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ខ្មែរ Projects Development
PM Calls On Land Ministry To Review Construction Permit Process
- 30 July 2019
In response to the complaint of the slow process in obtaining construction permits, the Cambodian Prime Minister on 29 July called on the land minister to review the process. “Some construction sites work illegally because officials refused to approve them [construction permit], so [land minister] needs to look at this,” Prime Minister Samdech Techo Hun Sen said at the Morodok Techo National St...
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CDC approved US$36 million construction material investment in Sihanoukville
- 30 July 2019
The Council for the Development of Cambodia (CDC) on July 29 approved six construction material investment projects in Sihanoukville with totaling investment value of more than US$36 million. Located mainly in the Sihanoukville Special Economic Zone (SSEZ), the total six projects expected to generate 1,838 jobs using an investment capital of US$36.2 million. TB Flooring (Cambodia) Co.,Ltd, w...
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Demand for industrial developments increase as Chinese manufacturers shift production overseas
- 29 July 2019
Industrial zones have reported that demand has increased from Chinese manufacturers looking to relocate to Cambodia, due to the US-China trade war that has resulted in products made in China having higher tariffs. As a result, industrial developers are getting enquiries from Chinese companies that want to switch their manufacturing base from China to Southeast Asia and Cambodia has become one of t...
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Samdech Techo Hun Sen Announces Intent to Utilise US$170 Million Stadium for Extra Profit
- 29 July 2019
Samdech Techo Hun Sen, Prime Minister of Cambodia, said that the new US$170 million national stadium funded by the Republic of China will be utilised to make extra profit. The Morodok Techo National Stadium is a mega stadium stretching over 82,400 square metres of construction area in Prek Tasek, Khan Russey Keo, Phnom Penh, which is now undergoing extensive construction ahead of the 2023 SEA G...
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Gov’t to focus on construction and real estate labour with extended UN programme
- 27 July 2019
The Ministry of Labour and Vocational Training (MLVT) is looking to focus on creating access to decent and productive employment opportunities for Cambodian youth within the construction and real estate sector through a new joint labour programme with the United Nations. The Labour ministry and the United Nations agreed to extend the ‘UNited for Youth Employment in Cambodia’ on 25 July for the ...
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Public ministry studies location for Kratie-Kampong Thom bridge
- 26 July 2019
The Ministry of Public Works and Transport (MPWT) conducted a study tour on 23 July to determine the location for the bridge construction project linking Kratie and Kampong Thom provinces, which the ministry believes will significantly contribute to the transportation sector in Cambodia. Speaking in an interview on the sidelines during the National Road No.7 inspection in Steung Treng province,...
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Cambodia hotel sector appeals to more foreign firms
- 26 July 2019
In response to the economic growth and the increase in number of tourists, more and more international firms are eyeing hotel investments in Cambodia, especially within the luxury segment. As forecasted by the Ministry of Tourism, Cambodia needs an additional 100,000 hotel rooms by 2028 of which 60, 000 rooms will be in the luxury segment. Recently, several international hotel firms have ann...
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US$4 Billion NAGA3 Set for Construction in September
- 25 July 2019
Hong Kong-listed NagaCorp Ltd has announced that construction on its third project on the White Building land of Phnom Penh will start in September 2019 while claiming that the project will attract more urban investment into the city. Speaking in an interview with Bloomberg TV on 23 July, Mr Timothy McNally, chairman of NagaCorp Ltd said that construction of the Naga 3 integrated entertainment ...
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Environment ministry gives green light to Cambodia Cement Chakrey Ting Factory in Kampot
- 24 July 2019
The Ministry of Environment (MoE) gave the green light on the Environmental and Social Impact Assessment (ESIA) on 23 July for the Cambodia Cement Chakrey Ting Factory in Kampot. Cambodia Cement Chakrey Ting Factory was initiated in 2014 with a US$100 million investment in Phnom Teach Village, Kandal Commune, Teuk Chhou District, Kampot Province covering an area of 32 hectares. The plant has th...
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The future of infrastructure developments and the construction industry in Cambodia
- 23 July 2019
In the past decade, Cambodia has launched ambitious infrastructure developments toward building much needed airports, bridges, dams, roads and seaports. However, Cambodia still ranks 112 out of 137 nations in terms of infrastructure ranking, lagging behind most of its Southeast Asian neighbours according to the World Economic Forum’s latest Global Competitiveness Report. It revealed that inadequat...
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