OCIC Unveils Details of Expressway Project from City Centre to New Airport in Kandal

OCIC Chairman Neak Oknha Pung Kheav Se has revealed details of the expressway linking Phnom Penh city centre to the new Phnom Penh international airport in Kandal province. Neak Oknha Pung Kheav Se said in an exclusive interview with Construction & Property Magazine on 19 December that the expressway will be built as a flyover […]

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Gov’t Continues Tourism-Related Business Tax Exemption for Further Three Months

The government has decided to continue the tax exemption for tourism-related businesses including hotels, guesthouses, restaurants and travel agencies for another three months, to help the tourism sector during the pandemic. According to an official announcement released on 23 December, the exemption applies only for businesses in Phnom Penh, Siem Reap, Sihanoukville, Kampot, Bavet and […]

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New Siem Reap International Airport 35% Complete, On Schedule

As of 23 December, construction of the new Siem Reap Angkor International Airport (AIAI) is 35% complete and expected to finish in March 2023 as scheduled. According to the site inspection by State Secretariat of Civil Aviation (SSCA) HE Mao Havannall on 23 December, construction on the airport is proceeding smoothly despite the pandemic. During […]

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OCIC to Invest Over US$600 million in Infrastructure Development Next Year

The Overseas Cambodia Investment Corporation (OCIC) has invested approximately US$300 million to develop many massive projects this year, as the firm also plans to invest at least US$600 million more in 2021. OCIC’s chairman Neak Oknha Pung Kheav Se told Construction & Property Magazine on 19 December that the firm has invested around US$70 million […]

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Koh Kong Airport Feasibility Study by LYP Group and Bangkok Airways paused due to COVID-19

The feasibility study to construct a new airport in Mondul Seima district of Koh Kong province, being undertaken by LYP Group and Bangkok Airways, has been paused due to COVID-19 pandemic. State Secretariat of Civil Aviation’s spokesman Sin Chansereyvutha said the government granted the investment project to the firm. However, the study has been paused […]

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Five Hectares of Land in Boeung Kanseng Lake in Rattanakiri to Become Multi-Purpose Development

Ratanakkiri Governor Thon Saron recently led an official group to inspect and access impacts of the 5-hectare Boeung Kanseng Infrastructure Development Project in Banlung district, Ratanakkiri province. During the inspection on 14 December, HE Saron said that the 45 families affected by this project have already agreed to voluntarily remove their stalls from the sidewalk […]

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Government Orders Developer to Reassess Environmental Impact of New Artificial Beach Project in Kampot

The Kampot provincial administration has ordered the developer to reassess the environmental impact of a new artificial beach project in Kampot province. In the meantime, the sand dredging must be temporarily halted, waiting for the new environmental impact reassessment. Kampot Governor HE Cheav Tay said that during the site inspection, the activities of digging canals […]

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Authorities Accelerate Impact Resettlement for Battambang Airport Renovation

The local authorities and relevant officials have been speeding up works on compensation to affected people whose lands are located nearby the abandoned Battambang airport that will soon be reopened. SSCA spokesman Mr Sin Chansereyvutha said that on 09 December the development of main facilities in the airport had not been made. At this stage, […]

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Gov’t Mulls Transforming Mondulkiri Province into an International Tourism Destination

The 2020-2035 master plan to transform Mondulkiri province into an international tourism destination will be completed by the end of this year and is expected to be approved by the government by early next year, according to the Ministry of Tourism following a meeting on 26 November. The masterplan features many developments, including Senmonorom city […]

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Kep to Build Tourism Seaport on Koh Tonsay Island

The Kep provincial administration has revealed plans to build a Koh Tonsay tourism port , with a firm is currently proceeding with an environmental and social impact assessment. Deputy governor of Kep province HE Ol Phirun said on 18 November that the tourism seaport project has the backing of the ADB and a local firm […]

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