Chinese enterprises in the construction saw a surge at the CCA 2019 expo

Cambodia’s largest annual construction exhibition for 2019 saw a sharp increase in Chinese enterprises in the construction industry showcasing their products, thanks to the strong cooperation between Cambodia and China.

Held from December 5-7 at the Diamond Island Convention and Exhibition Center, the exhibition, which organized by the Cambodian Constructors Association (CCA), had showcased more than 1,000 products from 350 booths of around 207 local and international companies, with Chinese enterprises growing significantly.

Prominent businessman and Chairmen of CCA Neak Oknha Pung Keav Se said during the event that Chinese enterprise has seen a sharp increase compared to the previous year and the participation in the exhibition shows a positive sign for the construction industry as more products are available in the market.

“Our exhibition increased from year to year, especially this year, Chinese firms hope to expand their market here in Cambodia, and in fact, their showcased products are really interesting”, Neak Oknha Pung Keav Se said. More Chinese firms mean more products and technology available in the market plus prices are quite competitive, making construction cost lesser but with better quality, he added.

Xu Ningning, Executive President of China-ASEAN Business Council, said Chinese enterprises in the construction and related industries are entering Cambodia due to the friendliness of the relation between Cambodia and China. “China and Cambodia are increasingly cooperating in construction and related industries, and are showing complementary advantages and cooperative development,” he said.

He also added that the increase in Chinese enterprises is also due to Cambodia is stepping up its infrastructure construction projects causing an increase of demand for building materials, building materials machinery and construction machinery. According to Xu Ningning Chinese enterprises invested US$2.87 billion in the construction industry of Cambodia, ranking the first among foreign investments.

- Video Advertisement -

Related Post

Cambodia and Australia Strengthen Ties with Investment and Trade Commitment

In a significant step towards enhancing bilateral relations, Cambodia and Australia have pledged to explore new strategies for expanding investment and trade cooperation. This commitment was solidified during a meeting held on May 19, 2025, between His Excellency Hun Manet, Prime Minister of Cambodia, and Ms. Frances Adamson, Premier of South Australia. The discussions highlighted […]

Cambodia and Laos Forge Stronger Agricultural Ties to Expand Mango Exports

In a significant move to enhance agricultural trade, Cambodia and Laos have reached an agreement to boost the export of Cambodian mango products to third countries via Laos’ high-speed rail system. This announcement was made during an official visit from April 30 to May 3, 2025, where H.E. Dith Tina, Cambodia’s Minister of Agriculture, met […]

AEON Breaks Ground on USD 46 Million Shopping Mall in Vietnam

  In a strategic move amidst the global economic downturn, Japanese retail giant AEON is strengthening its presence in Vietnam with the groundbreaking of a new shopping mall. On April 19, 2025, AEON Vietnam commenced construction on the AEON HAI DUONG shopping mall in Hai Duong province, located just north of Hanoi. The project has […]

Malaysia Bets on USD 250 Million Deal to Train 10K Semiconductor Specialists to Spark Homegrown Chip Design Revolution

Malaysia has sealed a landmark USD 250 million semiconductor partnership with UK-based Arm Holdings, granting the Southeast Asian nation access to Arm’s advanced intellectual property as it aims to shift from a manufacturing-based economy to a high-value design and innovation hub in the global chip supply chain. The agreement, formally signed on 5 March 2025 […]

Cambodia’s Steel Imports Surge in Early 2025

Cambodia’s steel imports significantly rose in the first quarter of 2025, with the nation importing iron and steel valued at USD217 million. This marks a remarkable 75% increase compared to USD124 million during the same period last year. According to a report released on 10 April by the General Department of Customs and Excise, iron […]

SchneiTec Dynamic Lists Green Bond Mobilising USD 50 million for Green Energy Development

SchneiTec Dynamic Co., Ltd has listed a green bond on the Cambodia Securities Exchange (CSX), mobilising USD 50 million for its green energy development project in Cambodia. The Official Green Bond Listing Ceremony was held on 11 April 2025, at the Cambodia Securities Exchange. During the ceremony, HE Sou Socheat, a Delegate of the Government […]