Policy and Strategy
EU Launches €300bn Infrastructure Funding Scheme Countering China’s BRI
The European Commission and the High Representative for Foreign Affairs and Security Policy recently launched a new €300 billion global infrastructure funding program called the Global Gateway, aiming to boost recovery in low and middle-income countries as an alternative to China’s Belt and Road Initiative (BRI). Announced on 1 December, the scheme will focus on […]
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Real Estate Developers Set Plans for Post-Pandemic Expansions
By Eric Wong Chon Lap Almost two years into the pandemic, although some real estate companies are still struggling to survive, or to be remain competitive in the market, major real estate developers and players have been able to quickly adapt to the unexpected situation, capitalizing on the diverse income stream they have built. Some […]
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PM Embraces “Khmer Can Do It” Motto: Cambodia Puts Best Effort to Self-Finance Infrastructure Projects
Cambodia Prime Minister Samdech Hun Sen has proudly embraced the “Khmer Can Do It” slogan, stating Cambodia will put its best effort to self-finance and build its own infrastructure development projects if possible, aiming to reduce reliance on FDI or development partners. PM Hun Sen made the remarks during the site visit to various infrastructure […]
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PM Orders Immediate Seizure of Illegally Owned Land Around Tonle Sap
Prime Minister Samdech Hun Sen has ordered an immediate seizure of all the illegally owned mangrove forest land in the Tonle Sap region from encroachers regardless of their social status, while a special working group has also been established to investigate and tackle the issues. Samdech Hun Sen stated in a voice message that the […]
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Land Registration Campaign in Kampot Over 70% Complete
To date, the land registration mission in Kampot province is over 70% complete, as land plots in 358 villages have been registered and got their title deeds issued. The data was unveiled during a site inspection of Kampot Governor HE Mao Thonin to the Banteay Meas village in Banteay Meas district on Thursday 25 November. […]
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Gov’t to Spend US$2.3bn on Infrastructure Development; 100 bridges to be Built
Cambodia Prime Minister Samdech Hun Sen has announced that Cambodia plans to spend over US$2.3 billion of the national budget to develop infrastructure nationwide and at least US$100 million will be used to build hundreds of bridges across small rivers and water streams. PM Hun Sen made the remarks during the inauguration ceremony of the […]
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PM Hun Sen Urges G7 Countries to Invest in Cambodia’s Infrastructure Through its B3W
Prime Minister Samdech Hun Sen has strongly welcomed and urged the G7 countries to invest in building more infrastructure in Cambodia, especially through its newly-announced Build Back Better World (B3W) initiative. PM Hun Sen made this remark during the inauguration of the Cambodia-China Friendship Bridge Stung Trang-Krouch Chhmar and the groundbreaking ceremony of NR71C on […]
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ADB Provides US$180-million Loan for Infrastructure Development in Three Cambodian Cities
The Asian Development Bank (ADB) has approved a US$180-million loan to help three cities in Cambodia improve urban infrastructure and boost economic competitiveness. The Livable Cities Investment Project will help more than 140,000 residents in Bavet, Kampot, and Poipet access better wastewater and solid waste management services, according to a press release issued on 19 […]
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Cambodia Needs US$48bn to Implement 330 Projects in Transportation Sector in 10 Years
Cambodia will need approximately US$48 billion to implement 330 projects in the transportation and public works sectors over the next 10 years. Minister of Public Works and Transport HE Sun Chanthol unveiled this data during the 26th ASEAN Transport Ministers Meeting with the US-ASEAN Business Council on Thursday 11 November. HE Sun Chanthol added that […]
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Land Ministry Vows to Achieve 100% Land Registration Nationwide by 2023
The Ministry of Land Management, Urban Planning and Construction has committed to achieving100% complete land registration and title issuance nationwide by 2023, while also pledging to continue to effectively resolve and prevent land disputes. Speaking at the inauguration ceremony of the new Ministry of Land Management, Urban Planning and Construction on Monday 8 November MLMUPC […]
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