COVID-19 Leaves Permitted Projects Awaiting Construction Date

The Ministry of Land Management Urban Planning and Construction (MLMUPC) has approved more than 2,500 construction projects worth around US$3.8 billion in the first six months of the year.

However, due to the impact of COVID-19, most developers of permitted projects are still waiting to begin construction, according to Cambodia Constructors Association (CCA) Secretariat General Manager Mr Chhiv Sivpheng.

He said that during the COVID-19 pandemic, figures from the land ministry show an increase in construction investment capital but companies are waiting to start construction when the pandemic is controllable.

“We hope that those who got the permits to build can start their construction when COVID-19 is controllable with no more transmission cases or when there is a vaccine for it,” he said.

Mr Chhiv said, he has observed that many companies local and international requesting construction permit across the country, especially in Sihanoukville.

However, although there is an increase in construction investment, construction dates remain unclear. He said according to the law, the permit is valid for one year.

“Maybe they are worried about COVID-19 which is why they don’t have many activities but maybe after COVID-19 is over they will start,” he said.

 

- Video Advertisement -

Related Post

Chinese Company Pledges to Complete Mondulkiri Wind Power Station by 2026

In a significant commitment to renewable energy in Cambodia, HK OASIS Power Energy Development Co., Ltd. has vowed to complete the construction of a 150-megawatt wind power station in Mondulkiri province by 2026. This pledge was made by Mr. Wang Junwei, the company’s representative, during a meeting with HE Chea Vuthy, Secretary General of the […]

Serei Sophorn Welcomes the New 11 hectares of Landfill

In a significant development to enhance urban environmental management around the Tonle Sap Lake, the government officially inaugurated over 11 hectares of landfill on January 17, 2025. This project, part of the Phase 2 initiative, received support through a concessional loan from the Asian Development Bank (ADB). The landfill in Kangvea village of Sangkat Kampong […]

China Approves Highest & Largest Hydropower Dam in Tibet Worth USD 127 Billion Amid Global Concerns

China has approved the construction of the world’s largest hydropower dam on the lower Yarlung Tsangpo River in Tibet, with an estimated cost of USD 127 billion. The project, poised to generate three times more energy than the Three Gorges Dam, is expected to redefine renewable energy development globally but has raised significant concerns about […]

Cambodia Welcomes 17 New Investment Projects Worth USD 150 Million in January 2025

In an exciting start to the year, Cambodia’s investment landscape is poised for growth as the country received a notable infusion of capital with 17 new investment projects. These initiatives, collectively valued at approximately USD 150 million, were registered during the inaugural “One Window Service Office” (OWSO) meeting for 2025, held on 15 January, chaired […]

Progress Update on Kampong Thom Dam Project: 25% Completion Mark Achieved

Construction on the Kampong Kor Dam is progressing steadily, with 25% of the project now completed. HE Chan Sinath, Secretary of State, provided this update during an inspection of the project on 12 January 2025. During the inspection, HE Chan Sinath outlined the project’s current status, specifying that the dam’s construction has reached 10%, while […]

Cambodia’s Economic Boom: A Game-Changer in 2024

In a bold leap towards unprecedented economic growth, Cambodia has unveiled the approval of 10 new special economic zones, marking a significant milestone in 2024 with investments poised to reach a staggering USD 850 million. This strategic expansion is set to generate approximately 4,000 new jobs, heralding a transformative era for the nation’s economic landscape. […]