CMED Construction: Cambodian Made, International Standard Quality
While bringing its first 5-star residential villa in Chroy Changvar to completion, wholly-Cambodian owned company CMED Construction Co., Ltd.
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Mega Airport Announced Southeast of Capital
The Cambodian government has unveiled plans for a new massive airport for construction in Kandal province, southeast of Phnom Penh. Estimated to cost approximately USD1.5 billion, if built it would become one of the world’s largest airports. A document from the Council of Ministers sent to the Ministry of Economy and Finance, and Secretariat of […]
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New Technology Trends for Kingdom’s Construction Sector
The construction industry is one of the strongest pillars of the Cambodian economy having seen remarkable growth over the last few years. According to a Cambodian government report, there was a 20 percent increase in approved construction projects in 2017 over the previous year. The annual report from the Ministry of Land Management, Urban Planning […]
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Schwing Stetter Self Loading Mixers (Slm) Unbeatable & Most Versatile
To meet the challenge of the high demand and fast-moving pace of construction equipment technology, SCHWING Stetter India has bought to Cambodia the latest in technology with a user-friendly, low fuel consumption concrete mixer known as the Self-Loading Mixer (SLM). The Self-Loading Mixer (SLM) is the result of experience gained over decades accompanied by permanent […]
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Construction Contracts in Cambodia
In recent years number, there is been a steep increase in the number of constructions projects in Cambodia — more than 22 percent with an estimated value of USD 6.4 billion in 2017. Accordingly, The Ministry of Land Management, Urban Planning and Construction approved a total of 3,052 projects. This investment is driven by the […]
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Lighthouse Club Diary
The Lighthouse Club Cambodia has lots of upcoming events planned starting with our 4th Annual Golf Day, on Friday 23 March 2018. Players will enjoy a “meet and greet” evening at the Exchange Bar, the night prior to the Golf Day. On the day, tee off for this 18 hole event, will commence at 12:30 […]
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Capitaland Expands Local Footprint
Singapore’s leading property developer CapitaLand purchased the high-rise 37-storey Pearl Bank Apartments in the city-state’s Chinatown area for USD550 million in January to redevelop the site.
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Indonesia Halts Transport Construction After Injuries
The Indonesian government announced an immediate halt to work on public transportation construction sites on 20 February following a spate of serious injuries. The halt was called after seven workers were injured on the site Bekasi-Cawang-Kampung Melayu toll road when a girder pole collapsed on them, leaving them in critical condition. Last month four workers […]
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Arup Aiding Philippines’ Usd11bn Infrastructure Plan
Leading UK-based engineering consultants Arup signed a contract with the Philippines government in February to conduct feasibility studies and plans for new bridges, tunnels, and highways worth over USD11bn as part of the nation’s ambitious infrastructure program. In October 2017, the Asian Development Bank (ADB) approved a USD100m loan to support the Philippine government in […]
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Safari World Phnom Penh to Open in April
After two years of construction, the gigantic zoo Safari World Phnom Penh by L.Y.P Group is set to open for public this upcoming April, according to Agence Kampuchea Press (AKP).
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Real Estate Sector Leading Credit Recipient
The National Bank of Cambodia (NBC) reported in February that USD3.91 billion in bank loans were absorbed by the nation’s construction and real estate sectors in 2017.
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Prices Rocket on Capital’s Shophouses
Shophouses in emerging areas of Phnom Penh soared in price last year as investors look to capitalise on the rise of large retail outlets.
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