Policy and Strategy
Land Minister Unveils Cambodia-Japan Joint Achievements in Construction Sector
The Minister of Land Management, Urban Planning and Construction HE Chea Sophara has revealed that that the Japanese government has been assisting Cambodia in many major projects within the construction and urban planning sectors. Speaking at the Cambodia-Japan Urban Development Conference on 16 February, HE Chea Sophara expressed sincere thanks to Japan for the very […]
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EuroCham CSR Contest 2021 Launched, Construction Firms Urged to Join
The European Chamber of Commerce (EuroCham) in Cambodia launched the CSR Contest and Awards 2021 last week, with both Cambodian entities and foreign businesses, especially within the construction and property sectors, being urged to participate. Officially announced on 10 February, the CSR Contest and Awards 2021 is a Cambodia’s most prestigious CSR recognition award event […]
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Gov’t to Allocate Approx. 2,000 Hectares to Low-income Veterans in Kompong Thom
The Kampong Thom administration is working on dividing approximately 2,000 hectares of state land in Trapeang Ruessei village in Santuk district into small plots, to distribute to low-income veterans. Kampong Thom Governor Sok Lou said during a site inspection on 02 February that the land plots will only be given to veterans and low-income locals […]
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Kampot and Kep to Attract More Development with Forthcoming Investment Guidebook
Kampot and Kep officials are composing an investment guidebook to attract more new development and manage existing projects more effectively, according to Kampot Governor Chev Tay. HE Chev Tay said in a meeting with the Kampot-Kep Chamber of Commerce officials on 01 February that the guidebook is crucial for investors as it can provide essential […]
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Experts Share 7 Key Strategies to Succeed in Real Estate Investment
When talking about investment with high returns in Cambodia, real estate is frequently one of the top choices. However, real estate investment is almost similar to gambling. Some succeed and become millionaires in just a short period, while some fail and end up being in debt. Our Construction & Property Magazine reporter sat down with […]
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MEF: Cambodia Construction and Property Sectors to Grow by only 2.9% and 2.7% in 2021
The construction and property sectors are projected to grow by 2.9% and 2.7% in 2021 respectively, after contracting by 2.4% and 4.9% in 2020, according to the Ministry of Economy and Finance Latest’s Macroeconomic Report. These drops for both sectors were due to the effect of the COVID-19 pandemic, which reduced foreign investment and demand. […]
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Gov’t Starts Demarcating Land for Battambang Airport Renovation Project
Battambang local authorities have already started demarcating and registering land ownership at the Battambang airport site while waiting for the actual renovation project to begin soon. Battambang Deputy Governor of Province Soeum Bunrith said on January 25 that the demarcation is being done both in Sangke district and Battambang city for future reconstruction. “People who […]
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NBC: Bank Credit Reaches US$37.3 billion in 2020; Over 30% Allocated to Construction & Property Sectors
Customer credit at banks in Cambodia reached US$37.3 billion in 2020, a 14.8% increase; and over 30% of which was allocated to the construction and property sectors, according to a recent National Bank of Cambodia report. The same report also added that bank credit given to the construction sector was 9.2%, property 8.5%, and mortgages […]
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Over 200 Development Projects Included in Kep Development Master Plan
Over 200 development projects and four major tourism development destinations have been included in the draft of Kep Tourism Master Plan, according to the Ministry of Tourism on 14 January. The purpose of the master plan is to transform Kep into a “high-end luxury tourism destination”, and also to help boost Kep’s tourism potential after […]
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Gov’t to Renovate Over 370km of Rural Roads Across Siem Reap in 2021
The Siem Reap Provincial Department of Rural Development plans to renovate and rebuild a total of 373 kilometres of rural roads across Siem reap in 2021 to ease the overall commuting system in the province. Sao Bunthy, Director of the Rural Roads Office of the Siem Reap Provincial Department of Rural Development, told National Radio […]
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