Thailand Leads ASEAN Smart Cities Initiative

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

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?

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

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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362 Officials Assigned to Oversee Nationwide Implementation of Construction Law

The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has appointed 362 officials to oversee the implementation of the construction law, including inspecting, monitoring, and investigating all construction developments nationwide. The special team, including those from the national and sub-national levels, were appointed following Prakas No 141 dated 04 September 2020. Their...

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PM Hun Sen Approves US$150 million Budget for Constructing 38 Roads in Siem Reap

Cambodian Prime Minister Samdech Hun Sen approved a US$150-million national budget to develop 38 roads in Siem Reap province on 04 September. With a total length of 98km, the project has been studied by the Ministry of Public Works and Transport for a while. These 38 roads will be interconnected with other main road systems in Siem Reap province. (Read more) According to PM Samdech Hun Sen, ...

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New Law Allows More Foreign Workers Amid High Labour Demand in Construction Sector

Photo: the print.in The Ministry of Labour and Vocational Training announced in a Prakas that companies are now allowed to employ more foreign workers if they cannot find enough local staff, amid a high demand for labour in the construction sector. According to the Prakas published on 14 August 2020, companies are now permitted to hire foreign workers of a greater number than the legal stand...

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Growth of Coal Power Plants Discouraging FDI over Environmental Concerns

Some major brands including H&M, Adidas, Puma, Gap, and others have expressed concern and reluctance to continue investing in Cambodia due to the growth of coal power plants, which is not green energy, according to the Nikkei Review Asia on 12 August. These firms have sent a letter of concern to the Cambodian government stating that the policy of increasing coal power plants rather than ren...

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Sihanoukville Governor Requests Japan to Help Build Tourist Port and Health Centres

Sihanoukville Governor H.E Kuoch Chamroeun has requested the Japanese government to provide grant aid to support the construction of a tourist port in Sihanoukville and for health centres in Ream and Koh Rong. The request was made during an official meeting on 30 July with the governor and H.E Mikami Masahiro, Ambassador of Japan to the Kingdom of Cambodia. Ambassador Mikami has yet to r...

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City Hall: All Unsafe Buildings Prohibited or to be Demolished as Necessary

Phnom Penh Governor H.E Khuong Sreng has urged all relevant authorities to ban, or demolish if necessary, for illegal and unsafe buildings and advised people to be more cautious about dilapidated buildings, according to the Ministry of Information. The governor made the statement during a meeting with related officers regarding construction inspections in Phnom Penh on 24 July. “For any cons...

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