Policy and Strategy
Six Regions in Mondulkiri Selected for Tourism Masterplan Development
The Cambodian government has chosen six regions in Mondulkiri province for a tourism development masterplan, with the aim of turning Mondulkiri into the fourth kingdom’s fourth economic pole. According to an official meeting regarding the draft masterplan for tourism development of Mondulkiri Province (2021-2030) on 28 June, those six regions are: 1. The 5 wildlife […]
Read MoreCCA Embraces Online Approach to Promote Connectivity Among Members Amid Pandemic
The Cambodia Constructors Association (CCA) continues to embrace an online approach to help promote business activities, knowledge, and connectivity among its members and non-members amid the pandemic. CCA Secretariat General Manager Mr Chhiv Sivpheng said that the association has been active, at least on the online platform, even during the lockdowns and afterwards. “We have […]
Read MoreG7 Countries to Counter China’s BRI with US$40-trillion Build Back Better World Initiative
The United States and other members of the G7 have revealed their plan to counter China’s BRI by offering developing countries transparent infrastructure plans otherwise known as the US$40-trillion Build Back Better World (B3W) initiative, reported Reuters. The 7 nations discussed this matter during their meeting in England last week, where one agenda item was […]
Read MoreVeterans in Koh Kong to Receive Over 700 Concessional Land Plots
The Koh Kong Provincial Administration plans to allocate 691.14 hectares of social land concessions to veterans in Andong Toek commune, Botum Sakor district, Koh Kong province, according to a meeting on 01 June 2021. Koh Kong Deputy Governor Sok Sothy said in the meeting that, at this stage, the team is working on counting the […]
Read MorePM Hun Sen Requests US to Convert 70% of debt to Aid, the Rest to Slowly Repay at Low Interest Rate
In a meeting with US Deputy Secretary of State Wendy R. Sherman yesterday, Cambodian Prime Minister Hun Sen requested the United States to reconsider debt repayment methods for Cambodia. The request includes allowing Cambodia to repay debt slowly and gradually with interest not exceeding 1%. Besides, PM Hun Sen also requested the United States to […]
Read MoreCambodian Government Encourages More Affordable Housing Development
The Cambodian government is urging both domestic and foreign investors to develop more affordable housing in Cambodia in response to increasing demand. HE Benghong Socheat Khemro, Director General of the General Department of Housing of the Ministry of Land Management, Urban Planning and Construction (MLMUPC), said that the government has set out a housing national […]
Read MoreSingapore Pledges to Continue Cooperation on Enhancing Logistics System in Cambodia
Cambodia and Singapore have committed to expanding cooperation on logistic infrastructure system, to help Cambodia become one of the most competitive trade centres in the region. The commitment was made during an official meeting between Minister of Public Works and Transport HE Sun Chanthol and new Singapore Ambassador Cambodia HE Teo Lay Cheng on 11 […]
Read MoreProgress Update on Five Affordable Housing Projects in Cambodia
To date, Cambodia has a total of five approved affordable housing projects, three of which are landed properties with a total of 8,331 houses, and two others are co-owned buildings with a total of 7,256 units, according to the latest data from the Ministry of Land Management, Urban Planning and Construction (MLMUPC). Here is a […]
Read MoreADB Prepares Over US$1.3bn in Loans & Aid for Cambodia for 2021-2023
The Asian Development Bank (ADB) has prepared a total of over US$1.3 billion in loans and grant aid for Cambodia to support the country’s economic development and recovery from the COVID-19 pandemic. According to an ADB report released on 28 April, of the total lending pipeline for 2021-2023, US$1.35 billion is in form of concessional […]
Read MoreADF Helps Cambodia Develop a Long-Term Energy Trajectory-Modelling Tool
Agence Française de Développement (AFD) has provided €300,000 to help Cambodia develop a long-term energy trajectory-modelling tool, according to a press release early this month. The fund is provided through a program entitled “Energy Sector Modelling Tool for the Ministry of Economy and Finance of the Royal Government of Cambodia”, with the aim to support […]
Read More