Projects Development
US$25 million Coastal Business Centre Proposed for Kampot
Gold Coast International Development Co., LTD has proposed investing US$24.8 million to build a coastal business centre on 42 hectares of land in Kampong Trach district in Kampot province, according to the Kampot Provincial Administration on 13 August. Located in Thkov village, Russey commune, Kampong Trach district, the project will comprise of commercial centres, 4-star […]
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World’s Tallest Prefab Building Set for Singapore by 2023
The world’s tallest prefabricated skyscraper is currently under construction and is scheduled to rise in Singapore by 2023, according to a CNN report on 10 August. Named Avenue South Residences, the project comprises of two 192 metre-tall buildings or about 56 floors. The uniqueness of this project is the Prefabricated Prefinished Volumetric Construction (PPVC) building […]
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Government to dredge Prek Thnaot river to mitigate Phnom Penh flood risk
The Ministry of Water Resources and Meteorology has been working with a Chinese firm to dredge the Prek Thnaot river next year, aiming to mitigate flood risk in Phnom Penh City. Secretary of State and spokesman for the Ministry of Water Resources and Meteorology H.E Chan Yutha said at a press conference on August 10 […]
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Completion of Chinese-funded Morodok Techo Stadium Delayed to Early 2021
The construction of the Morodok Techo Stadium is now 80% complete, but work will not be finalized this year as scheduled. The project’s completion is now expected to be delayed until March 2021. Secretary-general of the National Olympic Committee of Cambodia Vath Chamroeun said on 12 August that the delay is due to the COVID-19 […]
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MRC: Dams Not Main Cause of Low Mekong River Level
The Mekong River Commission has asserted that dams are not the main cause for lowering the water level of the Mekong River, but rather drought, climate change, and El Niño are the principal causes which differs from the opinions of other environmental experts. Secretary-General of the Cambodia National Mekong Committee Te Navuth said at a […]
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Expert: Potential in Kampot Property Market Amid Rise in Domestic Tourism
Despite the COVID-19 crisis, Kampot has become a province with significant property investment potential, as domestic tourism is rising, according to a local real estate expert. President of KW Cambodia Dr. Kim Heang told Construction & Property Magazine on 11 August that compared to other coastal provinces, Kampot has the most tourist flow due to […]
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Tax on Unused Land in Cambodia
In Cambodia, some properties are taxable, while others are not. Among them, unused land is considered taxable, although tax payments on properties are not, all the same, depending on the type, size, and location of the property. For instance, the tax base of unused land is not the same as the tax base of immovable […]
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Government Leases Land in Botum Sakor National Park to Royal Group
The Cambodian government issued sub-decree on 06 August leasing 168.8 hectares of land in Botum Sakor National Park in Koh Kong province to the Royal Group for the development of a 700-megawatt coal-fired power plant project. Located in Thmor Sar and Chamlong Kor villages, Botum Sakor district, the land has been granted to the Royal […]
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Construction of Sala Ta On Dam in Battambang Complete in 2021
The Sala Ta On Dam project in Battambang city is now 70% complete and is set to go online by June 2021, according to the Ministry of Water Resources and Meteorology on 06 August. With ground broken in early 2019, this project is one funded by the Republic of Korea and will be able to […]
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National Rehabilitation Centre to be Built in Sihanoukville
The Thai government will help build a National Rehabilitation and Vocational Training Centre on 20-hectare site in Stung Hav district, Sihanoukville province, according to the National Authority for Combating Drugs (NACD) President General Ke Kim Yan. During an inspection on 06 August, General Kim Yan said that the centre is located in Rithy 2 village, […]
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