Property News Round-up January 31st, 2022
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 its ‘Fearless Forecast 2022: Foundations of a Tiger’ it came up with ten predictions for the year ahead.
Jan 24, 2022 | Khmer Times | Link: https://bit.ly/33EqO3V
- Minister of Tourism: Hosting of ATF 2022 a success
Minister of Tourism Thong Khon has emphasized that the ASEAN Tourism Forum 2022, which was hosted by Cambodia, was a success and that no individuals who participated in the event tested positive for Covid-19.
Jan 24, 2022 | Khmer Times | Link: https://bit.ly/341GC08
- High-tech agropreneurs is the next big thing in Cambodia’s economy
Agropreneurs is the next big thing in Cambodia that will take the nation’s economy to great heights. An estimated 30-40 percent of agropreneurs are already taking the agricultural sector by leaps and bounds, and if the trend is refashioned by the remaining then only the sky’s the limit.
Jan 25, 2022 | Khmer Times | Link: https://bit.ly/3FZYVQC
- Full Travel rebound likely 2025: ministry of tourism
International arrivals to Cambodia are expected to rebound back to their 2019 peaks by 2025, as the tourism industry emerges from the Covid-19 pandemic disruptions and pains that drove down the number of foreign visitors down by 97 per cent, according to a senior Ministry of Tourism official.
Jan 25, 2022 | Phnom Penh Post | https://bit.ly/3FZMjcu
- Construction of Russey Keo-Chroy Changva Concrete Bridge 63% Complete
Construction of the concrete bridge across the Tonle Sap River from NR5 in Khan Russey Keo to NR6 in Khan Chroy Changvar is now 63.7% complete, according to the Department of Public Works and Transport of Phnom Penh on 25 January.
Jan 26, 2022 | Construction Property | https://bit.ly/3G1aR4I
- New Siem Reap International Airport Aims for 70% Completion This Year
The construction of the new Siem Reap International Airport will achieve more than 70% this year, said a senior government official recently. Delegate minister attached to Prime Minister Tekreth Samrach said the construction of the new Siem Reap International Airport project is still progressing remarkably despite the pandemic.
Jan 27, 2022 | Construction Property | https://bit.ly/3rXcJq2
- Cambodia, UAE begin talks on establishing free trade agreement
Cambodia and the United Arab Emirates are exploring the possibility of establishing a bilateral free trade agreement as the two nations boosted mutual investment. The matter came up during a meeting held between Cambodian Minister of Commerce Pan Sorasak and his UAE counterpart Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade in Dubai on January 25.
Jan 27, 2022 | Khmer Times | https://bit.ly/3r364LM
- Developers must shift to affordable priced units: CBRE
Real estate developers in Cambodia should transition to ‘affordable or at least mid-tier’ residential developments according to CBRE Cambodia – as the firm highlights an oversupply of high-end development in the market.
Jan 28, 2022 | Cambodia Investment Review | https://bit.ly/3u6XAoQ
- “Cambodia: Safe and Green Tourism Destination” campaign launched
The Ministry of Tourism has launched the “Cambodia: Safe and Green Tourism Destination” Campaign on January 27. The launching ceremony took place under the presidency of Minister of Tourism and President of Government-Private Working Group on Rehabilitation and Promotion of Cambodia’s Tourism during and after the COVID-19 crisis, Thong Khon.
Jan 28, 2022 | Khmer Times | https://bit.ly/3g2oplQ
- New flyover along NR5 in Russey Keo to begin construction on 31 January
The groundbreaking ceremony of a new flyover along NR5 in Russey Keo area will be held on Monday 31 January under the presidency of PM Samdech Hun Sen. The flyover is located at the intersection of NR5 and Russey Keo-Chroy Changva Concrete Bridge in Kleang Sand Village of Sangkat Russei Keo.
Jan 28, 2022 | Construction Property | https://bit.ly/3L23uOr