News
Unlike Past Elections, Property Investors Remain Buoyant
- 28 June 2013
- The Cambodia Daily
- Economy and commerce / Land
- Boeng Keng Kang 1 commune / Bonna Realty / Bonna Realty Group / Booyoung Group / CBRE / construction / Construction projects / CPP / Economics / Elections / Investment / land / land development / land ownership / land prices / land tenure / national elections / Phnom Penh / Property / Pur Senchey district / Real estate / Real estate / Sciaroni and Associates / Sen Sok district
Ahead of elections 10 years ago, people across the country would hoard rice in case the vote sent the country spiraling into a state of turmoil. Businesses across the country would bide their time before making any major investments. And those who could afford to ...
China to help conserve Cambodia's Angkor World Heritage Site
- 27 June 2013
- Xinhuanet News
- Aid and development / Bilateral development assistance / Chinese aid / Economy and commerce / Environment and natural resources / Environmental and biodiversity protection / Forest classifications / Land / Non-DAC members / Protected areas / Siem Reap
- Angkor Archeological Park / Angkor archeological site / Angkor Wat / Angkor Wat Temple / Angkor World Heritage Site / Apsara Authority / CCECC / China Civil Engineering Construction Corporation / Chinese companies / construction / Cultural Heritage / Feasibility studies / foreign investment / international relations / Investment / Kulen Mountain / Liu Zhiming / Phnom Penh / Real estate / real estate developments / Siem Reap / Siem Reap Province / Sok An / Tourism / Tourists / Water resources / World Heritage list
Cambodia’s Apsara Authority and China Civil Engineering Construction Corporation on Thursday signed a Memorandum of Understanding (MoU) on the project of sustainable management of the existing resources for conservation and sustainable development in Angkor World Heritage Site and Siem Reap region. The deal was inked between ...
http://news.xinhuanet.com/english/china/2013-06/27/c_132492881.htm
Lao dam unapproved yet under way: NGO
- 27 June 2013
- The Phnom Penh Post
- Agriculture and fishing / Energy / Environment and natural resources / Fishing, fisheries and aquaculture / Generation and distribution facilities / Hydropower dams / Renewable energy production / Rivers and lakes / Water resources
- 1995 Mekong Agreement / Cambodia National Mekong Committee secretary-general / Cambodian-Lao border / CNMC / conservationists / construction / dam construction / Dams / Don Sahong dam / ecosystem / EIA / Electricity / energy / environmental impact assessment / fish migratory systems / fisheries / Infrastructure / International Rivers / Khone Falls / Laos / Mega First Corporation Bhd / Mekong / Mekong river / Mekong River Commission / Mekong river Ecosystem / MFCB / MRC / MRC’s Strategic Environmental Assessment / Pianporn Deetes / Thailand / Xayaburi dam
The construction of Don Sahong Dam, the second of 11 potential and controversial Mekong mainstream dams, is moving ahead without approval from Mekong River Commission members, according to a conservationist group report. Located less than two kilometres from the Cambodian-Lao border, the dam has been slammed ...
http://www.phnompenhpost.com/2013062766515/National/lao-dam-unapproved-yet-under-way-ngo.html
Mekong Dams Could Be a Threat to Cambodia’s Food Security
- 27 June 2013
- The Cambodia Daily
- Economy and commerce / Energy / Environment and natural resources / Generation and distribution facilities / Hydropower dams / Renewable energy production / Rivers and lakes / Social development / The poor / Water resources
- aquaculture / construction / Dams / Danish Development Agency / Electricity / energy / Fish / fisheries / fishing yields / food security / hydroelectric dams / hydropower / Hydropower dams / Infrastructure / Inland Fisheries Research and Development / kratie / Lower Sesan 2 dam / Mekong river / Ministry of Mines Industry and Energy / natural resources / Oxfam Australia / Phnom Penh / Sambor / Sambor dam / Stung Treng / Stung Treng dam / Stung Treng Province / WWF
The construction of two hydroelectric dams proposed for the Mekong River would lead to steep declines in the availability of fish-an essential source of protein for Cambodians- potentially threatening food security, according to a new report by the fisheries administration. The study by the administration’s Inland Fisheries ...
