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ខ្មែរ Policy and Strategy
Half of Government’s Public Investment Allocated to Infrastructure Sector
- 9 October 2020
The Cambodian government has approved 629 public investment projects, worth over US$12 billion, of which 50% has been allocated to infrastructure development, according to the 2021-2023 public investment bill approved by the cabinet on the morning of 09 October. Among all the projects, 203 projects are being implemented, using US$8.3 billion in capital. Meanwhile, the other 426 projects are abo...
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National Police Chief Urge Strengthening Security in Condos and Boreys
- 9 October 2020
The National Police and the Phnom Penh Municipal Administration have issued eight new sets of guidelines for all real estate developers to practice, aiming at strengthening security and safety in condos and boreys across Phnom Penh city. The guidelines were announced during a joint meeting between the National Police Chief General Neth Savoeun and Phnom Penh Governor HE Khuong Sreng Kar on 08 O...
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Defence Minister: Demolition of US-funded Defense Facility in Ream Not a Political Gesture
- 5 October 2020
Deputy Prime Minister and Defence Minister Samdech Tea Banh clarified that the demolition of a US-funded Defence Facility in Ream last month is for development purpose with no intention to please any countries, according to AFP on 04 October. This explanation was made in response to the rumours claiming the demolition of this US building is a Cambodian government political gesture leaning towar...
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Sihanouk Provincial Hall Mulls Giving Land to 53 Koh Rong & Koh Rong Samloem Families
- 2 October 2020
Sihanoukville Provincial Administration is working on the possibility of giving to land to 53 families who have proof of occupying land in Sangkat Koh Rong and Sangkat Koh Rong Samloem Province, according to the administration’s announcement on 19 September. The announcement stated that those 53 families are required to submit the proof or related documents before 16 October 2020; otherwise, th...
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Does renovating an existing property require a permit?
- 29 September 2020
Before starting any construction project, the project owner must first apply for a construction permit from different authorities depending on the type and size of the project. What about renovate or reconstruct an existing building, does the owner require to ask for a permit? Construction Law in 2019 stated that all renovating or restoring project is required to ask for a permit from the relev...
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Government Extends Property Tax Payment Deadline to 31 October
- 26 September 2020
The Cambodian government has decided to extend the property tax payment deadline to 31 October 2020, according to an official notice from the General Department of Taxation (GDT)’s on 25 September. The deadline was originally set for 30 September. However, since many property owners have yet to pay their tax, the GDT decided to extend the deadline to October. The notice also stated that thos...
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Thailand Leads ASEAN Smart Cities Initiative
- 24 September 2020
At the ASEAN 2019 Summit prior to the emergence of the COVID-19 pandemic, member nations discussed harnessing technology to achieve sustainable security and development and boost connectivity and cooperation. At the summit, Thailand presented the Eastern Economic Corridor (EEC) initiative with its 4.0 economic blueprint aiming to convert three provinces into smart cities and ultimately develop ...
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Cambodia Urges US firms to Invest in Infrastructure Development
- 14 September 2020
Minister of Public Works and Transport HE Sun Chanthol has urged US construction firms to invest in infrastructure development in Cambodia. This proposal was made during an official meeting between HE Sun Chanthol and US Ambassador to Cambodia Patrick Murphy on 11 September. HE Sun Chanthol stated that there are currently many projects under construction, such as roads, bridges, and wastewat...
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How Will Capital Gains Tax Affect the Real Estate Market in Cambodia?
- 11 September 2020
The implementation of the 20% captain gains tax starting from January next year has become a controversial debate in Cambodia following the announcement last month, especially within the real estate sector (Read more). Some have claimed that the tax is way too high and is not the right time amid the COVID-19 crisis. Others have said it is an effective way to control unregulated inflated propert...
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Kampot Administration Process Land Acquisition to Long-term Occupants in Bokor National Park
- 10 September 2020
The Kampot Provincial Administration is currently reviewing the applications and will soon gift land to those eligible long occupants in Bokor National Park, according to the work progress meeting on 09 September. Undersecretary of State at the Ministry of Environment HE Saut Yea said in the meeting that land ownerships would be granted only to those who are eligible. “Before granting the la...
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