By 2024, Cambodia Completed Nearly 8,000 Hectares of State-Owned Private Land Registration Covering Four Strategic Locations
Cambodia made significant strides in land management in 2024, with the Ministry of Land Management, Urban Planning, and Construction successfully registering 7,725.30 hectares of state-owned private land across four major locations. The registered sites include 892.19 hectares in Romdos Sre commune, Choam Ksan district, Preah Vihear province; 4,806.42 hectares in Rayor commune, Mondulkiri provi...
Read MoreRoyal Railway Receives First Shipment of 221 Flat Wagons to Enhance Cambodia’s Rail Freight Services
Royal Railway Plc, a subsidiary of the Royal Group, has delivered 60 new flat wagons, the first shipment in a larger order of 221 wagons from China. The wagons, which arrived on the evening of 1 December 2024, are part of the company’s ongoing effort to expand its rail freight capabilities, providing improved logistics solutions across Cambodia and the region, according to a press release issued o...
Read MoreSingapore Firm YCH Group Plans to Revolutionise Cambodia’s Logistics Sector
Cambodia’s logistics sector is poised for a transformation as Singapore-based YCH Group reaffirms its commitment to investing in the country’s connectivity infrastructure. Following a productive meeting with PM Samdech Hun Manet, Mr. Robert Yap, Chairman of YCH Group, expressed the company’s enthusiasm for Cambodia’s potential, highlighting plans to enhance transportation and logistics services...
Read MoreCritical Analysis of Cambodia’s Stamp Duty Exemption Policy for Properties Valued at USD 70,000 or Less
The Cambodian government’s decision to introduce a stamp duty exemption for properties valued at USD 70,000 or less is a policy aimed at alleviating the financial burden on property buyers and stimulating the real estate market. However, while this policy appears beneficial on the surface, a deeper analysis reveals both advantages and disadvantages that raise questions about its overall efficacy. ...
Read MoreCambodia’s Exports Surge by 16%, Reaching Nearly USD 22 Billion in 2024
Cambodia recorded a remarkable export performance in the first 10 months of 2024, with international shipments valued at nearly USD 22 billion, representing a 16% growth compared to the same period in 2023. The Ministry of Information highlighted these figures on 13 November 2024, showcasing the country's expanding global trade footprint. The United States remained Cambodia's largest export des...
Read MoreThe Future of Infrastructure Engineering is Open
By Nicholas Cumins, Chief Executive Officer This post is an excerpt from the keynote delivered by Bentley CEO Nicholas Cumins to open the 2024 Year in Infrastructure conference. Infrastructure today is facing unprecedented challenges. Around the world, demand for better, more resilient infrastructure is surging—whether it is to expand energy grids, modernize transportation networks, or retro...
Read MoreBorey Peng Huoth Partners with Hong Leong Bank to Offer Unmatched Home Loan Solutions in Cambodia
Borey Peng Huoth, a prominent Cambodian real estate developer, has joined forces with Hong Leong Bank to launch a transformative home loan program. This partnership offers homebuyers interest rates starting at just 7% per annum, with loan terms extending up to 25 years. Customers can move into fully completed prefabricated homes within one week, marking a game-changing advancement in Cambodia's...
Read MoreNR 31 Rehabilitation Project Achieves Full Completion
The rehabilitation and upgrade of Cambodia’s NR 31, spanning 53 kilometers, has reached 100% completion, marking a major milestone in the nation’s infrastructure development. The project, connecting Bek Kous at the NR 3 intersection to Kampong Trach district town and linking with NR 33, was officially announced as completed on 28 November 2024. This achievement was confirmed during a site inspe...
Read MoreCambodian Government Allocates USD 100 Million to Complete Land Registration Nationwide by 2029
The Cambodian government has earmarked USD 100 million to finalize nationwide land registration by 2029, underscoring its commitment to addressing longstanding land disputes. PM Samdech Hun Manet announced the initiative during the Ministry of Land Management, Urban Planning, and Construction’s annual review and planning ceremony on 26 November 2024. The comprehensive plan aims to train over 5,...
Read MoreCambodian Government Commits to Rebuilding Boeung Chhouk Market in Battambang for Affected Traders
The Cambodian government has announced a comprehensive plan to reconstruct the Boeung Chhouk Market in Battambang, which was severely damaged in a fire on 3 November 2024, destroying nearly 150 stalls. PM Samdech Hun Manet confirmed the project during the inauguration ceremony of achievements in the Boeung Chhnuk Techo Win-Win Development Zone on 29 November 2024. The rebuilding initiative will...
Read MorePM Halts Issuance of Brewery Licenses for Domestic Distribution to Bolster Market Stability
In a landmark decision to regulate Cambodia’s brewery industry, PM Samdech Hun Manet announced a ban on issuing new licenses for breweries targeting the domestic market. The announcement was made during the closing ceremony of the Ministry of Mines and Energy's annual meeting, summarising 2024 results in November. PM Hun Manet clarified that breweries focused on export production will continue ...
Read MoreCDC Unveils Groundbreaking Investment Project Management System to Boost Investor Confidence
The Council for the Development of Cambodia (CDC) has officially launched the innovative “CDC Investment Project Management System (cdcPM),” a state-of-the-art digital platform designed to simplify and streamline the investment application process. This system allows investors to apply from anywhere and anytime, enhancing efficiency, reducing processing times, and ensuring greater transparency ...
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