CCA urges Japan to help enhance standard of construction contract in Cambodia amid challenges

The Cambodian Constructors Association (CCA) has asked Japanese experts to share their experiences and help strengthen the quality of construction contract standards in Cambodia, while also encouraging Japanese investors to invest more in the construction sector.

The proposal was made during a meeting between the CCA and a subsidiary of Japan’s MUFG on 17 October.

During the meeting, the Japanese firm seeks to understand general legal perspectives of construction projects in Cambodia, especially the government’s construction projects.

CCA representative in response explained to the counterparts the brief information regarding the legal procedure such as bidding requirement, process payment, contract drafting details, pre-grant policy, and project handover procedure, among other necessary legal aspects.

Besides, the association representative also raised the challenges related to construction contract standards in Cambodia and also asked the Japanese side to share experiences and help to improve construction contract standards in Cambodia.

- Video Advertisement -

Related Post

CCA Support the Dissemination of New Construction Law & Regulations Related to Construction Business

The Law on Construction and regulations related to the construction business, recently enacted and issued by the Ministry of Land Management, Urban Planning, were announced through a workshop on 22 April 2024 at the Olympia Hotel. It is attended by more than 100 members from the Cambodia Constructors Association (CCA), who are businessmen and representatives […]

Room to Read’s 20-Year Impact: 339 Library Buildings Constructed in Cambodia

Over the past two decades, Room to Read Cambodia (RRC) has made a significant impact on education by constructing 339 libraries across Cambodia. This milestone was announced by the Ministry of Education, Youth and Sports on 9 April 2024. In addition to the construction of libraries, RRC has established 2,111 school libraries and provided training […]

Cambodia Emerges as Prime Investment Hub in ASEAN, Declares Deputy PM

Cambodia is the heart  for investment within the ASEAN region, according to HE Sun Chanthol, Deputy PM and First Vice President of the Council for the Development of Cambodia. Speaking at the 2024 ASEAN-Cambodia Business Summit, he emphasised Cambodia’s strategic location and immense potential, making it an irresistible destination for investors. With Cambodia positioned at […]

Singapore New National Plan Commits Over US$15 million on Scholarships for 15,000 Top Students to Study AI Technology

Singapore has unveiled an ambitious plan to bolster its global standing in business and innovation by injecting more than S$1 billion, equivalent to over US$743 million, into artificial intelligence (AI) initiatives over the next five years. The announcement came as part of Singapore’s 2024 National Budget, demonstrating a strategic push towards technological advancement and economic […]

Cambodia Pioneers Digital Education with Launch of First Digital University in Kampong Speu Province

The Cambodian government has taken a significant step towards advancing digital education by issuing a sub-decree to establish the country’s inaugural digital university in Kampong Speu province. Sub-Decree No. 60, signed by Prime Minister Hun Manet on 22 March 2024, heralds the establishment of the Digital University of Cambodia (DUC), a pioneering private higher education […]

University of Digital Economics, Veal Sbov Branch, Valued at Over US$6 Million, Officially Unveiled by PM Hun Manet

The University of Digital Economics and Technology, worth more than US$6 million, built on 6 hectares of land in Veal Sbov Village, Sangkat Veal Sbov, Khan Chbar Ampov, Phnom Penh, has been officially inaugurated. The grand inauguration of the University of Digital Economics and Technology’s new branch, an investment exceeding US$6 million, situated on a […]