English 
ខ្មែរ 
Rising demand drives construction supply sector
- 30 March 2017
Amid increased demand from the booming construction industry, construction material supply remains a big business in Cambodia. Cambodia’s real estate market has experienced rapid growth in recent years. Growth is driven by strong construction activity, rapid industrialisation and urbanisation, the rising housing needs of a growing population living in the city, growth in business activities and...
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CCA attends 1st construction job fair
- 30 March 2017
Hundreds of engineering students learned about the backgrounds, products and services of Cambodia Constructors Association (CCA) members thanks to the 1st Preah Kossomak Polytechnic Institute (PPI) Job Fair. Hosted at the PPI Campus by the Ministry of Labor and Vocational Training on 17 February the job fair aimed to link students from construction-related majors to various job vacancies in the...
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CCA Greets Hong Kong Business Delegation
- 30 March 2017
The Cambodia Constructors Association (CCA) welcomed a high-level business delegation from Hong Kong in February for discussions on investment opportunities in the kingdom’s construction and real estate markets. During the meeting at the Canadia Bank Office on 27 February, the 20 top executives from CCA member companies exchanged insights with 24 business leaders from Hong Kong Infrastructure D...
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Cambodia Constructor’s Association President takes on new role
- 30 March 2017
As a Chinese-Cambodian descendant and a leading figure in Cambodia’s business community, Neak Oknha Pung Kheav Se was recently elected as the new head of the Cambodian-Chinese Association in Cambodia, succeeding Oknha Duong Chhiv, who has retired after holding the post for the last 16 years. At a dinner reception for over 4,000 Chinese and Cambodian participants presided over by Samdech Prime M...
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Korea-China Club seeks Cambodia investment opportunities
- 30 March 2017
The Cambodia Constructors Association (CCA) gave a presentation on the investment opportunities in Cambodia’s construction and property industries to a delegation representing the Korea-China Friendship Association based in Jiangsu, China in February. The delegation, comprised of some of the largest ventures in the China and Korea construction and real estate industries, aimed to study construc...
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Hcmc Luxury Market Booming
- 30 March 2017
The luxury condominium market is booming in Ho Chi Minh City, as Vietnam’s largest city continues its drive as the powerhouse of the ASEAN real estate sector. A recent CBRE report described the market as ‘upbeat’ with 43, 861 condo units coming online in 2017, with 1,627 of them in the luxury sector. This follows a strong 2016 when 37, 419 units were launched. Though the total of 35,008 unit...
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Myanmar Real Estate Stabilising
- 30 March 2017
Myanmar’s real estate sector is stabilising after heated growth and industry experts believe the market will now become stronger.After the lifting of sanctions and the subsequent influx of international investment earlier in the decade, wild real estate speculation resulted in an overheated market.A 2016 government moratorium on permits for buildings over 9 storeys effectively cooled the market an...
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Government Announces Water Taxi Service
- 30 March 2017
In an effort to provide alternative transport routes to overcome the capital’s traffic congestion and provide improved links between the capitals suburban areas, the government has announced plans to launch a water taxi service. At the recent IBC Business Summit, Minster of Public Works and Transport and Senior Minister Sun Chantol told key business leaders that the government needed to utilise...
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White Building Residents Hold Out for Cash
- 30 March 2017
Many residents in Phnom Penh’s dilapidated White Building appear eager to sell their properties for cash rather than wait for the land to be redeveloped despite the advice of the Ministry of Land Management, Urban Planning and Construction (MLMUPC). After years of rumours surrounding the iconic property, the MLMUPC announced in October 2015 that it planned to work with a developer to build a 21...
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Real Estate Investment Incentives in Cambodia
- 30 March 2017
Investing in Cambodia offers some of the most attractive incentives in the region. However, only projects over a certain size can apply for Qualified Investment Project (QIP) incentives. A Qualified Investment Project (QIP) is an investment project that has received a final registration certificate. To be admitted as a QIP, the investor has to first register the investment project with the Coun...
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VTRUST Tower Opens to Tenants
- 30 March 2017
VTRUST Tower, a 15-storey office building with about 18,000 square metres of high-end leasable area has opened for occupation. Officially launched on 17 February, the uniquely-designed building dedicated to high grade office space is located along Czech Republic Blvd within Phnom Penh’s bustling commercial hub. It has been developed and is operated by VTRUST Group, one of Cambodia’s leading fac...
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Phnom Penh’s High-end Condominium Market STRUGGLES
- 30 March 2017
High-end condominiums are rapidly rising in the premium areas of Phnom Penh, among which the most popular are Boeung Keng Kang 1 and Diamond Island. This trend has however resulted in a split property market and while Phnom Penh’s low-end condominium market remains bullish, the high-end market is struggling amid the risk of oversupply. For property developers, it is right to say that by shif...
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