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ខ្មែរ Business and Market
Experts Gather to Talk About Valuation and Banking Sectors
- 25 April 2019
Real estate experts and bank representatives in Cambodia gathered together to discuss valuation services and the role of banks in helping develop the real estate sector. On the evening of 24 April 2019, Cambodia’s largest property appraisal firm VTrust Appraisal Cambodia organised a ‘Supplier & Clients' Day’ at the Himawari Hotel to share information as well as announce its new services and...
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Study on Port Development Master Plan Started
- 25 April 2019
Photo by MPWT The Ministry of Public Works and Transport has allowed a group of Chinese experts on ports to conduct a study for a master plan on port development and the waterway system connection in Cambodia. Port experts from China Merchants Port in southern China’s Shenzhen city, which is the second largest port in China and the third largest port in the world, will conclude the study ove...
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KCC Paint gains increasingly loyalty from Cambodian consumers
- 24 April 2019
Cambodia’s booming construction industry has created a diversification of products making it complicated for consumers to choose the right and most suitable product for their building projects. If we look at the many paint products currently available on the Cambodian market, the Korean-produced KCC Paint is gaining more interest from Cambodian consumers as a result of its strong continued pres...
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SCG’s latest products help prevent water leakage
- 24 April 2019
When it comes to construction and water supply systems, water leakage is among the main concerns for households requiring the usage of PVC pipes on their property. But first, why there is a leakage? How can the problem be solved? SCG is one of Cambodia’s leading construction material suppliers and new products, namely the short flashing socket, brass faucet socket, and solvent cement, provid...
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The Future in Cambodia’s Construction Industry – Facilities Management
- 24 April 2019
By: Daniel Tan and Ngu Kea Yuan In the past, development has been described as property to be designed, constructed and sold to the end user, which marks the end of the development. Today, facilities management is the next generation of services to improve the development after the post construction period. Asset Management Jones (2008) defines asset management in the RICS Public Sector Ass...
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Spokesperson: Ground Broken on National Road No. 2 Soon
- 24 April 2019
After many years of waiting, the expansion of National Road No. 2 financed the South Korean government, is scheduled to break ground soon, according to the Ministry of Public Works and Transport (MPWT). Speaking by phone with Construction & Property Magazine on 24 April 2019, H.E Vasim Sorya, spokesperson for MPWT said that the initial procedures for the project are completed with ground br...
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Report: Cambodia’s FDI Focuses Mostly on Construction Sector
- 24 April 2019
Foreign direct investment (FDI) inflows peaked at 13.4% of gross domestic product (GDP) in 2018 and more than half of all FDI originated from China. These Chinese FDI inflows were directed towards construction (infrastructure, commercial and residential real estate), tourism and, to a lesser extent, to manufacturing and agriculture, according to a World Bank East Asia Pacific Economic Update re...
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Draft Master Plan for Kep Development Set for End of 2019
- 23 April 2019
Photo by ត្រាំ លីរតនៈ The government’s draft master plan for the development of Kep province as a ‘relaxation and high-end tourist destination’, is set to finalized by the end of 2019, according to the Ministry of Tourism. Speaking on phone with Construction & Property Magazine on 23 April 2019, Tourism Ministry spokesperson Mr Chuk Chumnor, said the Ministry of Tourism is planning a spe...
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Cambodia Developing to Become a Regional Logistics Hub
- 23 April 2019
Photo by MPWT The Cambodian government has unveiled its plan for the country to become a regional logistics hub, for goods warehousing and goods transportation in ASEAN, particularly between Vietnam and Thailand through strengthening the quality of transportation infrastructure. H.E Sun Chanthol, Senior Minister and Minister of Public Works and Transportation said that to become the regional...
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Cambodia and Thailand Jointly Construct First Border Bridge
- 22 April 2019
The governments of Cambodia and Thailand have jointly constructed the first border bridge between the two nations in Banteay Meanchey with the official inauguration taking place on 22 April 2019 by the heads of government of both countries. According to a post on Prime Minister Samdech Techo Hun Sen's Facebook page, the Government of Thailand has provided an estimated US$$19 million grant for t...
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