CCA attends 41st IFAWPCA Mid-term Executive Board Meeting
The Cambodia Constructors Association (CCA) joined a special summit of the International Federation of Asian and Western Pacific Contractors’ Associations (IFAWPCA) in Thimphu, Bhutan for the 41st IFAWAPCA Mid-term Executive Board Meeting. Held on 30-31 July 2019 at the Terma Linca Resorts & Spa, the meeting discussed the nomination of the rapporteur for the term 2019-2020. This included di...
Read MoreOnline real estate marketers buzzing as Cambodia’s e-commerce law approved
Real estate marketers have expressed excitement at the ability to develop online digital platforms to promote sales after the Cambodian National Assembly approved the draft law on e-commerce. Speaking at the Property Market Update event on 25 October hosted by Vtrust Appraisal, Chairman of VTrust Mr. Kuy Vat views online marketing as a vision for growing and promoting real estate sales in Cambo...
Read MoreBangladesh to send construction workers as Cambodian numbers decline
The construction sector employs an average of 200,000 to 220,000 Cambodian workers per day, but this number dropped by 31.81% in September 2019 compared to the same period of last year, according to an October report by the Ministry of Land Management Urban Planning and Construction (MLMUPC). Bangladesh's New Age news reported that Salim Reza, secretary of the Ministry of Expatriates Welfare an...
Read MoreSamdech Techo Hun Sen: Phnom Penh has doubled in size
With strong economic growth and rapid development projects across the city, Phnom Penh has doubled in size, according to Prime Minister Samdech Techo Hun Sen. Samdech Techo Hun Sen noted during the Cabinet Plenary Session held on 25 October that Phnom Penh has been developing fast and doubled in size while also pointing that garbage has become the main issue the city is facing and needs an urge...
Read MoreAsset Management – A course to help us to understand the importance of assets
By Pania Prak and Ngu Kea Yuan The Royal Chartered Institute (RCI) will be conducting the 1st Module under the Certificate of Asset Management, which is Asset Management on 07 September 2019. The lecturer will be Dan Davies from the United Kingdom. What is an asset? Assets are normally described as property in normal terms. In real estate, assets can cover infrastructure, property, land, ...
Read MoreCambodia drafting port law
On 17-18 October, a workshop conducted by the Ministry of Public Works and Transportation in cooperation with the Japan International Cooperation Agency (JICA) and joined by the Phnom Penh Autonomous Port, Sihanoukville Autonomous Port and private port companies focused on the drafting of an effective port law. The port law would help gain more ship entries to the country and promote nationa...
Read MoreIs Cambodia retailing industry ready for the change in technology?
Retail suppliers will face a challenge of competitiveness with the innovation of technology. According to CBRE Cambodia, these smart inventions consist of self-checkout counter machines, real time product information and offers via smartphones, guiding customers in-store through location tracking, paying via mobile applications and cameras which have the ability to analyse customer behaviour. ...
Read MoreAluminium China and Lightweight Asia 2019 successfully concluded
ALUMINIUM CHINA 2019, held on 10-12 July 2019 in SNIEC together with Lightweight Asia 2019, ended successfully attracting 25,285 professional industry visitors and buyers from across 87 countries. The event showcased leading auto-aluminium brands committed to reducing the weight of next-generation Electrical Vehicles (EVs). As ‘mileage concern’ still puts off many potential consumers, reduci...
Read MoreCCA participates in Conmart-Expo in China to promote Cambodia’s construction industry
The Cambodia Constructors Associations (CCA) has participated in the Conmart-Expo in Guangzhou, China to promote Cambodia’s construction industry to exhibition visitors and potential trade partners. Conmart-Expo 2019, which was held on 01-03 August 2019 at the Guangzhou Pazhou International Convention and Exhibition Centre, focused on international trade, e-commerce, financial leasing, auction, r...
Read MoreMore underground parking lots needed in Phnom Penh amid rapid growth in vehicles
More underground parking lots are needed in Phnom Penh amid rapid urban development and the rise in number of vehicles in the city, said Prime Minister Samdech Techo Hun Sen. Addressing Cambodia’s rapid development during a meeting with Cambodians residing in Switzerland in July, Samdech Techo Hun Sen said that Phnom Penh is currently facing a pressing problem with the shortage of car parking s...
Read MoreConglomerate Chip Mong acquires Grand Phnom Penh International City
One of Cambodia’s leading conglomerates Chip Mong Group has acquired the Grand Phnom Penh International City which is believed to be one of the largest property development projects in Phnom Penh. Grand Phnom Penh International City is a huge development project spanning across 260 hectares of land in Kmounh commune of Sen Sok district featuring residential projects, a shopping centre, a water ...
Read MoreGovernment approves US$22 million for Special Economic Zone projects
The Council for the Development of Cambodia (CDC) announced on its Facebook page on 16 October of its approval of several projects, including four projects related to the construction industry, with investment capital worth more than US$22 million and creating 1958 jobs in the Sihanoukville Special Economic Zone (SEZ). One project is a furniture factory for FPZ Furniture (Cambodia) Co., Ltd, us...
Read More
