News
Furniture Business On The Rise
More people are buying furniture thanks to a growing construction sector and solid economic growth. Cambodia’s economy grew by 6.9 percent in 2011 and is expected to grow by 6.5 percent for the next two years, according to the Ministry of Economy and Finance. Meanwhile, the ...
Land grants affected 11,377 families in 2011, rights groups say
More than 11,000 families were affected by government-granted economic land concessions in 2011, nearly 3,000 more families than were affected the previous year, according to figures released yesterday by local rights group Licadho. A total of more than 2 million hectares of the country’s forests and ...
Deadline extended for comment on new urban planning rules
The Ministry of Land Management is giving a brief reprieve to non-government groups and donor partners who missed yesterday’s deadline to comment on a draft sub-decree aiming to guide and regulate the country’s urban development. After making the Sub-Decree on Urban Planning and Town Areas public ...
Report finds Cambodia's land disputes back on the rise
Following a dip in 2009, new land disputes increased last year by more than 50 percent to 28, while the total number of ongoing cases is now 282, according to a report released yesterday by the NGO Forum. Culled from media and field reports, each recorded ...
Government Awards Land Reform Organizations
Representatives from German, Finnish and Canadian development agencies were awarded honorary medals by Minister of Land Management Im Chhun Lim on Wednesday for their work in the country’s land sector. The awards ceremony comes just weeks after it emerged that the World Bank had frozen ...
Adhoc Calls for Stronger Indigenous Land Rights
The government must correctly implement the Land Law and allow indigenous people greater access to collective titling of their native territories, human rights group Adhoc said yesterday in a statement. Although there is a provision in the Land Law allowing indigenous groups to obtain collective ...
Plans Name Developer of Sisowath Quay Site
Architectural plans of a property development that is blamed for causing structural damage to French colonial-era buildings on Phnom Penh’s Sisowath Quay show drawings of a five-story residential building, complete with underground car parking. According to the plans, dated July 11, the mysterious company behind ...
Riverside Site Not Ours, Says Vattanac
Vattanac Properties Ltd’s president has denied ownership of a building site where construction has damaged the surrounding block of historic French Colonial era buildings. Chhung Leang who is also a cofounder of Vattanac Bank has said that the site is owned by an individual but ...
Officials Fear Collapse of Riverside Buildings
Ministry of Land Management officials have said that colonial-era buildings along Phnom Penh’s riverside could collapse as a result of damage received from construction next door. The buildings along the Sisowath Quay could be in an even more perilous position as a result of the ...
Vattanac: A Tale of Two City Developments
Vattanac may still be a family business, but a symbol of its big aspirations can be seen emerging from Phnom Penh’s skyline on Monivong Boulevard, where the company is building a 38-story tower that will house its headquarters next year. The tower, which was designed ...
City to Assess Damage to Riverside Buildings
Daun Penh district deputy governor Sok Penhvuth said yesterday that he had ent Phnom Penh Municipality a time line of events at a Vattanac Properties construction project that has severely damaged buildings along Phnom Penh’s Sisowath Quay. The report was sent ahead of the creation ...
Construction material imports on the increase
A return to work on larger construction projects in Cambodia is leading to an increase in the impartation of construction materials, experts said yesterday. Cambodia’s construction materials are generally imported from China, Vietnam and Thailand, and also as far afield as Europe, said Khuon Savuth, Statistics ...
Luxury Projects Set for Olympic Stadium Area
Government approval has been granted to the Overseas Cambodia Investment Corporation (OCIC) for the development of high-end condominiums, a hotel, shopping mall and more on the land surrounding the Olympic Stadium in Phnom Penh. OCIC is in the process of obtaining a 99 year lease ...
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