Government to Rehabilitate Sre Ambel-koh Kong Road
Photo: MPWT’s facebook In a bid to improve citizens’ access to and use of transport infrastructure, the Cambodian government plans to spend more than US$70 million to renovate National Road 48 linking Sre Ambel to Koh Kong Province, according to H.E Sun Chanthol, Senior Minister and Minister of Public Works and Transport (MPWT). Speaking to […]
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Korea Studies Mekong River Bridge Construction
Korea has expressed interested in the construction project for the bridge connecting Chroy Changvar to Svay Chrum in Lavea Em District, Kandal Province, according to H.E Vasim Sorya,
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Government Decentralises Issuance of Small-scale Construction Permits
In response to the increasing demand for housing construction, Deputy Prime Minister and Minister of Interior Samdech Kralahom Sar Kheng has issued a law by decentralising the authority to issue permits
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Keller-Williams market entry to increase licensing requirements, raise tax revenues
To help ensure the sustainability and progress of the real estate sector, local firm Khmer Real Estate Co., Ltd. has acquired the right to franchise the world’s largest real estate business, Keller Williams. This commitment was made by Dr Kim Heang, CEO of Khmer Real Estate who told Fresh News that, “all land agents in […]
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Construction of High-rise Building Morgan Tower Kick-off
Photo by Skycrapercity Construction of Morgan Tower, a high-rise building located in the heart of the Diamond Island, Phnom Penh, began on Saturday 18 August, 2018. Backed by Chinese firm Morgan, the project is expected to cost US$160 million and feature a five-star hotel, offices, and other facilities. The tower will stand at 46 storeys […]
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MLMUPC Minister Orders Shutdown on Recognition of Unregistered Property Transfers
Minister of the Ministry of Land Management Urban Planning and Construction (MLMUPC) H.E Chea Sophara has ordered the respective authorities to stop checking and certifying property
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Bentley Systems Announces Finalists
Bentley Systems, a leading global provider of comprehensive software solutions for advancing infrastructure, has announced the finalists in the Year in Infrastructure 2018 Awards program. The annual awards program honours the extraordinary work of Bentley users advancing infrastructure design, construction, and operations throughout the world. Twelve independent jury panels of distinguished industry experts selected the […]
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PM Hun Sen Urges an Increase in Stamp Duty
In a visit to garment workers on Wednesday 15 August, Prime Minister Samdech Techo Hun Sen urged the Ministry of Economy and Finance (MEF) to revise the country’s ‘stamp duty’, or property transfer tax, saying the current tax is too low.
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Chinese Firm Eyes High-speed Rail Project in Cambodia
Sample photo by Wikimedia Commons Construction firm China Railway Group Limited has disclosed its plan to invest in a high-speed rail line in Cambodia as a result of a meeting held on August 13, 2018, according to Kampuchea Thmey Daily. According to the same source, the investment plan was revealed during a meeting between Neak […]
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Royal Group, Leading Singapore Firm Join for Mixed-use Development
Singapore property developer Hong Lai Huat signed a memorandum of understanding (MOU) with Cambodia’s largest conglomerate The Royal Group on 13 August to jointly develop a mixed-use development in Phnom Penh,
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Construction Sector Attracts Most FDI in Cambodia
The construction sector is one of the four main pillars of Cambodia’s economy and the sector has been responsible for attracting the most Foreign Direct Investment (FDI) to the nation and is expected
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Cambodia’s First Productive Oil Field Project to Begin Production by Late 2019
The first drop of oil to be extracted from Cambodia’s offshore oil field territory is scheduled as planned for late 2019. The news follows the latest update from KrisEnergy that it has now closed invitations
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