Policy and Strategy
PM: Residents of Run Ta Ek to Get Full Hard Titles, Not Social Concessional Titles
People who relocated from Angkor Park to Run Ta Ek and Peak Sneng will receive full hard title deeds, not social concessional ownership documents, according to Samdech Prime Minister Hun Sen. PM Hun Sen gave this order during the site inspection on 21 October, asking the Ministry of Land to conduct the systematic land registration and issue hard titles for people after they moved in. "I thin...
Read MoreAuthority Urges People to Not Sell Concessional Land Obtained Via LASED III
A senior official of the Ministry of Land Management, Urban Planning and Construction has urged people not to sell social concessional land obtained from the Land Allocation for Social Affairs and Economic Development Project Phase III (LASED III) in Kbal Damrey commune, Sambo district, Kratie province. H.E Rath Hok, Undersecretary of State of the Ministry of Land Management, Urban Planning and...
Read MorePM Orders Crackdown on Illegal Gambling & Related Crimes, Pushing Local Authorities to Take Prompt Action
Prime Minister Hun Sen has ordered a crackdown on illegal gambling and related crimes in a timely manner, emphasizing that Cambodia does not allow "anarchy" to occur on its soil. According to a voice message on 17 September, the PM strongly ordered the provincial and regional authorities to take responsibility, warning them he would remove the, from their positions if found to be negligent or i...
Read MoreFuture of Unfinished Construction in SHV: Perspective of Investors, Government & Locals
After the Cambodian government shut down online gaming in Sihanoukville, combined with the arrival of the COVID-19 pandemic in 2020, Sihanoukville’s economy plummeted while the overheated real estate market in the province finally cooled and dramatically so. After Chinese investors left Cambodia, a total of 1,155 construction projects were left unfinished with the rental price of real estate in...
Read MoreGov’t Gifts 1.4 million Hectares of Social Concessional Land to Veteran Families
To date, the government has provided a total of almost 1.4 million hectares of social concessional land to veteran families and border guards. The figure was explained by HE Seng Lot, Director General of the Administration Department of the Ministry of Land Management, Urban Planning and Construction in a press conference on 24 August. “To show gratitude to veterans and border guards who hav...
Read MoreGovernment bond issuance is expected in August or September this year
The government is preparing to issue 1.2 trillion Riel (equivalent to US$300 million) government bonds in 2022 to raise capital from the stock market to develop the national economy. HE Meas Soksensan, Secretary-General, and spokesman for the Ministry of Economy and Finance stated that the government may issue the bond in August or September, while the ministry is currently finalizing procedure...
Read MoreChina Hands Over Intermodal Transport Master Plan to Cambodia
The study report on the “Intermodal Transport Master Plan for Cambodia”, which was supported by China, has been handed to Cambodia as a basis for the Comprehensive Master Plan on the Cambodian Intermodal Transport 2022-2030. Held on 03 August, the handover ceremony was presided over by members of the Supreme National Economic Council HE Ros Seilava, representatives of the Chinese company, offic...
Read MoreMoE Validates 10 Activities to Transform Sihanoukville into Environmentally Friendly Multi-Purpose Economic Zone
The Ministry of Environment (MoE) has validated 10 activities within a technology action plan (TAP) of the Technology Need Assessments Project (TNA) to support the implementation of environmentally friendly technology for special economic zones in Sihanoukville, according to a validation workshop on TAP of TNA on 15 July 2022. The workshop has validated 10 activities of TAP including 1) Use of ...
Read MoreMy 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 bureaucratic details. For Cambodia My Second Home, th...
Read MoreCambodia 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 US$50 billion to develop about 330 projects in the next 10 years...
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