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Close to 200 Construction Sites in Preah Sihanoukville Called by Land Ministry and Provincial Authority
The Ministry of Land Management Urban Planning and Construction (MLMUPC) in collaboration with the Preah Sihanouk Provincial Administration have held a public meeting on construction safety and quality with around 195 construction site owners attended, said Preah Sihanouk Provincial Administration. During the 4 December meeting, H.E Lao Tip Seiha, Secretary of State of the MLMUPC instructed the...
Read MoreJapan Provides US$22 Million on Cambodia’s Clean Water Project
The Japanese government through the Japanese embassy to Cambodia has decided to provide US$22 million in aid to Cambodia for the implementation of the project for the expansion of the water supply system in Pursat province. The money will be used to build a water treatment plant and a clean water supply system in the province. The Exchange of Note of Japanese government’s grant aid was signe...
Read MoreThai Firm Invests in 30MW Solar Project in Banteay Meanchey
Ministry of Mines and Energy is checking the legal procedure on a share purchase agreement of a 30 MW solar project in Banteay Meanchey province. The checking has been made after Thai firm B.Grimm entered into a share purchase agreement to acquire all shares in Ray Power Supply Co., Ltd, with the total share value of US$300,000, according to PV Tech website. Under the agreement, the B. Grimm...
Read MoreGermany finances US$74 million for developing kingdom’s rural infrastructure
Germany has provided approximately US$74 million for the development of rural power supply projects and rural roads in Cambodia, the Ministry of Economy and Finance stated in a press release on 28 November. H.E Aun Pornmoniroth, Minister of Economy and Finance signed two agreements with German Ambassador Christian Berger. The first one is an agreement to finance energy efficiency projects for r...
Read MoreSouth Korea to increase loans to support infrastructure in Cambodia
During the ASEAN-Republic of Korea Commemorative Summit on 25-25 November in Busan, H.E Prak Sokhonn, Minister of Foreign Affairs and International Cooperation, thanked South Korea for its contribution to infrastructure development by increasing financial loans from US$350 to US$700 million for 2019-2023, according to AKP. During the bilateral meeting, Cambodia and the Republic of Korea signed ...
Read MoreSCG, Labor Ministry Launch 2nd National Contractor Competition to Upskill Local Builders
Phnom Penh, Nov 27, 2019 – SCG, an ASEAN leading conglomerate, today kicked off the second SCG National Contractor Competition in collaboration with Cambodia’s ministry of labor and vocational training and a number of leading vocational training schools. Some 40 contractors, selected from among over 200 contractors who took part in provincial rounds of competitions organized by SCG and its part...
Read MoreDraft Law on Land Management and Urban Expected to be Approved next year
Ministry of Land Management, Urban Planning, and Construction is working to accelerate the compiling of the draft law on land management and urban planning to reply to the increasing development of urban, real estate and construction. Speaking at the urban forum on Smart, Sustainable and Inclusive Urban Development on November 27, the ministry’s secretary of state H.E. Pen Sophal said that the ...
Read MoreConstruction on Transformation of Century Plaza Market Launched
Construction officially started on 27 November for the transformation of Century Plaza market into shopping centre with the project scheduled to be completed in two years. Phnom Penh Governor H.E Khuon Sreng urged the Century Plaza investor to accelerate construction by the end of 2021 as planned so that the vendors can re-enter the market soon. The development of Century Plaza into a shoppi...
Read MoreCompany requests approval to invest in Kampot river residential project
Target Estate and Asset Management company has requested in-principle approval to invest in the development of an eco-tourism residential project along the river in the coastal province of Kampot, according to a post on the Kampot provincial administration Facebook page on 25 November. “Target Estate and Asset Management have requested six locations in three communes, where the company bought f...
Read MoreChip Mong Land to capitalise on high potential of Grand Phnom Penh
Having recently acquired Grand Phnom Penh International City, Chip Mong Land has started to improve the services and infrastructure as well as residential areas to transform the area into a high-potential development area for living and doing business. “The main purpose of Chip Mong Land is to improve our service to our customers to meet their needs in a timely manner. The next step is that we ...
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