Property News Roundup July 19th, 2021
We’re delighted to share the weekly news highlights below.
- Gov’t mulls third shot for Covid vaccines as 4M doses arrive
The government is considering administering a third dose to those who have received their second shot of vaccine against Covid-19 to boost their antibodies and determine how it can protect them from the new Delta coronavirus variant and its slightly mutated version Delta Plus, according to a senior health official.
July 12th 2021 | Phnom Penh Post| Link: https://bit.ly/3i2AlVm
- New investment law draft ready to make Cambodia more attractive
The Council of the Ministers approved the new investment law draft last week in order to attract increased investment flow to the Kingdom and enhance the nation’s economic diversification and competitiveness.
July 12th 2021 | Khmer Times | Link: https://bit.ly/2TRioBl
- SSEZ handles $994M in goods
The value of imports and exports passing through the Sihanoukville Special Economic Zone (SSEZ) neared the $1 billion mark in the first half of this year, despite a spiralling third wave of coronavirus infections, dubbed the “February 20 community event”.
July 13th 2021 | Phnom Penh Post | Link: https://bit.ly/3hx3DfY
- Chroy Chongvar–Svay Chrom Bridge Still Under Study: No Completion Timeline Given
The Ministry of Public Works and Transport (MPWT) spokesman Vasim Sorya has confirmed that South Korean experts are still studying the design and choosing locations for the Chroy Changvar-Svay Chrom Bridge, but no completion timeframe has been given.
July 13th 2021 | Construction Property | Link: https://bit.ly/2U1hvWE
- Takhmao & Areas Along NR3 & NR4 Chosen as Economic Clusters in 2035 Development Plan
Takhmao City and Phnom Penh suburbs along NR3 and NR4 have been chosen as the locations for economic activities and factory clusters, according to the 2035 Phnom Penh land-use master plan.
July 13th 2021 | Construction Property | https://bit.ly/3ijpFSH
- Japan to donate around one million AstraZeneca vaccines
Ambassador of Japan to the Kingdom of Cambodia Mikami Masahiro said that the Japanese Government has announced it will provide approximately one million doses of the vaccine to Cambodia. He said that this was decided in light of the friendship between Japan and Cambodia and based on the current status of Covid-19 in the Kingdom.
July 14th 2021 | Khmer Times | https://bit.ly/3khxef4
- Cambodia to Adapt Smart City Management Model from Singapore
An inter-ministerial team is currently studying the smart city management model from Singapore and will soon adapt the system to fit the Cambodian social context. The plan was revealed during an online conference on “Planning for Smart Cities” on 12 July.
July 14th 2021| Construction Property | https://bit.ly/3xEoe7E
- Phnom Penh Post – Gov’t seeks loan from China to build Tonle Sap bridge and road
The Cambodian government has reached out to China for a loan to construct a road and bridge that crosses the Tonle Sap River and connects Kampong Chhnang to Kampong Thom provinces. Prime Minister Hun Sen announced delays to the project in 2019.
July 15th 2021 | Phnom Penh Post | https://bit.ly/3i6njGu
- US commits to revitalise partnership with Asean
The United States has made a commitment to revitalise partnership and cooperation with Asean, in particular in the face of multi-faceted regional and global challenges.
July 15th 2021 | Khmer Times | https://bit.ly/36QpYPz
- Pumping station in Phnom Penh begins operations
A Japanese-funded water pumping station in the captial’s Daun Penh district begins operations today and is expected to stop flooding in Daun Penh and the surrounding areas.
July 16th 2021 | Khmer Times | https://bit.ly/3ieQRlt