http://www.cambodiadaily.com/news/mekong-dams-could-be-threat-to-cambodias-food-security-32202/
Gov’t revenues rise 11 pct
- 21 June 2013
- The Phnom Penh Post
- Economy and commerce / Exports / Government / Imports / Investment / Taxation / Trade
- ANZ Royal Bank / Asian Development Bank (ADB) / ASYCUDA / Business Research Institute for Cambodia / Cambodia Institute of Development Study / construction / construction sector / Corruption / Customs / Financial system / GDCE / GDT / General Department of Customs and Excise / General Department of Taxation / Government / Hiroshi Suzuki / International Monetary Fund / Investment / Japan International Cooperation Agency / JICA / Kang Chandararot / Ministry of Economy and Finance / Public Financial Management Reform Program / Sihanoukville Port / Stephen Higgins / tax / tax collection / tax revenue / World Bank
Government revenues totalled more than $700 million over the first four months of the year, an 11 per cent year-on-year increase, data from the Ministry of Economy and Finance (MEF) show. In total, the revenue made by the General Department of Taxation (GDT) rose by about ...
http://www.phnompenhpost.com/2013062166406/Business/gov-t-revenues-rise-11-pct.html
Despite Law, Minority Rights Receive Very Few Protections
- 21 June 2013
- The Cambodia Daily
- Agricultural production / Agriculture and fishing / Crime and law enforcement / Economic land concessions and plantations / Economy and commerce / Environment and natural resources / Ethnic minorities and indigenous people / Extractive Industries / Extractive industries policy and administration / Forests and forestry / Human rights / Industrial mining / Land / Land classifications / Land tenure and land titling / Law and judiciary / Laws and regulations / Mining / Public land lease / Social development
- agro-industry / Cambodia Indigenous Youth Association / compensation / construction / Dams / deforestation / Development / ELCs / ethnic minorities / Hydropower dams / Indigenous Communities / Indigenous Community Support Organization / indigenous people / indigenous people rights / Infrastructure / Land Law / Land rights / law enforcement / Lower Sesan 2 dam / mining / NGO Forum / NGO Forum on Cambodia / Phnom Penh / Relocation / Resettlement / Stung Treng / Stung Treng Province / UN / UN recommendations / United Nations
The government does little to protect the rights and livelihoods of the country’s many ethnic minorities who are under constant threat from rapid development, representatives of indigenous groups said yesterday. “We have polices laws and guidelines to protect indigenous people, but we see that it doesn’t ...
Housing development on Cambodian islands not the right time yet
- 20 June 2013
- The Phnom Penh Post
- Economy and commerce / Industries / Land / Manufacturing / Marine and coastal areas / Real estate / Water resources
- Asia Real Estate Cambodia director / Bunna Reality Group / Bunna Reality Group general manager / Cambodia's coast / Condominiums / construction / Dek Koul island / domestic flights / Flights / Ho Vandy / Housing Developments / Infrastructure / Investors / island resorts / Islands / Koh Puos / Koh Russey / Kuy Vat / Noun Rithy / Po Eavkong / Real estate / Real estate developers / real estate development / Real estate in Cambodia / resorts / safety / sihanoukville / Sihanoukville province / Song Saa island / Tourism / TWG / TWG co-chair / utilities / VTrust Group / ក្រុមហ៊ុនអចលនទ្រព្យ VTrust
Although currently there are a lot of development projects for resorts and guesthouses on various islands off Cambodia’s coast, experts say it is not the right time for such developments. Po Eavkong, managing director of Asia Real Estate Cambodia, said the development activities on islands in ...
Mekong Dams Threaten Extinction of Giant Catfish
- 19 June 2013
- Radio Free Asia
- Agriculture and fishing / Economy and commerce / Environment and natural resources / Fishing, fisheries and aquaculture / Infrastructure / Rivers and lakes / Transport and shipping / Water resources / Waterways and ports
- Chinese aid / construction / Dams / Electricity / endangered species / environmental damage / Environmental Protection / Eric Baran / Fish / fish migration / fish passages / Fish Spawning / Fishing / Fishing ban / fishing yields / floodplains / freshwater fish / Giant Mekong Catfish Catfish / Global Freshwater Programme / Hydropower dams / illegal fishing / Infrastructure / Laos / Mekong Basin / Mekong river / Mekong River Commission / MRC / overfishing / rivers / Thailand / tributaries / tributary rivers / University of Nevada / World Fish Centre / World Wildlife Fund / WWF / WWF’s Global Freshwater Programme / Xayaburi dam / Zeb Hogan
The elusive Mekong giant catfish, which the U.S.-based World Wildlife Fund (WWF) called “one of the world’s largest and rarest freshwater fish,” can reach up to three meters (10 feet) and weigh up to 300 kilograms (660 pounds). The Xayaburi dam would prove an “impassable barrier” ...
