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ខ្មែរ Business and Market
Cambodia Sees Sharp Decline in Construction Investment in 2018
- 25 December 2018
Although construction activities have yet to decline, construction investment capital has dropped remarkably in 2018, according to a report by the Ministry of Land Management Urban Planning and Construction (MLMUPC), issued on 24 December, 2018. According to the report, 2018 saw the ministry approve 2,867 construction projects covering 11 million square meters in construction area, with an esti...
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Land Prices in Three Provinces Change Within Six Months
- 24 December 2018
Rapid development and economic growth in Cambodia has driven an increase of land prices across the country, especially within the last six months of 2018. A recent land evaluation report by real estate firm Key Real Estate shows how average land prices for three provinces of Phnom Penh, Sihanoukville, and Siem Reap have changed. According to the report, among the 12 districts in Phnom Penh, ...
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VTrust Soft Launches 2030s Real Estate Report
- 18 December 2018
In a bid to promote the real estate sector in Cambodia, Cambodia’s largest property appraisal firm VTrust Appraisal Cambodia has launched its decennium report on the real estate sector in Phnom Penh. On 18 December, 2018, VTrust presented its report on the Phnom Penh serviced apartments market, which is part of its main report titled 'Phnom Penh 2030s: Ten Predictions for the Real Estate Sector...
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Land Plot Development Boom a Concern for Cambodian Economy
- 11 December 2018
Despite the business of developing land plots continuing to show great potential in the local market, the activity nonetheless poses a concern for Cambodia's economy. A recent World Bank report 'Cambodia Economic Update' highlights a concern for the financial sector in Cambodia with the buying and selling of propertyamong the issues raised. The report also pointed out the increases in both r...
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Renowned Cambodia Investor Still Optimistic on Construction Sector Prospects
- 5 December 2018
Despites a decrease in investment for construction sector in 2018, renowned Cambodia investors remain optimistic about the construction and real estate sectors in Cambodia. At the recent construction exhibition organised by the Cambodia Constructors Association (CCA) Neak Oknha Pung Keav Se, Chairman of Canadia Bank and Overseas Cambodia Investment Corporation (OCIC), expressed his optimism abo...
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Largest Gathering Yet for Construction Industry at MBAM Onebuild 2018
- 3 December 2018
The Malaysia International Construction & Infrastructure Technology Exhibition (MBAM OneBuild) held in collaboration with the Master Builders Association Malaysia (MBAM) successfully took place from 13- 15 November 2018 at Kuala Lumpur Convention Centre, Malaysia. This year, the exhibition managed to attract thousands of visitors from both the government and private sectors as well as inter...
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Annual Cambodia Construction Industry Expo of Cambodia Constructors Association Kicks Off
- 29 November 2018
The annual Construction Industry Exhibition has kick starts under participation of delegates of public and private representative. Organized by the Cambodia Constructor Association (CCA) chaired by Neak Oknha Pung Kheav Se, the Cambodia Construction Industry Exhibition this year has returned bigger and better. The Cambodia Construction Industry Expo 2018 kicks off preside by Deputy Prime Min...
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Construction and Real Estate Continue to Pose Risks for Financial Sector in Cambodia
- 28 November 2018
While Cambodia's economy is expected to grow by 7.1% in 2018, the construction and real estate sectors continue to pose risk to the financial sector, according to the World Bank. The World Bank report entitled 'Cambodia Economic Update' published on 28 November, 2018, highlighted that "risks in the financial sector continue to grow, with large exposure to the construction and real estate sector...
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With the Chinese Influx, Why Are Locals in Sihanoukville Pushing for Bank Loans?
- 27 November 2018
The beautiful tourist city in the southwest of Cambodia has been drawing so much attention over the last few years, the cityscape has changed dramatically with the construction of many new buildings together with the influx of Chinese people across the city. With the arrival of Chinese people and this growth of new buildings,which are mostly owned by Chinese companies, providing housing supply ...
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Bentley has expanded its business portfolio with strategic partners and acquisition
- 22 November 2018
World-leading infrastructure software development company, Bentley has announced during the ‘Year In Infrastructure 2018 conference’ held in London, the UK from October 15-18 about its business portfolio with strategic partners and acquisitions. In the key announcement by strategic partners during press conference co-speaks by Greg Bentley, CEO Bentley System with Eckard Eberie, CEO Process Aut...
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