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ខ្មែរ 
SIKA marks 15 years serving Cambodia
- 24 May 2017
26 March, 2017 marked 15 years of SIKA operations serving the Cambodian market. SIKA is a global supplier of specialty chemicals in construction headquartered in Switzerland with over 100 years of experience. This giant chemical expert opened its Cambodia subsidiary 15 years ago under the company name SIKA (Cambodia) Ltd. The firm has operated to date with 35 dedicated employees while its lo...
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Construction insurance policies: The main things to know before starting any construction work in Cambodia
- 24 May 2017
According to Article 37 of the Law on Insurance dated 4 August 2014 and the Sub-Decree No. 06 dated 22 October 2001, individual or legal entity who is the owner or the operator of a construction site in Cambodia must take out a construction liability insurance policy before starting any construction work.
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Capital controls bind Chinese project
- 23 May 2017
China’s increasingly strict capital controls are beginning to impact projects in Cambodia including a proposed USD3 billion tourism development in Preah Sihanouk province. Hong Kong-based Guangzhou R&F Properties first announced the coastal hotel project to great fanfare in January 2017. Its founder Zhang Li has now reportedly requested approval from the Chinese government to move the cash ...
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Transmission line contract awarded
- 23 May 2017
The contract to build a second transmission line to connect the Stung Tatai hydropower dam in Koh Kong province to Phnom Penh has been awarded to a Malaysian-owned company. Pestech (Cambodia) Ltd will construct the 220km line which will have a capacity of 230 kilovolts with the project valued at USD100 million. Pestech will undertake all of the design, engineering and construction on behalf of ...
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Compensation derailing Thai link
- 23 May 2017
A rail link between Thailand and Cambodia scheduled to open by mid-2017 could be delayed by the need to provide compensation to 50 families still living along the train track in Poipet town. The Poipet to Sa Kaeo in Thailand line cannot be completed until the families have been relocated from along a 1km section of track. Cambodian Prime Minister Hun Sen and his Thai counterpart Prayut Chan-...
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Vinci Invest in Indonesian Motorsport
- 23 May 2017
Vinci Construction is to build a 120-hectare motorbike racing circuit and tourist complex on the Indonesian island of Lombok. The French company signed a USD500 million deal with the state-run Indonesia Tourism Development Corporation (ITDC), in the presence of French President Francois Hollande and President Joko Widodo of Indonesia. Abdulbar Mansoer, the head of ITDC, said the project woul...
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Malaysia Unveils Rail Route
- 23 May 2017
The proposed route of the 600km East Coast Rail Link (ECRL) has been unveiled by the Malaysian government to allow a three-month window of feedback from the population. The USD13 billion Chinese-financed project is planned to start in the west near the capital Kuala Lumpur cutting across the peninsula and terminating near the Thai border with 23 stations proposed along the route. Following t...
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China’s Capital Freeze Hits Malaysia Project
- 23 May 2017
SCG Cement – Building Materials Company Ltd has expanded its Vietnam holdings with the purchase of Vietnam Construction Materials JSC for USD156 million. The Central Vietnam-based company has a cement production capacity of 3.1 million tons though SCG hopes to increase production through efficiency improvements. “Following this transaction, Siam Cement Group’s combined cement capacity across...
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India, Malaysia Plan Port City
- 23 May 2017
An extension of the world’s 11th busiest shipping port in Malaysia is being planned by an Indian-Malaysian conglomerate to create a huge maritime city close to the capital Kuala Lumpur. Port Klang currently handles over 12 million containers per year and is also the planned start point for the 600km East Coast Rail Link (ECRL) to the Thai border. Two Malaysian companies - Sime Darby and MMC ...
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Chinese to Invest Usd10bn in Philippines
- 23 May 2017
The Philippines Board of Investment has announced that five China-based firms have made applications to establish local companies, investing USD10 billion and aiming to create 15,500 jobs.Huili Investment Fund Management Co Ltd wants to construct a steel mill facility where its Chinese partners can build local factories.YDT International hopes to build a USD1.5 billion shipbuilding and ship repair...
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Lao Press Ahead With Mekong Dam
- 23 May 2017
The Laotian government has announced it is to begin construction on the controversial USD2.3 million Pak Beng hydropower project in 2017. According to Lao Energy Minister Viraphonh Viravong, Lao intends to become the “Kuwait of hydropower in Southeast Asia”. The 912MW scheme is the third of up to eleven dams that the government of Lao is considering for the Mekong and is expected to generate...
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3rd coal power station for kingdom
- 23 May 2017
A subsidiary of Japanese electronics giant Toshiba has won a contract to build the third coal-fired power station in Cambodia. The planned 150-megawatt facility will be located in Preah Sihanouk province alongside the only two other such thermal power plants in the kingdom. Toshiba Plant Systems and Services Corporation (TPSC) will be managing construction of the facility on behalf of Cambod...
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