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ខ្មែរ Construction Focus
China Clarifies Overseas Investment Ruling
- 11 September 2017
After a period of uncertainty, China has formally clarified new rules on overseas investments. The new legal framework comprises three categories; banned, restricted and encouraged. In a positive sign for the region, companies engaging in the nation’s ambitious One Belt One Road initiative lie in the ‘encouraged’ category. The new rules will likely have an impact on the region’s construction an...
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Thailand Approves Rail Link
- 11 September 2017
After years of negotiations, Thailand’s cabinet finally gave approval to construction of the first phase of a high-speed railway to the Laotian border in July. The approval followed the issuing of an executive order by the nation’s military government. Phase one will be the 250-km line between Bangkok and Nakhon Ratchasima which is expected to cost USD5.2 billion and cover one-third of the dist...
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Pressure Builds for Thai Kra Canal
- 11 September 2017
Pressure is mounting on the Thai government from a powerful domestic and Chinese lobby group to approve a study into building an international shipping canal. The proposed 140km twin canal project would provide access across Thailand’s Kra isthmus, allowing ships to avoid the Straits of Malacca. Located between Sumatra and the Malay peninsula, the straits see over 94,000 ships pass each year...
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Us Firm Wins Malaysia Mass Transit Contract
- 11 September 2017
A US firm has won a lucrative contract on the Klang Valley Mass Rapid Transit (KVMRT) Sungai Buloh-Serdang-Putrajaya (SSP) Line in Malaysia. Jacobs Engineering will provide design consultancy for all the track-work and associated infrastructure, and use building information modeling (BIM) throughout the construction process. The Dallas company has been targeting transport infrastructure proj...
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Cambodia Announces Eight Expressways
- 7 September 2017
To ease traffic and boost the nation’s economic growth, Cambodia has announced the construction of eight expressways connecting the capital Phnom Penh to various destinations. Unlike the national roads, expressways are specially designed for high-speed and long distances. Entrances and exits are limited to interchanges and there are no stop signals. They have four or more lanes with a media...
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Rinnai Showcases Hot Water Solutions to Siem Reap Market
- 10 August 2017
Having dominated the Phnom Penh market for hot water solutions, Rinnai is now being introduced to dozens of commercial businesses in the Siem Reap market. The products are made available in Cambodia through an exclusive dealership by Camcona Trading Cambodia Co., Ltd. With almost five years background in Cambodia, this Japanese water heater solutions brand is now expanding to Siem Reap. ...
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Japanese Go Ultra-luxury in Phuket
- 28 July 2017
A leading Japanese property developer has entered into a joint venture to create an ultra-luxury residential project in Phuket, Thailand worth an estimated USD174 million. Kajima Overseas Asia has joined with Minor International (MINT), a SET-listed operator of hotels and restaurants worldwide to develop Avadina Hills; 16 luxury villas spread over 1.8 hectares. Phase 1 will see 11 villas built ...
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Philippines Bans Workers to Qatar
- 27 July 2017
The Philippines has banned workers from travelling to Qatar after four neighbouring Gulf States imposed a blockade on the tiny emirate in protest at alleged links to terrorist funding at the start of June. There are over 140,000 documented Filipino workers reside in Qatar, with many working on huge construction and infrastructure projects related to the 2022 FIFA World Cup. The government of...
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Banda Malaysia Facing Collapse
- 27 July 2017
The largest real estate project in Malaysia faces collapse after the government cancelled the contract with the Chinese-Malaysian developer in May after it failed to meet payments. Banda Malaysia was intended to be a flagship development creating a new business district and transport hub in downtown Kuala Lumpur spread across almost 200 hectares. It was also intended to be location of the st...
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Incomplete Projects Hamper Vietnam
- 27 July 2017
Despite Vietnam’s real estate market grabbing attention and headlines for its strong performance in recent years, prospects in the north continue to be hampered by large numbers of incomplete projects. Hanoi recorded 5,400 transactions and HCMC 5,870 respectively between January and May 2017 with May showing a strong average of 13 percent growth nationwide. The majority of deals are being tr...
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