Property Focus
Gov’t Approves Comprehensive Environmental and Natural Resources Law to Propel Green Development
In a significant move towards sustainable development, the Cambodian Government has granted approval to the draft law of Environment and Natural Resources. The draft, consisting of 12 chapters and 865 articles, received the endorsement of the Council of Ministers during its plenary session on 28 April 2023. This comprehensive legislation aims to consolidate and streamline existing laws and regu...
Read MoreGov’t Allocates 649 Hectares of Land in Toek Poss District to Private Firm for Development
In a significant move, the Cambodian Government has approved the allocation of 649 hectares of land in Teuk Phos District to private firm One Fraternity Co., as stated in Sub-Decree No. 154, translated on 26 July 2022. This sizable parcel of land within the Oral Wildlife Sanctuary encompasses Kdol Sen Chey Commune and Chiep Commune in Teuk Phos District, Kampong Chhnang Province. The land ha...
Read More5 years, Svay Rieng Provincial Authority registered 115 villages and issued over 130k plots of land
The Svay Rieng provincial authorities have achieved a remarkable feat in the last five years, systematically registering land in 115 villages, 22 communes, and Sangkat in 8 districts. HE Men Vibol, Governor of Svay Rieng Province, made this announcement during the press conference on "Success in the past 5 years" of Svay Rieng Provincial Administration held on 27 April 2023. The provincial auth...
Read MoreISI STEEL LAUNCHES ISI PALM WITH INOK TECHNOLOGY
In an intimate and selective press conference on Friday, April 28th, 2022, ISI STEEL unveiled ISI PALM® with INOK ™ Technology developed by Bluescope, an Australian flat product steel producer with a subsidiary in Vietnam. This collaboration marks the beginning of a momentous cooperation and is a cause for extensive celebration of Cambodian excellence as it is the first of its kind to be wi...
Read MoreGOV’t Repeals New Sub-Decree to Protect Endangered Dolphins
The Cambodian government has repealed a new sub-decree aimed at protecting dolphins in Kratie and Stung Treng provinces, following a series of dolphin deaths that occurred during its implementation from February to April 2023. Instead, the old sub-decree from 2012 will be reinstated, according to Sub-Decree No. 87 issued on 27 April 2023. The decision comes after seeing that the implementation ...
Read MoreChinese Investors Eyeing Cambodian Agriculture, Plans $400 Million Investment on 300K hectares
Chinese investors are looking to invest $400 million in Cambodia's agricultural sector, requiring 300,000 hectares of land, according to a recent meeting between a Chinese investment delegation and the governor of Kampong Thom province on 27 April 2023. HE Duong Dara, Samdech Hun Sen's personal assistant and Secretary of State of the Council of Ministers, expressed interest in Kampong Thom as a...
Read MoreSteung Treng Province Issues Over 30k Land Titles and Registers 110k Ha of Social Land Concession
Steung Treng Provincial Administration has achieved significant progress in the systematic registration of land titles and social land concessions, according to a statement by Steung Treng Provincial Governor HE Svay Sam Eang on April 24. Over the past five years, the province has registered more than 30,000 land titles and over 110,000 hectares of social land concession. The registration effor...
Read MoreThe abundance of Borey Peng Huoth community during Khmer New Year
Traditionally, Cambodians consider the Khmer New Year the largest and most important festival. This traditional festival is celebrated before the sowing season, which is a good time for our people to gather family, relatives, and close friends to take food to the pagoda, play folk games, and go for a walk. This year, the Borey Peng Huoth community marked the occasion with great pomp and fanfare. O...
Read MoreTbong Khmum Achieves Land Registration Milestone with Over 370k Plots Registered
Tbong Khmum province has achieved a significant milestone in land registration with over 370,000 plots of land systematically registered since Kampong Cham province's separation in 2014. This was confirmed by HE Dr Cheam Chansophorn, Governor of Tbong Khmum Province, during a press conference on "Success in the past 5 years" of Tbong Khmum Provincial Administration on 20 April 2023. According t...
Read MoreUrbanland and Sathapana Bank team up to offer exclusive home loan rates to Borey Chankiri clients
Urbanland, an esteemed real estate developer, has entered into a Memorandum of Understanding (MoU) with Sathapana Bank, a renowned commercial bank in Cambodia, to provide exclusive home loan rates for Borey Chankiri homebuyers. This partnership ensures better home purchase options, consultations, and convenient services for all Chankiri customers. Commemorative photo of the Urbanland manageme...
Read More