Construction News

THE HYPOTHEC REVOLUTION
THE HYPOTHEC REVOLUTION

The Cambodian Law on Application of the Civil Code was implemented in 2011 and abrogated some provisions of the 2007 Civil Code, and the 2001 Land Law. The new law has significantly impacted the structuring of business operations related to security rights, including for financial institutions providing credit. “The new law divides mortgage loans (guarantee) into two categories; Pledge and Hypothec none of which allow the creditor to possess the debtor’s title deed,” Sok Pi Read More


CHAN SIM: CAMBODIA?S LIVING  HUMAN TREASURE
CHAN SIM: CAMBODIA?S LIVING HUMAN TREASURE

Angkor Wat and its pantheon reflects Cambodia’s pride in traditional sculpture, carving and architectural decoration. But whenever these traditional arts are discussed today, Prof. Chan Sim is usually mentioned.  Born in 1936, Prof. Chan is among the nation’s few surviving legendary artists with advanced skills in carving, sculpture and traditional architectural decoration. This master has sacrificed over half a century of his lifetime training young Cambodians in these skil Read More


PLAYGROUNDS  IN CAMBODIA- SAFETY FIRST!
PLAYGROUNDS IN CAMBODIA- SAFETY FIRST!

The need for our children to go and out and play is absolutely necessary, but the impact of 21st century technology could be the death of play for tech-savvy children.  As playground, safety flooring, park & recreation specialists, it is essential to ensure that the play environments we construct assist in the fundamental development of all healthy children. Playgrounds can improve their physical and mental growth through stimulating motor skills, physical development, psychological Read More


STAYING SAFE WITH PERFORMANCE BANK GUARANTEES
STAYING SAFE WITH PERFORMANCE BANK GUARANTEES

Cambodian banks play a vital role in ensuring business transactions go as planned, especially in the construction sector. Still, many people don’t understand how a “performance bank guarantee” works, especially in Cambodia’s thriving building sector. Unlike a bank guarantee that is used to strengthen general contractual relations between two parties, a performance bank guarantee is specifically applied to business agreements involving construction projects, i.e. gener Read More


BUILDERS HELPING THE COMMUNITY
BUILDERS HELPING THE COMMUNITY

Established in Cambodia in early 2011, Lighthouse Club Cambodia chapter hosts the gathering monthly to raise funds to support those in the construction industry, including students with limited resources. It also serves as an arena where guests can promote good relations and build business networks.  The May 8th meeting welcomed around 50 local and international members and guests and was hosted at the Quay Hotel by HSC Co., Ltd. an air-conditioning system, painting, decoration and sani Read More


BEHIND THE STRUCTURE
BEHIND THE STRUCTURE

Construction of an awe-inspiring building or even a fairly simple structure requires a series of complicated procedures which few people outside the construction industry know much about. Chief Architect Som Vuthy of Sokha Hotel & Resorts, Cambodia’s largest hotel developer, goes through the process step by step. An architect is the first specialist called in to transform a client’s needs, or even dreams, into reality. He or she must hold consultations with the client to come Read More


CONSTRUCTION IN BRIEF
CONSTRUCTION IN BRIEF

CAMBODIA: CONSTRUCTION INVESTMENT SURGES IN FIRST QUARTER Investment in Cambodia's construction sector reached US$851 million in the first three months of 2014, up 311% compared to the same period last year, official figures showed in May. From January to March, the Ministry of Land Management, Urban Planning and Construction provided licenses to 50 construction projects, up 39% from 36 projects over the same period in 2013. Construction projects included condominiums, residential unit Read More


ATAI DAM BEGINS  OPERATION
ATAI DAM BEGINS OPERATION

After five years of construction, the Atai hydroelectric dam went fully online in April. Able to generate 120-megawatts of electricity, officials say they hope it will aid in boosting the local economy.  Built on the Atai River in a remote region of Pursat province, some 340 kilometers west of Phnom Penh, the hydropower dam cost a total of almost US$370 million. Of that, US$255 million was spent on the power plant itself and another US$113 million went to the construction of transmissio Read More


FRANCE MAKES $15 MILLION LOAN FOR CLEAN WATER AND
FRANCE MAKES $15 MILLION LOAN FOR CLEAN WATER AND

The French development agency AFD loaned Cambodia US$15 million in late April to promote clean water and boost rural electrification in the Kingdom. The loan agreements were signed on April 28 by Finance Minister Aun Ponmonyroth and Chargé d'affaires a.i. of the French Embassy in Cambodia, Alain Fortin, and André Pouillés-Duplaix, AFD director for Cambodia and Laos. According to an AFD press release, the concessional loan was released to the Foreign Trade Bank (FT Read More


NEW ROAD FROM BATTAMBANG TO THAI BORDER AIMS TO BO
NEW ROAD FROM BATTAMBANG TO THAI BORDER AIMS TO BO

A new road stretching 176 kilometers has been inaugurated linking the province of Battambang to the Thai border. It is hoped that the road will transform a region marked by war and conflict into one better known for vibrant development and economic activity. National Road 57B was officially opened to traffic on March 10 after three years of construction. Worth US$90 million and paid for with the help of a loan from the Chinese government, the road will strengthen the region’s infrastru Read More


Camcona
Campu Lunpac
Comin Khmer
ETS Cambodia
LCC
SCG
MULTICO
Ocean
Seara Sports Engineering and Creation Asia (Cambodia) Co., Ltd.
TEM
TPC
Wiki
Rinnai
Kansai Paint
Cambodia Business Partner
Camcona Group
KRock
Plus Enterprise
United Mercury Group
Muhibbah Engineering (Cambodia) Co., Ltd
Dynamic Scientific Co., Ltd
CBMS
BMSC Business Machines & Supplies Center
Business Machines & Supplies Center (BMSC)
home.58cam
UPG Cambodia
Fuxin Steel Buildings co. ltd
Phnom Penh Precast Plants co. ltd
Legrand
Sika Cambodia
Group Four
Sokea Garden
ISI PALM co., LTD
Star 5 Condo
Diamond Glass
Schwing Stetter India
YY TYY Taiwan