Pros and Cons of Buying a Foreclosed Property
Most investors are reluctant to buy foreclosed property as they do not want to deal with complicated court procedures despite the low price. However, buying a foreclosed property is not always complicated if you know how to analyze the property and follow the procedure well. A foreclosed property is a property that the original owner […]
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39MW Solar Power Plant in Banteay Meanchey Connected to National Grid
A 39-megawatt solar power plant in Banteay Meanchey province was recently connected to the national grid, according to PR Newswire on 10 March. The project was constructed by Chinese company Shanxi Electric Power Engineering, with JR Solar as the supplier of all solar modules. According to the same source, the plant is the largest renewable […]
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Ten Hectares of Land in Kampong Speu to be Cremation Site for COVID-19 Fatalities
An area of about 10 hectares in Aoral district, Kampong Speu province will be used as a crematorium for the COVID-19 fatalities, according to Phnom Penh Municipality spokesperson Met Meas Pheakdey. Mr Pheakdey told Fresh News on 12 March that the local location in Aoral district is safe and can serve as a cremation site […]
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Strong Fiscal Support, New Trade Opportunities, Growth in FDI are Key Drivers for Cambodia’s Post-Pandemic Recovery
A special report by DHL researchers has expressed optimism that Cambodia will recover quickly from the pandemic crisis due to three main factors including ongoing fiscal support, new trade opportunities, and expected growth in FDI inflows. Published in the Business Times in early March, the report stated that the first driver of growth for Cambodia […]
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CCA Chairman Donates US$3 million to Fight Against COVID-19 Pandemic
Neak Oknha Pung Kheav Se, Chairman of the Cambodia Constructors Association (CCA), the Board of Canadia Group and OCIC, has donated another US$3 million to the Cambodian government to fight against the recent surge in local COVID-19 transmission. This is not the first time that the Neak Oknha Pung Kheav Se has contributed to the […]
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Cambodia, Laos, Vietnam Agree To Accelerate Three Major Cross-Border Infrastructure Projects
The prime ministers of Cambodia, Laos, and Vietnam have agreed to gather more resources from development partners to accelerate three major cross-border infrastructure development projects including the Phnom Penh-Ho Chi Minh railway, Hanoi- Vientiane expressway, and Vientiane–Vũng Áng railway. According to the virtual meeting between the three prime ministers on 10 March, the three nations […]
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Cambodia Should Simplify Institutional Red Tape for Effective Post-Pandemic Recovery, Says Analyst
To ensure a robust recovery from the COVID-19 crisis, Cambodia may need some institutional reforms. and reducing investment red tape should be the first step according to an international analyst. Strong political and social stability have been the selling points attracting more investment to Cambodia in the last two decades. However, fixing the complexity and […]
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Two More Phnom Penh Hotels Used as COVID-19 Hospitals
Cambodia Prime Minister Samdech Hun Sen announced on 10 March that two more hotels in Phnom Penh with a capacity of 200 rooms will be set up as hospitals for COVID-19 treatment. PM Hun Sen also decided to establish 30 groups, or equal to 300, military doctors to be responsible for these two new ad […]
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US$4 billion Naga 3 Progressing, Set for Completion in 2025 Despite COVID-19 Crisis
Construction of the US$4 billion Naga 3 complex is progressing smoothly and is scheduled for completion in 2025 despite the COVD-19 crisis, according to NagaCorp’s report on 08 March. To date, construction is at the piling stage and being carried out by the Malaysian company Econpile. This firm has been engaged by Chinese firm MCCI […]
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Gov’t to Allocate 600 Hectares of Botum Sakor National Park Land to Locals Affected by Private Development
The government has decided to provide 598 hectares of land in Botum Sakor National Park to 131 families affected by the Sinomaxin development project, according to the Koh Kong administration’s meeting result on 09 March. Koh Kong Deputy Governor Sok Sothy said that the land was former concessional land provided to the Sinomaxin company. However, […]
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MPWT Speeding Up Eight National Road Renovation and Maintenance Projects
The Ministry of Public Works and Transport (MPWT) is repairing and maintaining eight major national and provincial roads in Ratanakiri and Tbong Khmum provinces to ease inter-provincial travel and cargo transportation. According to the Ratanakkiri and Tbong Khmum Provincial Departments of Public Works and Transport on 06 March, the eight roads include National Roads 7, […]
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How To Resolve Land Disputes
Most people probably think that every time there is a land dispute, they must go to trial. However, a trial is the final procedure after many settlement mechanisms being undertaken. What are those mechanisms and how should they be implemented? There are two kinds of land disputes in Cambodia, according to a joint Prakas dated […]
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