Construction Focus
US$4.2 Bln Hanoi Smart City to Begin Work in 2023
Sumitomo Corp, a Japanese trading company, and Vietnamese real estate developer BRG Group are set to commence work on a $4.2-billion smart city in Hanoi, Vietnam, in 2023. According to Shiomi Keigo, Sumitomo’s chairman and CEO, the companies have requested that Hanoi authorities expedite the process of adjusting the 1:500-scale plan to allow for the […]
Read More
Gov’t to Upgrade An Ses to Be New International Checkpoint
The government of Cambodia and Thailand have agreed to upgrade the An Ses border, a vital trade border in the Choam Ksan District of Preah Vihear province, to be an international checkpoint in the near future. This was announced by Preah Vihear governor, HE Kim Rithy, during a press conference on the province’s achievements over […]
Read More
Prey Veng Province Generates US$ 5 Million from Construction Stone Business in 5 Years
The collection of tax revenue from all types of construction stone businesses in the province has amounted to approximately US$ 5 million in the past five years. The revenue was collected from all kinds of sand and stone processing businesses, totaling around US$ 4.57 million from 2018 to 2022, with US$ 2.19 million collected in […]
Read More
Cambodia-Chinese Accelerate Phnom Penh-Poipet Expressway Project
Cambodia and China are working together to accelerate infrastructure development projects in Cambodia, focusing on the Phnom Penh-Poipet Expressway. The Department of Foreign Capital and Foreign Investment in China has expressed strong support for the priority project and plans to establish a technical working group to expedite activities related to the high-speed railway project. This […]
Read More
Preah Vihear Authority warns mining investors to be careful as 22 mining companies are currently operating
The Preah Vihear province currently has 22 licensed mining companies conducting exploration and research in the area, prompting the provincial governor to issue a warning to potential investors to be careful and not fall prey to land brokers’ scams. HE Kim Rithy, the Governor of Preah Vihear Province, confirmed the number of mining companies present […]
Read More
Phnom Penh and Takhmao City facing water shortage, plans to increase production capacity
Phnom Penh and Takhmao City, Kandal Province are currently facing a water shortage of about 250,000 cubic meters per day, with the demand reaching up to 890,000 cubic meters. The Phnom Penh Water Supply Authority has a production capacity of only 640,000 cubic meters per day, leading to a shortage of water supply in some […]
Read More
Building Owners Who Constructed Prior to 2019 Construction Law Must Apply for Occupancy Certificate
The Ministry of Land Management, Urban Planning and Construction has issued a letter on March 22, 2023, requiring all building, factory, or warehouse owners who constructed prior to the enactment of the 2019 Construction Law to obtain a construction use certificate. According to Prakas No. 177 DONS/PRK, dated December 6, 2019, building or factory owners […]
Read More
Prey Veng Province’s Investment in Real Estate and Services Nears US$ 200M Over 5 Years
Prey Veng Province has invested almost 200 million dollars in real estate and other services from 2018 to 2022, according to HE Chea Somethy, Governor of Prey Veng Province, in a statement on March 22, 2023. The governor emphasized that the province had attracted national and international investors in the past five years, significantly increasing […]
Read More
Australian Business Delegation Explores Investment Opportunities in Cambodia
An Australian business delegation recently visited Cambodia to explore investment opportunities in key sectors such as food and beverage, retail, and education. The visit was in collaboration with AUSCHAM CAMBODIA, DCG, and other companies, with a focus on creating valuable partnerships and new investment opportunities by partnering with credible businesses in Cambodia. The delegation includes […]
Read More
Prey Veng Province Boasts 43 National and Provincial Roads, Totaling Over 852km in Length
Prey Veng Province has announced that it has a total of 43 national and provincial roads with a length of over 852km. The announcement was made during a press conference on “Success in the past 5 years” of Prey Veng Provincial Administration on March 22, 2023. According to the statement, the province has 6 national […]
Read More