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ខ្មែរ Uncategorized
Cambodia Preparing Comprehensive Intermodal Transportation Master Plan for 2022-2030
- 26 July 2022
Cambodia is developing a comprehensive master plan for an intermodal transportation system to better develop Cambodia's transport sector for connectivity to countries in the region and the world. Compiled by the Supreme National Economic Council, the comprehensive master plan on intermodal transportation 2022-2030 was discussed at a meeting on 21 July in the presence of Senior Minister Sun Chan...
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Cambodia Attracts Almost US$3 billion in Investment Projects in H1 2022
- 25 July 2022
The Council for the Development of Cambodia has approved new investment projects and production expansion projects with a total investment of US$2,998 billion, an increase of 23.4% over the same period last year. According to the report of the Council for the Development of Cambodia, of all the new investment projects, domestic investments ranked first, accounting for more than 53% orUS$1,595 ...
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ERA Cambodia sets aim high for Condo market
- 25 July 2022
Key Takeaway Condo supply sets to hit nearly 80 000 units by 2025 The majority of condo buyers are Cambodians aged between 25 and 35 years old The bounce back of foreign direct investment will help boost condo demand in Cambodia ERA Cambodia aims high to capture a large market share, expanding its salespersons to 5 000 agents in the next five years. “More people now recognize the im...
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NBC: Construction & Real Estate Contribute to Cambodia’s Economic Growth in 2022
- 22 July 2022
The construction and real estate sectors are expected to contribute to Cambodia's economic growth in 2022, according to a senior official of the National Bank of Cambodia. HE Chea Chanto, Governor of the National Bank of Cambodia, said that Cambodia's economic growth is expected to reach around 5.3% in 2022. “Cambodia's economic growth is optimistic to continue to grow by about 5.3%, higher...
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As of H1 of 2022, Real Estate & Construction Growth Slowed to 2.5%, and 3% Respectively
- 22 July 2022
As of the first half of 2022, the real estate sector has grown significantly, but at a slow pace of 2.5% due to the slowdown in high-end real estate sale-purchase activity, especially condominiums and apartments, according to the report on the results of the implementation of the budget for the H1 of the implementation of the law on finance for management in 2022. Meanwhile, the activity of sal...
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JICA Launches Smart City Approach to Solve Urban Problems in Siem Reap
- 22 July 2022
The Japan International Cooperation Agency (JICA) has decided to implement a three-year project to implement a smart city approach to address urban issues in Siem Reap from May 2022 to May 2025, according to the meeting on reviewing and commenting on the pilot project of the Smart City project in Siem Reap province on 21 July 2022 This three-year implementation plan has three main objectives: ...
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Under the Belt & Road Initiative, What Does Cambodia Get?
- 21 July 2022
Cambodia and China have had a good relationship for a long time, and this relationship grew rapidly as the Belt and Road (BRI) project stepped in to develop infrastructure and start free trade relations between China and Cambodia. At first was the development of casinos that grew like mushrooms, creating a huge influx of financial capital from mainland China to gamble money. However, the Cam...
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Cambodia & Thailand Sign MOU to Strengthen Bilateral Logistics Capacity
- 21 July 2022
The Ministry of Public Works and Transport of Cambodia and the National Council for Economic Development of the Kingdom of Thailand have signed a Memorandum of Understanding to strengthen the logistics sector for both countries. The ceremony was held on 19 July 2022, in the presence of the Secretary of State of the Ministry of Public Works and Transport of Cambodia, Lok Chumteav Koy Sodany, and...
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Fifth Largest Bottle Manufacturer in the World Invests to Expand Market in Cambodia
- 21 July 2022
Swire is a leading brand of beverage bottles in the United States and the fifth largest producer of Coca-Cola bottles in the world. Swire in Hong Kong recently announced a US$1.01 billion investment to expand the Coca-Cola market in Cambodia and Vietnam, according to Nikkei Asia on 18 July 2022. "This expansion of territories is part of a broader strategy to expand the global scale, volume, ...
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MPWT: Road Construction Strictly Monitored for Quality First
- 20 July 2022
HE Sun Chanthol, Minister of Public Works and Transport has provided a firm commitment that road construction must be strictly monitored. The minister stressed that construction companies must follow the techniques specified in the contract during a visit to inspect the progress of Roads 146B and 148 on 20 July. The project to repair Road 146B-148 is 99.81% complete and has been tested in 414 p...
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