Korean firms using road show to promote standard construction materials in Cambodia

In response to the rapidly growing construction industry in Cambodia, more than 20 Korean firms sought to introduce standard construction materials to the market Korea-Cambodia construction material roadshow held at the Sofitel Phnom Penh Phokeethra on Thursday 20 June.

The Cambodian Constructors Association (CCA) which represent 168 construction-related companies and the Korean government trade promotion body Korea Trade-Investment Promotion Agency (KOTRA) co-organised the ‘Cambodia-Korea Construction Material Roadshow 2019’. More than 120 companies participated in the one-day business matching event, following the recent bilateral cooperation agreement between the two organisations. (Read more)

“Because the construction industry in Cambodia is booming, we heard that some of the construction materials are not so efficient in Cambodia [and] Cambodia depends on construction material from other countries like China, Vietnam, Thailand,” said Mr Kyungmoo Kwon, KOTRA Phnom Penh Director General.

“They [developer] also want better quality and, better equipment and construction material, so we really want to introduce efficient, safe and better-quality Korean products and equipment related to construction,” he added.

Citing that the construction sector continues to flourish in 2019 with investment increasing more than 60% over the first quarter, H.E Chhan Soriyakphal, Director General, Ministry of Land Management Urban Planning and Construction, welcomed Korean construction material firms as they will help push for more quality material for the country.

“The participation of Korean companies, as well as other foreign companies and local companies, create competition within the construction material supply for the construction sector,” he said, “and I believe that the competition is going to raise the quality”.

Okhna Hann Khieng, First Vice Chairman of CCA believes that this first cooperation between the two organisations is a good sign for the construction sector saying that the showcased materials are of a high quality.

“I think there are many benefits, and speaking of Korean construction material, the quality is good, and the prices are competitive. The construction materials that I saw are good quality,” he said.

According to Okhna Hann Khieng, construction materials from Korea are widely used in the industry, especially electrical wires.

Aiming to promote construction standards in the country, H.E Chhan Soriyakphal said that the ministry is working on a new construction law that would see control over construction material companies as well, so quality is in accordance to technical standards.

- Video Advertisement -

Related Post

Cambodia officially Withdraws from CLV Development Triangle

In a significant move, the Cambodian government has officially announced its withdrawal from the Cambodia-Laos-Vietnam Development Triangle Area (CLV-DTA). This decision was formalized by promulgating the Law on the Approval of the Agreement on the Promotion and Facilitation of Trade in the CLV-DTA, marking a new chapter in Cambodia’s regional engagement. The law will take […]

555 registered mineral resource licenses are operating in the mining sector in Cambodia

Cambodia is witnessing significant growth in its mining sector, with 555 active legal mining operations currently licensed by the Ministry of Mines and Energy. These operations have attracted a total investment of USD 2.764 billion and provided approximately 11,306 jobs for the local population. According to a report released at the Ministry’s annual meeting, the […]

Cambodia Nears Completion of Land Registration, Targeting 2028 Finish

Cambodia is making significant strides in its land registration initiative, with over 7.7 million land parcels successfully registered nationwide. Only about 1.5 million parcels remain, and the Ministry of Land Management, Urban Planning and Construction anticipates their registration will be completed in the near future. Government Spokesperson H.E. Pen Bona announced these updates during a […]

Four Companies Submit Proposals to Redevelop Block A in Cambodia

The Ministry of Mines and Energy has announced that nine companies have shown interest in redeveloping Block A, with four of them officially submitting proposals for oil exploration. The other five companies have yet to file formal development applications. According to a report released after the recent annual conference, the four companies that have submitted […]

Cambodia Inaugurates New National Assembly Administration Building with Vietnamese Support

Cambodia has officially inaugurated a state-of-the-art National Assembly administration building, thanks to a generous aid package of $25 million from Vietnam. The inauguration ceremony took place on November 21, 2024, with prominent figures in attendance, including Samdech Khuon Sodary, President of the National Assembly, and His Excellency Tran Thanh Man, President of the National Assembly […]

Brunei’s Khazanah Nasional Targets Multi-Sector Infrastructure Investment in Cambodia

Khazanah Nasional Berhad, a leading investment firm from Brunei Darussalam, has announced plans to explore infrastructure investment opportunities in Cambodia, focusing on health, water resources, transport infrastructure (including railways and airports), and banking. This initiative was discussed during a meeting between PM Hun Manet and Khazanah’s CEO, Mr. Dato Khairul Hamed, on 19 November 2024. […]