Local News
Macau Casino Operator Delays 1200-hectare Land Acquisition in Siem Reap Again
Macau-based gaming operator Macau Legend Development Ltd has once again failed to reach an agreement on its 1200-hectare land acquisition in Siem Reap but has stated that it is now negotiating with the seller for amicable solutions, reported IAG. Macau Legend Development Ltd first revealed its plan to build an integrated resort in Siem Reap […]
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Koh Kong Governor Revokes All Protected Land Transaction Papers Signed by Local Authorities
Koh Kong Provincial Governor HE Mithona Phouthong has ordered commune and Sangkat officers to stop approving or signing off on all illegal protected land transaction documents and also voided all the previously-signed ones. According to the order letter issued on 24 June, those documents include land transfers, land use permissions, state land purchase agreements, land […]
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Understanding Compensation Eligibility in Road Construction Projects
Recently, there has been plenty of road construction projects everywhere in Cambodia. During the process, some buildings were ordered demolished, while some landowners were told to leave their land for the road expansion project. Among those, some get compensation while others do not. Let’s find out why and the details of compensation eligibility. You may […]
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Over 15,000 Families to Receive Free Land Plots on Completion of LASED III Project
The Ministry of Land Management, Urban Planning and Construction held a workshop meeting on 24 June to launch the Land Allocation for Social and Economic Development, known as LASED III. The ministry expects that over 15,000 poor families will receive decent land plots to reside on and grow crops after the project completion in 2026. […]
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Gov’t Ends Freehold Sale of Concessional Land & Rubber Plantations
The Cambodian government has issued a new order to end the freehold sale and exchange of all economic land concessions and co-investment rubber plantations*, to strengthen the efficiency of land management nationwide. According to Official Order No. 01 issued on 7 April 2021, there are also some exceptions. In cases where freehold sale and ownership […]
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Over 120,000 ha of Protected Land in Koh Kong Converted for Private & Public Use
The Cambodian government has decided to take over 126,000 hectares of land from eight natural protected areas in Koh Kong province and convert them for private and public use. According to Sub-Decree No. 30 dated 2 March 2021, some of the land will be given to local people, while some will be kept as state […]
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Koh Kong Casino Century Entertainment Warns of HK$40 million Full-Year Loss
Hong Kong-listed gaming investor Century Entertainment has issued a profit warning on expected losses of at least HK$40 million (US$5 million) for the year ended 31 March 2021, reported IAG. Among other factors, the loss is mainly due to the amortisation made on the intangible assets in relation to the gaming table business, and the […]
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Ministry of Commerce Urges Sweden to Open IKEA in Cambodia
The Ministry of Commerce has urged Sweden to consider opening renowned furniture megastore IKEA in Cambodia, as the demand for the market is significantly growing. The request was by Minister of Commerce HE Pan Sorasak during the meeting with the Swedish Ambassador to Cambodia HE Björn Häggmark. HE Pan Sorasak said that Cambodia would like […]
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24 Families Told to Leave State Land for Road Construction in Kandal
24 families living in Krasaing village, Takhmao city, whose houses affected the NR21 construction project have voluntarily left their properties with impact resettlement packages. Kandal Provincial Governor Kong Sophorn said that the working group has been focusing on this dispute for quite a long time. Finally, the families agreed to leave with proper compensation. “These […]
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Gov’t Mulls Constructing Large-Scale Nursery Research Centre in Kampong Chhnang
The Ministry of Agriculture Forestry and Fisheries is planning to transform the Hun Sen Meanok plant station in Kampong Chhnang province into a large-scale research and nursery centre, aiming to produce 10 million seedlings per year. According to the Minister of Agriculture, Forestry and Fisheries HE Veng Sakhon, the Hun Sen Meanok plant station has […]
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