Policy and Strategy
ASEAN real estate businesses seek solutions for growth post-COVID-19
Over 80% of businesses across the Asia Pacific are seeking solutions to restructuring their real estate portfolios as the COVID-19 lockdown begins to ease amid a ‘new normal’ across the region, according to a survey by JLL. Many are searching for alternative solutions to keeping their business operations including implementing modifications to their offices. The […]
Read More
New Phnom Penh International Airport Expresses Cambodia’s Ambition to Promote Economic Growth Amid COVID-19
Cambodian Prime Minister Hun Sen’s inspection visit to the construction site of the new Phnom Penh International Airport on 22 June 2020 was more than a symbolic inspection and represented a strong endorsement of the airport project and the health of the nation’s construction sector. The prime minister also approached the visit from the perspective […]
Read More
Government Urges Public to Cease Occupying Border Areas, Threatens Lawsuit
The head of the Royal Government Spokesperson’s Unit H.E Phay Siphan, warned at a press conference on 23 July that occupying land along the border, in particular the Cambodia-Vietnam border in Takeo province, is illegal, and called for an immediate end with those ignoring the order potentially facing legal action. “The land along the Cambodian-Vietnamese […]
Read More
Government Seizes Over 4,000 Hectares of Illegally Owned Land in Kampong Speu
The Kampong Speu Provincial Administration has thus far seized over 4,000 hectares of illegally owned land in three protected areas to be returned to use as national assets, according to the Kampong Speu province work progress report released on 20 July. The report stated that the three protected areas are the Chambok Community Protected Area […]
Read More
Koh Kong Provincial Hall: Unauthorised Land Transactions to be Voided
All land buying and selling transactions without the inspection and approval from the relevant authorities, particularly the land located in protected areas, community, and forest areas in Koh Kong province, are considered illegal and will be voided, according to an announcement by the Koh Kong Provincial Administration on 14 July 2020. The statement is squarely […]
Read More
CCA joins IFAWPCA video conferencing call
The Cambodia Constructors Association (CCA) joined a video conferencing call of the International Federation of Asian and Western Pacific Contractors’ Associations (IFAWPCA) in late June to update Cambodia’s construction sector status quo and exchange ideas for resilient strategies. The meeting allows members to exchange experiences related to the construction industry with the other members of […]
Read More
ACF discusses How to Overcome COVID-19 Pandemic at 49th Meeting
The ASEAN Constructors Federation (ACF) conducted it 49th meeting via Zoom video conferencing on 10 June 2020 to discuss the development of the construction industry in the region. ACF Council Meeting is an annual meeting that provides opportunities for its members including, Cambodia which is represented by the Cambodia Constructors Association (CCA), to share information […]
Read More
Cambodia and other 5 Countries Agree to Donate US$180.2 million to Fund BRI Projects
Cambodia and other 5 countries including China, Egypt, Saudi Arabia, Hungary, and the Philippines have agreed to donate US$180.2 million as a multilateral fund to support Belt and Road Initiative (BRI) infrastructure projects, according to China Daily on 08 July 2020. The fund was set up by the Multilateral Cooperation Center for Development Finance and […]
Read More
Gov’t will not cut infrastructure spending
The Cambodian government is excluding funding for building and restoring infrastructure from its COVID-19 budget cuts. According to the government announcement, the 2020 fiscal budget cut is being implemented to save money for economic recovery, which has been hit hard by the pandemic. The budget gained expenditure cutting will be used as a subsidy fund […]
Read More
Cambodia’s construction investment reached US$4 billion in H1 2020, a 13% increase
Despite the global crisis of Covid-19, Cambodia’s construction investment value in the first half of 2020 has reached nearly US$4 billion, indicating a 13% increase compared to the same period in 2019, according to the data of the Ministry of Land Management, Urban Planning and Construction dated 02 July 2020. According to the same source, […]
Read More