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ខ្មែរ Business and Market
HLH Group Acquires 1.2-hectare Plot in Toul Kork for New Mixed-Use Development
- 14 September 2020
Public Housing Development (Cambodia), a subsidiary of real estate firm Hong Lai Huat (HLH) Group, has inked a deal with Lao Channara to acquire a 1.2-hectare land plot in Toul Kork district for its new mixed-use development. According to The Business Times, the two firms entered an agreement on 11 September, with a purchase price of US$22.5 million. Hong Lai Huat group said that this deal i...
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អូឡាំព្យាស៊ីធី បង្កើតយុទ្ធសាស្ត្រថ្មីសម្រាប់អតិថិជនដើម្បីឆ្លើយតបទៅនឹងវិបត្តិកូវីដ១៩
- 2 September 2020
ដើម្បីជំរុញការវិនិយោគ និង បង្កើនសកម្មភាពសេដ្ឋកិច្ចក្នុងស្រុកជាពិសេស ជួយដល់អតិថិជនកំពុងស្វែងរកទិញអចលនទ្រព្យក្នុងអំឡុងវិបត្តិកូវីដ១៩ ក្រុមហ៊ុន OCIC បានចេញយុទ្ធសាស្ត្រលក់ថ្មីសម្រាប់គម្រោងអូឡាំព្យាស៊ីធី ខណៈដែលអគារចំនួន៧ រួមមានអគារខុនដូការិយាល័យ SOHO ផ្សារទំនើបអូឡាំព្យា នៃគម្រោងមេក្នុងដំណាក់កាលទី១ បានបញ្ចប់ការសាងសង់ជាស្ថាពររួចហើយ។ តាមរយៈ កញ្ញា អ៊ុក ចន្ទ្រា ប្រធានផ្នែកលក់និងទីផ្សារ បានឱ្យដឹងថាការវិនិ...
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CCA Continues Talks on Cooperation with International Associations
- 2 September 2020
Despite social distancing practices imposed by the COVID-19 pandemic, the Cambodia Constructors Association (CCA) continues discuss cooperation with international associations and the impact of the pandemic on the construction industry. CCA Secretariat General Manager Mr Chhiv Sivpheng said the association joined the online meeting with the International Federation of Asian and Western Pacific ...
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Prince International Plaza Building Structure Completed
- 2 September 2020
Prince Real Estate (Cambodia) Group completed the building structure of the Prince International Plaza project on 29 August after starting construction at the site in 2018. According to the company's official Facebook page, the project took two years from the groundbreaking to the completion of the building structure. Located along Russian Blvd nearby the old Phnom Penh Waterpark, the projec...
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Low Sales Rate Hits Phnom Penh Condominium Market
- 31 August 2020
By Eric Wong Chon Lap With record units of residential properties available to the public in Phnom Penh, sales rates have fallen to a new low, with many empty homes in Phnom Penh which are mostly unsold or without residents. Due to COVID-19, we can foresee the postponement of new launches and discounts on unsold units which will hit the real estate sector hard. Some developers have postponed...
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Four International Multi-Purpose Buildings to be Built in Three Cambodian Provinces
- 31 August 2020
Four international multi-purpose buildings will be built in Phnom Penh, Koh Kong, and Kep under the support of China's Belt and Road Initiative (BRI). The first project is the Chong Fang International Building, the tallest of the four projects. Located in Khan Toul Kork, Phnom Penh, the building is to be 180 metres high, 60-floors, and scheduled to be completed in December 2020. To date, the...
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New Commercial Centre in Sihanoukville Officially Opens
- 28 August 2020
Sihanoukville Governor HE Kouch Chamroeun presided over the inauguration ceremony of a new Dara Samnang Commercial Center in the city on 28 August. According to the representative of Dara Samnang Commercial Center, Mr Mom Dara, the project was built on a total area of 12,886 square metres in Village 3 of Sangkat 1. He added that the firm spent 12 months to complete the project with an invest...
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Exclusive Interview: IKO International’s Business Strategies in Cambodia
- 25 August 2020
Roof shingle is an innovative technology in the field of construction or can be considered as a new product for Cambodia. Therefore, to provide knowledge related to this new field, Construction & Property Magazine’s reporter sat down and interviewed with a representative of IKO, a leading international firm specializing in roof shingles. Not only sharing knowledge, but IKO also provides some b...
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Two Chinese Firms to Invest in PPSEZ Despite COVID-19 Pandemic
- 25 August 2020
Sample picture Two new Chinese firms plan to build electronic manufacturing factories in the Phnom Penh Special Economic Zone (PPSEZ), despite the ongoing COVID-19 crisis. According to a post on the Phnom Penh SEZ Facebook page in mid-August, the pandemic has affected various sectors and in particular the supply chain in manufacturing companies. Businesses in the PPEZ have also been affected...
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Growth of Coal Power Plants Discouraging FDI over Environmental Concerns
- 15 August 2020
Some major brands including H&M, Adidas, Puma, Gap, and others have expressed concern and reluctance to continue investing in Cambodia due to the growth of coal power plants, which is not green energy, according to the Nikkei Review Asia on 12 August. These firms have sent a letter of concern to the Cambodian government stating that the policy of increasing coal power plants rather than ren...
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