Property News Roundup April 26th, 2022 We’re delighted to share the weekly news highlights below. Power generation surges 8% in2021 Cambodia generated more than 9.709 billion kilowatt-hours (kWh) of electricity on its own in 2021, an increase of 7.86 per cent compared to over 8.614 billion kWh in 2020. April 18, 2022 | Phnom Penh […]

We’re delighted to share the weekly news highlights below.   Minister: Permits needed ahead of all construction Minister of Land Management, Urban Planning and Construction Chea Sophara has issued a letter banning architects and engineers from carrying out construction or demolition work without permits from the authorities. April 11th, 2022 | Phnom Penh Post | […]

We’re delighted to share the weekly news highlights below.   Up to 700,000 foreign tourists expected to visit Cambodia this yearUp to 700,000 international visitors are expected to visit Cambodia this year, after the Royal Government had recently eased the entry rules. According to Thong Khon, Minister of Tourism, in the first three months of […]

We’re delighted to share the weekly news highlights below. NR5 Prek Kdam – Battambang Section 63% Complete, Set to Open for Traffic in 2023 HE Sun Chanthol said that “The road section between Prek Kdam and Battambang is now about 63% complete, and we expect to see the full completion next year.” March 25, 2022 […]

We’re delighted to share the weekly news highlights below. Cambodian factories must comply with CSR standards or lose business from EU 2 new mandates: the German Supply Chain Act will come into force January 1, 2023, and the EU’s newly proposed due diligence act was put forward in February 2022 and will likely take effect […]

We’re delighted to share the weekly news highlights below.   PP Governor: Construction sector continues to grow with over $2.2B investment recorded in 2021 During the ground-breaking ceremony of a new 44ha borey project in Prek Pnov district, HE Khuong Sreng said, as of 2022, there are a total of 310 boreys and 1,603 high-rise […]

We’re delighted to share the weekly news highlights below. Asian markets fall and oil extends rally Asian markets fell further March 8, oil prices rallied again and nickel surged to above $100,000 as investors try to assess the impact of the Russia-Ukraine conflict on the world economy. As the conflict continues, commodity prices have been […]

We’re delighted to share the weekly news highlights below. City hall outlines 5 strategic roadmaps to transform PP into smart city The Phnom Penh Municipal Administration has outlined a strategic roadmap to convert Phnom Penh into a smart city through the transformation of five main focus areas including land use, safety & security, urban mobility, […]

Property News Roundup February 21st, 2022 We’re delighted to share the weekly news highlights below. Kingdom, South Korea plan for post-FTA era South Korea has pledged to expand economic and trade cooperation with Cambodia after a free trade agreement (FTA) signed by the two countries last year enters effect in the near future, Prime Minister […]

Property News Roundup February 14th, 2022 We’re delighted to share the weekly news highlights below. Home loan application amounts over $5B despite C-19 According to an annual report by the National Bank of Cambodia, home purchase credit in the country has increased by 37 percent in 2021, illustrating a sign of growing demands for home-ownership […]

Property News Roundup February 07th, 2022 We’re delighted to share the weekly news highlights below. 19/32 SHV islands and beaches leased In order to attract more tourism and investment, and boost national economic growth, the government has signed contracts to lease 19 out of 32 islands and beaches in Preah Sihanouk province to private companies. […]

Property News Roundup January 31st, 2022 We’re delighted to share the weekly news highlights below. CBRE forecasts Smart Cities, Blockchain Financing and ESG focus Cambodia will see a focus on cleaner production, smart cities, new forms of financing and a move to more affordable properties this year, according to real estate company CBRE Cambodia. In […]

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Property News Roundup January 10th, 2022 We’re delighted to share the weekly news highlights below. RCEP certificates issued to ease flow of international trade, Cambodia needs manual signatures The China Council for the Promotion of International Trade (CCPIT), China’s foreign trade and investment promotion agency, issued RCEP certificates of origin for 69 Chinese enterprises nationwide […]

  We’re delighted to share the weekly news highlights below. 3,263 construction projects registered in 9 months 3,263 construction projects were registered in the first nine months of this year, a 476-project decrease from the same period last year. Dec 27th, 2021 | Construction Property | Link: https://bit.ly/3esRQwW   New non-SEZ projects drop 31.4% The […]

We’re delighted to share the weekly news highlights below.   Gov’t mulls upgrading existing railways to high-speed & building 2 new lines The Cambodian government has unveiled plans to upgrade the existing railways to a high-speed system and also to build two new lines connecting Phnom Penh capital to Siem Reap and Bavet. Dec 20th, […]

Property News Roundup December 20th, 2021 We’re delighted to share the weekly news highlights below. Construction of PP-SHV Expressway over 70% complete The construction of the 190-kilometre Phnom Penh-Sihanoukville Expressway was 70.93% complete as of November. The updates were shared in an inspection visit led by H.E. Yit Bonna, Secretary of State of the Ministry […]