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ខ្មែរ Uncategorized
Construction materials import value up by 20% in first 8 months of 2021
- 12 October 2021
During the first eight months of 2021, the import value of all goods to Cambodia (except gold) was recorded at US$14.6 billion, an increase of 26.7% compared to the same period last year, while the construction materials import value also jumped by 23.7% y-o-y. According to a report from the Ministry of Economy and Finance, the rise in the total import value was due to the increase in imports o...
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CDC Approves Three Investment Projects Worth Over US$12m for PP & K. Speu
- 12 October 2021
The Council for the Development of Cambodia (CDC) has recently given permits to private firms to invest over US$12.6 million in establishing three factories in Kampong Speu and Phnom Penh. The first company is Lastingwinner Garment (Cambodia) Co., Ltd, which will invest US$4.2 million to set up a garment factory on NR3, Lvea village, Ang Popel commune, Kong Pisey district, Kampong Speu province...
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Japan Provides US$72 million in Grant Aid for Six Development Projects in Cambodia
- 12 October 2021
The Japanese government has agreed to provide approximately US$72.1 million in grant aid to Cambodia for six development projects, with US$57.6 million used for the Siem Reap Water Supply Expansion Project (Phase II) and the rest for five economic and social development projects. An Exchange of Notes for this aid agreement was signed on 11 October between Deputy Prime Minister HE Prak Sokhonn a...
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US$9.2 billion Needed for 2022-2024 Public Investment, 44% for Infrastructure Development
- 11 October 2021
At least US$9.2 billion will be needed to implement a total of 673 public investment projects from 2022 to 2024, while 44.2% will be allocated for infrastructure development. According to a Council of Ministers press release on 8 October 2021, of the total projects, 185 projects are ongoing which demands about US$5.8 billion, while another 488 projects are new and require a budget of US$3.3 bil...
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Legal Distancing Between Buildings & Pavements Based on Construction Types
- 11 October 2021
By law, all constructions with access roads adjacent to expressways, national or provincial roads are required to spare distance from the construction to the pavement to a certain extent, depending on the size and type of construction. According to the Road Law 2014, a spare distance between the buildings and the pavement is determined as follows: 1. Construction of buildings such as gas sta...
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Cambodia, Thailand to Temporarily Open New Stueng Bat-Ban Nong Ian Checkpoint Soon
- 11 October 2021
Cambodia and Thailand have agreed to temporarily open the new Stung Bot- Ban Nong Ian border checkpoint soon connecting Cambodia’s Banteay Meanchey province to Thailand’s Sa Kaeo province. According to the Ministry of Public Works and Transport' spokesman HE Vasim Sorya on 11 October, the plan to open this checkpoint is to boost trade between the two countries, through which only containers tru...
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Over 2,900 Construction Projects Worth US$3.8 billion Approved in First 8 Months
- 11 October 2021
The Ministry of Land Management, Urban Planning and Construction has approved a total of 2,901 construction projects during the first eight months of 2021, a 449-project drop compared to the same period last year. According to a report by the Ministry of Economy and Finance, the total investment value of the aforementioned projects was US$3,843 million, also down by 24.4% year on year. Among...
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What Type of Constructions Does Not a Permit?
- 8 October 2021
After the implementation of the Construction Law in 2019, almost all kinds of construction or demolition works must request a permit or permission from the competent authorities to ensure safety and public order. However, according to Sub-Decree No. 224 on the construction permit, there are some exceptions as follow: • Ground floor construction with a total floor area of less than or equal t...
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Understanding the Legal Ratio Between Building Height & Land Size
- 7 October 2021
Most people may mistakenly think that if they own a plot of land, they can construct a house or a building as high as they want if the structures remain within their land border. However, doing so is illegal by law. The number of floors allowed for one building is dependent on the size of the land plot owned. Sub-Decree No. 42 on the Urban Planning of the Capital, Cities and Towns, dated April ...
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Crucial Legal Documents Required Before Applying for Construction Permit
- 6 October 2021
To apply for a construction permit, there are several necessary documents required such as architectural design, master plan, and a land title deed, among others. However, there are three types of crucial contracts that the owner or real estate developer must sign in front of competent authorities before obtaining the construction permit. 1. Construction Contract This contract is different fro...
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