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

Samdech Techo Donates Land to Build Dormitories for Poor Female Students

In a significant move to support education and empower women, Samdech Techo Hun Sen announced a generous donation of 2 hectares of land valued at over USD 10 million. This land will be used to construct dormitories for underprivileged female students who have come to Phnom Penh to pursue their studies. This initiative was revealed […]

Cambodia Welcomes 12 New Investment Projects Boosting Industry and Energy Sectors

Cambodia is set to enhance its economic landscape with the approval of 12 new investment projects, collectively valued at USD155 million, specifically targeting the industry and energy sectors. This significant development was confirmed during a one-stop meeting chaired by His Excellency Chea Vuthy, Secretary-General of the Committee for Investment of Cambodia. These projects are not […]

Chinese Investors Eye Opportunities in Cambodia’s Booming Economy

In a significant move to strengthen economic ties, approximately 40 Chinese companies convened with representatives from the Cambodian Chamber of Commerce to explore promising investment opportunities across various sectors in Cambodia. The meeting was spearheaded by Oknha Banthi Vinh Hour, Vice President of the Cambodian Chamber of Commerce, and Ji Lin, President of the China […]

Japan Plans to Establish Rural Special Economic Zones to Boost Cambodian Agriculture

In a significant move to enhance Cambodia’s agricultural sector, the Japan Development Institute Ltd. (JDI) has unveiled plans to establish rural special economic zones in the country. This initiative was highlighted during a meeting on May 19, 2025, between Mr. Heng Ratana, CEO of the Cambodian Mine Action Centre (CMAC), and Dr. Shoichi Kobayashi, an […]

Kampong Speu Province Welcomes New Cement Giant: Factory Inaugurated with Investment Over USD250 Million

  Kampong Speu Province is set to bolster its industrial landscape with the recent inauguration of a large-scale cement factory, officially opened on May 20, 2025, under the leadership of Prime Minister Hun Manet. The factory, located in Oral District, represents a significant investment of over USD 250 million by Conch KT Cement Company, marking […]

Investment Surge in Cambodia: 13 New Projects Proposed

In a promising development for Cambodia’s economy, a group of investors has submitted applications for 13 qualified investment projects, boasting a combined capital of USD 318 million. The Council for the Development of Cambodia has commenced a thorough evaluation of these proposals, signaling a potential boost to the nation’s industrial landscape. During a meeting held […]