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ខ្មែរ Uncategorized
Siem Reap Administration Issues New Guidelines to Enhance 38-Road Construction Quality
- 6 May 2021
The Siem Reap Provincial Administration has issued four new guidelines to local authorities and construction teams to implement in order to improve the quality of the 38-road project. According to the site inspection on 4 May, Deputy Governor Ngan Phirun said that these guidelines have been set to increase the cooperation between the local authorities and construction teams, which include: 1...
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Rehabilitation Work on NR76A in Mondulkiri Begins
- 6 May 2021
The Mondulkiri Provincial Authority yesterday broke ground on the rehabilitation work of the heavily damaged NR76A in Keo Seima district. The rehabilitation sector is approximately 4,300 metres long, between km67+500 to 71+ 880. Due to the severe damage, the authority decided to conduct a complete repair rather than regular maintenance. Mondulkiri Governor Svay Sam Eang said that the rehabil...
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Number of Registered Engineers Up By 103.2%, Architects By 40.9%
- 5 May 2021
The number of registered professionals in the construction sector by the end of 2020 increased by an average of 71.5% compared to 2019, thanks to the implementation of the new construction law, according to the Minister of Land Management, Urban Planning and Construction HE Chea Sophara. HE Chea Sophara revealed this data during the online meeting with Japan Ambassador to Cambodia HE MIKAMI Mas...
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Unlicensed Construction Sites Reduced by 7.7% After Construction Law Enforced
- 5 May 2021
The construction sector in Cambodia has seen further regulation since the new construction law was implemented in 2019. One positive result has been that the number of unlicensed construction sites nationwide dropped by over 7.7% from 2019 to the end of 2020. This data was presented during an online meeting between the Minister of Land Management, Urban Planning and Construction HE Chea Sophara...
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Gov’t Approves Six New Investment Projects Worth Over US$100 million
- 5 May 2021
The Council for the Development of Cambodia (CDC) has recently approved private firms to invest in building six factories, worth a total budget of approximately US$106.3 million in Kandal, Takeo, Kampong Speu and Preah Sihanouk provinces. The first investment permit has been granted to Yiankang Biological Technology Co., Ltd to invest US$2.9 million in building a food processing factory in Tumn...
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OCIC, Cambodia Airports Continue Talks on Cooperation Over New Airport Development
- 3 May 2021
The request for a joint venture and cooperation in the new Phnom Penh airport development project by Cambodia Airports to OCIC is still on the table, but is yet to be finalised, according to the State Secretariat of Civil Aviation (SSCA)’s spokesman last week. The proposal was raised by Vinci Airports and SCA, commonly known as Cambodia Airports, in early 2020. The firms intended to cooperate w...
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Three Cambodian International Airports to Have Major System Upgrades
- 1 May 2021
Three international airports in Cambodia will soon have a major system upgrade as the operator Cambodia Airports has recently inked a deal with renowned Spanish IT provider Amadeus to bring in a new management system called Amadeus Flow. With the new approach, Cambodia Airports can temporarily reallocate resources not in use. One example would be by redistributing airline services between termi...
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Cambodia Construction Investment Capital Valued at US$1.6 billion in Q1 2021, Down by 35%
- 30 April 2021
Total investment capital in the construction sector nationwide was valued at US$1.66 billion in the first quarter of 2021, down by 35% compared to the same period in 2020, according to figures from the Ministry of Economy and Finance. Of the approved construction projects, housing and villa projects represent the largest portion of investment at US$922 million, followed by commercial and indust...
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Firms from Myanmar Mull Building Factories in Kampong Speu, says Governor
- 29 April 2021
Despite the current COVID-19 community outbreak and lockdown, Cambodia is still receiving investment opportunities, as plenty of firms based in Myanmar have recently expressed their interest in building factories in Kampong Speu province, according to Governor HE Vy Samnang. HE Samnang told the Construction & Property Magazine via Telegram on 28 April that at least 20 of them have been cont...
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ADB Prepares Over US$1.3bn in Loans & Aid for Cambodia for 2021-2023
- 29 April 2021
The Asian Development Bank (ADB) has prepared a total of over US$1.3 billion in loans and grant aid for Cambodia to support the country’s economic development and recovery from the COVID-19 pandemic. According to an ADB report released on 28 April, of the total lending pipeline for 2021-2023, US$1.35 billion is in form of concessional loans while another US$32.4 million is in grant aids. ADB...
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