Local News
Construction Investment Growth Strong in 2013
Despite ongoing political turmoil since elections in the summer of 2013 and fears about possible economic fallout, investment in the Kingdom’s construction industry still surged 31 percent against the previous year. Last year, the government approved 1,641 projects built on over 7.5 million square meters of building space. Combined, the total investment value was US$2.8 billion, a 31 percent ju...
Read MoreKingdom?s Brick Prices Tumble
Brick prices in the Kingdom have tumbled in the last year due to increased demand and production and lower manufacture costs according to a recent report in the Phnom Penh Post. The Post reported that brick prices had fallen to $280 to $300 per 1,000 bricks compared to last year at this time when the price was $320 to $330. One of the key factors behind the tumble has been the introduction o...
Read MoreNew Road From Battambang to Thai Border Aims to Bo
A new road stretching 176 kilometers has been inaugurated linking the province of Battambang to the Thai border. It is hoped that the road will transform a region marked by war and conflict into one better known for vibrant development and economic activity. National Road 57B was officially opened to traffic on March 10 after three years of construction. Worth US$90 million and paid for with th...
Read MoreMines Ministry Sets Sand Price Cap
The lack of competition lets Ministry of Mines and Energy to set the sand price cap of US$3.30 per cubic meter after the ministry has granted license to four companies to legally dredge the sand in late June. While the ministry claim the bidding process is transparent, companies that were granted a dredging license are Chin Lin Construction Company, Tann Kim Eng Company, Khmer Anusa and another...
Read MoreFire Hose Reels, Fire Hydrants and Sprinkler Systems Explained
By Paul Hurford, Managing Director, AZISAFE Wet fire systems are a serious consideration in the design of any new project, and they can be an expensive addition. However, retrofitting them after a building is completed is an extremely difficult and more expensive task. Ensuring you select the best system for your project needs to be more than simply following the building standard or code you h...
Read MoreFrance Makes $15 Million Loan for Clean Water and
The French development agency AFD loaned Cambodia US$15 million in late April to promote clean water and boost rural electrification in the Kingdom. The loan agreements were signed on April 28 by Finance Minister Aun Ponmonyroth and Chargé d'affaires a.i. of the French Embassy in Cambodia, Alain Fortin, and André Pouillés-Duplaix, AFD director for Cambodia and Laos. According to an AFD press...
Read MoreAtai Dam Begins Operation
After five years of construction, the Atai hydroelectric dam went fully online in April. Able to generate 120-megawatts of electricity, officials say they hope it will aid in boosting the local economy. Built on the Atai River in a remote region of Pursat province, some 340 kilometers west of Phnom Penh, the hydropower dam cost a total of almost US$370 million. Of that, US$255 million was spent...
Read MoreQuality Cleaning Matters
Manual cleaning is not only very tiring but hygiene and cleanliness also cannot be guaranteed. But with Kärcher cleaning equipment, cleaning work is no longer tough and the quality of the cleaning can also be maximised. Established in Germany in 1950, Kärcher is today one of the world’s leading hi-tech cleaning equipment producers. Knowing its reputation, Meng Leng Eav Co., Ltd, one of the lead...
Read MoreConstruction in Brief
CAMBODIA: CONSTRUCTION INVESTMENT SURGES IN FIRST QUARTER Investment in Cambodia's construction sector reached US$851 million in the first three months of 2014, up 311% compared to the same period last year, official figures showed in May. From January to March, the Ministry of Land Management, Urban Planning and Construction provided licenses to 50 construction projects, up 39% from 36 proj...
Read MoreBosch Posts Double Digit Growth
Robert Bosch, a leading global supplier of technologies and services has recorded double digit sales growth in the Cambodian market since its official establishment in the kingdom in 2010. While Bosch manufactures and supplies a wide range of hi-tech tools worldwide, it supplies four product categories in Cambodia; automotive after- market parts, power tools, security systems, and drive and con...
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