Hong Kong firm to build satellite city in Kampong Speu
A Hong Kong investment company has announced plans to set up a new satellite city in Kampong Speu province but has yet to reveal the exact location to prevent rises in land prices. Kampong Speu Governor H.E Vy Samnang said at a press conference on “Progress and Continuation of the Administration of Kampong Speu Province” […]
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Hotel CEOs’ recovery strategies for the hospitality industry
The hospitality industry is undoubtedly one of the hardest-hit sectors from the unprecedented COVID-19 pandemic. For the first four months of 2020, foreign tourists to Cambodia dropped by more than 70%. Nearly 3,000 tourism-related businesses have been closed; over 1,000 hotels, guesthouses and restaurants have been shut down, resulting in thousands of people losing their […]
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H1 2020 sees Construction Material Imports Drop 14%, Associated Tariff Revenue Decline 28%
In the first half of 2020, construction material imports fell by 14%, while the associated tariff revenue also decreased by about 28%, indicating a stagnation of growth in the construction sector. According to the National Bank of Cambodia’s biannual report, construction sector growth has slowed due to the decrease in demand, the completion of some […]
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Three Major Projects to Transform Sihanoukville’s 161-hectare Boeung Kang Kep into a Smart Area
The government is studying the feasibility of three major projects, including the Sihanoukville International Airport, the Neak Reach tourist site, and the Boeung Kang Kep development project, to transform the 161-hectare Boeung Kang Kep area in Sihanoukville into a smart area. H.E Pen Sophal, Secretary of State of the Ministry of Land Management, Urban Planning […]
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World Bank Approves US$100 million to Support Cambodia’s Road Improvement
The World Bank approved a US$100 million credit line on 17 July to support road infrastructure construction projects in Cambodia, targeting the local communities and the rural road system. The project entitled ‘Cambodia Road Connectivity Improvement Project’ aims to enhance rural communities’ access to critical services such as health centres, referral hospitals, schools and markets, […]
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Construction almost complete on 34 roads in Sihanoukville
After eight months of construction, the 34-road project in Sihanoukville is almost 100% complete, according to a National Committee for Coastal Management and Development of Cambodia press release dated 17 July 2020. The major parts of the project have almost finished, including the concrete road (99.92%), the drainage installation (100%), granite paving (59.99%), granite floor […]
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Government Establishing Inter-Ministerial Committee to Accelerate Phnom Penh-Bavet Expressway
Cambodian Prime Minister Samdech Hun Sen has signed an official decision establishing an inter-ministerial committee to accelerate the implementation of the Phnom Penh-Bavet expressway. According to Decision No. 75 SSR dated on 16 July, the Phnom Penh-Bavet Expressway project has already been studied and proposed by the China Railway International Group Co., Ltd, in the […]
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CCA 2020 Construction Exhibition still to be confirmed
The annual biggest construction exhibition in Cambodia organized by the Cambodian Constructors Association (CCA) is yet to confirm whether it will be proceeded as scheduled or be delayed due to the social distancing measures caused by COVID-19. CCA Secretariat General Manager Mr Chhiv Sivpheng told Construction and Property Magazine that the association is waiting to […]
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The government seizes over 2,000 hectares of illegally-owned land in Mondulkiri
Mondulkiri Provincial Governor H.E Svay Sam Eang said on 16 July that the Provincial Administration has thus far revoked ownership titles and seized back over 2,000 hectares of illegally-occupied land, emphasising that the law is applied equally regardless of social ranking. “Illegal is illegal, legal is legal. The law is applied equally, whether you are […]
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Governor: 600ha of Land for Mondulkiri Airport Ready, Waiting for Investment
The Mondulkiri provincial administration has already finalized the impact assessment and demarcated the land border for the Mondulkiri airport project, and is currently awaiting news on the investment from the State Secretariat of Civil Aviation (SSCA). During a press conference held on 16 July, Mondulkiri Provincial Governor H.E Svay Sam Eang said that the provincial […]
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Koh Kong Provincial Hall: Unauthorised Land Transactions to be Voided
All land buying and selling transactions without the inspection and approval from the relevant authorities, particularly the land located in protected areas, community, and forest areas in Koh Kong province, are considered illegal and will be voided, according to an announcement by the Koh Kong Provincial Administration on 14 July 2020. The statement is squarely […]
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CCA joins IFAWPCA video conferencing call
The Cambodia Constructors Association (CCA) joined a video conferencing call of the International Federation of Asian and Western Pacific Contractors’ Associations (IFAWPCA) in late June to update Cambodia’s construction sector status quo and exchange ideas for resilient strategies. The meeting allows members to exchange experiences related to the construction industry with the other members of […]
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