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ខ្មែរ Policy and Strategy
G7 Countries to Counter China’s BRI with US$40-trillion Build Back Better World Initiative
- 14 June 2021
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 to search for a coherent response ...
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Veterans in Koh Kong to Receive Over 700 Concessional Land Plots
- 2 June 2021
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 number of eligible veterans as the number is still not clear. Aft...
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PM Hun Sen Requests US to Convert 70% of debt to Aid, the Rest to Slowly Repay at Low Interest Rate
- 2 June 2021
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 consider converting 70% of the debt repayment...
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Cambodian Government Encourages More Affordable Housing Development
- 28 May 2021
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 policy focusing on providing ...
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Singapore Pledges to Continue Cooperation on Enhancing Logistics System in Cambodia
- 12 May 2021
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 May. HE Teo Lay Cheng stated that Singap...
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Progress Update on Five Affordable Housing Projects in Cambodia
- 5 May 2021
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 progress update on those five projects: 1) Arakawa Affordable Hou...
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ADB Prepares Over US$1.3bn in Loans & Aid for Cambodia for 2021-2023
- 29 April 2021
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 loans while another US$32.4 million is in grant aids. ADB...
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ADF Helps Cambodia Develop a Long-Term Energy Trajectory-Modelling Tool
- 27 April 2021
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 long-term low carbon development plan...
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Land Ministry Speeding Up Work on Land Usage Masterplan in Sihanoukville
- 27 April 2021
The Ministry of Land Management, Urban Planning, and Construction (MLMUPC) recently chaired a meeting to review and speed up the progress of land usage planning in Sihanoukville with the aim of boosting the province's potential.. Held on 27 April via zoom, the meeting focused on the two major areas, including the Sihanoukville download (vision to 2038) and the Boeung Kang Kep development zone. ...
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Will Conflict Between China and Australia Over BRI Contract Affect Cambodia?
- 23 April 2021
Photo credit to Wccftech On 21 April, the Australian government announced it would revoke contracts signed by the state of Victoria with China over the Belt and Road Initiative in 2018 and 2019, stating that they were out of line with Australia’s foreign policy and their action is to prevent Australia from hosting a giant infrastructure scheme used for propaganda. China in response claimed t...
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