Cambodia Sets the Stage for Japanese Investment with New Special Economic Zones

In a significant move to bolster economic ties and foster Japanese investment in Cambodia, the Ministry of Land Management, Urban Planning, and Construction is gearing up to designate prime land parcels for the establishment of special economic zones (SEZs) tailored to the needs of Japanese investors. This development comes on the heels of a pivotal meeting held on September 22, 2023, between His ...

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Experts Share Cambodia’s Real Estate Market Recovery Path

Amidst a challenging global economic landscape, the Cambodian real estate market has weathered a prolonged downturn since 2019, leaving industry stakeholders pondering when and how recovery will take place. Key experts have weighed in on the factors influencing this recovery and the direction developers and buyers should steer towards in these uncertain times. Balancing the Equation, Oversupply...

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Chinese Firm Eyes Over 300 Hectares for Chemical Fertiliser & Pesticide Production in Cambodia

A prominent Chinese investment company based in Anhui province is seeking to acquire more than 300 hectares of land to establish chemical fertiliser and pesticide production facilities. This initiative follows a productive meeting held on 19 September 2023, between HE Chea Vuthy, Secretary General of the Cambodian Investment Commission, and a delegation from the Chinese company. HE Chea Vuthy e...

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Vietnam Airlines Commits US$7.8 Billion for a Fleet Boost with 50 Boeing 737 Max Aircraft

Vietnam Airlines has inked an agreement worth US$7.8 billion to acquire 50 Boeing 737 Max aircraft from the United States. The strategic move is aimed at modernising the airline's fleet to cater to surging flight demands, according to Reuters on 11 September 2023. The announcement of this significant agreement between Vietnam Airlines and Boeing was made by the White House during U.S. President...

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Gov’t Exchanges Over 37ha of Kandal State Land for US$45M Infrastructure Development

The Cambodian government has taken a decisive step towards advancing infrastructure development by trading 37,569 hectares of state-owned land in Koh Thom district, Lerk Dek district, and Sompov Poun town. This transaction, valued at US$45 million, involves the construction of crucial road networks, bridges, and administrative buildings, as per an official letter issued by Secretary-General HE Hin...

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Koh Kong​ to Welcome Zhejiang SEZ’s Ambitious Expansion: 1,000Ha to Boost Foreign Investments

Koh Kong province in Cambodia is gearing up to expand foreign direct investment with the expansion of the Zhejiang Special Economic Zones (SEZs) into a strategic new location in Koh Kong province, encompassing a sprawling 1,000 hectares of prime land. This promising development took centre stage during the recent visit of HE Sun Chanthol, Deputy Prime Minister & CDC 1st Vice-Chairman, to the Z...

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Kampong Cham Authorities Put a Halt to Land Transactions in Mekong Area for Sustainable Agriculture

The provincial authorities of Kampong Cham have taken a decisive step to safeguard the pristine beauty of Prang Ta Sok, an area nestled in the heart of Taing Kork village, Taing Krasang commune, Batheay district, Kampong Cham province. In a move signifying their commitment to conservation, the authorities have officially suspended the purchase, sale, and transfer of land within this region designa...

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Marum Estate Clinches Four Distinguished Awards at Esteemed PropertyGuru Cambodia Property Awards

Phnom Penh, Cambodia – A remarkable triumph illuminated the 8th Annual PropertyGuru Cambodia Property Awards as Marum Estate, a visionary project by Sir Stamford Raffles (Cambodia) Co. Ltd., clinched an impressive four prestigious awards, solidifying its reputation as a beacon of innovation and excellence in the world of Cambodian real estate. The grand event took place on the evening of Friday...

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Gov’t Leases 489 Hectares in Koh Rong to Private Company for Sustainable Development

The Cambodian government has earmarked a 489-hectare area within Koh Rong National Park for development by Emario Shonan Marine Corporation and U. Property Management. This progressive initiative, as outlined in Sub-Decree No. 69 dated 31 March 2023, signifies the nation's commitment to responsible land utilisation in Koh Rong Samloem village, Sangkat Koh Rong Samloem, Koh Rong City, Sihanoukville...

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Employment Boom: Factories in Kampong Speu in urgent need of 4,000 Workers

Kampong Speu province, a burgeoning industrial hub, is currently experiencing an urgent demand for an additional 4,000 skilled workers. This pressing need arises amid the backdrop of 385 active factories within the province, each contributing significantly to Cambodia's industrial prowess. Minister of Labor and Vocational Training, HE Heng Sour, highlighted this demand during a recent meeting w...

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