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ខ្មែរ Business and Market
Japan to Construct US$25 Million Water Treatment Facility in Choeung Ek
- 27 April 2019
Photo by pixabay.com The government of Japan, through the Japan International Cooperation Agency (JICA), has decided to help a construct water treatment facility for Cambodia in the southern part of Phnom Penh, as a result of a 24 April meeting. According to a Facebook post from Phnom Penh City Hall, the meeting between Phnom Penh Governor H.E Khoung Sreng and representatives of JICA, “decid...
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Cambodia-japan Inaugurate 8 New School Buildings in Phnom Penh
- 26 April 2019
Photo by រដ្ឋបាលរាជធានីភ្នំពេញ Representatives from the Cambodian and Japanese governments together on 26 April 2019 witnessed the inauguration of 8 new school buildings in Phnom Penh, which were built using the grant from the government of Japan through the Japan International Cooperation Agency (JICA). Presided over by Phnom Penh Governor H.E Khoung Sreng, and H.E Hidehisa Horinouchi, Japa...
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Chip Mong Retail Ground Breaks Community Mall in Russey Keo Area
- 26 April 2019
One of Cambodia leading retail players, Chip Mong Retail, broke ground on another community mall located in the Russey Keo area on 26 April. Sitting in the heart of Park Land 598 along Chea Sophara Road, this 5-storey ‘Chip Mong 598 Mall’ stretches over 11,000 square metres of floor area with 133 parking lots with construction expected to finish by the first quarter of 2021. With key retail ...
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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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