China 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...

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MoE 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 ...

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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 bureaucratic details. For Cambodia My Second Home, th...

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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 US$50 billion to develop about 330 projects in the next 10 years...

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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 money calculated for the cost of replacing coal with renewables, a...

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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 by a total of 128 ...

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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 June 2022, chaired by HE Dr Ty Norin, ...

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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 2022 under the Knowledge Sharing Program (2021-2022). Acc...

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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 Sakor district, Koh Kong province, who own the...

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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 on June 6 in the presence of H...

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