Japan Tops Asia’s Real Estate Transparency Rankings with Focus on Sustainability
Japan has been ranked as the most transparent real estate market in Asia, securing the 11th position globally in terms of sustainability and operational clarity, according to a report by Jones Lang LaSalle (JLL) published on 5 September 2024. This evaluation considers factors such as access to real estate market data, transparency of processes, and […]
Read MoreCambodia to Host Architecture Festival, Showcasing the Nation’s Contemporary Urban Evolution
The Ministry of Land Management, Urban Planning, and Construction is set to organise the Cambodian Architecture Festival, aiming to highlight the nation’s transformation and contemporary urban development. Announced by His Excellency Deputy Prime Minister Say Sam Al, Minister of Land Management, Urban Planning, and Construction, during a meeting on 4 September 2024, the festival is […]
Read MoreTwo Key Cambodian Projects Funded by Japan Win International Awards in Japan
Two major infrastructure projects in Cambodia, funded by Japan, have been awarded at the prestigious 7th International Construction Awards in Japan. The Cambodia-Japan Friendship Bridge Rehabilitation Project and a cutting-edge DX technology infrastructure project were among the recipients of these international accolades. The awards were presented at a ceremony chaired by HE Saito Tetsuo, Japan’s […]
Read MoreCambodian Gov’t Breaks Ground on 3-Hectare Nursery in Tbong Khmum, Aiming to Plant 1 Million Trees Annually
The Ministry of Environment has launched the construction of a 3-hectare regional nursery in Tbong Khmum province, to produce over 1 million trees annually. Situated in Village 44, Preah Theat commune, Orang Ov district, the nursery will be powered by a solar irrigation system, supported by partnerships with the United Nations Development Program (UNDP) and […]
Read MoreCambodia to Plant 30k Palm Trees Along Vietnam Border, Following Nearly 20k Already Planted
The Ministry of Environment is set to plant an additional 30,000 palm seedlings along the Cambodia-Vietnam border after successfully planting nearly 20,000 trees. This strategic initiative aims to bolster Cambodia’s national identity while delivering economic and environmental benefits. Minister of Environment, HE Dr Eang Sophalleth, confirmed that the trees would be distributed to local authorities […]
Read MoreThree Key Rural Roads Near Completion in Kampong Cham & Tbong Khmum
Three rural roads spanning over 40 kilometres in Kampong Cham and Tbong Khmum provinces are nearing full completion, with construction progress close to 100% as of 4 September 2024. The Ministry of Rural Development has overseen this crucial infrastructure project, which aims to enhance regional connectivity and promote agricultural trade. The first road, measuring 17.55km, […]
Read MoreTecho International Airport to Undergo Five Days Final Flight Inspections Ahead of 2025 Launch
Techo International Airport, Cambodia’s largest and only 4F-class airport, will conduct a five-day flight inspection from 8 to 12 September 2024, as it gears up for its scheduled opening in the first half of next year. HE Sin Chanserivutha, Under-Secretary of State and Spokesman for the State Secretariat of Civil Aviation, confirmed that this critical […]
Read MoreSiem Reap-Angkor International Airport Received 900k Passengers, Expected to Hit 1.5 Million by Year-End
After nearly a year of operation, the Siem Reap-Angkor International Airport has welcomed approximately 900,000 passengers, with projections to reach 1.3 million by October and 1.5 million by the end of 2024. This milestone was announced during a working session between the Chairman of Angkor International Airport Investment (Cambodia) Co., Ltd. (AIAI), Lu Wei, and […]
Read MoreCambodia Secures USD 2m in Special Funds from Mekong-Lanchang Cooperation for 2024 Development Projects
Cambodia has been granted a USD 2 million special fund from the 2024 Mekong-Lanchang Cooperation (MLC) to support the development of eight strategic projects, according to a press release issued by the Ministry of Foreign Affairs and International Cooperation on 3 September 2024. These projects span critical sectors such as tourism, demining, agriculture, rural development, […]
Read MoreKratie Celebrates the Official Opening of its First USD 140 Million Tyre Factory
Cambodia’s first-ever tyre factory, Newbustar (Cambodia) Tire Co., Ltd., with an investment of USD 140 million, officially opened its doors in the UBE Snuol Special Economic Zone, Kratie province, as per the Cambodia Development Advisor’s press release on 6 September 2024. The factory, spanning a 40-hectare site, began operations in May 2023, marking a major […]
Read MoreCambodia Earns Over USD 31m from Angkor, Koh Ker, and Boat Rides in 8 Months
In the first eight months of 2024, Cambodia generated an impressive USD 31,049,140 from ticket sales to the Angkor Archaeological Park, Koh Ker, and boat rides, according to a report from the Angkor Institute released on 1 September 2024. During this period, 651,857 foreign tourists visited Angkor, contributing USD 30,334,229 to the total revenue, marking […]
Read MoreStung Toch Drainage Rehabilitation Project in Kampong Speu Reaches 89% Completion
The rehabilitation of the Stung Toch drainage system in Kampong Speu province has achieved approximately 89% completion, as reported by the Ministry of Water Resources and Meteorology (MoWRM) on 1 September 2024. This significant project includes rehabilitating a 51-kilometre-long small river, with a mouth width of 100 metres and a 40-metre-high dam. The river stretches […]
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