Construction of Sihanoukville First Shopping Mall Begin
As Sihanoukville sees the rapid growth in larger-scale buildings, construction on the city’s first shopping mall has also begun. On 6 December, 2018, Ms Lim Sokha Davin, sales manager for Furi Real Estate said that construction of Sihanoukville’s first shopping called Furi Times Square had already begun. “Construction of the mall begun sometime in November,” she said, adding that the company...
Read MoreLuxury Japanese INAX Toilets Proving Popular With Developers
The development of the construction sector has created a surge in demand for construction materials in Cambodia, and created an influx of high quality materials from countries across the globe. In particular, construction materials imported from Japan have attracted attention from construction companies and real estate developers in Cambodia due to their outstanding quality and the use of moder...
Read MoreChina to Build Underwater High-speed Rail Line
In a bid to boost tourism and trade, China is to build its first underwater high-speed rail line connecting Shanghai to Zhoushan, according to CNN. According to the same source, the Chinese government gave the green light for the 77-kilometre long underwater high-speed rail line project in November. As claimed by CNN, this new rail line will feature construction of new track of up to 70.92 k...
Read MoreRenowned Cambodia Investor Still Optimistic on Construction Sector Prospects
Despites a decrease in investment for construction sector in 2018, renowned Cambodia investors remain optimistic about the construction and real estate sectors in Cambodia. At the recent construction exhibition organised by the Cambodia Constructors Association (CCA) Neak Oknha Pung Keav Se, Chairman of Canadia Bank and Overseas Cambodia Investment Corporation (OCIC), expressed his optimism abo...
Read MoreLand Minister Sets Out Three Proposals to Promote Construction Standards
In a bid to promote construction standards and to avoid conflicts, Deputy Prime Minister and Minister of the Ministry of Land Management Urban Planning and Construction (MLMUPC) H.E Chea Sophara recently set out three proposals. The statement was made during the opening of the Cambodia Construction Industry Exhibition on November 29, 2018, which was organised by the Cambodia Constructors Associati...
Read MoreArtificial Dinosaur Zoo Planned for Chroy Changvar
In order to attract tourists to Chroy Changva Satellite City, OCIC, led by Neak Oknha Pung Keav Se, is currently developing a huge artificial dinosaur zoo. On 29 November, 2018, Neak Oknha Pung Keav Se told reporters at the Cambodia Construction Industry Exhibition organised by the Cambodian Constructors Associations (CCA) that the construction of the artificial dinosaur zoo would cover more th...
Read MoreConstruction Industry Exhibition 2018 successfully concludes
The Construction Industry Exhibition 2018 which took place from 29 November to 1 December 2018, successfully concluded with thousands of delegates attending. Organized by the Cambodia Constructors Associations (CCA) under the leadership of Neak Oknha Pung Keav Se, the 2018 Construction Industry Exhibition attracted large numbers of visitors and exhibitors. CCA General Manager Mr Chhiv Sivpen...
Read MoreLargest Gathering Yet for Construction Industry at MBAM Onebuild 2018
The Malaysia International Construction & Infrastructure Technology Exhibition (MBAM OneBuild) held in collaboration with the Master Builders Association Malaysia (MBAM) successfully took place from 13- 15 November 2018 at Kuala Lumpur Convention Centre, Malaysia. This year, the exhibition managed to attract thousands of visitors from both the government and private sectors as well as inter...
Read MoreSingapore RCA announces scholarships for grade 12 graduates and construction and property professionals
The Singaporean Royal Chartered Academy Institutes (RCA) has announced scholarship opportunities for students who successfully passed their national examination as well as for working professionals within the construction and property sectors. According to the recent announcement by RCA, these scholarship opportunities are being offered to students who graduated with an A, B, or C grade (the ac...
Read MoreAnnual Cambodia Construction Industry Expo of Cambodia Constructors Association Kicks Off
The annual Construction Industry Exhibition has kick starts under participation of delegates of public and private representative. Organized by the Cambodia Constructor Association (CCA) chaired by Neak Oknha Pung Kheav Se, the Cambodia Construction Industry Exhibition this year has returned bigger and better. The Cambodia Construction Industry Expo 2018 kicks off preside by Deputy Prime Min...
Read MoreConstruction of Gold Tower 42 Remains on Course
After being reinstated following cooperation with Chinese companies, the Gold Tower 42 project,now renamed to GT42, remains on course with construction actively progressing. A few days ago, an employee of Yon Woo Cambodia, the new owner of the GT42 project, told Construction&Property Magazine by telephone that the project is still on going as planned. “There is no change ... we continue ...
Read MoreConstruction and Real Estate Continue to Pose Risks for Financial Sector in Cambodia
While Cambodia's economy is expected to grow by 7.1% in 2018, the construction and real estate sectors continue to pose risk to the financial sector, according to the World Bank. The World Bank report entitled 'Cambodia Economic Update' published on 28 November, 2018, highlighted that "risks in the financial sector continue to grow, with large exposure to the construction and real estate sector...
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