Kampong Speu to Have Safe New Open-Air Market as COVID-19 Positive Cases Surge

The Kampong Speu provincial administration has decided to set up a temporary open-air market inside Oknha Chhuon Kimsan’s land plot in downtown Kampong Speu to prevent the spread of COVID-19, as more positive cases are found in the province. According to the official announcement on 28 April, the market will have a total of 200 stalls, and vendors can use the stalls free of charge. HE Govern...

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How Can Foreigners Buy Land in Cambodia?

The 1993 Cambodian Constitution states that only persons or legal entities of Khmer nationality have the right to own land. However, this law does not prohibit foreigners from investing in land in Cambodia. So, how can foreigners buy land in Cambodia? 1) Through Khmer National Nominee This method allows a foreigner to buy land by having a Cambodian representative hold the title for them. Thi...

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Poipet Casinos Ordered Closed as Community Outbreak Surges

The Banteay Meanchey Provincial Administration has ordered the temporary closure of all casinos in Poipet as more COVID-19 positive cases are found in the province, according to an official announcement on 27 April. There were 171 cases of COVID-19 reported in the province on Tuesday, prompting authorities to issue the temporary closure notice. According to the provincial administration dire...

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Land Ministry Speeding Up Work on Land Usage Masterplan in Sihanoukville

The Ministry of Land Management, Urban Planning, and Construction (MLMUPC) recently chaired a meeting to review and speed up the progress of land usage planning in Sihanoukville with the aim of boosting the province's potential.. Held on 27 April via zoom, the meeting focused on the two major areas, including the Sihanoukville download (vision to 2038) and the Boeung Kang Kep development zone. ...

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Hong Lai Huat, CMEC to Co-Build 200-MW Solar Power Plant in Kampong Speu

Real estate developer Hong Lai Huat Group Ltd and China Machinery Engineering Corp (CMEC) have teamed up to invest in building a 200-MW solar power plant at the Aoral Eco-City in Kampong Speu province. Both firms have already signed a non-binding MoU to create a special purpose vehicle (SPV) and collaborate for at least 20 years, with a 20-year renewal option, according to Renewables Now. Ho...

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Authorities Close More Factories, Markets, Business Centres in Sihanoukville

Sihanoukville Provincial Administration has decided to temporarily suspend the operation of three major businesses in Sihanoukville for 14 days after finding more positive cases of COVID-19. According to the official announcement issued on 26 April, the three businesses include; Dara Samnang Business Center located in Village 3, Sangkat 1; New Star shoe factory in Village 1, Sangkat 1; and Yeay...

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All State & Unregulated Markets Closed for 14 Days

Due to the continuous spike in COVID-19 cases, the Phnom Penh Municipality issued an order on April 23 to close all state and unregulated markets in Phnom Penh for 14 days, from 24 April to 7 May. According to the announcement, state markets and unregulated markets refer to early-morning markets, community markets, markets in land plot communities, markets around hospitals, and street markets, ...

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Understanding Six Types of Property Ownerships in Cambodia

For most people, property ownership might only refer to public or state ownership. However, according to the Land Law and the Civil Code, ownership of immovable property is divided into six categories. 1) Private Ownership This type is the most common that all legal immovable property owners possess. It shows that the property is privately owned by you. According to Article 138 of the Civil ...

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US$61m five-star hotel & casino in Sihanoukville to open in Q1 2022

Malaysian-based WA Hospitality has announced that it will open the US$61-million Won Majestic Casino Hotel & Resort in Sihanoukville in Q1 2022, reported TTG Asia. Located in front of the Sokha Hotel in Sangkat 4, this 5-star hotel will have a total of 373 rooms featuring luxury suites and studio rooms, a swimming pool, gym, three restaurants, a guest lounge and a casino. The project was...

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Land Price Index by District in Phnom Penh

Research by Z1 Data Co., LTD (Cambodia) has shown that the outlying districts of Phnom Penh are attracting more and more investment projects in sectors including residential, commercial, and industrial. This momentum is also seeing positive trends in the land price index in those areas as a result The report has summarized land prices in four potential districts: 1) 7 Makara This district...

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