Tycoon Ly Yong Phat Teams Up With Thai Firm to Build Huge Construction Material Market

Photo by Global House Cambodia Renowned Cambodian investor Neak Okhna Ly Yong Phat has partnered with a Thai firm to build a huge market selling construction material and decorative products, according to local media Cambonomist. One of the Cambodia businesses owned by Neak Okhna Ly Yong Phat’s LYP Group has entered into a join investment with Thai-based construction materials and decorative...

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Bentley has expanded its business portfolio with strategic partners and acquisition

World-leading infrastructure software development company, Bentley has announced during the ‘Year In Infrastructure 2018 conference’ held in London, the UK from October 15-18 about its business portfolio with strategic partners and acquisitions. In the key announcement by strategic partners during press conference co-speaks by Greg Bentley, CEO Bentley System with Eckard Eberie, CEO Process Aut...

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Cambodia’s Largest Construction Exhibition to Kick Off in November

Cambodia largest construction expo, the ‘Cambodia Constructors Industry Expo 2018’, is set to kick off in November bringing together more than 300 exhibitors and thousands of exhibition goers. After being successfully hosted for more than four years, the Cambodia Constructors Association (CCA) is organising its annual event that brings together high-ranking government officials, professionals, ...

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Mace Wins Vietnam Resort Project

UK company Mace has been appointed to oversee design, project and construction on a stunning new resort in Hoi An, Vietnam. Mai House Hospitality Group and Mace will develop the beachfront property into a five star mixed-use luxury resort featuring a hotel, villas, apartments, a golf course and shopping amenities. Designed to celebrate the shape of a Vietnamese lantern and modelled on the Bu...

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Quantity Surveying Not Yet a Well-known Career in Cambodia

Quantity surveyor is actually an occupation in the construction industry to control costs for the developers and contractors within budget. The Royal Chartered Academy Institute (RCA) provides a 16-month Diploma in Quantity Surveying that focus on the four (4) major works for a quantity surveyor, which are measurement, procurement, tender process and contract administration. Measurement Am...

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Japanese Firms Investing in Hotel Projects in Cambodia

Sample photo by Robert Kleiner Photography Since Cambodia is in need for more hotel rooms to accommodate the millions of visitors expected to visit the country, Japanese firm have been focusing on hotel development in the Kingdom. The Ministry of Tourism recently announced on its Facebook page that Japanese companies are starting to invest in luxury hotel projects in Cambodia. According t...

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HOW TO TILE A WET AREA?

4 STEPS FOR A PERFECT TILING OF WET AREAS Wet rooms are essential human spaces across the globe, either a stylish big bathroom, or a practical small shower space, toilets, kitchens, laundry areas, balconies, patios or terraces: Sika offers systems for new and refurbishment works according to the specific requirements in wet rooms. You only need to follow below steps: 1. On a clean and sound ...

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Mega Project Along Tonle Sap River Nearing Construction

On 17 November, 2018, Ms Mey, part of the sales team of Yuetai Group, which now owns the Phnom Penh Harbour site, said the company will begin construction in 2019, following its success in selling out its shop house and condominium projects. According to Ms Mey, the company has made a lot of sales for its first building. Of the 230 stores sold, only two stores remain while most buyers are Cambo...

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Stylish Entertainment Centre ‘The Heritage Walk’ Inaugurated

A Stunning entertainment centre in Siem Reap has officially opened. On 16 November, 2018, ‘The Heritage Walk in Siem Reap was officially inaugurated. Located in the heart of Siem Reap, The Heritage Walk is designed in a Khmer architectural style, with the attractive design of the building reflecting Khmer identity. The entertainment centre was developed by Metro Lifestyle Development and is ...

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Boeng Kak Ti Pir Largest Shareholder in Rental Apartment Supply in Tuol Kouk

While Tuol Kouk District is potentially strong in almost every aspect in property sector, Boeng Kak Ti Pir has captured the highest share of rental apartment supply. This reflect the recent real estate report compiled by one of Cambodia largest property appraisal Vtrust Appraisal Cambodia showing that apartment in Sangkat Boeng Kak Ti Pir has become the largest market leader among other Sangkat...

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Home Loan Regulations Toughen in Thailand

In an effort to reduce speculation in the residential property market, Thailand’s central bank announced new rules at the start of October that will toughen mortgage lending requirements. From January 2019, a cap of 80% will be placed on the loan-to-value (LTV) ratio limit for homes valued more than THB10 million (USD306,466) which means buyers must place a minimum down payment of 20%. The new ...

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Thai Brands Expanding Retail Presence in Cambodia

Rapid economic growth in Cambodia provides opportunity for people to be able purchase goods as well as and experience new services available in the market. With this market opportunity, foreign investors are increasingly supplying goods and services through the establishment of new retail markets across Cambodia. As a result, Thai-based retail brands are expanding their presence in the Kingdom....

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