Cambodia Property Awards 2017 Launched

The Cambodia Property Awards 2017 were launched at the beginning of July, signaling the second time the region’s most prestigious real estate awards have hosted a round in the kingdom. A formal press conference on 6 July 2016 at the Empress Room of Raffles Hotel Le Royal was followed by an evening launch party at the Chinese House in Phnom Penh. The inaugural ceremony that took place on 25 Febr...

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A Long Road Ahead for AEC Design Culture

With the advent of the ASEAN Economic Community (AEC), our economies are increasingly dependent on one another for products and services, and many architecture and design firms are competing for the first time in a regional market. International practice has become a reality for design firms. AEC member states are becoming vibrant spaces for experimentation, a process in which culture has come to ...

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Interior Design Key to Success

There is little doubt that the ASEAN Economic Community (AEC) will continue to spur the growth that has caught the eyes of investors across the globe on Cambodia. For new businesses, franchise opportunities or head offices, architecture and interior design can play a large role in success. First impressions make a big impact, and impact is what investors are looking for. A quality interior c...

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Construction Investment Rises Steeply

Investment in the construction sector rose steeply by 719 percent to a reported value of USD7.1 billion in the first seven months of 2016 compared to the same period last year, according to the Ministry of Land Management, Urban Planning, and Construction (MLMUPC). Lao Tip Seiha, undersecretary of state at MLMUPC told the Phnom Penh Post that 1,500 projects had been approved since January, and ...

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Ppsez to Build Factories for Rent

The Phnom Penh SEZ is to start constructing leasable factory units as a way of increasing revenue at the nation’s struggling flagship industrial park. The park’s business model has so far been structured around international companies buying land and then building their own factories.But a decline in Japanese investment and overall profits has forced the PPSEZ to diversify its approach. “We ...

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ប្រទេសន័រវែសសាងសង់ផ្លូវបណ្តែតក្រោមទឹកដំបូងគេក្នុងពិភពលោក

បើយោងតាម Business Insider ដើម្បីកាត់បន្ថយពេលវេលាធ្វើដំណើរឆ្លងកាត់ ឈូងសមុទ្រ ចង្អៀត ដែលពិបាកឆ្លងកាត់របស់ប្រទេស ប្រទេសន័រវែស កំពុងពិចារណាកសាង ផ្លូវបណ្តែតក្រោមទឹក ដំបូងគេនៅលើពិភពលោក ។ ឈូងសមុទ្រនេះគឺជាសមុទ្រជ្រៅ តូចចង្អៀត និងវែង ដែលមានដី ចំណោតនៅបីផ្នែក ។ នៅភាគខាងលិចនៃ ប្រទេសន័រវេស មានឈូងសមុទ្រតូចចង្អៀតប្រភេទនេះ ១,១៩០ ដែលធ្វើឱ្យមានការលំបាក ខ្លាំងណាស់ក្នុងការ ធ្វើដំណើរតាមបណ្តោយឆ្នេររបស់ប្រទេសនេះ ។ ...

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China Mulls Global Power Grid for 2050

China has announced plans to create a global power grid which would be operational by 2050 at a projected cost of USD50 trillion. Announced in a recent speech by the Chairman of the State Grid Corporation of China, the Global Energy Interconnection (GEI) would provide power for the entire planet though a global ultra-high voltage (UHV) grid, according to a report in Futurism. The radical pla...

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Phnom Penh’s First Underground Shopping Mall Opens

After three years of construction, Naga Corp has opened Phnom Penh’s first underground shopping mall featuring hundreds of luxury local and international brands. Opening on 1 August, the USD90 million Naga City Walk underground mall connects the Naga 1 Hotel and Casino complex to the under-construction Naga 2 Hotel and Casino.Construction on Naga 9 is currently over 90 percent complete and is d...

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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 that in markets like Singapore and Kuala Lumpur, certain segments of sports...

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Korean ‘smart City’ Set for Sihanoukville

The South Korean government plans to develop the kingdom’s first fully ‘Smart City’ in Sihanoukville province after reaching an agreement with the Cambodian government in August. The Smart City project is part of a memorandum of agreement signed between Cambodia’s Ministry of Land Management, Urban Planning and Construction (MLMUPC) and Korea’s Ministry of Land, Infrastructure and Transport whe...

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Philippines’ Green City Attracts International Interest

A plan in the Philippines to develop a green ‘sustainable city’ away from the infamous congestion of Manila is attracting the interest of some big international investors. Located 80km from the capital in Tarlac province, the 9,450-hectare Clark Green City is being promoted by the state-owned Bases Conversion and Development Authority (BCDA) as an alternative living and trade hub to Manila. ...

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Cambodia a Magnet for Singaporean Investors

Cambodia’s sustained economic growth and open foreign investment regulations have made it a magnet for Singaporean real estate investors. According the Council for the Development of Cambodia (CDC), Singapore is now the third largest investor in the kingdom after China and the UK, with real estate development one of the most prominent sectors. The Bridge and the Peak, two of the capitals’ mo...

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