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ខ្មែរ Construction Focus
Planning for the Future
- 9 July 2016
Hun Chansan, design director for Re-Edge Design + Architect and architecture lecturer at Limkokwing University shares his thoughts on the future of construction and architecture in Cambodia. The Phnom Penh Urban Planning Master Plan was unveiled last year to guide the city’s development until 2035. What are the positive and negative aspects you see in the plan and what would you like to see cha...
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Jv Expands Base for Precast Concrete
- 9 July 2016
Cambodian-owned Phnom Penh Precast Plants inked a joint venture deal in early March with leading Thai construction company Vcon Group to diversify its products and gaining a stronger foothold in the market. Phnom Penh Precast Plants expects this joint venture to improve investor confidence and widen its customer base. In addition to the high quality poles, piles, and pipes the firm has been pro...
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INDONESIA HALTS RAIL PROJECT AFTER 5 DAYS
- 7 April 2016
The Indonesian government has halted work on the controversial Jakarta-Bandung high-speed rail project just five days after the ground-breaking ceremony. The chaotic bidding process for the $5 billion project saw the government first halt the bid in favour of a cheaper local line before then finally awarding the bitterly contested bid to China over Japan. The Indonesian transport ministry confi...
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AIIB OPENS FOR BUSINESS
- 7 April 2016
Chinese President, Xi Jinping officially launched the Asian Infrastructure Investment Bank (AIIB) in Beijing on 16 January in a move expected to change the global economic balance of power. “Asia’s financing needs for basic infrastructure are absolutely enormous,” Xi said in a speech at the launch, adding the bank would aim to invest in projects that were “high-quality, low-cost”. The Chines...
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New Cbd Slated for Capital
- 5 April 2016
According to a filing to the ASX by developer Kingsland Global Ltd, an agreement with a subsidiary of Shukaku Inc has been signed to develop 10,000 square metres of undisclosed prime real estate in Phnom Penh’s “central business district”. The agreement paves the way for a JV to build a mixed use development to include a hotel, residential units, retail outlets and office space according to the...
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Thailand and Uk Create Anti-corruption Initiative
- 5 April 2016
The British Embassy in Bangkok and Thailand’s State Enterprise Policy Office have co-hosted a seminar on the Construction Sector Transparency (CoST) Initiative. Last year Thailand signed up to become the 14th member country of CoST, a global initiative to reduce corruption in the construction industry. Mark Kent, British Ambassador to Thailand, said, “it is a challenging process, with constr...
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Construction Law Draft Complete
- 5 April 2016
The Council of Ministers will soon receive the draft Construction Law which may be passed into legislation by mid-2016 according to senior government advisor Sok Siphana. “There are about 300 articles of the draft and we have taken models from many countries and adapted them to meet the requirements in our country,” Mr. Siphana said. “Many laws from foreign countries do not fit the situation he...
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Bosch’s 2015 Sales Surpass €70bn
- 1 April 2016
Robert Bosch, a world leader in technologies and services, announced that its 2015 sales exceeded €70 billion for the first time in its history—marking a 10 percent growth against 2014 sales of about €65 billion. Driven mainly by an increasing number of solutions for the connected world, the growth varied among its four business divisions, according to the company’s press release published in e...
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Views Vary on Future of Phnom Penh at Gac
- 1 April 2016
The recent announcement of the Phnom Penh Urban Master Plan provided the backdrop for a robust discussion on the future development of the capital among industry insiders at the 2nd Annual Global Alumni Convention (GAC) organised by IDP Education in January. December 2015 saw the Cambodian government adopt a comprehensive urban master plan for Phnom Penh to ensure the sustainability o...
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Meng Leng Eav Opens Innovative Showroom
- 28 March 2016
With Meng Leng Eav Group’s innovative new showroom now open, customers and visitors will have more satisfying and compelling experience when sourcing their needs from the largest supplier of power tools and agriculture and engineering equipment in Cambodia. Located along Mao Tse Tung Blvd in front of Chinese Embassy, the 3-floor showroom was officially launched on 26 February and doesn’t only s...
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