Business and Market
CCA to help promote new construction law
The Cambodia Constructors Association (CCA) has voiced its support for the newly adopted construction law and will promote the law to its members and beyond. The National Assembly adopted the law on construction in October which was compiled by the Ministry of Land Management Urban Planning and Construction (MLMUPC) with inputs provided from experts at […]
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Japan to Support Smart City in Hanoi
Vietnam’s prime minister, Nguyen Xuan Phuc presided over the signing of an agreement in October between Japanese company Sumitomo and Vietnamese developer BRG Group to develop a smart city in Hanoi. The $4.2 billion “smart city” will be built on a 272ha site in Dong Anh district in northern Hanoi. The first phase will see […]
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Construction on Transformation of Century Plaza Market Launched
Construction officially started on 27 November for the transformation of Century Plaza market into shopping centre with the project scheduled to be completed in two years. Phnom Penh Governor H.E Khuon Sreng urged the Century Plaza investor to accelerate construction by the end of 2021 as planned so that the vendors can re-enter the market […]
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MBAM OneBuild – the leading construction and infrastructure technology trade show in Malaysia
MBAM OneBuild is the only exhibition in Malaysia that exclusively focus on the construction and infrastructure industry. Malaysia International Construction & Infrastructure Technology Exhibition (MBAM OneBuild) took place from 29 – 31 October 2019 at Kuala Lumpur, marked its 8th successful editions this year. MBAM OneBuild 2019 managed to attract international participation from countries including […]
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Two potential districts future landed property in Phnom Penh
Sen Sok is the district with highest volume of landed property projects with completed landed residential project numbers standing at 45 developments as of Q3 2019, according to a CBRE Cambodia report. Due to Sen Sok’s rapidly increasing land prices, as this district is now very close to the centre of Phnom Penh, the landed […]
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CSP Window’s international quality window frame supply and installation services growing in popularity
With over 8 years’ experience in the market, CSP Window supplies and installs two types of window frames that are rapidly gaining popularity in the local and international markets. CSP Window currently supplies aluminium window frames that use European standards and also supplies u-PVC windows structures, which are imported from Germany. All CSP Window products […]
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Two sectors key to Cambodia achieving middle-income status by 2030
Cambodia has set itself the target of progressing from a low-income to a middle-income country by 2030 with an aim of achieving similar status to Thailand or Malaysia today in just over 10 years. At the 2nd Asia Pacific Summit on 19 November Samdech Techo Hun Sen said that, “now, Cambodia is making further efforts […]
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A History of Quality Sports Construction in South East Asia
When the founders of Sports Engineering And Recreation Asia Ltd (Seara) first established their presence in Bangkok in 1991, a strategic decision was made to only build to international standards. This was not only a business marketing strategy but an important branding strategy that would take years to pay off. “We saw in markets like […]
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The decrease in Chinese demand in the Sihanoukville real estate market
By Eric Wong Chon Lap China plays the biggest role in Sihanoukville’s economy and property market, where Chinese nationals comprise the largest number of expatriates with work permits in Sihanoukville. Within the tourism industry, the most visible increase has been in Chinese tourist arrivals and the number is expected to still rise further. The country […]
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OCIC to open the second phase of Olympia Mall in 2020
Overseas Cambodian Investment Corporation (OCIC), Cambodia’s leading developer is set to open the second phase of its Olympia Mall project in 2020. OCIC is renowned for its infrastructure projects and Olympia Mall opened its first phase on 22 June 2019. Construction & Property Magazine reporter Ms Khat Leakhena sat down with Mr Sao Monasy, leasing […]
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