Credit for Construction and Real Estate Sectors Remains Robust
The financial stability risk assessment in Cambodia by the National Bank of Cambodia (NBC) has shown that credit for the construction and real estate sectors remains in good condition due to the low rate in non-performing loans. According to the 2018 semi-annual report by NBC, non-performing loans in the construction and real estate sectors are still low. Indicators show that currently non-perf...
Read MorePM officially inaugurates Prek Pnov-Phnom Penh-Takmao water taxi
Prime Minister Samdech Hun Sen presided over the official launching ceremony of water taxi from Prek Pnov to Takmao on 1 August, following the soft opening in April. There are currently four boats in service on this first taxi service of its kind in Cambodia of which two were bought from Vietnam and two are rented from the Royal Express Boat Company. Each is capable of carrying up to 60 passeng...
Read MoreConstruction of the five-star Prince Times Hotel completed
Construction of the luxury five-star hotel Prince Times Hotel located in the heart of Sihanoukville Province has been completed and is scheduled to open next month. On 31 July, Prince Times Hotel Management Co.,Ltd, a subsidiary of the giant Chinese property developer Prince Real Estate Group (Cambodia) announced that the construction of its 193-key hotel is complete and the company plans to ma...
Read MoreRenovations on National Road 3 begin
Renovations on National Road No.3 have begun, according to H.E Sun Chanthol, Senior Minister and Minister of Public Works and Transport (MPWT). During a visit to follow up on the construction project along National Roads 41, 3 and 33, H.E Sun Chanthol said construction of the Chom Chao-BekKoos junction along National Road 3 has commenced. This junction will be expanded to dual carriageway with ...
Read MoreStrong Growth in Construction Project Driven by Residential Construction
Residential construction accounted for more than 80% of the total construction projects in the first half of 2018, according to the semi-annual report from National Bank of Cambodia (NBC). In the first six months of 2018, construction projects totaled to1, 742 projects, an increase of 14% compared to the same period last year. Among the total projects, residential construction contributed 85.25...
Read MoreCreating New World Record in High Rise Construction
SCHWING Stetter name is very much associated with world-famous high rise building construction. SCHWING Concrete Stationary Pumps and Truck Mounted Pumps are successfully deployed worldwide, whenever vast quantities of concrete have to be pumped over exceptionally horizontal and vertical distances. SCHWING provides solutions for high delivery volume with low concrete pressure or low delivery...
Read Moreកូរ៉េដាក់បង្ហាញនូវកាមេរ៉ាសុវត្ថិភាព CCTV និងបច្ចេកវិទ្យាគ្រប់គ្រងចំណតថ្មីបំផុតនៅកម្ពុជា
នៅក្នុងពិភពបច្ចេកវិទ្យានាសតវត្សទី២១ទៅហើយ ហេតុអ្វីត្រូវប្រើមនុស្សដើម្បីគ្រប់គ្រងប្រព័ន្ធសន្តិសុខ និងប្រព័ន្ធចំណតទៀតនោះ? វាដល់ពេលហើយដែលត្រូវឈប់ប្រើប្រព័ន្ធគ្រប់គ្រងចំណតបែបចាស់ដែលប្រើបុគ្គលិកជាច្រើនឲ្យឈរនៅច្រកទ្វាររង់ចាំផ្តល់សំបុត្រទៅឲ្យគ្រប់យានយន្តដែលចូលក្នុងអគារ។ ប្រព័ន្ធគ្រប់គ្រងចំណតអាចមានភាពងាយស្រួលជាងមុនច្រើន តាមរយៈការប្រើប្រាស់ប្រព័ន្ធគ្រប់គ្រងស្វ័យប្រវត្តិឆ្លាតវៃ ដែលដំណើរការដោយមិនចាំបាច់ប្រ...
Read MoreCAMBODIA’S FLAGSHIP construction and property expo to return in November
The Cambodia Construction Industry Expo – Cambodia’s biggest construction industry tradeshow and exhibition - is scheduled to return for the fifth time from 29 November to 1 December 2018 at the Diamond Island Convention and Exhibition Center. The Cambodia Construction Industry Expo is the nation’s flagship building and property expo which has been hosted annually since 2014 by the Cambodia Con...
Read MoreCCA attends China-ASEAN Decoration & Upholstery Industry Cooperation Forum
The Cambodia Constructors Association attended the China-ASEAN Decoration & Upholster Industry Cooperation Forum as the Cambodia representative from ASEAN to discuss current trends and the future long-term relationship between China and ASEAN countries in the architecture and construction industries. Organized by the China-ASEAN Business Council, the forum was held on 11 May in Shenzhen, Ch...
Read MoreA Brief Introduction to REITs and Their Future in Cambodia
AREIT, or real estate investment trust, is a closed-end investment entity that invests in the income-producing real estate. The concept of the REIT was born in the US in 1960 with legislation that was intended to provide investors the opportunity to invest in diversified real estate portfolios the same way they would invest in other liquid securities such as mutual funds and reformed in 1976when R...
Read MoreGovernment rolls back on privately funded infrastructure deals
With the aim of making travel easier for the people, the Royal Government of Cambodia has nixed infrastructure deals on bridges and roads from private companies in recent years, according to a special collection from Fresh News. According to the same source, the government has revoked the concessional contracts from private companies on infrastructure such as National Road No. 4, Veng Sreng Bou...
Read MoreDeal Signed for the City Gate Commercial Complex
The long-awaited deal between Cambodia and China for “The City Gate” mega commercial complex has been officially signed, according to the press release. The Phnom Penh Autonomous Port (PPAP) announced on 19 July, 2018 that it has leased out nine hectares of its land from Chroy Changvar Bridge to the Night Market along the Tonle Sap River to Chinese real estate developer, Chean Chhoeng Thai Grou...
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