http://www.rfa.org/english/news/laos/dams-06192013184629.html
Skyscraper’s woes continue
- 18 June 2013
- The Phnom Penh Post
- Economy and commerce / Investment / Judiciary and courts / Land
- CDC / Chinese aid / construction / Construction companies / construction delay / construction firm / Council for the Development of Cambodia / Do Best Khmer Ltd / FDI / foreign direct investment / Gold Tower 42 / Hanil / Hanil Engineering & Construction / Japanese aid / Jipyong & Jisung / Kim Tae Yun / Korean Commercial Arbitration Board / Korean-owned companies / Leng Souhuoth / Ministry of Land Management / Monivong Boulevard / P&A Asia / Phnom Penh / Phnom Penh Municipal Court / Real estate / Sihanouk Boulevard / skyscraper / South Korean aid / Yon / Yon Woo Cambodia / Yoo Jeoung-hoon
The saga of the stalled $240 million Gold Tower 42 was revived last week when it emerged that a supplier for the project had accused the owner and builder of failing to pay out nearly $500,000 in fees, according to an injunction request obtained by ...
http://www.phnompenhpost.com/2013061866319/Business/skyscraper-s-woes-continue.html
Work-related deaths, injuries rose in 2012
- 14 June 2013
- The Phnom Penh Post
- Law and judiciary / Social development
- American Center for International Labor Solidarity / Angkor Chey district / ASEAN / Calmette hospital / compensation / construction / construction industry / construction workers / Dave Welsh / Draft Law on Mine Safety / factory faintings / Faintings / Footwear / footwear sector / garment sector / garment workers / garments / health and safety / health and safety regulations / Kampot / Kampot Province / mine safety / mining / mining sector / Ministry of Labor / Ministry of Labour / National Social Security Fund / NSSF / NSSF’s Reports / Phnom Penh / Royal Government of Cambodia / traffic accidents / tuk tuk drivers / workers / working conditions / workplace deaths / workplace injuries
The number of officially recorded workplace deaths in Cambodia increased by more than 25 per cent from 2011 to 2012, while the vast majority of those injured at work were women, National Social Security Fund figures released yesterday reveal. A total of 59 people were reported ...
http://www.phnompenhpost.com/2013061466277/National/work-related-deaths-injuries-rose-in-2012.html
Thailand, Cambodia Recommit to Border Growth
- 12 June 2013
- The Cambodia Daily
- Coal / Economy and commerce / Energy / Environment and natural resources / Exports / Extractive Industries / Extractive industries policy and administration / Forest products / Forests and forestry / Generation and distribution facilities / Imports / Land / Logging and timber / Minerals and mineral products / Trade
- Battambang / Battambang Province / borders / Cambodia / Cambodian Deputy Prime Minister Hor Namhong / coal / coal power plants / construction / economic zones / Electricity / energy / Foreign Affairs Minister Hor Namhong / Hor Namhong / illegal border crossing / illegal logging / Infrastructure / international checkpoints / Koh Kong / Koh Kong Province / Koy Kuong / Ministry of Foreign Affairs spokesman Koy Kuong / Oddar Meanchey Province / Phnom Penh / power plants / Preah Vihear / Preah Vihear Province / Pursat and Oddar Meanchey / Pursat Province / rail connections / Railways / road connections / roads / SEZs / Special Economic Zones / Surapong Tovichahchaikul / Thai Foreign Minister Surapong Towichukchaikul / Thai-Cambodian border / Thailand / Trade
The foreign ministers of Thailand and Cambodia signed a memorandum of understanding in Phnom Penh yesterday reconfirming their commitment to developing their joint border with new economic zones, checkpoints and a 1,800-MW power plant. “We have agreed to create four international checkpoints to improve trade ...
Corruption worse than in Bangladesh: NGO
- 12 June 2013
- The Phnom Penh Post
- Economy and commerce / Exports / Safety and health at work / Trade
- ACILS / American Center for International Labor Solidarity / Bangladesh / Better Factories Cambodia / BFC / Bribery / collapse / construction / Corruption / Dave Welsh / Factories / factory ceiling collapse / Factory collapse / Footwear / Garment factories / garment sector / garment workers / garments / health and safety / illegal construction / International Labour Organization / International Labour Organization technical specialist / International NGOs / Jason Judd / labor / Leng Tong / Ministry of Labour / Ministry of Labour’s occupational health and safety department director / NGOs / nongovernmental organizations / Pakistan / payments / Rana Plaza / Rana Plaza factory / Shoe factory / shoes / TI / Transparency International / Wing Star factory / Wing Star Shoes Co Ltd / Wing Star Shoes factory / workers / working conditions
In a country where corruption is as rife as it is in Cambodia, global brands must work with governments to ensure garment factories are safe and working conditions legal, international NGO Transparency International (TI) said yesterday. In Cambodia, where two workers were killed when a ceiling ...
