Adb and Myanmar Sign $1b Loan Deal

The Asian Development Bank signed a deal with the Myanmar government in May for $1 billion in loans, investments, and guarantees directly to private companies and projects in the country until 2016. The funds will be directed into infrastructure investment projects in areas ranging from logistics and connectivity, power generation, telecommunications and urban development, to financial sector a...

Read More

Go Ahead and Build ? But Be Aware of Financial Term

The Cambodian building industry is flourishing and construction sites seem to pop up every day, especially in Phnom Penh. Private, public and foreign investment groups realize that now is the time to build and invest here. Labor and local materials are still considered cheap and accessible, which is good for the building industry. So yes, go ahead and join the investors, but watch out – there are ...

Read More

1000 Chinese Projects Opened to Foreign Investors

China’s National Development and Reform Commission (NDRC), has announced that more than 1,000 proposed infrastructure projects worth an estimated total of $317.75bn will be open to both private and foreign investors. The proposed public-private partnerships (PPPs) list is expected to bring in private finance for projects including water conservation, transport, public services, natural resource...

Read More

Poor Building Safety Can Hamper Economic Growth

The deadly Rana Plaza factory collapse in Bangladesh in April last year that took over 1,100 lives has had an impact on Bangladesh’s economy. Buyers like Walt Disney have stopped production in the South Asian country over safety concerns and possible damage to their brands. Poor safety standards in several developing countries have many international companies looking anew at where they produce. ...

Read More

Thailand Invests $3bn in Transport Infrastructure

Thailand’s Eastern Seaboard Development Committee recently approved 91 projects under the Eastern Seaboard Logistic and Transportation Infrastructure Development Plan with an estimated investment of more than $3.13 billion. The Transport Ministry said this move aims at strengthening and integrating the whole logistic system in the country’s core industrial area with completion slated for 2018. ...

Read More

Avoiding the Complaints

Many lawsuits between property developer and buyer and property owner and constructor have been heard through the media. It is headache and costly to resolve those disputes inside or outside Cambodia’s court system. Many people admit it. According to Dr. Sok Siphana, Managing Partner of law firm Sok Siphana & Associates, legal services provided by professional commercial lawyers can prevent...

Read More

Archetype Win Futurarc Award

Archetype Cambodia, one of nation’s leading architecture firms has won the prestigious FuturArc Green Leadership Award 2015 for their Laurelton Diamonds complex in the Phnom Penh Special Economic Zone (PPSEZ). Completed in April 2014, the 41,000sqm project was designed from the outset to be environmentally sustainable, utilise local materials and know-how, and provide exceptional working condit...

Read More

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 More

Kingdom?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 More

New 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 More