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Cambodian Government Imposes Drone Ban in Over 20 Key Areas
The Cambodian government has announced a new ban on the operation of unmanned aerial vehicles (UAVs) in more than 20 key locations across the country. This decision was made jointly by the Ministry of Interior, the Ministry of Agriculture, Forestry, and Fisheries, and the Secretariat of State for Civil Aviation. The ban, detailed in Inter-Ministerial […]
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Cambodia’s Construction and Real Estate Sectors Forecasted for Slow Recovery in 2025
Cambodia’s construction and real estate sectors are projected to experience modest growth in 2025, with forecasts indicating a rise of approximately 2.5% and 2.6%, respectively. These estimates come amid ongoing recovery efforts following the downturn triggered by the COVID-19 pandemic in 2020. During the recent Public Forum on Macroeconomic Management and the 2025 National Budget […]
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Cambodia’s Rubber Industry Thrives, Promises Economic Growth
Cambodia’s rubber industry is on the rise, with 179 rubber processing factories and craft now operational across the nation, marking a notable increase in production and employment opportunities. This surge reflects a commitment to bolstering economic growth and empowering local communities. During the inauguration of the Try Pheap Import Export Co., Ltd.’s new rubber processing […]
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Polish Food Processing Company Plans Expansion in Cambodia
LipCo Foods, a leading Polish food processing company, has announced its ambitious plans to establish a food processing plant in Cambodia to cater to the regional market. The announcement was made during a pivotal meeting between HE Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia, and […]
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Twin Skybridge Along 60-metre Road at Intersection of NR 2 45% Complete
The construction of a twin sky bridge along the 60-metre road at the intersection of National Road 2 is progressing well, with the project now 45% complete. The site was officially opened for construction on 17 June 2024, as part of efforts to enhance traffic flow between Phnom Penh and Kandal province. According to a […]
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Transforming Kampong Thom: Cambodian Government’s Vision for a Thriving Tourism Hub
The Cambodian government aims to transform Kampong Thom province into a vibrant tourism hub by establishing two special working groups to prepare a comprehensive tourism development plan. This initiative highlights the province’s rich cultural heritage, historical significance, and abundant natural resources, particularly due to its central location in Cambodia. The announcement was made during a […]
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Bridge Project Across Bassac River Hits Milestone: 16% Completion Achieved
The much-anticipated bridge project connecting Chak Angre Krom to Prek Pra over the Bassac River has officially reached a significant milestone, now standing at 16% completion after nearly a year of construction. This update was shared by HE Phorn Rim, spokesperson for the Ministry of Public Works and Transport. Construction on the bridge began on […]
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Phnom Penh’s Southwest Irrigation Project Achieves 32% Completion, Promising Agricultural Revival
The Irrigation and Water Rehabilitation Project in southwest Phnom Penh has reached a notable milestone, with 32% of the construction work completed as of 26 December 2024. This progress was confirmed during a site inspection led by HE Pich Veasna, Undersecretary of State and Project Director, representing HE Thor Chetha, the Minister of Water Resources […]
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Cambodia Allocates USD 2.7 Billion in SDR Borrowing for 2025 Development Boost Under Financial Law
Cambodia’s government will borrow 2 billion Special Drawing Rights (SDRs), equivalent to approximately USD 2.7 billion, to finance critical projects in 2025. This initiative, part of the Finance Law approved on 12 December 2024, aims to strengthen infrastructure, improve living standards, and support economic growth across key sectors. The funds will be strategically allocated to […]
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The 9th PropertyGuru Cambodia Property Awards recognise top developments, designs
OCIC GROUP HONOURED FOR HIGH-CALIBRE, SUSTAINABLE PROJECTS WHILE V.I LAND INVESTMENT CO., LTD. AND LP RESIDENCES CO., LTD SHOWCASE DESIGN EXCELLENCE PHNOM PENH, Cambodia — The 9th PropertyGuru Cambodia Property Awards, supported by CBRE Cambodia, today celebrated the elite range of companies representing the finest real estate in the kingdom. PropertyGuru Group, Southeast Asia’s leading […]
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