India Plans to Connect to Cambodia by Highway

The Royal Government of Cambodia and the Government of India have discussed the implementation of the India-Myanmar-Thailand Expressway project and the expansion to Cambodia, Laos, and Vietnam. The discussions were held between Cambodian Prime Minister Samdech Techo Hun Sen and his Indian counterpart HE Narendra Modi via an online video on 18 May. During the […]

Read More

U.S. Makes US$150 Million Commitment to ASEAN

The United States has promised to spend US$150 million on Southeast Asian infrastructure, security, pandemic preparedness, and other efforts. The information was announced by U.S. President Joe Biden at the start of a two-day summit with the 10-nation Association of Southeast Asian Nations (ASEAN) in Washington. Biden’s administration hopes the efforts will show the countries […]

Read More

Phnom Penh Governor urges Japanese firms to invest in high-rise firefighting services

Phnom Penh Governor HE Khuong Sreng has urged Japanese firms to consider investing more in Phnom Penh, especially in the field of firefighting services for high-rise buildings. HE Khuong Sreng said in the meeting with the Japan-Cambodia Association delegation on 3 February 3 that a proper firefighting system on high-rise buildings is what Phnom Penh […]

Read More

KOICA Provides US$316 million in Grant Aid to Cambodia Over 30 Years

Over the past 30 years from 1991 to 2021, the Korea International Cooperation Agency (KOICA) has provided a total of US$316 million grant aid to Cambodia, contributing to socio-economic development. The remarks were made by Country Director of KOICA Cambodia Office Hyunjun Rho in an online meeting held on 11 January with HE Chhieng Yanara, […]

Read More

Four Private Firms Join Hands with Local Authorities to Boost SHV Development

Four private companies have entered a partnership with the Sihanoukville Provincial Administration to attract more investors and boost development within the province. The MoU on attracting investment to contribute to the development of SHV was signed by the representatives of the five parties on Wednesday 17 November. According to the provincial administration’s press release, the […]

Read More

CVEA, AVA Mull Establishing Standardised Guidelines for ASEAN Real Estate Evaluators

The ASEAN Valuers Association (AVA) and Cambodian Valuers and Estate Agents Association (CVEA) have vowed to enhance the capacity of their real estate agents, with plans to establish shared guidelines and standards to regulate and certify real estate agents among all member countries. CVEA Secretary-General Susan Widjojo made the remarks at a press conference on […]

Read More

France Provides US$23.3 million Loan to Cambodia to Upgrade Irrigation System

The French Agency for Development (AFD) has decided to provide over US$23.3 million in a loan and grant aid to Cambodia to rehabilitate and upgrade irrigation systems in Battambang and Banteay Meanchey provinces. First Secretary of the Embassy of the French Republic in Cambodia Mr Fabrice Έtienne, Director of the French Development Agency (AFD) Oph–lie […]

Read More

EuroCham to Host Virtual Conference Addressing Necessity of Standards in Real Estate Sector

The European Chamber of Commerce in Cambodia (EuroCham) will host a virtual conference addressing “The Importance of Standards in the Real Estate Industry – A Case for Following RICS Standards” on Thursday 16 September. The webinar session will gather leading real estate & construction experts and professionals to share knowledge and the most up-to-date know-how […]

Read More

Chinese & Local Firms Mull Building 200ha Factory Complex in Kampong Speu

Kampong Speu Provincial Governor HE Vy Samnang has confirmed that a group of local and Chinese companies are expressing interest in setting up a 200-hectare factory complex in Kampong Speu province. This project was mentioned during a recent meeting between representatives of investment companies and HE Vy Samnang. “The firms have already presented investment plan […]

Read More

Two Local Firms Co-Establish Standardised Training Program for 1,000 Real Estate Agents

LSCG Real Estate and Milky-Way Reality Investment Plc have jointly invested US$1 million to establish a standardised training program for 1,000 real estate agents nationwide. The training will be based on a new modern Chinese technology, aiming to equip agents with know-how skills and keep them updated with current trends in the digital world. LSCG […]

Read More