Insurance Gaining in Importance in Cambodia’s Construction Sector
With the rapidly increasing construction activities across the country, the insurance market is gaining in importance and relevance. On 01 November, 2018, EuroCham hosted a breakfast talk on ‘Construction Insurance Policies in Cambodia’ that provided detailed information on the importance of having insurance for construction projects.
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Ministry of Labour: Report on Brick Slavery is Not True
The recent report on modern slavery in Cambodia published by Royal Holloway University is not true, according to the Ministry of Labour and Vocational Training (MLVT).
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More Construction Expected in Kep and Kampot
Kep and Kampot Provinces are expected to see more construction coming in the short term, according to the Ministry of Public Works and Transport (MPWT). On 30 October, 2018, H.E Sun Chanthol Senior Minister and Minister of MPWT said during the dissemination seminar on the ‘Logistics Master Plan Study Report’ that the ministry is currently working on the master plan for major cities in Cambodia, especially Kep and Kampot Provinces.
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Mega Wedding Reception Hall Officially Opened
Buildings of the mega wedding reception hall as well as exhibitions have officially inaugurated. On 01 November, 2018, the building called “The Premier Centre Sen Sok” was officially opened while numbers hall reservation for wedding ceremony is high.
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China’s High-speed Train Takes Bentley 2018 ‘special Recognition Awards’
China’s ‘Beijing-Zhangjiakou High-speed Railway’ has been announced as winners of the ‘Year in Infrastructure 2018 Awards’ for its outstanding project design. Designed and constructed by China Railway Engineering Consulting Group Co., Ltd, the project was presented the award for the ‘Advancing Collaborative Digital Workflows in Rail and Transit’ project which has been integrated with products by Bentley Systems, the leading global provider of comprehensive software solutions for advancing the design, construction, and operations of infrastructure.
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Property Sector Contributed Millions of Dollars to Cambodia in 2018
The robust performance of the property sector has generated millions of dollars to Cambodia in 2018, according to the General Department of Taxation (GDT).
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Construction on Us$80 Million Medical Facility Starts
Ground has officially been broken on an US$80 million modern medical facility at Preah Kossomak Hospital. On 30 October, 2018, construction on “New Building of the Cambodia-China Friendship Preah Kossamak Hospital” project official started.
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Sihanoukville’s Wastewater Treatment Station Capacity to Be Expanded
The Cambodian government plans to expand the capacity of Sihanoukville's wastewater treatment station by three times, according to a Facebook post by the Ministry of Public Works and Transport (MPWT) over the weekend. “The Sihanoukville wastewater treatment station capacity is to be expanded by three times in order to facilitate environmental cleanup and better living for this tourism city”, it said.
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Bidding Results of Japan-funded Multi-million Projects to Be Announced
Results of the bidding process for the multi-million dollar Japanese-funded projects will be announced very soon, according to the Phnom Penh Municipality. On 27 October, 2018, Phnom Penh Municipality spokesman Mr Met Meas Pheakdey told Construction&Property Magazine that the results of the bidding for the ‘flood prevention and the rehabilitation of pipe system’ projects will be announced shortly after the delegates return to the country from Japan.
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EuroCham: Dialogue and engagement better than penalty
Having more dialogue and engagement is better than having a policy of penalty, according to the European Chamber of Commerce in Cambodia (EuroCham). On 25 October, 2018, Mr Arnaud Darc, Chairman of EuroCham said in the annual ‘Tax Forum’ that one way to promote the culture of compliance in Cambodia is a need for more […]
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Thai Property Too Expensive According to New Survey
Thailand’s houses are too expensive and consumers are not satisfied with the market according to a recent survey conducted by a leading Thai property portal property.
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GDT to Apply New Land Price Rates Across the Country
The General Department of Taxation will apply new land price rates across Cambodia shortly, according to H.E Kong Vibol, Delegate of the Royal Government in charge as Director General of the General Department of Taxation.
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