Ocic to Build Temporary Bridge
The Overseas Cambodia Investment Corporation (OCIC) will build a temporary bridge over the Tonle Sap river to ease congestion during the planned renovations to the Cambodia –Japan Friendship Bridge. The company announced in July that it would be investing USD7 million into building the temporary iron bridge stretching from the Sokimex petrol station on National Road 5 across to the Chroy Changv...
Read MoreNaga2 Casino and Resort Launch Soft Opening
Phnom Penh: Along the Tonle Mekong riverside facing off 133 storey skyscraper project, Naga 2 featuring hotel and casino...(full text coming soon)
Read MoreJapanese San to Invest Usd 70 Million for Affordable House
Phnom Penh: Japanese based company Arakawa Co., invest USD 70 million for the affordable house in the areas of 13,680m2 located in Toek Thla market, Toek Thla district, Sen Sok Commune, Phnom Penh... (full text coming soon)
Read MoreNew Singapore Condo Towers Use PPVC
Two new condominium complexes will soon rise above Singapore following a USD113 million agreement between United Venture Development and Dragages Singapore, a subsidiary of Bouygues Construction. The striking design by ADDP Architects consists of two 140-metre, 40-storey tower blocks which will create 505 apartments across a floor area of 46,000 sq.m. Singaporean regulations dictate that 65 ...
Read MoreMegaworld Wins Big at Philippines Awards
Megaword Corporation dominated the fourth annual Philippines Property Awards in April with the property developer taking four major awards, including Best Developer (Philippines) and 13 Highly Commended certificates. As the Asia Property Awards programme continues to grow in its 11th year, we are proud to accomplish our goal to showcase the finest developers and projects from the established an...
Read MoreMitsubishi’s Latest Ac Filters Lead Industry
Since the Montreal Protocol on substances that deplete the ozone layer entered into force in 1989, Mitsubishi hasn’t only agreed to lower its production and consumption of ozone depleting substances but also developed green refrigerants that lead in green air-con products. With the introduction of R410A refrigerant in all Mitsubishi air-conditioning units, users are now enjoying the benefits fr...
Read MoreInovar Floor – Longer Life, Lasting Impressions
Inovar (Cambodia) Pte Ltd has been operating in Phnom Penh since March 2014. Being a direct factory outlet, it supplies quality laminate flooring straight from its factory in Malaysia providing a solid manufacturer’s warranty. Our parent company in Malaysia was established in 1996. Inovar Floor is the pioneer in laminate flooring industry in Asia and its production facilities are equipped w...
Read MoreBentley’s Aecosim Building Designer Connect Edition Surmounts the Challenges of Bim Scalability for Major Projects
September 2017: Bentley Systems, Incorporated, a leading global provider of comprehensive software solutions for advancing infrastructure, announced the availability of AECOsim Building Designer CONNECT Edition, Bentley’s building information modelling (BIM) application designed for building projects of significant size and/or engineering complexity, and which are typically characterised by the ch...
Read MoreRoyal Government Has Bought Koh Kong Bridge
Phnom Penh: Royal Government has decided to buy Koh Kong Bridge...
Read MoreOne Belt One Road Investments Under Scrutiny
China’s recent crackdown on capital outflows simultaneously prioritised One Belt One Road initiatives which has resulted in rapid overseas investments and acquisitions, and these are now coming under greater scrutiny by authorities. In August, in response to these fresh outflows and looser restrictions, China’s National Development and Reform Commission (NDRC) announced that it would be impleme...
Read MoreWorld’s Largest Expo Trade Centre for Thailand
A Thai-Chinese joint venture has announced plans to build the world’s largest expo trade centre on the Gulf of Thailand coast, east of the capital Bangkok. Thai company Best Group and Shenzhen property company Hydoo International are investing USD3bn to build the 2.5 square kilometre Trust City World Exhibition and Trade Centre. When complete in 2020, the facility will host more than 20,000 who...
Read MoreChina Building 30% of World’s Infrastructure
A new report from Timetric’s Infrastructure Intelligence Center (IIC) shows that projects around the world with Chinese contractor involvement make up 16 percent of the global total by project number. However, the size of China-sponsored projects translates to 31 percent of the total global infrastructure project value, which is USD17.1 trillion as of 2017. The report says Chinese contractors a...
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