Knowledge and Key Success
PM says new construction law to help reduce building collapse
Prime Minister Samdech Techo Hun Sen said the newly adopted construction law will help reduce building collapses caused by failure in construction standards and quality. The Prime Minister made the statement as he was speaking at a press conference on 05 January 2020 on the result of the rescue mission of the building collapse in […]
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Six-storey building collapses in Kep province, killing 7 and injuring 25
A six-storey building under construction in Kep province collapsed on 03 January, killing 7 people and injuring 25 others as rescue work continues. The building, located in Kep Village, Sangkat Kep, Kep City, Kep Province, collapsed at 4:15 pm on 03 January. According to a press release from Kep Provincial Hall, as of 04 January, […]
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Cambodia’s economic growth expected to reach 7% in 2020
Cambodia’s economic growth is projected to reach around 7% by 2020 due to growth in exports, foreign investment inflows, tourism, and construction and real estate, sectors which are expected to enjoy continued growth. In a macroeconomic and banking progress outlook for 2019 and 2020 released on 02 January, the National Bank of Cambodia projects that […]
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Experts: Luxury hotel closures related to internal issues
A number of four-star and five-star hotels have recently announced the closure of their businesses citing economic reasons for their demise. Tourism experts have said that business closures are not a bad sign for tourism in general. The 23-year-old former Inter-continental in Phnom Penh -The Great Duke Hotel – announced the closure of its operations […]
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Land Management Ministry to collect revenue from electronic cadastral information service
The Ministry of Land Management, Urban Planning and Construction will collect revenue from an electronic-based cadastral information service, for which the revenue will be registered as income for the national budget. According to the inter-ministry prakas on providing electronic-based cadastral information service dated on 24 December, the procedure for collecting income will be announced later […]
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Investors Shift Interest to Properties Outside Phnom Penh
In Phnom Penh, developers have been focusing on launching new housing and condominiums over the past years.
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Poipet PPSEZ Opens Officially
The Poipet PP Special Economic Zone (Poipet PPSEZ), a wholly-owned subsidiary of the Phnom Penh Special Economic Zone, was officially opened for operation on 9 December in Poipet city, Banteay Meanchey province. The launch ceremony was held at the same time as the official opening of Japanese firm Sumitronics which has invested in the zone. […]
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Close to 200 Construction Sites in Preah Sihanoukville Called by Land Ministry and Provincial Authority
The Ministry of Land Management Urban Planning and Construction (MLMUPC) in collaboration with the Preah Sihanouk Provincial Administration have held a public meeting on construction safety and quality with around 195 construction site owners attended, said Preah Sihanouk Provincial Administration. During the 4 December meeting, H.E Lao Tip Seiha, Secretary of State of the MLMUPC […]
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Government official, winners of SCG contractor competition 2019 call on young people to consider skills training
Phnom Penh, Nov 28, 2019 – Expert official and award-winning local builders from the annual SCG contractor competition 2019 have encouraged young people to pursue technical and vocational training for skills currently on high demand in the job market, including in construction sector. Mr. Hing Sideth, director general of TVET general department of the ministry […]
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Thirty-five major Chinese companies interested in investing in Kampong Speu
The Kompong Speu provincial administration said on 27 November that 35 large companies from China were interested in investing in the province. Kompong Speu Provincial Governor, Vei Samnang met with the representatives of the companies who came to explore investment opportunities in the province. The governor told them about the potential of the province, especially […]
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