Cambodia Wealth Mansion in February project progress: all things Mu Yang, ingenuity to build beautiful

Time walking non-stop, the New Year ended in a joyful sound, spring is approaching, the sun is shining, the breeze is calm, the dawn will color the city, and the home will be gorgeous, in every moment of the passage of time, Wells House in brick by the brick record. We shoulder every expectation and trust of the owners, with the ingenuity and delicacy of diligent plowing, to create a satisfactory and comfortable home for the owners.

Because we know that you look forward to a better home, we walk non-stop, in the passage of time, we do not slack off every detail, only for you to present the perfect happy home. Next, I will take you to see the latest project progress of Wells House, and witness the growth of the family with you.

 

In the future, Wells Mansion will start to live up to expectations, turn your expectations into a driving force, and abide by the quality and ingenuity, just to let all the good things come as scheduled!

The repeated outbreak of the disease affects everyone's heart, but I believe that with the strict implementation of the Cambodian government's epidemic prevention policies, we will eventually see the light of victory in the dark!

Over 90% of the Vaccination Rate in COVID-19 vaccination, Cambodia

According to the latest statistics from the Ministry of Health, as of February 22, 14.401837 million people in Cambodia had been vaccinated against COVID-19 vaccination, accounting for 90.01% of the 16 million population.

Cambodia has been vaccinating nationals in five age groups in batches since February 10, 2021, A total of 14.401837 million people received the first dose of COVID-19 vaccination, 13.827084 million received the second dose of Novocain and 6,476,282 received the third dose. Not only that, since the 11th of this month, the Cambodian Ministry of Health for the public in Phnom Penh to carry out a comprehensive fourth dose booster vaccination.

Since November 2021, Cambodia's high vaccination rate has enabled the country to fully resume socio-economic activity in all areas, with the launch of the fourth booster needle, Phnom Penh will strengthen the immune barrier, which will enable Cambodia to achieve faster economic recovery.

Boost the economy! The Government of Cambodia plans a $1 billion stimulus package

The Royal Government of Cambodia has formulated a stimulus plan of more than 1 billion US dollars to boost the economy and mitigate the impact of the epidemic, according to the Cambodian Minister of State for Finance and Economic Affairs, Wangsai Weisut, when talking about the national macroeconomic management in 2022.

Meanwhile, Wangxi Wei said that the Regional Comprehensive Economic Partnership Agreement (RCEP) and bilateral free trade agreements are the driving force to attract foreign investment in Cambodia. The RCEP and Cambodia-China Free Trade Agreement will enter into force on January 1, 2022, while the Cameroon-Korea FTA is expected to enter into effect in the near future.

The implementation of the three major trade will increase the trade flow of Cambodia and attract more international investors to invest in Cambodia. Cambodia's economic and trade opportunities will gradually expand in the future, which will promote the future growth of the Cambodian economy. In the long run, the Cambodian economy will have tremendous development, the future can be expected.

"Phnom Penh - West Port" Expressway Will Be Piloted Open to Traffic

Cambodia's State Minister and Minister of Public Works and Transport Sun Zhantuo 9 to attend the National Land Traffic Safety Committee's annual summary meeting revealed that the "Phnom Penh - Westport" highway will be opened to traffic on a trial basis in July this year.

"Phnom Penh - West Port" highway is the first highway in Cambodia, the project is 190 km long, with a total investment of about 2.019 billion U.S. dollars, construction began in March 2019, and is expected to be officially opened in September 2022.

China-aided Cambodia Highway No. 7 opens to traffic

The China-aided Cambodia Highway 7 project was officially opened to traffic on the 7th of this month. Prime Minister Hun Sen and Chinese Ambassador to Cambodia Wang Wentian jointly attended the opening ceremony.

After the completion of Highway No. 7, it will become one of the highways with high traffic rates and heavy traffic in Cambodia, which will play a significant role in driving poverty reduction and poverty alleviation in the northeastern region of Cambodia.

In full swing infrastructure projects, not only will make Cambodia's cities a new look but will also stimulate the booming real estate industry.

Cambodian Government Formulates New Strategy to Promote Garment Industry

According to State Secretary of the Ministry of Finance and Economics, Wangxi Weisui revealed that the Royal Government is formulating a garment industry development strategy to promote the garment industry to high-value-added products production transformation.

The government wants to see Cambodia's garment industry move toward high-value-added production, Wangsi said. The Government holds this hope because Cambodia's garment industry system is moving forward and making a significant contribution to the national economy. On the other hand, Cambodia's neighboring countries have many problems in the garment industry, and investors and buyers are looking to Cambodia as a destination for increased investment. In 2022, Cambodia's economy is accelerating recovery, although the epidemic has not completely dissipated, but in the universal vaccination, the impact of the epidemic will be reduced to the minimum, the economic development will be rapid progress, and the future development is very promising.