Tourism and Travelling
Four New Investment Projects Worth US$171.9m Approved for Sihanoukville
The Council for the Development of Cambodia (CDC) has given permits to private firms to invest US$171.9 million in establishing a 5-star hotel and three factories in Sihanoukville. The first firm is MARITIME CITY CO., LTD, which will invest US$164, 4 million in the construction and operation of a 5-star hotel (582 rooms) and an […]
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Construction to Begin Soon on US$11-Milllion National Vocational Tourism Schools
National Vocational Tourism Schools in Phnom Penh and Sihanoukville are scheduled to begin construction on 24 November, according to officials. According to a meeting between Minister of Tourism HE Thong Khon and Director of the French Agency for Development (AFD) Boucher Sandrine on 17 November, the construction project will cost approximately US$11 million, a loan […]
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Tax Exemption for Tourism & Hospitality Businesses Extended to December 2022
The Cambodian government has decided to extend the tax exemption for tourism and hospitality businesses for another three months from October to December 2022, according to a press release on 25 October. The exemption applies to all types of monthly taxes, except value-added tax, for hotels, guesthouses, and travel agencies registered with the General Department […]
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Cambodia-Vietnam to connect new tourist destinations by sea
Cambodia and Vietnam have approved an action plan to link tourist destinations by sea and build joint cruise packages as part of the South Sea Tourism Corridor Cooperation, especially the new sea route, Kampot Tourism Port and Tourism Port. Bai Vong.This is according to the third bilateral meeting on tourism cooperation between Cambodia and Vietnam […]
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Kampot Tourist Port Worth Over US$9 million Completed
The project to build a tourist port in Kampot province was completed on 30 June 2022, with a total construction budget of approximately US$9.27 million under a joint budget between the Asian Development Bank and the Royal Government of Cambodia. The progress of the construction project was mentioned in the inspection visit of the construction […]
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Gov’t Enforces New Guideline for Small-Scale Ecotourism Projects in Two Protected Zones
The Ministry of Environment (MoE) and related partners have announced the implementation of guidelines for small-scale ecotourism development projects with an area of fewer than 10 hectares in two protected zone—protected forests and biodiversity corridors. MoE Secretary of State HE Rath Virak said on 3 October that the technical guidelines are necessary to effectively manage […]
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US$17m Development Project Approved on Koh Tbal in Kep Province
The Council for the Development of Cambodia (CDC) has given a permit to TRY PHEAP KOH TUNSAY RESORTS CO., LTD to build a US$17-million development project on Koh Tbal in Kep province. The project will create 105 jobs; however, CDC did not specify the details of the project, saying it is a tourism-related project. […]
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JLL Forecasts Asia’s Hospitality Investment in 2022 to Rise by 80%
Hotel investment in the Asia Pacific will continue to recover in Q4 of 2022 and into 2023 with more investors pouring their capital into the sector at the highest levels since the COVID-19 pandemic, According to JLL’s Hotels & Hospitality Group’s Global Hotel Investor Sentiment Survey, global hotel investment is projected to rise by 80% […]
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Thais Citizens of Border Provinces Can Visit Angkor Wat Without Passports
The Cambodian government plans to allow Thais living in border provinces to visit Siem Reap and Angkor Wat without passports, while an inter-ministerial commission is preparing the detailed procedure. Minister of Tourism HE Thong Khon unveiled this project during the meeting on 19 September, emphasizing this scheme is to boost tourism sectors. If this scheme […]
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Developer to Establish Zero-Carbon, Car-Free City in Kuwait
Dubai-based developer URB plans to build a zero-carbon, car-free city in Kuwait to accommodate up to 100,000 residents, according to GCR. Located on a 16-sq-km site, south of Kuwait, the city named XZero would recycle all its water and waste. The city will host over 30,000 homes powered by renewable energy and fitted with sensors […]
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