Usd7bn Investment Set for Cambodia
Two giant Chinese property and construction players made a solemn pledge to invest USD7bn in Cambodia during Prime Minister Hun Sen’s visit to Beijing in late November. The announcement came following a working discussion between Cambodian Prime Minister Hun Sen, Mr. Zhang Yuling, Chairman of Greenland Holding Group, and Mr. Cheng Risheng, Chairman of Henan […]
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Subterranean Garage Given Green Light
Developed and built by Oversea Cambodia Investment Corporation (OCIC), a long-awaited underground parking space facility situated between Canadia Tower and Vattanac Capital in downtown Phnom Penh is on schedule to open early next year. After nearly two years of construction since work began in late 2015, OCIC, the firm behind dozens of developments and the […]
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Phnom Penh Municipality Diary: November – December 2017
(Date : 07 Nov 2017) Phsar Dey Huy flyover on track The construction of Phsar Dey Huy flyover was 70 percent completed as of early November. As the road is narrow under the bridge construction, Phnom Penh municipality made an announcement to prohibit all large trucks from turning left from all directions at the traffic […]
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Daikin Hosts Annual Top Dealer Celebration
Daikin Malaysia Sales & Service Sdn, a subsidiary firm of Daikin, Ltd., the Japanese and marketing company air-con Daikin brand which is produced in Malaysia, recently held its annual event to celebrate the performance of its top dealers. The three-day event hosted in Kuala Lumpur, Malaysia on 14-17 November, 2017 gathered businessmen from various countries […]
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Schwing Concrete Pumps to Reach Greater Heights
With the construction industry seeing dramatic growth around the globe, SCHWING Stetter is introducing innovative, advanced technology concrete construction equipment to solve concreting challenges. Incorporated in June 1998, and commencing manufacturing operations in 1999, SCHWING Stetter India, is a 100 percent subsidiary of the Schwing GMBH, Germany. SCHWING Stetter is a pioneer in manufacturing equipment […]
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Vietnam Running Out of Sand Amid Boom
Vietnam is considering using artificial sand after the Institute of Transport Science and Technology warned the government it could run out of naturally occurring sand within five years. The report presented to the Ho Chi Minh City Department of Transport also noted that artificial sand could be made for up to 15 percent more cheaply […]
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Vietnam’s Tallest Building Wins Award
A shimmering tower block which will be Vietnam’s tallest building when construction is completed in 2019 has won an international architecture award. Designed by London-based firm Atkins, the 460m Landmark 81 in Ho Chi Minh City, Vietnam won the “World’s Best Architecture” prize at the International Property Awards 2017 hosted in London in December. It […]
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China-Laos railway bores first tunnel
The first tunnel on the 414km China-Laos rail link was bored in December, marking the first success of the USD5.8 billion project. The 301m Ban Somsanook No. 2 Tunnel presented a number of dangerous challenges given the mountainous terrain and geology but contractor, Sino Corporation Engineering Bureau 15 Co., successfully completed the first of many […]
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Usd1.1bn of Construction for Yangon
A rush to fill the market gap for high-end mixed-use space in Myanmar has seen three international companies announce projects worth over a billion dollars in Yangon. Two projects with a combined development value of USD700m will be built by Bouygues of France and Taisei Corporation of Japan for Singaporean developer Yoma Strategic Holdings. One, […]
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Japan and Philippines Sign Training Deal
Japan and the Philippines have initiated a training scheme for Filipino construction workers to ease skills shortages faced by both countries. The training program aims to “instil Japanese discipline” to help the Philippines ‘Build, Build, Build’ infrastructure program, while also opening up the Japanese labour market to Filipino workers for the first time. Japan is […]
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Indonesia Tenders Usd1bn Patimban Port
The Indonesian government opened tendering for construction of the planned USD1bn Patimban Port in Subang, West Java in October
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Work Starts on China-thailand High-speed Railway
Following years of often tough negotiations, work on Thailand’s first high-speed railway, financed by China, began on 21 December. The whole project will eventually run 253km from Bangkok to Nakhon Ratchisima in the northeast of Thailand and is part of China’s long term plan to link its southern border to Singapore by rail. With just […]
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