Land Ministry Speeding Up Work on Land Usage Masterplan in Sihanoukville
The Ministry of Land Management, Urban Planning, and Construction (MLMUPC) recently chaired a meeting to review and speed up the progress of land usage planning in Sihanoukville with the aim of boosting the province’s potential.. Held on 27 April via zoom, the meeting focused on the two major areas, including the Sihanoukville download (vision to […]
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Hong Lai Huat, CMEC to Co-Build 200-MW Solar Power Plant in Kampong Speu
Real estate developer Hong Lai Huat Group Ltd and China Machinery Engineering Corp (CMEC) have teamed up to invest in building a 200-MW solar power plant at the Aoral Eco-City in Kampong Speu province. Both firms have already signed a non-binding MoU to create a special purpose vehicle (SPV) and collaborate for at least 20 […]
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Authorities Close More Factories, Markets, Business Centres in Sihanoukville
Sihanoukville Provincial Administration has decided to temporarily suspend the operation of three major businesses in Sihanoukville for 14 days after finding more positive cases of COVID-19. According to the official announcement issued on 26 April, the three businesses include; Dara Samnang Business Center located in Village 3, Sangkat 1; New Star shoe factory in Village […]
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All State & Unregulated Markets Closed for 14 Days
Due to the continuous spike in COVID-19 cases, the Phnom Penh Municipality issued an order on April 23 to close all state and unregulated markets in Phnom Penh for 14 days, from 24 April to 7 May. According to the announcement, state markets and unregulated markets refer to early-morning markets, community markets, markets in land […]
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Understanding Six Types of Property Ownerships in Cambodia
For most people, property ownership might only refer to public or state ownership. However, according to the Land Law and the Civil Code, ownership of immovable property is divided into six categories. 1) Private Ownership This type is the most common that all legal immovable property owners possess. It shows that the property is privately […]
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US$61m five-star hotel & casino in Sihanoukville to open in Q1 2022
Malaysian-based WA Hospitality has announced that it will open the US$61-million Won Majestic Casino Hotel & Resort in Sihanoukville in Q1 2022, reported TTG Asia. Located in front of the Sokha Hotel in Sangkat 4, this 5-star hotel will have a total of 373 rooms featuring luxury suites and studio rooms, a swimming pool, gym, […]
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Will Conflict Between China and Australia Over BRI Contract Affect Cambodia?
Photo credit to Wccftech On 21 April, the Australian government announced it would revoke contracts signed by the state of Victoria with China over the Belt and Road Initiative in 2018 and 2019, stating that they were out of line with Australia’s foreign policy and their action is to prevent Australia from hosting a giant […]
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Tbong Khmum Authorities to Turn X-16 Vietnam Border into New Historical Tourist Site
Tbong Khmum provincial authorities are speeding up the construction of a new historical monument, aimed at transforming the Cambodia-Vietnam border X-16 into a historical tourist site before June this year. The site inspection was conducted on Thursday 22 April by the Royal Cambodian Armed Forces Deputy Commander-in-chief Sao Sokha and Tbong Khmum Provincial Governor Cheam […]
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Land Price Index by District in Phnom Penh
Research by Z1 Data Co., LTD (Cambodia) has shown that the outlying districts of Phnom Penh are attracting more and more investment projects in sectors including residential, commercial, and industrial. This momentum is also seeing positive trends in the land price index in those areas as a result The report has summarized land prices in […]
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New Medical Laboratory Building in Sihanoukville Officially Handed Over
A new Chinese-funded medical laboratory building in the Sihanoukville Provincial Referral Hospital has been completed and officially handed over to the Cambodian government. The handover ceremony took place via online conference earlier this week with the participation of the Chinese Ambassador to Cambodia HE Wang Wentian, Minister of Health HE Mam Bunheng and Sihanoukville Governor […]
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Supply of Landed Property and Condo by Districts in Phnom Penh
By the end of 2020, the number of landed properties in Phnom Penh had increased to over 186,000 units while the number of condominiums had skyrocketed to over 109,000 units, according to research data from Z1 Data Co., LTD (Cambodia). The same data also shows that comparing 2018 to the end of 2020, the number […]
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Mondulkiri Authorities Speed Up Work on Border Infrastructure Enhancement
Mondulkiri Governor HE Svay Sam Eang inspected the construction sites of two border infrastructure rehabilitation projects on Wednesday 21 April to ensure that the work progress is on track and can be completed as scheduled by the end of 2021. The first project is the construction of the O’Plai concrete bridge, which is 45 metres […]
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