CM Joint Committee Proposed for Cambodia
The Construction Management Association of Korea (CMAK) has been assisting Cambodia to implement the Construction Management System (CM) with the aim to improve construction quality for future buildings in the kingdom. To ensure effective CM improvement, CMAK proposes setting up a joint committee called the Cambodia-Korea Construction Collaboration Committee that will comprise of entities from ...
Read MoreMeng Leng Eav Opens Innovative Showroom
With Meng Leng Eav Group’s innovative new showroom now open, customers and visitors will have more satisfying and compelling experience when sourcing their needs from the largest supplier of power tools and agriculture and engineering equipment in Cambodia. Located along Mao Tse Tung Blvd in front of Chinese Embassy, the 3-floor showroom was officially launched on 26 February and doesn’t only s...
Read MoreFrom Supply to Manufacturing: a Market Leader’s Perspective
For Meng Leng Eav Co. Ltd, regional economic integration will not result in any significant impact on business. Cambodia’s leading specialist in supplying quality power tools, agricultural, and engineering equipment currently distributes over 10 exclusive and another 5 non-exclusive brands after first establishing the business over 20 years ago. In today’s more competitive environment, the company...
Read MoreSetting Up a Joint Venture: the Risks and Realities
Joint ventures (JVs) in the construction industry are common around the world. Although more companies in Cambodia are entering into such business agreements, the concept is still not widely understood here. A contractual JV could be an unincorporated or incorporated arrangement among firms created by a contract, usually referred to as a JV agreement, to develop a specific business opportunity....
Read MoreOCIC, Cambodia’s Leading Developer
Despite being one of the largest financial and infrastructure / property development companies in the nation, there are many in the industry that remain unclear on the background of OCIC. In this exclusive profile, Construction & Property Magazine lifts the lid on the background and portfolio of this business empire. Established in 2003, the Overseas Cambodian Investment Corporation (OCIC) ...
Read MoreCCA Hosts Four Events in Three Days
December 3-5, 2015 heralded a great milestone for the Cambodia Constructors Association (CCA) as it successfully hosted four consecutive events to promote its members and the building and property industries in Cambodia: the 4th Annual Summit, 2nd Construction Expo, 4th CCA Business Networking Party, and the Construction Development Seminar. The CCA was founded under the initiation of the Minis...
Read MoreMeridian International Holdings: Like No Other
In a growing economy, one can see construction cranes and development projects overwhelming cities with the building of high-rise towers and modern malls while fancy restaurants and eateries including fast food chains and cafés challenge for space to whet the appetites of a population becoming exposed to the better things in life. That is the barometer of economic growth, and this is the new Phnom...
Read MorePhnom Penh to Gain More Infrastructure
To cope with the city’s expansion and rapid growth in vehicles, more infrastructure projects are expected to be completed in Phnom Penh before 2020. At the grand opening of the 5 January Overpass (Techno Overpass), Prime Minister Samdech Hun Sen approved several more projects for the capital. After acknowledging the ongoing congestion at the Kbal Thnal Sky Bridge, construction will start soon o...
Read MoreIndustry Leaders to Consider ‘phnom Penh in 2020’ at Gac
A panel of industry leaders will debate what Phnom Penh will look like in 2020 at the 2nd Annual Global Alumni Convention (GAC) on 29-30 January 2016. This annual alumni networking series brings together leaders from industry and governments around a series of interactive panel discussions and social functions to debate the hottest topics facing contemporary Cambodia. The GAC is organised by ID...
Read MoreChoosing the Right Asphalt Mixing Plant
Purchasing an asphalt mixing plant is a capital intensive investment and a major decision for road contractors and hot-mix asphalt suppliers. Many factors other than cost need to be carefully evaluated in detail to decide the type and capacity of asphalt mixing plant to invest in. Understanding the different technology and make of asphalt mixing plants is vital to determine the best choice of p...
Read MoreSingapore Tops Asian Outbound Investment
Knight Frank’s Global Cities 2016 report has found that Singapore has been the largest Asian investor into the Australian and United Kingdom’s property markets in the last two years with China second and Malaysia a surprise third. Malaysia’s investments were worth $5.61 billion with $2.23 billion into UK property in the last two years. Singapore’s totaled $25.10 billion, while China’s were $22....
Read MoreTanzanite Enters Vietnam Real Estate Market
Singapore-based Tanzanite International has announced a plan to invest up to $500 million in a hospitality real estate project in southern Vietnam. The firm will develop a high-end hospitality real estate project in Ba Ria – Vung Tau, which is a 1.5 hour drive from Ho Chi Minh City. Phase one will cost $80 million and break ground in mid-2016. Tanzanite has now invested in 37 hectares of ...
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