http://www.phnompenhpost.com/2013061266221/National/corruption-worse-than-in-bangladesh-ngo.html
Hor Namhong Asks for More Cash for Rail Project
- 11 June 2013
- The Cambodia Daily
- Aid and development / Asian Development Bank (ADB) / Economy and commerce / Exports / Imports / Infrastructure / Investment / Land / Multilateral development assistance / Rail / Sihanoukville / Trade / Transport infrastructure and facilities
- ADB / Alison burrows / Asian Development Bank (ADB) / Australian aid / Australian Ambassador Alison Burrows / Australian government / bilateral trade / Cambodian Deputy Prime Minister Hor Namhong / construction / consumer prices / evictions / Foreign Affairs Minister Hor Namhong / Hor Namhong / Infrastructure / Investment / Land rights / Phnom Phnom / Poipet city / rail line / railway / railway network / railway project / railway system / Railway system northern section / Railway system southern line / seaport / sihanoukville / Sihanoukville Autonomous Port / Sihanoukville province / Thai Border / Thailand / Trade / transport / U.S. State Department
Foreign Affairs Minister Hor Namhong made another appeal to Australia for additional funds to complete a behind-schedule project to rehabilitate the country’s railway network, this time to newly appointed Australian Ambassador Alison Burrows, according to a ministry spokesman. While work on the Southern Line of the ...
http://www.cambodiadaily.com/news/hor-namhong-asks-for-more-cash-for-rail-project-30272/
British Minister kicks off SE Asia tour in Cambodia
- 10 June 2013
- The Cambodia Herald
- Economy and commerce / Exports / Imports / Investment / Trade
- ASEAN / ASEAN countries / Bangkok / bilateral trade / British Alumni Association of Cambodia / British Ambassador to Cambodia Mark Gooding / British Chamber of Commerce / British Embassy / British minister for trade and investment Lord Green / cereal / construction / Exports / Footwear / footwear imports / foreign markets / garment / garment imports / goods and services / Hanoi / Ho Chi Minh City / Imports / international markets / Investment / Jakarta / Kuala Lumpur / Lord Green / machinery / machinery imports / Mark Gooding / Naypyidaw / Pharmaceutical Products / Phnom Penh / Prime Minister Hun Sen / Prudential / Quantum Clothing / Rangoon / Singapore / sugar / sugar imports / textile imports / textile raw materials / Textiles / Trade / UK / UK companies / UK exports / UK goods and services / UK Imports / UK trade / UK Trade and Investment / UK Trade and Investment office / UK Trade and Investment office within the British Embassy / UKTI office / Vattanac Capital
Britain’s Minister of Trade and Investment Lord Green is starting his two week visit to Southeast Asia, to promote opportunities for British businesses, in Cambodia Monday, June 10, 2013. The promotion of British businesses is part of a larger effort to enhance the support available to ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=NjM3MDY2YzIyODJ
Construction Begins to Repair Phnom Penh’s Destroyed Street 63
- 7 June 2013
- The Cambodia Daily
- Economy and commerce / Infrastructure / Phnom Penh / Roads and bridges / Transport and shipping / Transport infrastructure and facilities
- Aqua Boutique Guest House / construction / drainage project / drainage system / flood control / flooding / Infrastructure / Japanese International Cooperation Agency / JICA / Ly Chhuong Construction Company / national election / Phnom Penh City Hall / potholes / PPCH / road conditions / Road construction / roadworks / sewage / Street 63 / Sumito Construction Company / Tourism
Workers with heavy machinery began repairing Phnom Penh’s busy Street 63 on Thursday in order to get rid of the potholes and cracked concrete that has turned the street into a divot-ridden, water-logged throughway since new pipes were laid six months ago. The Japanese International Cooperation ...
