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ខ្មែរ Knowledge and Key Success
Behind the Success of Design & Build in Cambodia’s Construction Industry
- 30 October 2019
Construction in Cambodia has been rapidly growing in the last decade and expecting to grow more due to vast urban and rural areas that are left to be developed. According to Ministry of Land Management Urban Planning and Construction (MLMUPC), more than US$2.7 billion in construction investment projects were approved within the first quarter of 2019. Most of the investments are on high-rise reside...
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Cambodia must address challenges to benefit from digital economy
- 28 October 2019
With the rapid development of the digitised society, Cambodia still needs to improve in a number of areas to gain benefit from the digital economy, according to a recent World Bank report. The report concludes that Cambodia still needs to address four challenges before absorbing the diverse benefits available from a digital economy. According to World Bank report, the first factor is that Cambo...
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Online real estate marketers buzzing as Cambodia’s e-commerce law approved
- 28 October 2019
Real estate marketers have expressed excitement at the ability to develop online digital platforms to promote sales after the Cambodian National Assembly approved the draft law on e-commerce. Speaking at the Property Market Update event on 25 October hosted by Vtrust Appraisal, Chairman of VTrust Mr. Kuy Vat views online marketing as a vision for growing and promoting real estate sales in Cambo...
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Belt and Road Initiative book to enhance China – Cambodia friendship
- 16 October 2019
The 11 October launch of the book ‘Belt and Road Initiative (BRI) and Its Implications for Cambodia's Development’ is intended to enhance the friendship between China and Cambodia. Speaking at the launch event, Zuo Wenxing, a political counsellor of the Chinese embassy to Cambodia admired the group of scholars for making the book a reality. “We believe this book will become a new window for ...
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Ban on online gambling shrinks real estate activities in Sihanouvkille, but opportunity arises
- 14 October 2019
The recent ban by the Cambodian government on online gambling has caused many Chinese nationals to leave the busy city of Sihanoukville with real estate activities affected as a result. However, experts remain optimistic that this change will create new opportunity for the industry. Speaking at the real estate market review held on 11 October, Mr James Hodge, Director of CBRE Cambodia said that...
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CBRE Market View: Total retail supply drops nearly 17%, yet more projects announced
- 12 October 2019
The newly launched Phnom Penh market view compiled by international real estate agency CBRE Cambodia shows that total retail supply over Q3 2019 has dropped by 16.9%. However, despite these figures, more projects continue to be announced. Presented during an event held at Rosewood Hotel on 10 October, the reported drop is due to the partial closer of Sovanna Shopping Centre for renovation, leav...
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Recycled plastic waste to be recycled into construction materials and furniture in green business venture
- 11 October 2019
Plastic waste recycling has been brought up as a part of green business during the forum, known as Green Business of the European Chamber of Commerce in Cambodia (EuroCham Cambodia). On 10 October, EuroCham Cambodia hosted its 5th edition of the landmark Green Business Forum 2019. While various topics were discussed, the factor considered the most important be tackled and awareness raised on is...
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Renewable solar and wind energy will be the future for energy consumption
- 11 October 2019
Renewable solar and wind energy are being discussed during the 5th edition of the landmark Green Business Forum 2019 which is hosted by EuroCham. Since some solar energy projects have been approved to be initiated in Cambodia, the grid management and technical implications will be discussed and demonstrated at the forum. The panelist for the discussion, Mr. Morten Kvammen, who is also a princip...
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ADB: Well-organised transport networks and affordable housing stimulate economic growth
- 9 October 2019
Strengthening the efficiency of transport networks and reasonably-priced housing are a major contributors to keeping the economic engine firing on all in cylinders in Cambodia as well as in other Asia countries. Ear Sophal, an associate professor of diplomacy and world affairs at Occidental College in Los Angeles said being stuck in a traffic jam is never anyone’s desire. “People don't want ...
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Rooftop solar PV installation can reduce climate change risk and increase investment
- 8 October 2019
Rooftop solar PV or known as Solar Photovoltaics installation has been mentioned as one of the solutions to reduce the risk of climate change and increase more investment in the report of De-Risking Renewable Energy Investment in Cambodia (DREI). The National Council for Sustainable Development (NCSD) recently launched two reports, ‘Addressing Climate Change and Economic Growth in Cambodia’ and...
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