Construction Focus
Bosch’s Sales reached over €70 Billion in 2016
In 2016, sales of the Bosch Group rose by 5.4 percent to some 73.1 billion euros, thanks to the rapid evolution of connectivity technologies that propeled the growth, said the company press released issued on 20 February. Bosch Group is a leading global supplier of technology and services with roughly 390,000 associates worldwide. Its operations […]
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Rising demand drives construction supply sector
Amid increased demand from the booming construction industry, construction material supply remains a big business in Cambodia. Cambodia’s real estate market has experienced rapid growth in recent years. Growth is driven by strong construction activity, rapid industrialisation and urbanisation, the rising housing needs of a growing population living in the city, growth in business activities […]
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Vietnam to build giant steelworks
A giant steelworks manufacturing complex is to be built in central Vietnam as part of a government plan to reduce the nation’s dependence on Chinese steel imports. Hoa Phat Group will build a USD2.7bn facility in Quang Ngai province with a total eventual capacity of 6 tons per year. The government plans to build 10 […]
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Mega PPP scheme for Thailand
A mega 11 project infrastructure program worth USD20bn has been announced by the Thai government to be approved by its PPP (Public Private Partnership) committee in 2017. Three projects to extend the Bangkok metro are worth an estimated total of USD9.2bn, two high speed rail links from the capital to southeast coastal resorts are slated […]
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The Bridge tops out
The Oxley-Worldbridge multi-use showcase development The Bridge topped out ahead of schedule at the end of 2016 with a formal ceremony celebrating the success. After starting construction in 2014, the USD300 million twin tower project now has 45 storeys and stands 160m high on the bank of the Chaktomuk River in downtown Phnom Penh. When […]
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Cambodia, Vietnam discuss toll highway
Construction of toll highway between Cambodia and Vietnam was the subject of discussions between the two governments in January. The 232km National Road No.1 currently links the two neighbouring countries with travel time recently improved with the opening of the spectacular Kizuna Bridge. The planned toll road would link the two nations with a new […]
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Solar SEZ planned for K. Chhnang
A solar-powered special economic zone (SEZ) is being planned in Kompong Chhnang through a Cambodian-South Korean joint venture. The proposal for the 100-hectare SEZ to be located around 70km from Phnom Penh involves construction of an industrial park together with a 100-megawatt solar farm to provide cheap, off-grid electricity to companies taking tenancy. The joint […]
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Chinese win twin tower contract
Two Chinese companies have won the contract to construct the Thai Boon Roong twin towers project in Phnom Penh. Sino Great Wall Holdings and Wuchang Shipbuilding Industry Group signed a joint venture agreement and won the contract with a bid of USD2.7 billion. When the project is completed, the 133-storey towers will soar 560 metres […]
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Another walkway for riverside
The Municipality of Phnom Penh has announced it is to construct another new pedestrian walkway on the capital’s riverside. The planned second walkway will stretch approximately 1,600m from the Night Market to the Japanese Bridge. The announcement made by Phnom Penh Governor Pa Socheatavong follows the opening of the hugely popular first pedestrian riverside extension […]
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First pedestrian bridge near completion
The first pedestrian footbridge to be built in the capital is expected to be completed by April, according to City Hall. As Phnom Penh’s road infrastructure develops and traffic grows, safety for pedestrians, especially school children is becoming more of a priority as accidents increase. This first bridge located in front of Hun Sen Champuvoin […]
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