Local News
Construction Driving Economic Growth
The construction sector is now the most dynamic driver of GDP growth according to The East Asia Pacific Economic Update that was published by the World Bank at the start of October.
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Dr. Sok Siphana Presents at Britcham
Members of the British Chamber of Commerce in Cambodia (BritCham) and the wider business community were last week given an exclusive opportunity to hear from Dr. Sok Siphana on the work he has undertaken in codifying Cambodia’s first Building Construction Law.
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Chinese Propose Elevated Expressway
Representatives from the Henan Provincial Communications Planning Survey and Design Institute (HPC) in China presented plans to the government for building a four-lane elevated expressway in Phnom Penh to relieve traffic congestion.
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Kampot to Have Own Tourist Terminal
Cambodia’s coastal zone will receive more tourist visitors after a tourist ferry terminal project financed by Asian Development Bank (ADB) goes on line by 2020.
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Building Investment Rise in 3rd Quarter
Investment on building and property industries grows almost 14 percent in the 3rd quarter 2015, said a report by Ministry of Land Management, Urban Planning and Construction.
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China to Finance Kingdom?s Giant Sport Complex
The Chinese government will finance the completion of the Kingdom’s mega sports complex Morodok Techo National Sport Complex, said an official at the National Olympic Committee of Cambodia (NOCC).
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Hospitality Drives Vietnam Real Estate Growth
Hospitality assets in Vietnam will lead the growth in the country’s property market, according to Don Lam, the founding partner of Ho Chi Minh City-based VinaCapital, a leading investment management and realty development firm, in an interview with Deal Street Asia.
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Japanese Pension Funds to Boost Investment in Asia Pacific
Based on the latest research from CBRE, an increase in allocation to real estate by Japanese pension funds in line with international trends could mean an additional $1.8 billion entering global markets in the coming years.
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New Lighthouse Chairman to Raise Profile, Build Networks
Established six decades ago, the Lighthouse Club is widely known among building professionals for its generous campaign to improve construction standards, promote worker safety and support those in need of assistance.
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Lighthouse Club Illuminates Site Safety
Cambodia is one of the most exciting markets in Southeast Asia and has experienced unprecedented political stability and growth in the last two decades and is one of the fastest growing economies worldwide. Latest reports from the World Bank are estimating Cambodian GDP growth for 2015 at 7.1 percent, with the strongest growth expected in the construction sector.
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