The US tariffs will negatively impact data centre construction and, as a result, drive up the cost of AI processing. Building data centres requires materials and supplies, construction equipment, electrical components, and cooling systems, even before IT and network infrastructure are deployed. As all construction costs increase, so will the cost of data centre builds, […]
In a pivotal move to enhance the affordable housing landscape in Cambodia, the Ministry of Land Management, Urban Planning and Construction has forged a partnership with AGENT21 GLOBAL. A Memorandum of Understanding was signed on April 24, 2025, to advance affordable housing development projects catering to low- and middle-income families across 25 provinces and cities. […]
India has pledged to enhance its partnership with Cambodia in the field of rural development, as confirmed in a recent meeting between H.E. Chhay Rithisen, Cambodia’s Minister of Rural Development, and H.E. Vanlalvawna Bawitlung, the Indian Ambassador to Cambodia. The discussion highlighted India’s ongoing efforts to provide specialized training courses designed to boost officials’ skills […]
In a significant move to strengthen bilateral relations, the governments of Cambodia and Thailand have officially signed a joint agreement concerning the management, maintenance, and use of the Cambodia-Thai Friendship Bridge, also known as Stung Bot-Ban Nong Ien. The agreement was finalized during a high-profile meeting led by Samdech Hun Manet, Prime Minister of Cambodia, […]
In a significant move to rejuvenate its construction sector, the Ministry of Economy and Finance announced today the continuation of additional tax incentives for stalled building projects in Sihanoukville. This initiative, aimed at developments underway since 2016, will remain in effect until the end of 2028. According to an official notice, the Royal Government’s decision […]
Vingroup, a prominent Vietnamese conglomerate, has officially broken ground on a groundbreaking modern tourist development titled Vinhomes Green Paradise in Can Gio, a coastal area located about 50 kilometers southeast of Ho Chi Minh City. The project, which represents an investment of over 217.05 trillion VND (approximately USD 8.44 billion), aims to create a […]
Thailand’s central bank has announced a major relaxation of mortgage lending rules, raising the loan-to-value (LTV) ratio to 100% for all housing contracts beginning May 2025 through June 2026—an aggressive intervention aimed at reviving the nation’s sluggish real estate sector, which continues to reel from oversupply, weak demand, and soaring household debt, according to World. […]
The Government of Cambodia has officially announced the successful completion of a systematic land survey in Kampong Speu province, which has surveyed a total of 1,088,095 parcels of land. This significant milestone was celebrated during a ceremony chaired by His Excellency, Deputy Prime Minister Hun Many and His Excellency, Deputy Prime Minister Say Sam […]
In a strategic move amidst the global economic downturn, Japanese retail giant AEON is strengthening its presence in Vietnam with the groundbreaking of a new shopping mall. On April 19, 2025, AEON Vietnam commenced construction on the AEON HAI DUONG shopping mall in Hai Duong province, located just north of Hanoi. The project has […]
The Kampong Kor Dam Development Project, along with the Stung Thap Dam Canal, is making significant progress, with construction now approximately 70% complete, as reported by the Ministry of Water Resources and Meteorology. His Excellency Chan Sinat, Secretary of State for the Ministry, recently led a working group to evaluate the site and assess the […]
Cambodia is poised to enhance its healthcare sector with the upcoming launch of a cutting-edge hospital, projected to cost USD 300 million. Several influential tycoons signed A memorandum of understanding on April 21, 2025, signaling a significant advancement in the country’s medical infrastructure. This initiative will deliver world-class medical services directly to the Cambodian […]
The new Ford car assembly plant, operated by RMA CAMBODIA, officially opened its doors in Krakor district, Pursat province, during a ceremony chaired by Prime Minister Hun Manet. This significant investment saw the company’s financial commitment expand from USD 21 million to USD 26.8 million, and the factory’s construction area increased from 5 hectares […]