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ខ្មែរ Construction Focus
Sc Capital Establish Usd1bn Reality Fund
- 3 October 2017
SC Capital Partners has launched a USD1 billion real estate fund to further expand its property portfolio in Asia Pacific and Southeast Asia. The Singapore-based private equity firm has established Real Estate Capital Asia Partners V (RECAP V) as the fifth such vehicle to manage its investments. The fourth RECAP successfully invested USD850 million in regional real estate after closing in 2014,...
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Green Light For Myanmar Development
- 3 October 2017
The Myanmar government has given the green light for a huge mixed-use development in Bago Region between Yangon and Mandalay. The USD184 million project being developed by Hantharwady Development Public Company will feature housing and an industrial park set on different sites. The residential area will be developed over 100 hectares with the industrial park spread over more than 900 hectares. ...
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Asia Drives Inter-regional Property Investment
- 3 October 2017
Asian investors are increasingly driving global inter-regional commercial property investment as they look to western markets for deals. According to a report by property analysts JLL, Asian investors now represent five of the 10 biggest cross-border spenders. Inter-regional investment reached USD19.5 billion in Q2 2017, up 71 percent from the same period in 2016. China, Hong Kong, Singapore...
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Construction Firms Urged With Register
- 15 September 2017
Robust growth over recent years has seen the construction industry become one of the pillars of the Cambodian economy with more than 1,000 companies operating in the sector. To ensure legal compliance as well as guaranteeing construction quality and standards, the Ministry of Land and Management, Urban Planning and Construction (MLUPC) has urged all construction firms to register their operations ...
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Comansa Cm Adds New Model to Its Luffer Range
- 11 September 2017
The new CML165 12t luffing-jib crane will be available from September for the Asian, Middle East and South American markets. Linden Comansa’s sister brand, Comansa CM, has launched the new luffing-jib crane CML165, with a maximum load capacity of 12 tons and a 50-metre reach. This new model is Comansa CM’s first addition to the CML Series, the factory’s luffing-jib family, which was created...
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Forest Eco City Plans for China
- 11 September 2017
China has unveiled plans for a unique forest eco city in the southeast of the country. Italian architects Stefano Boeri Architetti have been commissioned to develop the stunning 175 hectare ‘forested’ development in Guangxi province. When completed, the ‘Forest City’ will feature 40,000 trees in a residential development for 30,000 people. Beyond the lifestyle experience, the ‘living’ exteri...
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Singapore Road Collapse Kills One
- 11 September 2017
A raised highway collapsed while under construction in Singapore in July, killing one and injuring 10, all of them foreign workers. According to the BCA and Land Transport Authority (LTA) investigation BCA said “a support structure (girder) and platform (deck slab) for one portion of the viaduct collapsed during concreting works”. Eleven workers, from China, India, and Bangladesh, were working ...
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Bangkok Selects Bombardier for Monorail
- 11 September 2017
Two huge infrastructure contracts for Bangkok’s monorail were awarded to Canadian engineering firm Bombardier in August. The Khae Rai-MinBuri northern line will stretch for 35km and operate with 42 trainsets while the eastern Lat Phrao-Samrong line will run for 30km and use 30 trainsets. The driverless trains will run at speeds of up to 80 km/h with a maximum capacity of about 28,000 passengers...
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Work Starts on Malay Rail Connection
- 11 September 2017
Work officially began on the construction of Malaysia’s flagship infrastructure project, the East Coast Rail Link (ECRL) on 9 August. The USD13 billion project will connect Port Klang on the west coast near the capital Kuala Lumpur to Kelantan near the Thai border with 23 stations in between. Under the One Belt, One Road initiative, the project is being majority funded and wholly built by Ch...
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Scg Sign Jv for Viet Petro-chemical Plant
- 11 September 2017
Thailand’s construction material giant Siam Cement Group (SCG) has signed a joint venture agreement with Vietnam Oil and Gas Group (PetroVietnam) to build the first petrochemical plant in Vietnam. The USD5.6 billion project, located 100km from Ho Chi Minh City in south Vietnam, will see construction of a one million ton ethylene cracker, the development of a deep sea port and other infrastructu...
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