Policy and Strategy
My Second Home Impel Cambodia to compete with Thailand
Cambodia My Second Home has impelled Cambodia to become a competitor to Thailand to attract foreign investors through real estate developments. This is according to pattayamail published on July 12, 2022. Cambodia My Second Home is not the same as the 10-year visa application for the new Thai Immigration Initiative, as it does not provide […]
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Cambodia Needs Almost US$50 billion to Implement 330 Projects in the Next Decade
Cambodia will need nearly US$50 billion to implement 330 transportation system projects over the next 10 years, according to HE Sun Chanthol, Minister of Public Works and Transport, during a working meeting with a delegation from CMA CGM (Cambodia) Co., Ltd on 14 June 2022. HE Sun Chanthol said that Cambodia needs to invest nearly […]
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IMF: World to Gain Nearly US$78 Trillion Over Coming Decades by Making Energy Transition
In the upcoming decades, the world will gain US$77.89 trillion by replacing coal with renewable energy, according to a publication of the International Monetary Fund (IMF) on 8 June 2022. The net gain of this transition presents represents around 1.2% of the current world GDP every year until 2100. The IMF added the amount of […]
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Cambodia Hosts 25th Mekong Subregion Transport Forum
The Mekong Sub-Region Transport Forum was held in Siem Reap province, Cambodia, where representatives of the Mekong sub-region member countries discussed certain topics of cross-border trade, railway development, and logistics improvements. The forum was organised by the Ministry of Public Works and Transport, chaired by Secretary of State HE Trac Thai Sieng, and was attended […]
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MME Urges Implementation of Two Major Clean Energy Efficiency Projects
The Ministry of Mines and Energy (MME) has announced the implementation of two projects, including an energy efficiency project for Royal Government buildings and a pilot project to supply electricity to villages without electricity through a solar power system connected to a small power supply network. This is according to the dissemination workshop on 09 […]
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MEF Cooperates with KDI Studying Cambodian Real Estate Market Risk
The Ministry of Economy Finance (MEF) in cooperation with the Korean Development Institution (KDI) has been studying to form a policy for checking Cambodian real estate risk to assess real estate and construction market risk in Cambodia, according to a discussion workshop on 26 May 2022. This study project has been launched on 1 April […]
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Koh Kong to Distribute Land Titles to People Under Union Development Land Exchange
The Koh Kong Provincial Administration will distribute land titles to people who have received compensation from Union Development Co Ltd in Ta Noun and Thmor Sor communes, Botum Sakor district, Koh Kong province. According to the announcement of the provincial administration issued on 08 June, the villagers in Thmor Sor and Ta Nuon communes, Botum […]
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NBC, National Institute of Statistics Oofficially Launches Residential Property Price Index
The National Bank of Cambodia and the National Institute of Statistics of the Ministry of Planning have officially launched the Residential Property Price Index, which is measure and determines specific real estate and construction appraisals as a basis for banking institutions to avoid risks. The launching ceremony of the Residential Property Price Index was held […]
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Cambodia, World Bank Discusses Strategy to Reduce Logistics Costs in Cambodia
The Ministry of Economic and Finance and the World Bank discussed developing strategies to reduce logistics costs and create a more efficient transportation and logistics system in Cambodia. The discussion took place in a meeting between HE Vongsey Visoth, Minister Delegate to the Prime Minister and Secretary of State for the Ministry of Economy and […]
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GDT implements real estate surveys in provinces
The General Department of Taxation is conducting a property survey in Siem Reap province after completing tax services to property owners in 14 districts of Phnom Penh and some provinces, including Kandal, Battambang and Banteay Meanchey. Real estate surveys are essential to gather information for the modernization of taxpayer services by paying taxes at partnered […]
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