Satellite cities a solution for overcrowded Phnom Penh
- 6 June 2013
- The Phnom Penh Post
- Cities / Economy and commerce / Investment / Land / Phnom Penh
- Boeung Kak Lake / CamKo City / Chrek Soknim / Chroy Changva City / commercial land / construction / Construction projects / Diamond Island / Infrastructure / Ministry of Land Management Urban Planning and Construction / Phnom Penh / Phnom Penh City Hall / Population growth / PPCH / Property / Property Development / Real estate / satellite cities / suburban areas / Traffic / urbanization / Vtrust Property Co / ក្រុមហ៊ុនអចលនទ្រព្យ VTrust
The coming sprawls of Phnom Penh’s new satellite cities will bring about not only opportunities but also challenges for the population. “Any urban area has to sprawl outside the main city areas so that it can keep up with the increasing demand of commercial land,” said ...
Ratanakkiri Dispute Case Drags on
- 6 June 2013
- The Phnom Penh Post
- Ethnic minorities and indigenous people / Judiciary and courts / Land / Land tenure and land titling / Social development
- Adhoc / Adhoc provincial coordinator / Chhay Thy / construction / Disputed Land / ethnic minorities / evictions / Farmland / illegal construction / Keh Chung commune / land clearing / land conflicts / land deals / Land dispute / Land rights / Ly Sokkim Co Ltd / Par Or Village / protests / Ratanakkiri / Ratanakkiri Province / Ratanakkiri provincial court / Ratanakkiri Provincial Court Prosecutor / Ros Saram / Tampuon / villagers
A village chief and an ethnic minority Tompuon villager were the latest people brought before the Ratanakkiri court for questioning after a private company accused villagers of destroying its property. Kvas Cheav, 57, village chief of Par Or in Keh Chung commune, told the Post that ...
http://www.phnompenhpost.com/2013060666099/National/ratanakkri-dispute-case-drags-on.html
Japan provides 36 mln USD grant aid to Cambodia for clean water, education
- 5 June 2013
- Xinhuanet News
- Education policy and administration / Energy / Japanese aid
- Battambang / clean water project / construction / Deputy Prime Minister and Foreign Minister Hor Namhong / foreign aid / Government officials / Hor Namhong / Infrastructure / Japanese aid / Japanese Embassy to Cambodia / Kampong Cham / loans / safe water access / Water resources / water shortage / water supply / water supply facilities / Water treatment plant / Yuji Kumamaru
The government of Japan on Wednesday signed to provide a grant aid of 36 million U.S. dollars to Cambodia for a clean water project and a human resource development project. According to a press statement, the amount of 33.4 million U.S. dollars goes for the ...
Xinhuanet Staff
http://news.xinhuanet.com/english/business/2013-06/05/c_132432490.htm
Families Left Worse off After Railway Project
- 5 June 2013
- The Cambodia Daily
- Aid and development / Asian Development Bank (ADB) / Australian aid / Bilateral development assistance / Development Assistance Committee (DAC) members / Economy and commerce / Infrastructure / Land / Multilateral development assistance / Public health / Rail / Safety and health at work / Social development / Transport infrastructure and facilities
- ADB / Asian Development Bank (ADB) / AusAid / Australian aid / Australian government / compensation / construction / Debt / donor guidelines / donor policy / donors / education / End of the Line / End of the Line report / evictions / foreign aid / government run resettlement sites / Healthcare / Human Rights / incomes / Infrastructure / involuntary resettlement / loans / Phnom Penh / Phnom Penh International Airport / railway network / railway project / railway rehabilitation / railway system / Railways / Resettlement / resettlement sites / Royal Government of Cambodia / safety standards / Sahmakum Teang Tnaut / standard of living / STT / STT report / technical assistance / unemployment
Phnom Penh families being pushed to the city’s outskirts to make way for a $142.6 million railway renovation project funded by Australia and the Asian Development Bank (ADB) are falling into debt and finding it harder to earn money and access healthcare according to a ...
Hun Sen Says Water, Power Shortages to Stay
- 5 June 2013
- The Cambodia Daily
- Economy and commerce / Energy / Generation and distribution facilities / Hydropower dams / Renewable energy production
- ADB / AFD / Agence Francaise de Development / Asian Development Bank (ADB) / clean water / construction / Electricity / electricity shortage / energy / foreign aid / Infrastructure / Japan International Cooperation Agency / JICA / Kandal / Kandal Province / loans / Menachey district / Niroth commune / Phnom Penh / Phnom Penh Water Supply Authority / piped water / Population growth / power outages / PPWSA / Prime Minister Hun Sen / property projects / satellite cities / Takhmoa City / urban growth / urbanization / water / water availability / water pipes / water shortage / water supply / Water treatment plant
Prime Minister Hun Sen said yesterday that the rapid growth of Phnom Penh’s population coupled with the rampant construction of new property projects means that there would always be a shortage of water and electricity in the capital. Speaking to a crowd of thousands who had ...
