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ខ្មែរ 
CCA Predicts Positive Growth for Construction Industry in H2 2018
The Cambodia Constructors Association (CCA) has predicted that the construction industry will continue to growin the second half of 2018 and the demand for raw construction materials will also increase. Reflecting on the National Bank of Cambodia’s (NBC) semi-annual report regarding the import of construction materials during the first six months of 2018, Mr Chiv Sivpeng, general manager at the...
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Japan Funds Us$1 Million for Bayon Temple Restoration Project
On 25 September, 2018, Japan funded US$1 million through UNESCO to Cambodia for a restoration project of Bayon Temple inSiem Reap Province. According to a UNESCO Facebook post, the Royal Government of Cambodia, through the Ministry of Culture and Fine Arts signed a Memorandum of Understanding (MoU) with UNESCO on the restoration project of Bayon Temple under the support from Japanese Funds-in-T...
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Government to Shutdown Non-compliant Construction Sites in Sihanoukville Province
The government is to revoke construction licenses and completely close down construction sites in Sihanoukville Province that failed to comply with the guidelines, especially those along the coastal area. On 26 September, 2018, H.E Pen Sophal, secretary of state for the Ministry of Land Management Urban Planning and Construction (MLMUPC), told the Cambodian Peace Channel (CPC) that the ministry...
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Develop Your Own Properties or Invest in Bulk Properties?
Buy-to-let property in Koh Pich satellite city Wealthy individuals are keen to enter the property development business. They can build various projects for sale or for rental. To develop a new project today, one must consider land costs while prices have skyrocketed in prime locations. On the other hand, construction costs are also on the rise. Most importantly, the time and effort of project m...
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More Luxury Accommodation Needed for Sihanoukville Province
Sample photo by Independence hotel The supply of luxury accommodation in Sihanoukville is not enough to service the increasing numbers of tourists visiting the province. On 22 September, 2018, Director of Sihanoukville's Tourism Department Mr Taing Sochet Krisna said that the supply of luxury accommodation, such as five-star hotels,is not enough forthe rapidly increasing numbers of national ...
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Cambodia Among Countries With Low Annual Property Tax
Cambodia is among countries across the globe which has low annual property tax, according to an editorial article published by InvestAsian on 22 September, 2018. According to InvestAsian’s author and founder as well as property investor in Southeast Asia Mr Reid Kirchenbauer, governments in some countries including Cambodia have set the annual property tax at a very low rate while some of them ...
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Modernising Building Construction in Vietnam
ACOTEC precast wall panel installation (Photo: Elematic) When Vietnamese construction company Xuan Mai wanted to modernise its production processes and create better, more durable buildings, the use of lightweight precast concrete partition walls became central to its vision. Elematic Acotec is a technology for light, non-load bearing, room-high partition wall panels. Because the Acotec line...
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Introducing Lighting Sensors to the Cambodian Construction Industry
Mr. Thierry Lai, Director of Octopus Asia Pacific (Cambodia) Ltd, the distributor of Legrand in Cambodia Legrand is a global specialist in electrical and digital building infrastructure, which includes the design and manufacture of a comprehensive range of lighting sensors. With more than 22 years’ experience in the electrical field, Mr. Thierry Lai, Director of Octopus Asia Pacific (Cambodia) ...
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US leads investment plan to counter China’s Belt and Road
In a bid to compete with China’s US$1 trillion Belt and Road Initiative (BRI), the US has been joined by Japan and Australia to launch their own Asia-focused investment programme. The initiative was announced in early August by US Secretary of State Mike Pompeo who told the Indo-Pacific Business Forum that US$113 million of US government funds would be used on energy and infrastructure developm...
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Construction Among Top Sectors Affected by Ai Technology
Sample photo by Small Business Exchange Construction is among the top sectors most affected by Artificial intelligence (AI) technology, according to a newly published report by technology conglomerate CISCO and research analysis Oxford Economics. While claiming that the use of artificial intelligence (AI) through software, hardware, and robotics, has the potential to transform business capab...
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Cambodia to host the 47th ACF Council Meeting
Cambodia will hold the 47th ASEAN Constructors Federation Council Meeting (ACF) in 2019 Siem Reap Province, according to the Cambodia Constructors Association (CCA). This will be the second time for Cambodia to host the meeting. The announcement of the 47th ACF Council Meeting was made during the 46th ASEAN Constructors Federation Council Meeting (ACF) which was held in Bangkok on 7 September 2...
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Sihanoukville to Welcome Its First Shopping Mall
Sihanoukville is to soon welcome its first shopping mall. On 21 August 2018, Ms Lim Sokha Davin, sales manager for Furi Real Estate told Construction &Property Magazine that the construction of Furi Times Square located near the Independence Monument Park in Sangkat Mitapheap, Sihanouvkille is scheduled to open in June 2019. According to Ms Lim Sokha Davin, Furi Times Square is the result o...
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