Local News
Government to issue ID cards to Cambodians living abroad
Cambodians living abroad can apply for Cambodian identity cards which will enable them easily in doing business, investment, or buy and sell real estate in Cambodia. Samdech Techo Hun Sen, Prime Minister of Cambodia said in a meeting with Cambodians living in Europe on the 21 May that the Cambodian identity cards will make it […]
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308-hectare eco-tourism development investment project receives in-principle approval
The relevant authorities approved a 308-hectare eco-tourism development investment project in Sre Ambel district, Koh Kong province, while the project owner was requested to prepare a details investment and business plan and submit it to the Ministry of Environment for review and decision. Relevant officials led by a senior official at the Ministry of Environment, […]
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Angkor Botanical Garden Officially Opens in Siem Reap
The Royal Government has officially inaugurated the Angkor Botanical Garden to attract and show the potential of tourism in Siem Reap and for the benefit of the people and national and international tourists. The gardens were opened on 19 May by HE Chea Sophara, Deputy Prime Minister, Minister of Land Management, Urban Planning and Construction. […]
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OCIC officially launches The Diamon Bay Garden Condo Project in Koh Pich
The Overseas Cambodian Investment Corporation (OCIC), the largest real estate developer in Cambodia, announced the official opening and sale of the Diamond Bay Garden, a 37-storey condominium project along the Mekong River, Koh Pich Island City, Phnom Penh. Charles Vann, Deputy General Director of Canadia Group and representative of Pung Kheav Se, Chairman of the […]
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Koh Kong has economic land concessions of 450,000 hectares
Koh Kong province has seven economic land concession companies covering an area of 44,177 hectares. According to the report on work review in 2021 and set objectives for the 2022 target, the Koh Kong Provincial Administration states that ELCs invest in eucalyptus trees, acacia trees, sugarcane, and rubber plantations. The area of Greenwich Group Co […]
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Government exchanges 800 hectares of land in the Phnom Tamao Zoo area with the private sector
The government has decided to exchange 800 hectares of land in the Phnom Tamao area to a private company -Khmer Fresh Milk for development, and the government reclaimed 1,122 hectares in three different locations. According to a letter from the Office of the Council of Ministers dated January 14, 2022, two locations in the Phnom […]
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ADB to Provide US$4.2 billion in Loans, Grants to Cambodia by 2021
As of 2021, the ADB has committed to 319 public sector loans, grants, and technical assistance totaling US$4.2 billion to Cambodia, according to the ADB Fact Sheet 2021 for Cambodia issued on 5 May. The loan, grants, and technical assistance focus on education, health, infrastructure, rural development, energy, transportation, and other important sectors. The ADB […]
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Cambodia-Thailand Reopen Anlong Veng International Gate After Two Years Closure
Choam International Gate in Anlong Veng district, Oddar Meanchey province has officially reopened after being closed for more than two years due to COVID-19. The official reopening was held on 9 May 2022 in the presence of Mr Pen Kosal, Governor of Oddar Meanchey province, and Mr Watthana Phutthichat, Governor of Sisaket province, Thailand, and […]
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General Department of Taxation Strengthens Real Estate Valuation Skills for Effective Revenue Collection
The General Department of Taxation is conducting training courses on primary real estate appraisal methods and real estate surveys, and classifying property titles to officials for the efficiency of revenue collection in the sector. HE Ken Sambath, Deputy Director-General of the General Department of Taxation, stated in the training course on “Real Estate Appraisal” on […]
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Demand for larger condominium units is poised to remain strong
The property market is predicted to see steady strong demand for larger condominium units, despite the limited number of new condominium developments in the market, or higher prices for smaller units in new developments. Consumers are now eager to purchase larger condominium units, which contain larger living areas with some space for a workstation or […]
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