Laws and Regulation
Kato crane overturned on vehicles in Sihanoukville
A crane that was lifting construction materials overturned and crashed on vehicles on Apsara Photo Express road in Sangkat 2, Sihanoukville, on the morning of March 16, 2020. According to a Facebook page, Huy Bunleng News, the incident was caused by a yellow Kato crane with no license plate belongs to a man named Tay, […]
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Samdech Techo asks developers to delay real estate payment for workers
Covid-19 respiratory infections have caused negative effects on the economy and in particular in the property sector. In response, Cambodian Prime Minister Samdech Hun Sen requested real estate companies to provide workers with compensation and delay payments as much as possible. The request was made at the opening ceremony of National Road 55 and National […]
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Chroy Chongva Lucky Supermarket branch ordered to move
The Lucky Supermarket branch located near Bayon roundabout in the Chroy Chongva area has been ordered to move to new a location as the current location creates traffic congestion due to its lack of parking facility on its narrow land plot. In a statement from the Chroy Chongva district administration dated 3 March, business owner […]
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Siem Reap governor orders demolition of legally unapproved buildings
The Siem Reap governor has ordered the demolition of any building that was not approved by the law, even it is 50% completed, to improve the quality of construction and meet technical standards. Siem Reap Deputy Governor H.E. Tea Seiha made the announcement on 4 March 2020 during the 2019 Final Annual Review Conference and […]
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PM postpones construction projects to fight against COVID-19
Construction projects scheduled to start in 2020 must be postponed due to COVID-19, according to Samdech Techo Hun Sen’s speech on 3 March 2020 at the 2019 Annual Review Conference and the 2020 Ministry of Health’s Continuing Direction. “Any construction sites that have not been built must be suspended, except for foreign-funded or Cambodia’s budget […]
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PM Hun Sen: Stamp duty exemption also includes condos
Prime Minister Samdech Hun Sen has clarified that the stamp duty tax exemption also includes condominiums, as long as the property worth less than US$70,000. Samdech Hun Sen gave this statement during the inauguration ceremony of National Road 58 on 26 February. “Anyone who has enough money and buys a house worth under US$70,000; they […]
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Gov’t calls for property developers to join with stamp duty tax exemption
The government has called on property developers to lower the cost of housing given that property tax on properties worth less than US$70,000 will be exempted from tax duty for a year in 2020. On the morning of 02 March 2020, H.E Kong Vibol, Director General of General Department of Taxation, urged all property developers […]
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Samdech Sar Kheng: NR development proposals shall be requested in package
Samdech Sar Kheng, Deputy Prime Minister and Minister of Interior suggested that the next proposal for national road development should be requested as a package, as this would make it easier for approval and the construction itself. Samdech Sar Kheng made this statement at the Road Safety Monitoring Meeting on 27 February. “Whenever we propose […]
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Construction law will encourage more responsibility and trust in real estate investment
By Chhaya Addressing the 3rd Workshop on “Construction Law” Dissemination Seminar on Construction Professionals at the Garden City Hotel in Phnom Penh, On February 21, 2020; Deputy Prime Minister Chea Sophara, Minister of Ministry of Land Management, Urban Planning and Construction (MLMUPC) talked about the importance of implementation of the newly adopted “Construction Law” which […]
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Tax on agricultural land exempted for another 100 years, says PM Hun Sen
The government has exempted tax on agricultural land for more than 41 years and will continue to exempt it for another 100 years or as long as the ruling party is in power, according to the prime minister. Samdech Techo Hun Sen made the announcement on 26 February during the inauguration ceremony for the official […]
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