Policy and Strategy
Rooftop solar PV installation can reduce climate change risk and increase investment
Rooftop solar PV or known as Solar Photovoltaics installation has been mentioned as one of the solutions to reduce the risk of climate change and increase more investment in the report of De-Risking Renewable Energy Investment in Cambodia (DREI). The National Council for Sustainable Development (NCSD) recently launched two reports, ‘Addressing Climate Change and Economic Growth in Cambodia’ and...
Read MoreADB says real estate credit poses challenge to Cambodia’s GDP growth
The Asian Development Bank (ADB) has recently forecasted that Cambodia’s GDP to grow at 7.0% this year while suggesting that the country should reduce financial risk poses by credit on the real estate sector. According to the recent press release of its latest report, Cambodia’s growth remains driven by the four traditional sectors such as garments, tourism, trade, and construction, but with th...
Read MoreCambodia to use income from oil sector on infrastructure development
The Cambodian government has announced that income from the oil sector will be used to build infrastructure such as roads, bridges, and airports. The remarks were made ahead of the first drop of oil expected to be extracted in Cambodian waters by the end of this year or earlier next year. Speaking at a graduation ceremony held this morning, Samdech Techo Hun Sen, Prime Minister of Cambodia, ...
Read MoreLand ministry announces land use master plan 2035 for Siem Reap
The Ministry of Land Management Urban Planning and Construction (MLMUPC) published the land use master plan 2035 for Siem Reap on 20 September which will serve as a basis for the land management and development direction of the province. Base on this master plan vision, the government will design and develop ‘Siem Reap City as a pole for cultural, historical, and tourism world heritage’. The mi...
Read MoreCambodia, Thailand agree to resume OCA talks
After nearly two decades of hiatus, Cambodia and Thailand have agreed to resume talks on development of their overlapping claims area (OCA) on offshore oil fields, on the principle that it should be developed based on mutual interests. The agreement to resume talks was made in a meeting between the Cambodian Ministry of Mines and Energy and the Thai Energy Ministry held in Bangkok, last week. ...
Read MoreCambodia, Thailand discuss on energy cooperation
Cambodia and Thailand discussed on Thursday on energy cooperation as Thailand have surplus energy generation and Cambodia is in need to increase power. According to Bangkok Post reported today, the discussion meeting was held between Ministry of Mines and Energy led by H.E. Suy Sem and his Thai counterpart Sontirat Sontijirawong in Bangkok in the sidelines of the meeting of ASEAN Energy Ministe...
Read MorePhnom Penh Moving Toward Being Smart City, Say Experts
While the term ‘smart city’ became trendy in response to an increasingly crowded world, experts from across different fields sat down on 25 June to assess how Phnom Penh has adopted the concept and discuss possible future plans. Under the theme 'Smart Cities: The Future of Urban Development', the event was co-organised by international real estate agent CBRE Cambodia, investment and tax advisor...
Read MorePM CANCELS AIRPORT EXPRESSWAY
Hope among the public and transport officials for a fast commute between downtown and Phnom Penh International Airport on a new elevated expressway has vanished after Prime Minister Hun Sen cancelled the proposed expressway development in April. Speaking at the inauguration of the new City Hall administration building on 4 April, the prime minister explained that the decision to cancel the plan...
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