Property News Roundup June 21st, 2021

21 June 2021 | Posted in News

We’re delighted to share the weekly news highlights below.

  1. Evolutions of Retail Sector as Cambodia is increasingly digitally connected

Cambodia’s growing trend of online shopping has been increasing due to improved digital infrastructure and the increased use of credit and debit cards. The results of growing mobile internet-users have reduced the shipping cost, and raised the medium’s attractiveness to consumers.

June 14th 2021 | Construction Property | Link:


  1. Project set to power rural solar shift

Under the support from EU, a $3.1m project has launched to promote sustainable and inclusive economic growth in the rural areas. The objective is to encourage the small, medium, and micro-enterprises to use solar energy and help improve consumer habits in rural areas.

June 14th 2021 | Phnom Penh Post | Link:


  1. Phnom Penh allows all state markets to re-open all businesses

The decision signed by Khuon Sreng, Governor of Phnom Penh allows markets to re-open all businesses and sales within the framework of all state markets in Phnom Penh.

June 15th 2021 | Khmer Times | Link:


  1. Construction of high-voltage transmission line in Otres development project to begin on 21 June

The Electricite du Cambodge will begin the construction in Otres, Sihanoukville province on 21st June. The transmission line will be 40metre wide connecting Koki village of Prey Nob district and Village 6 of Sihanoukville downtown. Provincial administration urged the property and landowners from above location to cooperate with officers.

June 16th 2021 | Construction Property | Link:


  1. Three New Eco-Tourism destinations proposed for Koh Kong province

Private firms have proposed to invest in three ecotourism sites on 30 hectares in Khemara Phoumin city and Mondul Seima districts in Koh Kong province. Koh Kong Deputy Provincial Governor Ouk Pheaktra said during a site inspection on Monday 14 June that the three proposals are currently being reviewed and studied.

June 16th 2021 | Construction Property |


  1. Real Estate sector turning away from foreign buyers, survey finds

“We were seeing interest picking up in the office market and even residential. What we have witnessed in the second quarter with the lockdown and restrictions is a more fragile market. Buyers and tenants are in a stronger position, it’s more apparent they have more bargaining power, so we’ve seen a swing to them”, says James Hodge, director of international real estate services firm CBRE Cambodia.

June 16th 2021 | Khmer Times |


  1. Covid-19 vaccination drives in Cambodia, looking forward to obtaining herd immunity by November

A total of 3,000,264 people in Cambodia have been vaccinated against the COVID-19 pandemic, or 30% of the 10 million people scheduled for vaccination on June 14, well on its way towards its target of 10 million, according to Ministry of Health spokeswoman Or Vandine.

June 16th 2021 | Khmer Times |


  1. MPWT discusses infrastructure investment opportunity with US Chamber of Commerce

Ministry of Public Works and Transport (MPWT) Minister HE Sun Chanthol this morning met with the American Chamber of Commerce in Cambodia (AmCham) to discuss the potential and investment opportunities in transportation infrastructure.

June 17th 2021 | Construction Property |


  1. Total capital registered in new state-run online system at US$2.6bn, real estate sector accounts for 15%

The total number of companies registered through the new state-run online business registration platform has reached over 6,000, or equivalent to over US$2.6 billion investment value, after one year of the platform’s establishment.

June 17th 2021 | Construction Property |


  1. Cambodia to attend 51st SEAMEO council conference 2021 in Singapore today

Cambodian delegation will attend the first virtual 51st SEAMEO hosted by Singapore on June 17. The event organized by the Ministry of Education, Singapore in cooperation with others 11 SEAMEO member countries with a total of 200 participants. This meeting highlighted SEAMEO strategic plan 2021-2030 and others SEAMEO regional programs.

June 17th 2021| Khmer Times |


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