippines, and Indonesia. It […]
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Construction of National Laboratory Phase II Complete, Officially Handed Over
Construction of the Science, Technology, and Innovation National Laboratory (STINL) building Phase 2 (Building B), located along NR2 in Sangkat Chak Angre Leu has been completed, with the handover ceremony held on 16 March. The handover ceremony was chaired between the Minister of Industry, Science, Technology and Innovation (MISTI) HE Cham Prasidh and the construction […]
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Gov’t Officially Approves Mondulkiri Tourism Development Master Plan
The Cambodian government has officially approved the Mondulkiri Tourism Development Master Plan for 2021-2035, identifying Mondulkiri as an international eco-tourism destination and a crucial supply hub for flowers, vegetables, fruit and meat for both domestic consumption and export. Cambodian Prime Minister Samdech Hun Sen stated in a letter dated 12 August 2021that the Mondulkiri tourism […]
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MPWT Establishes New Laboratory Centre to Strengthen Local Engineering Capability
Minister of Public Works and Transport HE Sun Chanthol this morning broke ground on a new laboratory centre building within the Techo Sen Institute of Public Works and Transport. The project costs US$580,000, co-funded by the South Korean Ministry of Land, Infrastructure and Transport; the Korea Expressway Corporation; and Korea’s Institute of Civil Engineering and […]
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MLMUPC to Reorganise & Issue New Land Usage Policy in SHV
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has set up a technical working group to reorganise land usage and issue a new land-use policy in Sihanoukville. The establishment of this team is part of the government’s master plan to transform Sihanoukville into a multi-purpose economic zone. According to decision letter No. 037 […]
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Gov’t Approves US$20-million SHV’s Third Large-Scale Water Treatment Station
The Cambodian government has officially approved the construction of a third large-scale water treatment station project in Sihanoukville, which is expected to cost approximately US$20 million obtained from the national budget for tourism development. The approval was revealed in the press release of The National Committee for Coastal Management and Development (NCCMD) published on Friday […]
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