Indonesia Eyes Construction & Real Estate Investment in Cambodia
Indonesia is looking for opportunities to partner with three Cambodian tycoons to invest in several key sectors in Cambodia, while construction and real estate are among the top priority. The interest was expressed through the Indonesian Ambassador to Cambodia Sudirman Haseng during a meeting with President of WorldBridge Group Oknha Sear Rithy, President of Mong […]
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NR11 Neak Leung-Tbong Khmum Expansion Project Passed Quality Test, Handed Over
After being open for public use for months, NR11 connecting Neak Leung and Tbong Khmum has recently passed the quality test and successfully been handed over to the government, according to an announcement by the Chinese Embassy in Cambodia on 15 July. The NR11 expansion project has a total length of 96.48km, connecting from Neak […]
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Gov’t to Develop Sustainable Eco-tourism Zones in 7 Target Provinces
The Ministry of Environment and the Ministry of Rural Development are working together to develop sustainable eco-tourism zones in seven target provinces. According to an official meeting on Wednesday14 July, those seven provinces include Kampong Speu, Koh Kong, Kampong Chhnang, Pursat, Battambang, Siem Reap and Kampong Thom. Meanwhile, the destinations will include the Aoral Mountain […]
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Cambodia Earns US$1.1-billion Customs Revenue in H1; Construction Materials Contribute 6.2%
During the first half of 2021, the Cambodian government collected a total of US$1.1 billion in customs and excise revenue, of which construction materials contributed 6.2% or equivalent to US$71.7 million. A report from the General Directorate of Customs and Excise showed that the total revenue of Customs and Excise in H1 2021 dropped by […]
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Board of Engineers Cambodia Laboratory Established To Strengthen Construction Sector
The newly-established Board of Engineers Cambodia Laboratory (BECL), which was soft launched recently, will contribute to safeguarding the quality and integrity of Cambodia’s building projects through highly trusted testing and inspection services. The BECL is now ready to roll out a full suite of product providing testing, inspection, certification and evaluation services for the building […]
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Kampong Chhnang Authorities to Strengthen Controls on Divided Land Plot Businesses
Kampong Chhnang Governor HE Sun Sovannarith has urged community-based authorities to collect data and update the numbers of divided land plot development businesses throughout the province, to be able to enforce a better management system. HE Sun Sovannarith gave the order while chairing a meeting with relevant officers to discuss divided land plot development on […]
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Renovation of Public Garden in Front of Defence Ministry Starts
The Phnom Penh Department of Public Works and Transport (DPWT) has kicked off the renovation works on the public garden in front of the Ministry of National Defence. The work is set for completion ahead of the inauguration ceremony of the new Defence Ministry’s cabinet building. Sam Samuth of the Phnom Penh DPWT said on […]
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Cambodia Requests Loan from China to Build Longest River Crossing Bridge
The Cambodian government has a submitted a loan request to China for a loan for the kingdom’s longest river crossing bridge connecting Kampong Chhnang to Kampong Thom province, but thus far has yet to receive any response. This is according to the Phnom Penh Post, quoting Director-General of Public Works HE Heng Rathpiseth. Regarding the […]
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Transport Minister: No More Reckless Construction, MPWT to Launch Road Construction Quality Monitoring App
The Minister of Public Works and Transport HE Sun Chanthol has ordered the relevant officers to strengthen road construction works to ensure quality and longer durability, while also announcing a plan to launch a new road construction quality monitoring application. HE Sun Chanthol gave the order and revealed the application initiative at a meeting to […]
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Over 10 Commercial Real Estate Disputes Resolved Through National Arbitration Centre
From 2013 to June 2021, the National Commercial Arbitration Centre has settled more than 29 disputes in various commercial fields, or equivalent economic value of approximately US$80 million, 57% of which were from the construction and property sectors. National Commercial Arbitration Centre President Bun Youdy said that out-of-court cases solved include sectors such as construction, […]
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Morodok Techo Stadium Ranks Third in Spectator Capacity in ASEAN
The Morodok Techo National Sport Complex will have the capacity to host over 75,000 spectators, ranking third in term of spectator capacity among ASEAN countries. Bukit Jalil National Stadium in Malaysia tops the rankings with a capacity of 87,411 spectators, followed by Gelora Bung Karno in Indonesia at 77,193 spectators. The fourth and fifth go […]
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LABS Group to Auction World’s First NFT Resort in Indonesia, Name Cambodia as Next Target
By LABS Group/ACCESSWIRE LABS Group, an end-to-end blockchain property investment platform, will begin its auction of the world’s first-ever community-owned resort and Rewarding Timeshare (RTS) non-fungible token on 15 July 2021. The Kunang Kunang Glamping is a brand new resort located in Banyuwangi, Indonesia and is developed and operated by LABS Group partnered with Gravity […]
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