English 
ខ្មែរ 
Kampot to Have Own Tourist Terminal
- 31 December 2015
Cambodia’s coastal zone will receive more tourist visitors after a tourist ferry terminal project financed by Asian Development Bank (ADB) goes on line by 2020. In a loan package of US$18 million, approved by the ADB on 25 November 2014, the project will build a marine ferry terminal on 4 hectares of land between the border of Teuk Chhu district and Kampot City. Construction of the terminal wil...
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Building Investment Rise in 3rd Quarter
- 31 December 2015
Investment on building and property industries grows almost 14 percent in the 3rd quarter 2015, said a report by Ministry of Land Management, Urban Planning and Construction. The report states over US$1.7 billion invested on the two sectors by the 3rd quarter this year compared to only US$1.5 billion at that time in 2014. Among the investors, Korean rank first, followed by the Chinese, Japan...
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China to Finance Kingdom?s Giant Sport Complex
- 31 December 2015
The Chinese government will finance the completion of the Kingdom’s mega sports complex Morodok Techo National Sport Complex, said an official at the National Olympic Committee of Cambodia (NOCC). Work on the nation’s biggest sports complex began in April 2013 on an 85-hectare site inside Garden City located in Russei Keo district, about 15 km north of central Phnom Penh. It is intended to be t...
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Hotel Saves US $10k Annually With Rinnai Water Heater
- 31 December 2015
After installing a Rinnai centralized gas water heating system, Harmony Phnom Penh Hotel has saved up to US$10,000 annually on electricity comparing to its previous electricity-based system. Harmony Phnom Penh hotel was officially opened in August 2014 in Khan Daun Penh in Phnom Penh. Its 68 exquisitely furnished rooms, plus a wide range of services and amenities such as on-site fitness center,...
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UK Group Warns About Lack of Building Standards
- 31 December 2015
The factory collapse that claimed over 1,100 lives in Bangladesh in April 2013 brought the issue of building quality and construction standards in developing countries to the world’s attention. During a recent visit to the Kingdom, a UK standards group urged Cambodia to enact strict standards itself to prevent deadly accidents. The UK-based Royal Institution of Chartered Surveyors (RICS), one o...
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Hospitality Drives Vietnam Real Estate Growth
- 31 December 2015
Hospitality assets in Vietnam will lead the growth in the country’s property market, according to Don Lam, the founding partner of Ho Chi Minh City-based VinaCapital, a leading investment management and realty development firm, in an interview with Deal Street Asia. With beachfront projects available at lower costs and beachfront land more competitively priced compared to other markets in South...
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39th ACF Partners With 38th Ifawpca
- 31 December 2015
Thanks to the impetus of globalization, the ASEAN Constructors Federation (ACF), which represents contractors in ASEAN, became a member of the International Federation of Asian & Western Pacific Contractors Association (IFAWPCA) to promote harmony among construction-related communities in the Asia Pacific region. After signing into this cooperation last year, the two groups hosted their res...
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Japanese Pension Funds to Boost Investment in Asia Pacific
- 31 December 2015
Based on the latest research from CBRE, an increase in allocation to real estate by Japanese pension funds in line with international trends could mean an additional $1.8 billion entering global markets in the coming years. CBRE is predicting a significant boost in outbound real estate investments by Japanese investors in the coming years.. CBRE expects Japanese interest in overseas real estate...
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CCA to Launch Worker Training program
- 31 December 2015
The Cambodia Constructors Association has teamed up with three engineering schools in the Kingdom to train workers in the construction industry. The goals are to professionalize the sector and give workers a chance to earn higher wages. An MoU signed by the Cambodia Constructors Association (CCA) and the Cambodian Ministry of Labor and Vocational Training (MLVT) in October 2012 originally set u...
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New Lighthouse Chairman to Raise Profile, Build Networks
- 31 December 2015
Established six decades ago, the Lighthouse Club is widely known among building professionals for its generous campaign to improve construction standards, promote worker safety and support those in need of assistance. Appointed as Chairman for the second mandate of the Lighthouse Club Cambodia Chapter, Euan Ritchie spoke exclusively to Construction and Property Magazine about his plans. Plea...
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Home Loan Or Housing Loan?
- 31 December 2015
Housing loan and home loan are terms often synonymously used by banks. Canadia Bank Plc, however, has distinguished them clearly. Established in 1991, and with branches nationwide, Canadia Bank offers three types of loan; Small and Medium Enterprise (SME) Loans that target micro and medium businesses; Commercial Loans that finance other businesses’ purposes; and Home and Consumer Loans, for per...
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CCA Hosts 2nd Member Networking Party
- 31 December 2015
In a common aim to strengthen business relationships among its members, the Cambodia Constructors Association (CCA) hosted its 2nd member networking party on 25 February. The dinner party which was co-organized by the association and one of its active members, SIKA (Cambodia) Ltd, was attended by almost 200 key Cambodian and foreign executives other potential members from Cambodia’s constructio...
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