Gov’t Revokes Siem Reap’s Chong Kneas Tourism Port Investment Project Over Tax Dispute
The government has decided to cancel and revoke Siem Reap’s Chong Kneas tourism port investment project by Su Jing Investment Company for tax and regulation violations. According to a letter from the Office of the Council of Ministers to the Ministry of Economy and Finance released published on 29 July, the port is located in […]
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Land Prices in Southern PP Forecasted to Keep Rising; currently US$100- 2,000 per sqm
CBRE Cambodia has predicted that land prices in the southern part of Phnom Penh will continue to rise as prices can currently vary from US$100 to over US$2,000 per sqm. The international property agency added that land values in the area have begun to pick up pace since 2011 after the government announced the construction […]
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Chom Chao Overpass & Underpass Construction 75% complete
Construction of the US$22-million overpass and underpass in the Chom Chao area is 75% completed, as of early August. Saing Piseth, Director of Public Works and Transport Department of Phnom Penh said that some parts of the construction have been put into temporary use to ease traffic flow in the area, Raksmey Kampuchea daily reported […]
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Researcher Unveils New Finding Comparing Heat Resistance of Four Types of Roofing Tiles
Advertorial A professor at the Institute of Technology of Cambodia (ITC) and Chairman of the Technology and Energy Research Council Chan Sarin has recently unveiled a new finding comparing the heat-resistant capabilities of four types of roofing products. The four types of products tested include cement tiles, ceramic tiles, PU tile, and zinc tiles This […]
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Southern Phnom Penh a future country’s new economic corridor, says CBRE
CBRE Cambodia has forecasted that the southern districts of Phnom Penh and several neighboring districts of Kandal province will soon become the country’s new economic corridor, encompassing future residential, commercial, and industrial activity. According to its recent report, the Capital’s most southern districts namely Dangkao and Mean Chey, as well as Takhamo City, Kandal Steung […]
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MLMUPC Orders Construction Site Managers to Strengthen Safety Measures
The Ministry of Land Management, Urban Planning and Construction has ordered all construction site owners or managers to strengthen safety measures on their worksites regardless of the size. Even if the construction site is temporarily on hold or operating under a reduced number of workers, managers still have to practice full-scale safety measures to avoid […]
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IMF to Provide Non-Repayable US$240 million Pandemic Recovery Fund to Cambodia
The International Monetary Fund (IMF) has approved a non-repayable US$240 million fund for Cambodia to cope with the impact of COVID-19 and restore its economy, according to a press release from Oxfam. The Board of Governors of the IMF has approved a general allocation of the largest Special Drawing Rights (SDRs) in history equivalent to […]
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Affordable modern housing project TKS Residence launched in Pochentong
A new affordable housing project, TKS Residence, has officially launched, aiming to contribute to the growth of the Pochentong area and to provide modern homes at affordable prices to customers. Located in the Pochentong area only 1.5km from the Russian Blvd, the project is being built on approximately 4 hectares of land with […]
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Construction of New COVID-19 Treatment Facility in Takmao Complete
Construction of the new COVID-19 treatment facilities within the Chey Chunmeas Referal Hospital in Takmao city is now 100% complete, and the venue is set to be operational soon. Health Minister HE Mam Bunheng said during a site inspection on Wednesday 11 August that the complex has two buildings, which were built in April with […]
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MoE Drafts Sub Decree to Establish New Solid Waste Management Body in PP
The Ministry of Environment (MoE) is drafting a sub-decree to establish a new solid waste management body/enterprise in Phnom Penh, according to a zoom meeting on 10 August 2021. This draft sub-decree aims to give more power to government bodies in managing waste more effectively. Under this new sub-decree, Phnom Penh City Hall will have […]
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Gov’t, Chinese firm drafting Mondulkiri airport project framework agreement
The Cambodian government and Chinese firm China Power International Group are speeding up work on drafting a framework agreement for the Mondulkiri airport project, in the hope that construction could begin soon after the framework agreement is complete. According to the State Secretary of Civil Aviation (SSCA)’s spokesman HE Sin Chansereyvuth, the talk has already […]
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Government Dismisses Report of Lower Se San II Project Impacts
The Cambodian government has dismissed the Human Rights Watch’s report on the impacts of the Se San II dam, citing that dam development brings prosperity to people’s living, generates jobs, and generates electricity. The remarks were made after the Human Rights Watch issued the 137-page report noting the social, economic, environmental, and wildlife impacts, and […]
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