New US$21 million Ford Motor Cambodia Assembly Plant Set for Pursat Province
A new US$21 million Ford Motor Cambodia assembly plant is set to open in Pursat province soon, as the relevant government bodies and the investment firm have already reached an agreement. The plan to establish this giant plant was revealed during a meeting held on Tuesday 14 September between the Pursat governor, the Inter-Ministerial Committee, […]
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Cambodia Asks WB for Larger-Scale Financial Assistance in Infrastructure Development
The Minister of Economy and Finance (MEF) has requested the World Bank to consider providing larger-scale financial assistance, known as advanced concessional loans, for Cambodia, in particular for nationwide infrastructure investment projects. The remark was made by MEF Minister HE Aun Pornmoniroth in the virtual farewell meeting with the outgoing Vice President for East Asia […]
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Legal Documents You Need to Know Before Buying Homes in a Borey
Partnered Article Landed property, or known in Cambodia as a ‘borey’ in Khmer, refers to a gated community comprising various housing types including villas, shophouses, link houses and flat houses. This type of property is the most popular in Cambodia, thanks to its large space and relatively lower price compared to condominiums. However, as buyers, […]
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EuroCham to Host Virtual Conference Addressing Necessity of Standards in Real Estate Sector
The European Chamber of Commerce in Cambodia (EuroCham) will host a virtual conference addressing “The Importance of Standards in the Real Estate Industry – A Case for Following RICS Standards” on Thursday 16 September. The webinar session will gather leading real estate & construction experts and professionals to share knowledge and the most up-to-date know-how […]
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China Plays Key Role in Infrastructure Development in Cambodia, says PM Hun Sen
China has played a key role in infrastructure development projects in Cambodia, according to Cambodian Prime Minister Samdech Hun Sen. Speaking at the Morodok Techo National Stadium handover ceremony on Sunday, Samdech Hun Sen said to date China is the top financing source for Cambodia’s infrastructure development. “Some would say we lean too much toward […]
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PM Hun Sen to Use Trophy Cash to Build Decent Houses for Veterans
Cambodia Prime Minister Hun Sen will use the US$1 milllion trophy cash from the World Summit of Peace to build decent houses for veterans. The remarks were made after PM Hun Sen won a medal in the “7th World Rally of Hope: Think-Tank 2022” held on 12 September via videoconference on the theme of “Peace […]
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China Hands Over US$150m Stadium to Cambodia & Signs Six New Cooperation Agreements
China has officially handed over the US$150 million Morodok Techo Stadium to Cambodia and signed six new agreements providing Cambodia with over US$270 million more in financial assistance. The two ceremonies were presided over by Cambodia Prime Minister Samdech Hun Sen and State Councilor and Foreign Minister of China Wang Yi on Sunday 12 September. […]
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GDT to Conduct On-Site Inspection of Tax Documents & Real Estate Registration Accuracy in Kandal
From 13 September onward, the General Department of Taxation (GDT) will begin to inspect tax documents and registration accuracy of all real estate in Takhmao City in Kandal Province. According to the announcement dated 9 September 2021, the on-site inspection is to collect statistics, take photos, and gather all related information of the actual real […]
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Big C Plans Hundreds More Stores Expansion in Cambodia Over Next Five Years
Big C Thailand plans to open hundreds more stores in Phnom Penh, Battambang, Siem Reap, among other important cities in Cambodia in the next five years, after the firm just officially opened the Mini Big C in Phnom Penh. Gary Hardy, Chief Operating Officer, said Big C aims to become the No.1 retailer in Cambodia […]
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Why is OpenBuildings Designer the Perfect BIM Software to Create a Whole Project from Scratch?
What is OpenBuildings Designer? OpenBuildings Designer—formerly AECOsim Buildings Designer—is an interdisciplinary BIM software that includes tools for architectural, structural, ventilation, plumbing, and electrical design. It is the evolution of the Bentley BIM offering and replaces older applications: Bentley Architecture, Bentley Structural Modeler, Bentley Building Mechanical Systems, and Bentley Building Electrical Systems. Who can benefit from […]
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Renaissance Minerals receives gold mining exploration license in Thbong Khmom
The Ministry of Mines and Energy has given license to Renaissance Minerals (Cambodia) to explore for gold in Choam Tamao commune, Memot district of Tbong Khmum province after the firm recently announced Cambodia’s first commercial gold mining industry in Mondulkiri province in June. The matter was discussed in detail between Tbong Khmum Governor HE Cheam […]
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Thailand’s Tesco Lotus Supermarket Mulls Entering Cambodia Market
Thailand’s Tesco Lotus has expressed interest in opening its first store in Cambodia, while the company is currently looking for a plot of land in Phnom Penh to build the mall, according to the Cambodian Business Council in Thailand. The plan to enter Cambodia is after seeing the success of other Thai retails in Cambodia, […]
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