Property News Roundup 20th January 2025

17 January 2025 | Posted in News

We’re delighted to share the weekly news highlights below.

  1. Cambodia Needs $8 Billion for Green Economy Transition by 2030

Cambodia needs $8 billion to finance its transition to a green economy, according to the Governor of the National Bank of Cambodia (NBC), Chea Serey, adding that the nation must have a clear vision and strategy to raise the necessary finances.

January 12, 2025 | KiriPost | Link: https://tinyurl.com/ybvh45me

  1. Cambodia Strengthens Transport Infrastructure with UN Partnership

In a significant move towards enhancing Cambodia’s transport and logistics infrastructure, the Ministry of Public Works and Transport has joined forces with the United Nations Office for Project Services (UNOPS).

January 13, 2025 | Construction Property | Link: https://tinyurl.com/387urxk3

  1. Progress Update on Kampong Thom Dam Project: 25% Completion Mark Achieved

The construction of the Kampong Kor Dam is progressing steadily, with 25% of the project now completed. HE Chan Sinath, Secretary of State, provided this update during an inspection of the project on January 12, 2025.

January 14, 2025 | Construction Property | Link: https://tinyurl.com/3a6py5yw

  1. Cambodia’s export up 15.7% to $26 billion in 2024, GDCE says

Cambodia exported goods worth approximately $26.19 billion last year, up 15.7 percent from $22.64 billion in 2023, a report from the General Department of Customs and Excise of Cambodia (GDCE)showed last Friday.

January 13, 2025 | Khmer Times | Link: https://tinyurl.com/4mm6j4xd

  1. Cambodia to Issue 500 Billion Riels in Securities to Balance National Budget in 2025

In a strategic move to bolster its national budget, the Cambodian government has announced plans to issue an additional 500 billion riels in state securities in 2025. This decision, revealed in a press release dated December 23, 2024, aims to enhance investment capabilities while ensuring fiscal stability.

January 15, 2025 | Construction Property | Link: https://tinyurl.com/46jxdv9s

 

  1. Cambodia Welcomes 17 New Investment Projects Worth USD 150 Million in January 2025

In an exciting start to the year, Cambodia’s investment landscape is poised for growth as the country received a notable infusion of capital with 17 new investment projects.

January 15, 2025 | Construction Property | Link: https://tinyurl.com/5dx33zky

  1. CDC approves 10 SEZ investment projects worth $850 million

The Council for the Development of Cambodia (CDC) approved 10 special economic zone (SEZs) investment projects worth $850 million in 2024, creating approximately 4,000 jobs, said a CDC report on Friday.

January 14, 2025 | Khmer Times | Link: https://tinyurl.com/4yyt7vs7

  1. CBRE Forecasts Tough 2025 for Cambodia’s Real Estate Market

Cambodia’s real estate sector is facing another tough year, with the head of CBRE painting a gloomy picture for 2025 during its annual Fearless Forecast briefing, estimating that the market will not pick up until at least 2026.

January 17, 2025 | KiriPost | Link: https://tinyurl.com/5f5r2fbn

  1. Cambodian Government Exempts Local Cement Industry from Special Tax for Two Years

The Government of Cambodia has announced a significant measure to support the local cement industry by waiving the special tax for a period of two years.

January 16, 2025 | Construction Property | Link: https://tinyurl.com/3jen8k5d

  1. Cambodia’s economy projected to grow at 6.3% in 2025

Cambodia’s economy is projected to grow at 6.3 percent in 2025, said the Budget in Brief report for the Fiscal Year 2025, released by Ministry of Economy and Finance (MEF) on Tuesday.

January 17, 2025 | Khmer Times | Link: https://tinyurl.com/ykc82y6z

 

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