English 
ខ្មែរ 
Property Development in Cambodia: Exit Strategies And Keeping The Law in Mind
Anyone who has been coming to Cambodia over the past few years will notice that the skyline is rapidly changing. Numerous medium and high-rise developments are either online or under construction, and many more are in the planning phase. Gated communities (“Boreys" in Khmer) dot the landscape throughout Phnom Penh and beyond. Cambodia’s other major population centres are also seeing their share of...
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FDI Encouraged By Foreign Property Ownership Allowances
Foreign direct investment (FDI) is luring a new breed of foreigners to Cambodia, and the region more generally. With foreigners comes an increase in demand for property, and different types of property - and a series of new allowances in national property laws to accommodate this demand. Foreign investors come to the South East Asia region for the low labour costs, connectivity between the neig...
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Construction Driving Economic Growth
The construction sector is now the most dynamic driver of GDP growth according to The East Asia Pacific Economic Update that was published by the World Bank at the start of October. “Construction and real estate represented 2 percent growth out of the 7.1 growth in GDP last year. This is the largest contributor. It is booming and quite hot,” according to Sodeth Ly, country economist at the Worl...
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A Big Firm With a Humble Background
Looking back 15 years, it started as a tiny family-run business owned by two brothers, Mr. Meng Leng and Mr. Meng Eav, but today Meng Leng Eav Co. Ltd is a leading supplier of a wide range of quality construction and agricultural related products in Cambodia. Having supplied the market since 1993, Meng Leng Eav Co. Ltd now exclusively and inclusively distributes many world-leading brands of pow...
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Dr. Sok Siphana Presents at Britcham
Members of the British Chamber of Commerce in Cambodia (BritCham) and the wider business community were last week given an exclusive opportunity to hear from Dr. Sok Siphana on the work he has undertaken in codifying Cambodia’s first Building Construction Law. Construction has and continues to be one of the key pillars supporting Cambodia’s economy, having experienced a rapid growth in recent y...
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Chinese Propose Elevated Expressway
Representatives from the Henan Provincial Communications Planning Survey and Design Institute (HPC) in China presented plans to the government for building a four-lane elevated expressway in Phnom Penh to relieve traffic congestion. Transport Minister Tram Iv Tek and representatives from City Hall and the Ministry of Finance were presented three options on Tuesday 22 September; the first would ...
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Kampot to Have Own Tourist Terminal
Cambodia’s coastal zone will receive more tourist visitors after a tourist ferry terminal project financed by Asian Development Bank (ADB) goes on line by 2020. In a loan package of US$18 million, approved by the ADB on 25 November 2014, the project will build a marine ferry terminal on 4 hectares of land between the border of Teuk Chhu district and Kampot City. Construction of the terminal wil...
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Building Investment Rise in 3rd Quarter
Investment on building and property industries grows almost 14 percent in the 3rd quarter 2015, said a report by Ministry of Land Management, Urban Planning and Construction. The report states over US$1.7 billion invested on the two sectors by the 3rd quarter this year compared to only US$1.5 billion at that time in 2014. Among the investors, Korean rank first, followed by the Chinese, Japan...
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China to Finance Kingdom?s Giant Sport Complex
The Chinese government will finance the completion of the Kingdom’s mega sports complex Morodok Techo National Sport Complex, said an official at the National Olympic Committee of Cambodia (NOCC). Work on the nation’s biggest sports complex began in April 2013 on an 85-hectare site inside Garden City located in Russei Keo district, about 15 km north of central Phnom Penh. It is intended to be t...
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Hotel Saves US $10k Annually With Rinnai Water Heater
After installing a Rinnai centralized gas water heating system, Harmony Phnom Penh Hotel has saved up to US$10,000 annually on electricity comparing to its previous electricity-based system. Harmony Phnom Penh hotel was officially opened in August 2014 in Khan Daun Penh in Phnom Penh. Its 68 exquisitely furnished rooms, plus a wide range of services and amenities such as on-site fitness center,...
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UK Group Warns About Lack of Building Standards
The factory collapse that claimed over 1,100 lives in Bangladesh in April 2013 brought the issue of building quality and construction standards in developing countries to the world’s attention. During a recent visit to the Kingdom, a UK standards group urged Cambodia to enact strict standards itself to prevent deadly accidents. The UK-based Royal Institution of Chartered Surveyors (RICS), one o...
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Hospitality Drives Vietnam Real Estate Growth
Hospitality assets in Vietnam will lead the growth in the country’s property market, according to Don Lam, the founding partner of Ho Chi Minh City-based VinaCapital, a leading investment management and realty development firm, in an interview with Deal Street Asia. With beachfront projects available at lower costs and beachfront land more competitively priced compared to other markets in South...
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