http://www.cambodiadaily.com/news/hun-sen-says-water-power-shortages-to-stay-29063/
Cambodian PM inaugurates 90 mln USD water treatment plant in capital
- 4 June 2013
- Xinhuanet News
- Aid and development / Bilateral development assistance / Development Assistance Committee (DAC) members / Economy and commerce / Energy / Japanese aid
- Cambodian Securities Exchange / clean water / concessional loans / construction / CSX / financial aids / foreign aid / France / General Election / Hun Sen / Infrastructure / Investment / Japanese aid / national election / Phnom Penh / political stability / Population growth / potable water / PPWSA / Prime Minister Hun Sen / water / water supply / Water Supply Authority / water supply capacity / water treatment / Water treatment plant / water treatment plants
Cambodian Prime Minister Hun Sen on Tuesday inaugurated a new water treatment plant in eastern part of capital Phnom Penh, saying that the plant would meet the rising demand of clean water in the city. The 90 million U.S. dollar plant was invested by the listed ...
http://news.xinhuanet.com/english/world/2013-06/04/c_132430033.htm
Worse than Potholes, Street 63 Roadwork Hurts City’s Image
- 4 June 2013
- The Cambodia Daily
- Cities / Infrastructure / Phnom Penh / Roads and bridges / Transport and shipping / Transport and shipping policy and administration / Transport infrastructure and facilities / Urban administration and development
- air pollution / Central Market / Chaktommuk commune / Chaktommuk commune cheif Un Sam Ang / City Hall spokesman Long Dimanche / clothing stores / construction / drainage pipes / drainage system / drainage system upgrade / flood prevention / Floods / Infrastructure / Japan International Cooperation Agency / JICA / JICA drainage-system project / Long Dimanche / Mao Tse Tung Boulevard / Phnom Penh / Phnom Penh City Hall / pollution / potholes / road conditions / Road construction / roads / Sihanouk Boulevard / skyscrapers / Street 63 / Tourism / Traffic / Un Sam Ang
Skyscrapers, supermarkets and high-end clothing stores along Sihanouk Boulevard may reflect the increasingly affluent side of Phnom Penh, but turning down busy Street 63 toward Central Market the scene is more warzone than Asean capital, with air thick with dust and the road peppered with ...
http://www.cambodiadaily.com/news/worse-than-potholes-street-63-roadwork-hurts-citys-image-28799/
Agreement to boost construction sector
- 3 June 2013
- The Phnom Penh Post
- Economy and commerce / Industries / Investment / Land / Manufacturing / Real estate
- Canadia Bank / CCA / construction / construction sector / construction standard / Constructors Association / Diamond Island satellite city / Im Chhun Lim / Ministry of Land Management Urban Planning and Construction / Overseas Cambodia Investment Corporation / Phnom Penh / Phnom Penh satellite cities / Pung Kheav Se / Real estate / real estate sector / satellite city
An agreement was signed between Cambodia’s Constructors Association (CCA) and the Ministry of Land Management, Urban Planning and Construction two days ago, to tighten enforcement on construction companies here in making them meet industry standards. The ministry’s head, Im Chhun Lim, said that Cambodia’s construction and ...
http://www.phnompenhpost.com/2013060366007/Business/agreement-to-boost-construction-sector.html
NagaCorp rolls dice on $15 million VIP terminal
- 30 May 2013
- The Phnom Penh Post
- Economy and commerce
- airport terminal / airport terminal VIP facilities / airport terminals / Airports / aviation / casinos / CH-aviation / CH-aviation company / Citi / Citi analysis firm / construction / customs department / EBS International / Gambling / gambling laws / gambling revenue / Hong Kong Stock Exchange / Hotels / illegal gambling / immigration / immigration checks / Infrastructure / junket revenue / junkets / NagaCorp Ltd / NagaCorp’s chief financial officer Philip Lee / NagaWorld / Philip Lee / Phnom Penh / Phnom Penh International Airport / private terminals / private VIP terminal / Soy Sokhan / State Secretariat of Civil Aviation / State Secretariat of Civil Aviation undersecretary of state Soy Sokhan / tax revenue / the Naga Terminal / Tourism / transport / travel
A private VIP terminal costing $15 million is being planned at Phnom Penh International Airport by NagaCorp, which hopes that once it is ready – likely by early next year – high-rollers would flock to its casino and double their spending to $8 billion. NagaWorld, the ...