Dara Sakor International Airport Set for Completion in 2020

The Dara Sakor International Airport project in Koh Kong Province, part of the Dara Sakor Seashore Resort owned by a Chinese firm, is set to be completed and in operation in 2020. The announcement was made by Mr Wang Chao, vice president of Union Development Group (UDG), the company behind the project, to reporters during the Cambodia China Journalist Association visit to the project in late Ma...

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NA Approves Draft of Law on Oil and Oil Production Management

Photo: Krisenergy The National Assembly approved a draft of the Law on Oil and Oil Production Management on 19 June 2019 with the approval coming amid ongoing searches for and development of oil resources on the mainland and offshore. With nine chapters and 72 articles, the draft of the Law on Oil and Oil Production Management aims to manage and develop oil resources with efficiency, transpa...

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Phnom Penh Railway Station to Become New Commercial Centre

The French-architecture styled railway station in Phnom Penh will become an attractive commercial building after foreign investors from the United States announced they would inject investment to renovate the building to become commercial centre named Royal Train Square. The announcement was recently made by the investors who said Royal Train Square will become an attractive commercial area. ...

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NR3 Near Completion, but Ministry to Reject if Lacking Quality

Photo by Ministry of Public Works and Transport After more than one year of renovation, work on National Road No.3 is almost 70% complete but the Ministry of Public Works and Transport (MPWT) will refuses to accept it if the road quality is not good enough to meet the standard and will request the company to fix it. Based on the inspection results from Kampot town to Veal Renh roundabout led...

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Angkor Dynasty Theatre Plans to Open New Facility in Sihanoukville

Photo by Angkor Zipline After reopening to the public in late 2018, the Angkor Dynasty theatre, an epic historical recreation of the culture of Angkorian era, is planning to open a new theatre in Preah Sihanoukville province. A joint investment by Cambodian Mega Asset Management and China Cultural and Industrial enterprise name MeiYi Group, the theatre was built in Siem Reap province, where ...

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Government Studies Constructing Us$64 Million Water Treatment System in Takhmao

In response to the rising demand for water consumption and the increase in investment, the government is studying a plan to construct a water treatment system in Takhmao with a capacity to filter more than 7,000 cubic metres of water per day, according to the results of the site inspection of the project on 12 June 2019. Through the inspection, led by H.E Sun Chanthol, Senior Minister, Minister...

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Royal Group to Study Coal-fired Power Plant Expansion in Sihanoukville

Photo by Ministry of Mine and Energy In response to the increasing electricity demand across the country, the government has permitted local conglomerate Royal Group of Neak Oknha Kith Meng to study the feasibility of expanding a coal-fired power plant in Sihanoukville from the current 245 to 700-megawatts. The decision was made on 12 June when representatives of the company met with the Min...

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Construction Agreements for 400mw Power Plant Signed

Photo by EDC Agreements on the 400-megawatt power plant were signed on 11 June for building generator houses in Kandal province to produce power to supply to the capital Phnom Penh. The signing ceremony was held in the presence of H.E. Keo Ratana, Director General of Electricite Du Cambodge (EDC), and the ambassadors of China, Germany, and Finland. According to the agreements, two generat...

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Study on Sre Ambel-koh Kong Road Continues

The Ministry of Public Works and Transport (MPWT) is still studying the reconstruction of National Road No.48 or Sre Ambel-Koh Kong Province, a project supported by the government of Korea, according to the outcome of the 10 June 2019 consultation meeting. The meeting was attended by H.E So Victor, Secretary of State of Ministry of MPWT, and Manager of National Road No. 48 and Korea Consultants...

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Japan Vows to Develop and Modernise Cambodia’s Seaport

Photo by Sihanoukville Autonomous Port - PAS The government of Japan has pledged to continue supporting the development and modernisation of Sihanoukville Autonomous Port in order to upgrade the capacity of the port and the logistics sector in Cambodia. In a meeting with H.E. Aun Pornmoniroth, Deputy Prime Minister and Minister of Economy and Finance, Japanese ambassador to Cambodia Horinouc...

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Construction of Mixed-use Project Prince Tian Xi Wan Begins

Photo by Prince Real Estate Group (Cambodia) Construction of the mixed-use project of Prince Tian Xi Wan in Preah Sihanouk province has begun over the weekend with the final product expected to be finished within a few years. Stretching over a total area of 340,000 square metres along Victory Beach, the Prince Tian Xi Wan by China-based developer Prince Real Estate Group is set to be a world...

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The Process of Title Conveyance in the Sale of Real Property-Sciaroni & Associates and Member of the Real Estate Practice Group

After the pre-conditions to the closing of a land sale-purchase transaction are met, the title to the real property will be conveyed to the buyer by the seller. In order to start the title transfer process, the parties will sign and thumb-print a Vente Definitive (title conveyance document) in the presence of a Cadastral officer. The parties must then submit supplemental documents as required to t...

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