Business and Market
Government Grants Licenses to More Than 200 Residential Developers
More than 200 residential developers have been granted permission to operate their housing developments, according to a senior official from the Ministry of Economy and Finance (MEF).
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Construction Sector to Grow Stronger in 2019
As the construction sector continues to enjoy unprecedented growth, 2019 is expected to see a higher growth rate than in 2018, according to senior officials from the Ministry of Land Management Urban Planning
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Eu Bank Provides Close to Us$100 Million to Build Clean Water Plant in Phnom Penh
The European Investment Bank (EIB) has provided a loan of €85.9 million (about US$$96.14 million) to the Royal Government of Cambodia for the construction of a water treatment plant northern Phnom Penh’s
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Islands Established as New Districts of Preah Sihanoukville Province
The government has issued a sub-decree establishing two new districts on nearby islands. Koh Rong and Koh Rong Sanleum are one district with Koh Rong designated as a city.
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150MW Coal-fired Plant Expected to Come Online in October
A new coal-fired power plant in Preah Sihanoukville province with a capacity of 150MW is expected to come online in October. The new power generating plant is becoming operational
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World Biggest Airport in Beijing China Set to Open on September
The world to be biggest airport in terms of passenger capacity the Beijing Daxing International Airport in China is set to open on September this year following a fast track construction.
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Dara Sakor International Airport Set for Completion in 2020
The Dara Sakor International Airport project in Koh Kong Province, part of the Dara Sakor Seashore Resort owned by a Chinese firm, is set to be completed and in operation in 2020.
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NA Approves Draft of Law on Oil and Oil Production Management
The National Assembly approved a draft of the Law on Oil and Oil Production Management on 19 June 2019 with the approval coming amid ongoing searches for and development of oil resources
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Phnom Penh Railway Station to Become New Commercial Centre
The French-architecture styled railway station in Phnom Penh will become an attractive commercial building after foreign investors from the United States announced they would inject
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NR3 Near Completion, but Ministry to Reject if Lacking Quality
After more than one year of renovation, work on National Road No.3 is almost 70% complete but the Ministry of Public Works and Transport (MPWT) will refuses to accept it if the road quality is not good enough
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