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ខ្មែរ Projects Development
Stamp duty tax exempted for property worth under US$70,000
- 24 February 2020
Stamp duty tax for property worth less than US$70,000 will be exempted for a year, starting from February 2020 to January 2021, according to Prime Minister Samdech Hun Sen. The exemption will be applied for those property developers who registered at the Ministry of Economy and Finance and the Department of Economy and Finance while the purpose of doing so is to reduce the housing price as low ...
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Government to construct three more national roads next year
- 24 February 2020
The government plans to build three national roads next year including N.R. 41 connecting from N.R. 4 to N.R. 3, N.R. 31 connecting from Bek Kous to Kampong Trach, and N.R. 33 connecting from Kampot to Kep. The Public Works and Transport Minister H.E. Sun Chanthol announced this master plan during the press conference on the progress and future direction of the Ministry of Public Works and Tran...
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Government receives US$20 million loan from China to expand Phnom Penh port
- 22 February 2020
The government has received a US$20 million loan from China to expand the Phnom Penh port, according to Minister of Public Works and Transport H.E. Sun Chanthol. H.E. Sun Chanthol made the announcement during a press conference on the progress and future direction of the Ministry of Public Works and Transport at the Council of Ministers on 21 February. “The project will be divided into four ...
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Gov’t to build road connecting Phnom Penh city centre to SHV expressway
- 21 February 2020
The Ministry of Public Works and Transport (MPWT) together with Phnom Penh Municipality plan to construct a priority express road, connecting from the centre of Phnom Penh to the starting point of the upcoming Phnom Penh-Sihanoukville expressway, according to MPPT Minister H.E Sun Chanthol. H.E. Sun Chanthol made the announcement during a press conference on the progress and future direction of...
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Feasibility of Phnom Penh Ring Road 4 studied
- 21 February 2020
The Ministry of Public Works and Transport (MPWT) is currently studying the feasibility of a Phnom Penh Ring Road 4, as the project has already been added into the Phnom Penh infrastructure master plan, says MPWT Minister H.E. Sun Chanthol. H.E. Sun Chanthol made the announcement during a press conference on the progress and future direction of the MPWT at the Council of Ministers on 21 Februar...
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Over US$200 million spent on repairing damaged roads each year
- 21 February 2020
The Ministry of Public Works and Transportation spends between US$150 to 200 million annually to repair damaged roads across Cambodia, according to Public Works, and Transport Minister H.E. Sun Chanthol. H.E. Sun Chanthol stated this during a press conference on the progress and future direction of the Ministry of Public Works and Transport at the Council of Ministers on 21 February. “The ro...
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Construction of Psar Demkor market pedestrian bridge 85% complete
- 20 February 2020
Construction of a pedestrian footbridge at Psar Demkor market’s intersection is 85% complete after construction started in late 2019. Located the conjunction of Mao Tse Tong Blvd and 336 street in Toul Kork district, this construction of this skywalk began on 28 December 2019 and is expected to take six months to complete. According to Phnom Penh Municipality, at this stage, the 27-meter lon...
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Government approves four construction material factories worth US$25 million
- 19 February 2020
The Cambodian government, through the Council for the Development of Cambodia (CDC), has recently given permits to four firms to invest a total of approximately US$25 million in establishing their construction material businesses in Cambodia, which are expected to generate at least 1,100 jobs. According to the CDC announcement, the four firms are Kaining Metal Product (Cambodia) Co., Ltd, Hong ...
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Sihanoukville’s Ream Bay to become a US$16-billion mega tourist attraction
- 17 February 2020
Ream Bay of Preah Sihanouk province will be transformed into a US$16-billion gigantic tourist attraction, spread over 800 hectares of land, according to the Ministry of Land Management, Urban Planning, and Construction. The project was announced during a meeting between H.E. Chea Sophara, Minister of Land Management, Urban Planning, and Construction, and related authorities on 14 February. T...
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Ground broken on 11 road construction projects in Sihanoukville
- 15 February 2020
Construction on 11 road projects in Sihanoukville officially started on 14 February 2020, with the ground-breaking ceremony presided over by H.E. Suong Heng, Secretary of State of the Ministry of Public Works and Transport. With a total length of 16km, the project includes the extension of National Road 4 from 2 to 6 lanes and the renovation of the 10 roads with a total length of 9km. The re...
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