PM Hun Sen: Cambodia Oil Extraction Going Smoothly, Yet to Contribute to the Economy

After a month of production, the Apsara oil station continues to operate smoothly, but the revenue earned from oil is not yet large enough to contribute to the economic recovery, according to PM Samdech Hun Sen on 01 February. (Read more) Samdech Hun Sen said that Cambodia has been producing oil for 33 days since 29 December, extracting about 40,788 barrels in total or about 1,236 barrels per d...

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Gov’t to Request World Heritage Site Status for Tbaeng Mountain in Preah Vihear Province

The inter-ministerial body will soon propose to UNESCO to designate Tbaeng Mountain in Preah Vihear province as a World Heritage Site, according to Ministry of Environment spokesman Neth Pheaktra during an inspection on 29-31 January 29. Mr Pheaktra said that after a detailed study, the Tbaeng Mountain historical site was selected among three other sites, including Prek Kampi, Prek Prasop and T...

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Domestic Development Projects Not Solely Dependent on Foreign Debt, says PM Hun Sen

Cambodia Prime Minister Samdech Hun Sen has clarified that the government always contributes to the budget for domestic development projects and does not solely depend on foreign financial aid. During the Bakeng water treatment plant ground-breaking ceremony on 01 February, PM Hun Sen said that the government always saves up and contributes to necessary development projects. “Every project r...

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Local Investment Expected to Reach US$1.4 billion in 2021, Infrastructure Projects Allocated Majority

A total of US$1.4 billion local investment is expected for 2021, the majority of which will be allocated for infrastructure development projects, according to PM Samdech Hun Sen during the Bakeng water treatment ground-breaking ceremony on 01 February. PM Hun Sen said that this investment figure does not yet include direct foreign investment. "In 2021, we plan to invest approximately US$1.4 ...

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Ground Broken on Bakeng Water Treatment Plant, Chamkarmorn Plant Inaugurated

Cambodian Prime Minister Samdech Hun Sen broke ground on the morning of 01 February on a huge water treatment plant project in Bakeng and inaugurated another one in Chamkarmon. Both plants in total will be able to produce over 450,000 cubic metres of clean water per day by 2024. The Bakeng water treatment plant will be built with a budget of about US$190 million, co-financed by the French Devel...

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Construction & Property Weekly Video News (30 January 2021)

This week content (30 January 2021) #week125: #1 Prince Real Estate Group Unveils New Shopping Mall Project in Phnom Penh (Read more) #2 NR10 Connecting Battambang to Koh Kong 43% Complete (Read more) # 3 Private Firms to Invest in Two Large Projects in Koh Kong Province (Read more and more) #4 Cambodia Construction and Property Sectors to Grow by only 2.9% and 2.7% in 2021 (Read more)...

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State Secretariat of Civil Aviation to Set Up Compliant Helicopter Landing Procedures at Koh Pich

Officials from the Secretariat of State for Civil Aviation (SSCA) inspected the safety of the helicopter landing site at Koh Pich on 28 January and plan to set up a compliant landing route or known as flight procedures design (SID/STAR) there as well. According to Capt. Khan Vanna, Director General for Technical and Operations of SSCA, the inspection includes checking on the Environmental Asses...

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Solar Power Plant in Siem Reap Goes Online, More Scheduled Nationwide

A 32-kilowatt solar power plant in Siem Reap province officially went online on 27 January, with three more large-scale solar power plants with a total output of over 110 megawatts scheduled to start operation across the nation in 2021. Located at the Sok An Phnom Kulen Orchid Research and Conservation Center, the 32KW plant can generate approximately 150 kilowatt-hours per day, sufficient for ...

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Gov’t Designates Two Mountains as Natural Heritage Sites

The Ministry of Environment (MoE) has designated two natural mountains in Kampot as natural heritage sites to protect their ecosystems for the benefit of all generations, according to Sub-Decree No.12 and Sub-Decree No.13 dated 22 January 2021. The first site is Preah Kuhear Mountain, which has a total area of 25 hectares and is located in Tuk Meas Khang Lech commune, Banteay Meas district in K...

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Let’s Find Out! EP60: Real Estate Market Overview in 2020

<div class="youtube"> https://www.youtube.com/watch?v=Mtkuhc54EHY&t=6s </div> Real Estate Market Overview in 2020: Where are we in the Market Circle? Subscribe to the Construction & Property TV Channel for more up-to-date construction and property news.

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