CCA Construction Firm Members Increase
In line with the growth of the construction industry in Cambodia, the number of construction firms operating in the Kingdom has also increased. As a result, the Cambodia Constructors Association (CCA), the sole private association in the Kingdom representing the construction businesses, has seen a sharp increase in its members in recent years.
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Analyst: How long will the land sector in Sihanoukville continue to have potential?
Commercial buildings, casinos, hotels, restaurants and apartments are quickly developing and changing the landscape of the southern part of Cambodia, and more so in the very near future. These commercial construction activities have made Sihanoukville an important destination for domestic and foreign investors to capitalise on this potential through developing new projects. This recent rapid […]
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New 106-storey Commercial Building to Be Malaysia’s Tallest
Malaysia soon will see its tallest iconic new building, The Exchange 106, steals the title from the country's current signature building, the Petronas Twin Towers. The new building is a luxury commercial building stretching up in the heart of Malaysia's international finance and business of TunRazakExchange (TRX). The building, an investment by Mulia Property Development, will become the tallest building in South East Asia and among the top 15 tallest buildings in the world.
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One-bedroom Apartment Units Account for More Than 50% of Supply in 2018
Serviced apartments have become an important aspect of the real estate sector and a recent report shows that one-bedroom units accounted for the majority of supply in the fourth quarter of 2018.
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Cambodia to Seek Loan From China for Electrical Grid
In order to expand the supply of electricity to all provinces across the country, the government plans to seek an additional loan from the Chinese government for the construction of a national electrical grid, according to Samdech Techo Hun Sen, Prime Minister of Cambodia. The statement was made during the grand opening ceremony of the Hydro Power Lower Sesan II on 17 December, 2018.
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Amcham establishes real estate and construction committee
With Cambodia’s real estate and construction sectors booming and increasing numbers of international companies entering the market, a growing number of specialised business chamber committees are also emerging. One recent example is the American Chamber of Commerce in Cambodia (AmCham) which has established a real estate and construction committee to serve as a platform for […]
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VTrust Soft Launches 2030s Real Estate Report
In a bid to promote the real estate sector in Cambodia, Cambodia’s largest property appraisal firm VTrust Appraisal Cambodia has launched its decennium report on the real estate sector in Phnom Penh.
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Royal Chartered Academy Institute Hosts First Courses on Property Investment and Shopping Mall Management
Cambodia construction and real estate education institution the Royal Chartered Academy Institute (RCA) has successfully completed its first short course.
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Hydro Power Lower Sesan II Dam Inaugurated
On 17 December, 2018, the Hydro Power Lower Sesan II dam was inaugurated,presided over by SamdechTecho Hun Sen, Prime Minister of Cambodia.
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CVEA to Increase Members in Sixth Mandate With Discount Strategy
The Cambodian Valuers and Estate Agents Association (CVEA) has successfully closed its fifth mandate and has announced an attractive strategy to increase its members.
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PM Hun Sen: Cambodia Pushing for Minimum Wage for Construction Workers
The Royal Government of Cambodia is pushing for a minimum wage for construction workers, according to Prime Minister Samdech Techo Hun Sen. In a meeting with garment workers in Kampong Speu Province on 12 December 2018, SamdechTecho Hun Sen said that Cambodia will expand its minimum wage measure to other sectors, including the construction sector to reduce the problem of worker migration.
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Us$70 Million Adb Loan to Develop National Roads No. 1 and 6
The Asian Development Bank (ADB) has agreed to provide a US$70 million loan to Cambodia for the improvement and maintenance of National Roads No. 1 and 6 according to a press release by the Ministry of Public Works and Transport (MPWT) dated 13 December, 2018. The loans, which are divided into three packages, will be used for upgrading National Road No. 1 from kilometre 63 to kilometre 159 from Neak Loeung to Bavet. For National Road No. 6, the project will start from kilometre 317 to kilometre 367 from Siem Reap city to Kralanh. These projects will cover a total road length of 145.58 kilometres.
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