Property News Roundup February 27th, 2023
We’re delighted to share the weekly news highlights below.
- Can you own land in natural protected area?
Natural Protected Area refer to areas of public property territory of the government such as land, water, beaches and seas within areas controlled by the provisions of the law or newly created areas within the jurisdiction of the Ministry of Environment.
February 21, 2023 | Construction Property | Link: https://bit.ly/3lZLCvg
- Construction of New 14-Storey Information Ministry Building 99% Complete
The construction of the new 14-storey audio-visual building of the Ministry of Information has reached 99% completion, according to the site inspection by Ministry of Information HE Khieu Kanharith.
February 21, 2023 | Construction Property | Link: https://bit.ly/41rptX3
- Gov’t establishes 30 new villages in Kampong Cham province
The Ministry of Interior has established 30 new villages in Kampong Cham province, according to the announcement signed by Minister of Interior Samdech Sar Kheng.
February 21, 2023 | Construction Property | Link: https://bit.ly/3kyJquA
- Cambodia seeks $4 billion investment for its first high-speed railway
The railway starting from the Capital Phnom Penh to Poipet, a town bordering Thailand, covers a distance of 382 kilometres. Trains will run at a designed speed of 160 to 200 kilometres per hour.
February 22, 2023 | Construction Property | Link: https://bit.ly/3Z9Bdfh
- NR48 connecting Sre Ambel to Khemarak Phoumin almost 18% completed
The renovation of NR48 connecting Sre Ambel intersection of NR4 to Koh Kong province’s downtown with a length of 148 km, has completed nearly 18% of the whole project.
February 22, 2023 | Construction Property | Link: https://bit.ly/3IVRrCW
- ADB provides a US $60m loan to build more infrastructure in Battambang
The Royal Government of Cambodia has received a loan from the Asian Development Bank (ADB) of nearly UD$60 million for infrastructure development in Battambang.
February 22, 2023 | Construction Property | Link: https://bit.ly/3KBG5p6
- US$1.5M Koh Kong port set to be opened end of March 2023
The construction US$1.5 million rebuilt tourist seaport in Koh Kong province is scheduled to be completed by the end of March 2023 to boost tourism and good trade with neighboring countries.
February 22, 2023 | Construction Property | Link: https://bit.ly/3ZqqQDM
- Gov’t converts 150,000 ha to be protected land in Koh Kong
The government has taken over 150,000 hectares of land from eight natural protected areas and from the Ministry of Agriculture in Koh Kong province and covered it to protected land, as 50,000 ha has been given to people in the province.
February 22, 2023 | Construction Property | Link: https://bit.ly/3mbRBx6
- Bak Kheng Water Treatment Plant 90% Complete, While the water pipe under the Tonle Sap starts drilling
The project to build a large water treatment plant in Bak Kheng is 90% complete, while the Gov’t is opening a drilling site to install a 2-meter water main pipe under Tonle Sap River.
February 22, 2023 | Construction Property | Link: https://bit.ly/3Z4OvtA
- Construction of NR10 connecting Koh Kong to Battambang 56% complete
The construction of National Road No. 10 from Battambang to Koh Kong has reached 56%, and it is schedule to be completed next year.
February 23, 2023 | Construction Property | Link: https://bit.ly/3mb9D2M
- 2 New Landfills in Kampong Chnang, Pursat Officially Inaugurated
The landfill in Kampong Chhnange and Pursat under the project of environmental management and improvement around Tonle Sap Lake, Phase I, with a loan from Asian Development Bank (ADB).
February 22, 2023 | Construction Property | Link: https://bit.ly/3knV1g0
- The Construction of National Road 48 Achieved Nearly 22%
The project to rehabilitate and upgrade National Road No.48 from Chamkar Luong at the junction of National Road No.4 to Khemarak Phoumin City, Koh Kong Province has been completed by almost 22%.
February 23, 2023 | Construction Property | Link: https://bit.ly/41F2VCq
- CDC approves investment projects worth US$17.6m in Takeo and K.Speu province
The Council for the Development of Cambodia (CDC) has given permits to three private firms to invest a total of US$17.6 million in establishing three factories in Takeo and Kampong Speu provinces.
February 23, 2023 | Construction Property | Link: https://bit.ly/3ktTiFM
- Roundabout with 505 Elephant Symbols to be built in Pursat
Pursat Provincial Administration plans to rebuild the 5 elephants roundabout at the intersectiob of NR55 and NR10 in Bramoy Commune, Veal Veng district to become a “five hundred and five elephants” roundabout by adding 500 more elephants.
February 23, 2023 | Construction Property | Link: https://bit.ly/3Z5MNba