China Completes Construction of 88 High-rise Buildings in 2018
The popularity of high-rise construction in China's has reached new heights with more than 80 high-rise buildings completed within one year. According to a report on tall buildings released by the Council of Tall Buildings and Urban Habitat (CTBUH), China has recently taken the lead in skyscraper construction, with 88 high-rise buildings completed in 2018, more than anywhere else in the world. ...
Read MoreCambodia Seeing New Property Development Wave
While property market tends to move in certain cycles of development, Cambodia is now seeing a new trend of development towards commercial projects, according to real estate insiders. Speaking on the sidelines of the recent media round table for the launch of the Cambodia Property Awards 2019, Mr Jules Kay, Business Director for the PropertyGuru Asia Property Awards, said that following his mee...
Read MoreFeature Video: Cambodia Construction Expo 2018-2019
<div class="youtube"> https://www.youtube.com/watch?v=kRUjB82yKXk&t=99s </div> Every year, the Cambodia Constructors Association organizes the nation’s leading construction industry exhibition. A central pillar in the association's strategy to attract more investment to the sector, the exhibition promotes business networking and showcases the best products and services available...
Read MoreGovernment Issues Measures to Strengthen Management of State Land
In order to more effectively manage state land, the Ministry of Land Management Urban Planning and Construction (MLMUPC) has issued a letter requesting cooperation from capital and provincial governors. According to a letter dated 16 January, 2019, Deputy Prime Minister H.E Chea Sophara, Minister of MLMUPC requested that the governors of cities and provinces who chair state land management comm...
Read MoreCambodia Property Awards 2019 kicks off
After three years of success, one of Asia’s foremost online property company PropertyGuru Group has officially announced the return of its 'Cambodia Property Awards’. On 15 January, 2019, PropertyGuru Group organizes a media round table to kick off the 'Cambodia Property Awards 2019'competition at Raffles Hotel Le Royal Phnom Penh. The competition is aimed at finding best property in Cambodia. ...
Read MoreCambodia-thailand Eye Trade Expansion on Air Conditioners
Sample photo by thenational.ae With two-way trade continuing to increase every year, Cambodia and Thailand businesses are looking to expand the air conditioner market as a result of a business matching platform held on 16 January, 2019. Aimed at boosting trade in air conditioners, as well as electrical and auto parts, the Thai Department of International Trade Promotion at the Ministry of Co...
Read MoreGovernment to Seek Investment for Road Linking Three Provinces
In a bid to ease travelling and transportation, the government is seeking investment capital for a road construction project linking three major provinces, according to an announcement made by Cambodia’s head of government. Speaking at the inauguration of the Ring Road No.3 on 14 January, 2019, Prime Minister Samdech Techo Hun Sen announced a plan to build infrastructure connecting Koh Kong, Pu...
Read MoreMyanmar Embraces Affordable Housing
Authorities in Myanmar are focusing on increasing the availability and quality of affordable housing. “Although regulations have been created for luxury housing, there is no law covering the ordinary apartments. The government is working to draft such regulations under the National Housing Development Law,” Daw MiMi Tin, deputy director general of the Policy and Project Section of the Departmen...
Read MoreConstruction of Ring Road No.3 Begins
Construction on Ring Road No.3 linking the capital of Phnom Penh to Kandal Province has been officially inaugurated by Cambodian Prime Minister SamdechTecho Hun Sen. On 14 January 2019, Samdech Techo Hun Sen presided over the groundbreaking ceremony for the construction of the 52.9-kilometre Ring Road No.3 which stretches through Kandal Province for 38 kilometres and Phnom Penh for 15 kilometre...
Read MoreChip Mong Inaugurates US$150 Million International Mixed-Use Development
The Royal Field Development Company Limited, a subsidiary of Chip Mong Group broke ground on its 45-storey international mixed-use development, according to a press release issued by the company. On 14 January, 2019, the company began construction on the US$150 million project located along Russian Boulevard near the 5 January flyover. The complex is scheduled to finish construction and open in...
Read MoreADB Selects Ramboll for Development Project in Cambodia
Sample photo by Pixabay The Asian Development Bank (ADB) has selected global engineering firm Ramboll for its development projects in Cambodia, according to the company. Earlier this week, Ramboll said that ADB had selected its company for the large sanitation and wastewater treatment project in the four provinces. “The project will finance for sanitation subprojects in the city of Siem R...
Read MoreUS Firm Aims to Create World Longest U-shaped Building
Responding to the building height limitation in New York, an architectural firm in the United States has designed the world’slongestU-shaped building. Called 'The Big Bend', this stunning building has been designed by US-based architectural Oiio, and will stretch in the heart of Manhattan, New York. Standing 4,000-foot long (about 1,219 metres), 'The Big Bend' was designed by Mr Ioannis Oiko...
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