Construction Focus
China to Invest Usd7bn in Four Sectors in Cambodia
Two giant Chinese property and construction players have formally announced they will invest heavily in four sectors in Cambodia with a capital investment worth USD7bn. The announcement was made in late November in Beijing, China following a working discussion between Cambodian Prime Minister Hun Sen, Mr. Zhang Yuling, Chairman of Greenland Holding Group, and Mr. Cheng Risheng, Chairman of Hena...
Read MorePhilippines to Ease Foreign Ownership
Foreign ownership rules in the construction sector are set to be relaxed in the Philippines after the government announced it is changing its constitution to increase limits in a number of sectors. Philippines Finance Secretary Carlos Dominguez made the announcement at a forum for Japanese investors in Tokyo in October, telling them that the government is also reviewing its Foreign Investment N...
Read MoreAbout Usd62m Second Ring Road in Phase Ii Completes 51%
To divert traffic from cattle truck transportation enter to the street in Phnom Penh city, the Cambodian government has endeavoured to develop the outer ring road. Particularly, the concrete construction work has completed over 50 percent of the whole the project development as of 22nd November. According to the Phnom Penh city hall released.
Read MorePestech Win Bentley Be Inspired Award in Singapore
A Malaysian-owned power infrastructure constructor was awarded a prize for its building a power substation and transmission line in Cambodia. Pestech International Berhad, through its subsidiary in Cambodia Pestech Cambodia Limited (PCL), was granted a 25-year concession by the Cambodian government to build a substation in Kratie province and the transmission line connecting power from a hydrop...
Read Moreរដ្ឋាភិបាលប្រកាសសាងសង់ផ្លូវតភ្ជាប់ពីបាត់ដំបងទៅកោះកុងនៅឆ្នាំក្រោយ
ដើម្បីសម្រួលដល់ការធ្វើដំណើរ និងការដឹកជញ្ជូន ជាពិសេសការដឹកជញ្ជូនកសិផលឆ្លងកាត់ពីខេត្តបាត់ដំបង ទៅកោះកុង រដ្ឋាភិបាលកម្ពុជាបានប្រកាសសាងសង់ផ្លូវតភ្ជាប់ពីខេត្តបាត់ដំបងទៅកោះកុង (ផ្លូវជាតិលេខ៤៨) នៅឆ្នាំ ២០១៨ ខាងមុខនេះ។ ថ្លែងក្នុងពិធីប្រគល់ និងទទួលជាផ្លូវការស្ពានកោះកុង ដើម្បីដាក់ឲ្យប្រជាពលរដ្ឋប្រើប្រាស់ដោយឥតគិតថ្លៃ កាលពីថ្ងៃទី១០ វិច្ឆិកា ឯកឧត្តម ស៊ុន ចាន់ថុល រដ្ឋមន្ត្រីក្រសួងសាធារណការនិងដឹកជញ្ជូន បានម...
Read MoreBattambang-koh Kong Connected Road to Be Constructed Next Year
To ease the commuting and transportation flow - especially to take the agriculture product from Battambang to Koh Kong; the Cambodian government has announced to commence road construction, in the next coming year, from national road 48 in Koh Kong to Battambang province. ..............(The full text comming soon) https://youtu.be/smV2NH13AD8
Read MoreCapitaland Looks to Future With Alibaba and Lazada
Leading Singaporean property company CapitaLand is making agreements with two major e-commerce players in the real estate sector. Capitaland has entered into agreements to manage Alibaba’s Shanghai Center, which comprises four office towers and a retail podium, as well as with Lazada to launch an online mall.CapitaLand and Alibaba Group are looking to integrate their retail with offline and online...
Read MoreHome Ownership a Priority in Southeast Asia
A Regional Consumer Sentiment Survey by online property group PropertyGuru has shown that owning a home remains a high priority for citizens of major Southeast Asian nations. The September survey reflected the strong desire by consumers in Singapore, Malaysia, Indonesia and Thailand to purchase residential property with 50 percent of recipients intending to buy within the next six months. In...
Read MoreKoh Mak Beachfront on Offer
A slice of untouched beachfront on Koh Mak island in Gulf of Thailand near the Cambodian border has been put on the market as part of plans to attract more development to the slice of paradise. Just 16 square kilomeres in size, Koh Mak is surrounded by 50 other secluded islands in a radius of just 20km. Award-winning villa developer Siam Royal View Group (SRV) has announced plans to sell 430...
Read MoreHcmc Ghost Tower Repossessed
A notorious uncompleted tower project in Ho Chi Minh City, Vietnam has been repossessed by creditors amid claims that over USD300 million in debt has been accrued by investors. The Saigon One Tower in the city’s District One area has stood empty since 2011 following a local property market crash. Construction on the “Ghost Tower” as it has become known began in 2007 and work on the 195m, 41-sto...
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