EuroCham discusses ‘quality in construction’ amid booming industry

The European Chamber of Commerce in Cambodia (EuroCham Cambodia) organised a Breakfast Talk regarding quality in construction on 03 October, aiming to see how contract management helps deliver quality projects. With around 80 real estate and construction professionals attending the event, Mr Michel Cassagnes, the moderator and managing director at Archetype Cambodia said the event tried to see ...

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Construction contract for 34 roads in Sihanoukville set for November

The construction contract for 34 roads in Sihanoukville is set to be signed in November, though the date for the start of construction is yet to be scheduled, according to Sihanoukville provincial hall spokesman Mr Kheang Phearom. The confirmation came after an inter-ministerial meeting on the infrastructure project in Sihanoukville was held and concluded on 01 October at the Ministry of Land M...

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Cambodia to use income from oil sector on infrastructure development

The Cambodian government has announced that income from the oil sector will be used to build infrastructure such as roads, bridges, and airports. The remarks were made ahead of the first drop of oil expected to be extracted in Cambodian waters by the end of this year or earlier next year. Speaking at a graduation ceremony held this morning, Samdech Techo Hun Sen, Prime Minister of Cambodia, ...

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Samdech Hun Sen announces aim to build infrastructure linking Cambodia-Thailand

Cambodian Prime Minister Samdech Techo Hun Sen announced his goal on 02 October to build key infrastructures that will connect Cambodia with Thailand. Speaking at the graduation ceremony of about 1,183 students from BELTEI International University, Samdech Techo Hun Sen spoke on the progress of infrastructure development in Cambodia while stating his intention to build more. “Now, the bridge...

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MBAM OneBuild set for 29- 31 October 2019

The Malaysian construction trade event Malaysia International Construction & Infrastructure Technology Exhibition (MBAM OneBuild) is scheduled to be held from 29 to 31 October 2019 at the Kuala Lumpur Convention Centre. MBAM OneBuild is a renowned professional trade platform dedicated to local and international industry players to explore business opportunities. It also offers an effective ...

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Vietnam opens first factory converting sea sand to construction sand

Amid the global shortage of construction sand and the crisis facing Vietnam’s construction industry with high-grade sand scheduled to run out in 2020, a factory on the island of Phu Quoc in southern Vietnam has opened to convert sea sand into construction sand. In a process patented by Vietnamese engineer Vo Tan Dung in 2011, the beach sand is blasted with water to remove the salt and organic i...

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Real estate transactions in Cambodia remain strong

Real estate transactions in Cambodia remaining strong is best reflected by the sharp rise in property tax, according to industry expert Sorn Seap. The General Department of Taxation (GDT) has recently collected US$1,952 million in tax revenue, of which the tax on stamp duty increased by 60.18% compared to the same period last year. (Read More) Mr Sorn Seap, founder of real estate firm Key Re...

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Majority of Filipinos fear homes vulnerable to natural disasters

A survey by the Harvard Humanitarian Initiative (HHI) has shown that the majority of Filipinos have either experienced significant property damage through natural disasters or fear their properties are susceptible to them. Of the 4,368 people questioned in 2017, the survey found that around 69% across all economic groups believed their homes and communities “were at most risk during a disaster”...

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Shift in Chinese manufacturing drives Vietnam industrial rent rises

The US-China trade dispute is fuelling an exodus of Chinese manufacturing to SE Asian nations with Vietnam directly benefiting. According to a new report from real estate analysts JLL Vietnam, strong demand for industrial space saw rental price rises in Q2 2019 by up to 15.8% year-on-year with average occupancy in South Vietnam’s Southern Key Economic Zone hitting 81%. Land leasing costs in ...

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The rise of international schools in Phnom Penh

By Eric Wong Chon Lap The existing number of international schools in Phnom Penh is seeing the city have one of the highest number in Southeast Asia, as there are more accredited international schools than ever before. This is in response to the rising demand from Cambodian parents who seek culturally diverse environments, and of course the best schooling options for their kids. Apart from loca...

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Sun Hour Group is the place to find luxury TOTO products in Cambodia

In response to the growing number of buildings across Cambodia and a demand for more luxury products, local distribution company Sun Hour Group imports high quality products from the world’s largest toilet manufacturer TOTO which will provide a comfortable bathroom experience for Cambodian consumers. With over 20 years’ experience delivering high quality goods and services for the construction ...

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Thailand’s largest ever property development underway

Bangkok is set to see development of the largest ever private sector property initiative with the launch of the US$3.9bn, 1.8 million m2 One Bangkok complex. The five-tower complex will incorporate 500 company offices employing 60,000 people, five hotels, 1,359 condominium units and multiple shopping malls. When complete, one of the towers will be in the top 10 tallest buildings in SE Asia. ...

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