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ខ្មែរ Construction Focus
The Hypothec Revolution
- 31 December 2015
The Cambodian Law on Application of the Civil Code was implemented in 2011 and abrogated some provisions of the 2007 Civil Code, and the 2001 Land Law. The new law has significantly impacted the structuring of business operations related to security rights, including for financial institutions providing credit. “The new law divides mortgage loans (guarantee) into two categories; Pledge and Hypo...
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Construction of ?the Bridge? Kicks Off
- 31 December 2015
Groundbreaking for the 45-story, twin-tower condominium development, “The Bridge”, was launched on June 12 to tap into a growing demand for high-end residential and commercial units. Developers and realtors say the complex will be a gem along the city’s riverbank. The complex is being developed by a joint venture named Oxley World Bridge (Cambodia) Co. Ltd. It is a cooperative effort between Ca...
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