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ខ្មែរ Business and Market
Korean Agency and The CCA to Promote Construction Sector
- 20 February 2019
KOTRA, the International Trade-Investment Promotion Agency of Korea's has held talks with the Cambodia Constructors Association (CCA) to explore cooperating in the promotion of the construction sector given the strong growth of the industry in Cambodia. The meeting took place between Mr. Chiv Siv Pheng, Secretariat General Manager of CCA, representative of Neak Oknha Pung Kheav Se Chairman of C...
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Construction Sector Milestone: Domestic Cement Production Up to 3.6 Million Tons in 2018
- 8 February 2019
8 Construction Solutions which combined high-quality production expertis... Cambodia produced more than 3.6 million tons of cement at four cement factories in the first nine months of 2018, a positive sign that the construction sector is growing steadily, according to the latest figures from the Ministry of Industry and Handicrafts. The four factories responsible for this milestone output ar...
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Aluminium China 2019 Ushers in New Industry Era, Following Positive Performance Indicators
- 8 February 2019
Aluminium China 2017 This year’s Aluminium China exhibition and conference, which will be held in July, will again serve China’s rapidly expanding aluminium industry by showcasing new state-of-the-art processes and products in the fields of automotives, construction, transportation, aerospace and consumer durables. Following new green manufacturing trends, Aluminium China 2019 is set to help op...
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CDC Approves Four Construction Material Factories Worth Us$35 Million
- 7 February 2019
Sample Photo Credit: Doha Cables The Council for the Development of Cambodia (CDC) has recently given permits to four firms to invest a total of approximately US$35 million to establish their construction material business in Cambodia, which are expected to generate at least 1,600 jobs. According to a press release from CDC, the four firms are Fashion Houseware (Cambodia) Co., Ltd, Tubao (Ca...
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More Skilled Cambodian Construction Workers Promised for Japan
- 2 February 2019
Cambodia and Japan agreed on more skilled construction workers working in Japan as a result of a 1 February 2019 meeting between the two parties. The Ministry of Labour and Vocational Training (MLVT) and the Japan Cambodia Interactive Association (JCIA) met to discuss labour cooperation, according to a Facebook post by the MLVT. JCIA Director Mr Fumio Yamada, said that there were more than 4...
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National Bank: Real Estate Credit Risk Remains Low
- 31 January 2019
Although the real estate sector continues to consume large amounts of credit, risks associated with this high credit growth in the sector remain low, according to a National Bank of Cambodia (NBC) assessment. The NBC annual report 2018 for financial stability risk assessment released on 30 January 2019, stated that credit in the real estate sector is still healthy despite its strong growth of a...
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Two major associations to promote real estate valuation in Cambodia
- 30 January 2019
Cambodia's robust economic growth is generating increasing prosperity in the real estate sector, reflected by an increase in real estate prices across the country. According to two major associations, this trend is also making property valuation an essential path for sustainable growth of the sector. On 30 January 2019, Chairman of the Cambodia Constructors Association (CCA) Neak Oknha Pung Khe...
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Italian V-STEEL congratulates its 2018 winner of the year
- 25 January 2019
On Wednesday 23 December, 2018 Chip Mong Group, the exclusive importer of V-Steel, organised its last lucky draw event for 2018 to find the winner of the Ford Ranger, a Zoomer X motorcycle, and Iphone 8 Plus prizes. Full of excitement and happiness, Mr Chea Eang from Prey Veng, the lucky customer who won the Ford Ranger 2018, said during the V-STEEL lucky draw event, that “nowadays, he’s provid...
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Phnom Penh to See Rise in Strata-title Office Supply in 2019
- 24 January 2019
Delays in the construction of landmark projects in 2018 will result in an increase in the Phnom Penh office strata-title supply in 2019, according to a report by real estate firm CBRE Cambodia. The recent Q4 2018 report forecasts that the office sector in 2019 is to see a rise in strata-title supply within the Phnom Penh market due to more stock coming online from Diamond Twin Tower and Star Ci...
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High Bangkok Prices Shift Developers’ Focus
- 23 January 2019
Property developers in Bangkok are shifting their project priorities due to the rapidly rising land prices in the Thai capital according to a new report from CBRE Thailand. An increasing reluctance to pay such high prices for prime freehold plots has seen developers diversifying toward built-to-hold assets such as serviced apartments, offices and hotels rather than build to sell assets such as ...
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