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ខ្មែរ Property Focus
China Provides Over US$23m Fund for Cambodia’s Demining in Past 8 years
- 16 February 2023
The Chinese government has provided US$13.2 million in grants to support CMAC's three-year demining activities (2023-2025), while providing over US$10 million for a similar purpose from 2018 to 2022, according to CMAC Director Heng Ratana on 12 February. Aid for 2023 was provided during Prime Minister Hun Sen's visit to China, where 12 agreements were signed including a grant agreement for "Ch...
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ADB Provides US$10m Loan to CP Bank for Boosting SMEs in Cambodia
- 14 February 2023
The Asian Development Bank (ADB) and Cambodia Post Bank (CP Bank) have signed a loan agreement of US$10 million to support the recovery of micro, small, and medium-sized enterprises (MSMEs) in Cambodia from the COVID-19 pandemic by expanding their access to finance. At least 50% of the proceeds are marked to finance MSMEs led by women. “Improving MSMEs’ access to working capital and longer-ter...
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OCIC officially launches Chroy Changvar Gardens Project east of Phnom Penh
- 13 February 2023
The Overseas Cambodian Investment Corporation (OCIC), a known local business conglomerate and real estate developer, on Saturday, launched Chroy Changvar Gardens – its latest residential project along the Tonle sap river, east of Phnom Penh's city centre. Attended by a senior member of Canadia Group, OCIC, and Mega Asset Management, the private and gated community project is located at the Chro...
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Gov’t Urges Establishment of More Waste-Processing Plants
- 12 February 2023
Secretary of State and spokesperson of the Ministry of Environment HE Neth Pheaktra has encouraged the private sector to establish more waste processing plants in Cambodia, as each year Cambodia produces more than 4 million tons of waste. HE Neth Pheaktra said on 9 February that recycling waste will help contribute to reducing the impact on the environment and build a sustainable community. ...
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Australia Stops Using Chinese-made CCTV in All Key Administrative Buildings
- 12 February 2023
The Australian government has decided to stop installing CCTVs made by Chinese tech companies in its government buildings, claiming those CCTVs could pose a security risk to the country, according to DW News on 9 February. Manufacturers such as Hikvision and Dahua have provided at least 913 CCTVs, intercoms, electronic inputs and video cameras at over 250 Australian government buildings. ...
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256 Mining Sites & Over 157 Operating in Kampong Speu
- 9 February 2023
The Kampong Speu Provincial Administration has registered 256 mining sites with 157 businesses operating, according to a press conference on 9 February 2023. These businesses include 33 construction stone sites, 13 sandstone sites, seven sand sites, four sandstone sites, and three excavation sites. Kampong Speu province also has three quarry sites, eight sand mining sites, seven excavation...
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Kampong Speu Authority Registers Over 130k Land Titles Since 2018
- 9 February 2023
From 2018 to the first quarter of 2023, the Kampong Speu Provincial Authority registered a total of 131,056 land plots and issued 82,503 land titles, according to a press conference on 9 February. 1,368 plots of government land were also registered and 352 titles were issued. Meanwhile, the authority also registered a total of 1,521 non-collective land plots and 98 plots were state lands. ...
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Gov’t to Redevelop Over 2000ha of Conserved Land in Siem Reap
- 9 February 2023
The Ministry of Environment is reorganising the Sok An Research and Kesor Kol Conservation Centre into 16 development zones along with the construction of necessary infrastructure, research centre, and development zone. Mrs Chan Somaly, Undersecretary of State of the Ministry of Environment and President of Kesor Kol Conservation Centre, stated on 7 February that after receiving permission fro...
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Cambodia, Five Other Asian Countries Sign Indore 3R Agreement for Clean Earth, Water, & Air Scheme
- 9 February 2023
Five cities in Cambodia and five other Asian countries have signed the Indore 3R Declaration on Clean Water, Clean Land, and Fresh Air Goals. The agreement was signed during the 11th Asia-Pacific High-Level Meeting on "3R and Circulation Economy" in Siem Reap on 8 February 2023. The five cities of Cambodia are Sen Monorom in Mondulkiri, Pursat in Pursat, Kep in Kep, Sihanoukville in Sihano...
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Banteay Meanchey Authority Reorganises 1500ha Pongro Conservation Zone
- 8 February 2023
The Banteay Meanchey Provincial Authority and relevant officers are working on the protection to reorganise the Pongro conservation zone which covers an area of 1,576 hectares, according to an official meeting on 7 February. Located in Sangkat Kampong Svay, Serey Sophorn city, the Pongro Conservation Project aims to preserve the forest for the next generation and contribute to the protection o...
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