Construction Focus
A Coat to Cool Buildings
Cambodia’s perpetually warm climate brings many benefits – tourists, long growing seasons, tropic fruits – it also means building owners are faced with big cooling bills. But reflective insulation, like that supplied by Tashen Green Tech, can keep temperatures in the comfort zone at an affordable price.
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Adb and Myanmar Sign $1b Loan Deal
The Asian Development Bank signed a deal with the Myanmar government in May for $1 billion in loans, investments, and guarantees directly to private companies and projects in the country until 2016.
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Go Ahead and Build ? But Be Aware of Financial Term
The Cambodian building industry is flourishing and construction sites seem to pop up every day, especially in Phnom Penh. Private, public and foreign investment groups realize that now is the time to build and invest here. Labor and local materials are still considered cheap and accessible, which is good for the building industry. So yes, go ahead and join the investors, but watch out – there are many pitfalls that might turn your dream project into a nightmare./p>
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1000 Chinese Projects Opened to Foreign Investors
China’s National Development and Reform Commission (NDRC), has announced that more than 1,000 proposed infrastructure projects worth an estimated total of $317.75bn will be open to both private and foreign investors.
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Poor Building Safety Can Hamper Economic Growth
The deadly Rana Plaza factory collapse in Bangladesh in April last year that took over 1,100 lives has had an impact on Bangladesh’s economy. Buyers like Walt Disney have stopped production in the South Asian country over safety concerns and possible damage to their brands. Poor safety standards in several developing countries have many international companies looking anew at where they produce.
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Thailand Invests $3bn in Transport Infrastructure
Thailand’s Eastern Seaboard Development Committee recently approved 91 projects under the Eastern Seaboard Logistic and Transportation Infrastructure Development Plan with an estimated investment of more than $3.13 billion.
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Avoiding the Complaints
Many lawsuits between property developer and buyer and property owner and constructor have been heard through the media. It is headache and costly to resolve those disputes inside or outside Cambodia’s court system. Many people admit it.
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Archetype Win Futurarc Award
Archetype Cambodia, one of nation’s leading architecture firms has won the prestigious FuturArc Green Leadership Award 2015 for their Laurelton Diamonds complex in the Phnom Penh Special Economic Zone (PPSEZ).
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Construction Investment Growth Strong in 2013
Despite ongoing political turmoil since elections in the summer of 2013 and fears about possible economic fallout, investment in the Kingdom’s construction industry still surged 31 percent against the previous year.
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Kingdom?s Brick Prices Tumble
Brick prices in the Kingdom have tumbled in the last year due to increased demand and production and lower manufacture costs according to a recent report in the Phnom Penh Post.
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