PHNOM PENH: A Singapore-based developer, AKRAM Development Co., Ltd, has announced plans to build a high-end luxury building on more than 3.5 hectares of land […]
Cambodia Launches Export Service Center to Boost Global Trade
PHNOM PENH: According to a recent press release from the Agence Kampuchea Presse (AKP), the Ministry of Commerce has officially launched the Export Service Center (ESC) to promote Cambodia’s exports and expand the potential of…
Over $3 billion poured in Cambodia’s 23 special economic zones
PHNOM PENH: The Ministry of Industry has issued permits for the establishment of special economic zones in 23 provincial capitals, attracting 390 factories with an […]
Cambodia see 327 factories increased in the last 5 years
PHNOM PENH: At the end of October 2021, 1,849 factories were operating in Cambodia’s capital and province, an increase of 327 factories, or 21.48%, over […]
Cambodia could be leaving LDC in two years
PHNOM PENH: Cambodia may be able to leave the Least Developed Countries (LDCs) in 2024 if it ranks second for the third time in a […]
Japan to loan another $380 million for a new port project
PHNOM PENH: The Japanese government has provided a US$383.22 million concessional loan to implement the new container port development project at Sihanoukville Port Phase 1. […]
Cambodia collects nearly $1.3 billion in construction material taxes
PHNOM PENH: The Royal Government collected 321.6 billion Riels in tax on construction materials and other fees in the first half of 2022, equivalent to […]
19 islands development and a submarine cable network project coming to Sihaknoukville
PHNOM PENH: The Royal Government has approved the investment of 23 companies in 19 of Sihanoukville’s 32 islands to develop as a tourist area, with […]
The 3rd Ring Road reached 76.87% to complete by next September
PHNOM PENH: The third ring road (National Road No. 4 – National Road No. 2) has reached 76.87 percent of its total length and is […]
19 islands development and a submarine cable network project coming to Sihaknoukville
PHNOM PENH: Cambodia has now received a large number of Vietnamese investors, according to Samdech Techo Hun Sen, the head of the Royal Government of […]
Local and foreign buyers can now apply for 100% mortgage via Prince Bank
PHNOM PENH: Less Solutions and Prince Real Estate, consistently provide products that result in a ‘lifestyle’ upgrade for its commercial and residential customers and have […]
Foreigners make up 70% of the country’s condo developers
According to Mr. Chrek Soknim, president of the Cambodian Valuers and Estate Agents Association (CVEA), approximately 70% of condominium developers in Cambodia today are foreign investors, particularly Chinese investors. […]