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ខ្មែរ 
LEGISLATE TRANSACTIONS URGES CVEA
- 1 April 2016
To ensure sellers to use a registered real estate company to value their property before placing it on the market, the CVEA has called on the government to regulate all property transactions as part of the pending management law. The initiative would mirror the US model and is designed to control speculation and artificial price jumps in the local real estate market. Ensuring stability and cons...
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Bosch’s 2015 Sales Surpass €70bn
- 1 April 2016
Robert Bosch, a world leader in technologies and services, announced that its 2015 sales exceeded €70 billion for the first time in its history—marking a 10 percent growth against 2014 sales of about €65 billion. Driven mainly by an increasing number of solutions for the connected world, the growth varied among its four business divisions, according to the company’s press release published in e...
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Views Vary on Future of Phnom Penh at Gac
- 1 April 2016
The recent announcement of the Phnom Penh Urban Master Plan provided the backdrop for a robust discussion on the future development of the capital among industry insiders at the 2nd Annual Global Alumni Convention (GAC) organised by IDP Education in January. December 2015 saw the Cambodian government adopt a comprehensive urban master plan for Phnom Penh to ensure the sustainability o...
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CM Joint Committee Proposed for Cambodia
- 28 March 2016
The Construction Management Association of Korea (CMAK) has been assisting Cambodia to implement the Construction Management System (CM) with the aim to improve construction quality for future buildings in the kingdom. To ensure effective CM improvement, CMAK proposes setting up a joint committee called the Cambodia-Korea Construction Collaboration Committee that will comprise of entities from ...
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Meng Leng Eav Opens Innovative Showroom
- 28 March 2016
With Meng Leng Eav Group’s innovative new showroom now open, customers and visitors will have more satisfying and compelling experience when sourcing their needs from the largest supplier of power tools and agriculture and engineering equipment in Cambodia. Located along Mao Tse Tung Blvd in front of Chinese Embassy, the 3-floor showroom was officially launched on 26 February and doesn’t only s...
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From Supply to Manufacturing: a Market Leader’s Perspective
- 28 March 2016
For Meng Leng Eav Co. Ltd, regional economic integration will not result in any significant impact on business. Cambodia’s leading specialist in supplying quality power tools, agricultural, and engineering equipment currently distributes over 10 exclusive and another 5 non-exclusive brands after first establishing the business over 20 years ago. In today’s more competitive environment, the company...
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Setting Up a Joint Venture: the Risks and Realities
- 27 March 2016
Joint ventures (JVs) in the construction industry are common around the world. Although more companies in Cambodia are entering into such business agreements, the concept is still not widely understood here. A contractual JV could be an unincorporated or incorporated arrangement among firms created by a contract, usually referred to as a JV agreement, to develop a specific business opportunity....
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OCIC, Cambodia’s Leading Developer
- 18 March 2016
Despite being one of the largest financial and infrastructure / property development companies in the nation, there are many in the industry that remain unclear on the background of OCIC. In this exclusive profile, Construction & Property Magazine lifts the lid on the background and portfolio of this business empire. Established in 2003, the Overseas Cambodian Investment Corporation (OCIC) ...
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CCA Hosts Four Events in Three Days
- 18 March 2016
December 3-5, 2015 heralded a great milestone for the Cambodia Constructors Association (CCA) as it successfully hosted four consecutive events to promote its members and the building and property industries in Cambodia: the 4th Annual Summit, 2nd Construction Expo, 4th CCA Business Networking Party, and the Construction Development Seminar. The CCA was founded under the initiation of the Minis...
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Meridian International Holdings: Like No Other
- 18 March 2016
In a growing economy, one can see construction cranes and development projects overwhelming cities with the building of high-rise towers and modern malls while fancy restaurants and eateries including fast food chains and cafés challenge for space to whet the appetites of a population becoming exposed to the better things in life. That is the barometer of economic growth, and this is the new Phnom...
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Phnom Penh to Gain More Infrastructure
- 16 March 2016
To cope with the city’s expansion and rapid growth in vehicles, more infrastructure projects are expected to be completed in Phnom Penh before 2020. At the grand opening of the 5 January Overpass (Techno Overpass), Prime Minister Samdech Hun Sen approved several more projects for the capital. After acknowledging the ongoing congestion at the Kbal Thnal Sky Bridge, construction will start soon o...
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Industry Leaders to Consider ‘phnom Penh in 2020’ at Gac
- 12 March 2016
A panel of industry leaders will debate what Phnom Penh will look like in 2020 at the 2nd Annual Global Alumni Convention (GAC) on 29-30 January 2016. This annual alumni networking series brings together leaders from industry and governments around a series of interactive panel discussions and social functions to debate the hottest topics facing contemporary Cambodia. The GAC is organised by ID...
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