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ខ្មែរ Knowledge and Key Success
Government Grants Licenses to More Than 200 Residential Developers
- 22 June 2019
More than 200 residential developers have been granted permission to operate their housing developments, according to a senior official from the Ministry of Economy and Finance (MEF). Speaking at the Purchase-Sale Agreement event of Arakawa residence earlier this week, Deputy Director-General of the MEF’s Finance Industry Department, H.E Ros Phirun said as of May 2019, the ministry had granted ...
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Construction Sector to Grow Stronger in 2019
- 21 June 2019
As the construction sector continues to enjoy unprecedented growth, 2019 is expected to see a higher growth rate than in 2018, according to senior officials from the Ministry of Land Management Urban Planning and Construction (MLMUPC). Speaking on the sidelines of the Cambodia-Korea Construction Materials Roadshow, H.E Chhan Soriyakphal, Director General of the Ministry of Land Management Urban...
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Eu Bank Provides Close to Us$100 Million to Build Clean Water Plant in Phnom Penh
- 21 June 2019
The European Investment Bank (EIB) has provided a loan of €85.9 million (about US$$96.14 million) to the Royal Government of Cambodia for the construction of a water treatment plant northern Phnom Penh’s Bakheng area. The concessional loan agreement was signed by the European Investment Bank with the Phnom Penh Water Supply Authority in Brussels, Belgium, on June 18 to improve supply for clean ...
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Islands Established as New Districts of Preah Sihanoukville Province
- 20 June 2019
Photo by Travolution360 The government has issued a sub-decree establishing two new districts on nearby islands. Koh Rong and Koh Rong Sanleum are one district with Koh Rong designated as a city. The establishment of Koh Rong city comes as both islands become a hub for national and international tourists. The establishment of new city was promulgated on 19 May in the presence of H.E Yun Min,...
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150MW Coal-fired Plant Expected to Come Online in October
- 19 June 2019
A new coal-fired power plant in Preah Sihanoukville province with a capacity of 150MW is expected to come online in October. The new power generating plant is becoming operational as Cambodian government strives to become energy sufficient. H.E. Victor Jona, spokesman and director general of Ministry of Mines and Energy, said that the power plant is the second investment of Cambodia Energy Co L...
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World Biggest Airport in Beijing China Set to Open on September
- 19 June 2019
Photo by corporatemaldives.com The world to be biggest airport in terms of passenger capacity the Beijing Daxing International Airport in China is set to open on September this year following a fast track construction. According to Civil Aviation Administation of China (CAAC), airport which sit on an area of 2,680 hectares located in Daxing will finish construction in June 30 and begin opera...
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Dara Sakor International Airport Set for Completion in 2020
- 17 June 2019
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
- 17 June 2019
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
- 15 June 2019
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
- 14 June 2019
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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