CBRE: Land prices remain stable in Q2 2020, despite fewer transactions
Land prices across all districts in Phnom Penh in Q2 of 2020 remain robust despite fewer transactions in the market partly due to the COVID-19 pandemic, according to the CBRE Cambodia report published on 07 July. Speaking at the webinar presenting the report, Senior Director of CBRE Cambodia James Hodge said that the fact that […]
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Huawei to Expand Smart PV Tech Market in Cambodia
Huawei has signed a partnership with ASEAN’s largest cable technology company to expand the supply of its smart, or new FusionSolar power, in six countries including Cambodia, Indonesia, Laos, Myanmar, the Philippines and Thailand, according to PV magazine on 07 July 2020. The partnership between Huawei and JJ-LAPP, the largest cable technology company in ASEAN, […]
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Two Pedestrian Bridges to be Built on NR 3
The government is planning to construct two pedestrian bridges on National Road 3, one in Takeo province and another in Kampong Speu, to help ease traffic and avoid accidents at the busy market areas, according to an AKP report on 07 July. At a meeting to review the road safety results of H1 and the […]
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Cambodia’s construction investment reached US$4 billion in H1 2020, a 13% increase
Despite the global crisis of Covid-19, Cambodia’s construction investment value in the first half of 2020 has reached nearly US$4 billion, indicating a 13% increase compared to the same period in 2019, according to the data of the Ministry of Land Management, Urban Planning and Construction dated 02 July 2020. According to the same source, […]
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Government Discussing Draft Law on Wastewater and Drainage
The Ministry of Public Works and Transport (MPWT) has held a follow-up meeting and reviewed the decision on the Wastewater and Drainage Draft Law to improve sewage management and wastewater treatment system in Cambodia, according to the official Facebook page of the Ministry of Public Works and Transport. The meeting agreed and decided to amend […]
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Over 290 Hectares of Beoung Ta Mok Land to be Transformed into Military Headquarters
The Cambodian government has allocated more than 290 hectares (2,985,472 square metres) of land on Beoung Ta Mok (or Beoung Khob Srov) to the Ministry of National Defense for its new armed forces headquarters, according to sub-decree dated on 22 June 2020. The sub-decree stated that the Ministry of National Defense is required to study […]
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Government to Strengthen Mineral Resource Management for State Projects
The government is strengthening royalty collections and management of mineral resources used for state infrastructure projects, according to a new inter-ministerial Prakas on 01 July. Signed by HE Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, and HE Suy Sem, Minister of Mines and Energy, the enforcement of this Prakas covers the […]
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Chip Mong land launches five new luxury villas in the Grand Phnom Penh
Chip Mong Land is launching five new luxury villa types in the Grand Phnom Penh project from July 3 – 5, 2020, with up to 8% discount in three days. New types of villas include King’s Villa, Queen II, Queen B II, twin villa II, and hybrid villas A SII, which are all considered the […]
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Positive Signs of Recovery: Casinos, Clubs, KTVs Allowed to Reopen, Schools to Follow
The Cambodian government has recently allowed some businesses such as casinos, nightclubs, and KTVs to reopen and also plans to open schools very soon. This reflects the positive signs that the COVID-19 situation in Cambodia is improving, and the economy is slowly recovering. According to the result of the cabinet meeting on 03 July, all […]
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Government Approves Final Master Plan of the New Phnom Penh International Airport
The Secretariat of Civil Aviation yesterday signed the final master plan of a new US$ 1.5 billion Phnom Penh International Airport on 03 July 2020, according to the official Facebook of the Secretariat of Civil Aviation. The final master plan was signed between the Minister of the Secretariat of Civil Aviation HE Mao Havannal, and […]
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Cambodia Urges Laos to Review Luang Prabang Dam Projects Over Environmental Concerns
During the Special Session of the MRC Joint Committee on 30 June 2020, Cambodia, Vietnam and Thailand requested Lao PDR to review their Luang Prabang hydropower project on Mekong River stream due to socio-economic, livelihood and environmental concerns. According to the official press release, Cambodia urged Lao PDR via an official communique to review the […]
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PM Hun Sen Orders to Gift Protected State Land to Long-term Occupants
Prime Minister Hun Sen has ordered responsible ministries to provide land plot ownerships for any citizens living in a wildlife reserve and protected areas for more than 10 years. According to the PM’s official Facebook page on 03 July, the decision was made during the cabinet meeting of the same day. “The Ministry of Environment, […]
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