Urbanization and Architect
Top Chinese Steel Manufacturer Mulling Moving Blast Furnaces to Cambodia
Photo by Xinhua China’s top steel manufacture, China Baowu Steel Group, is conducting a feasibility study to move its blast furnaces from Xinjiang to Cambodia in late 2019, according to Reuters. Speaking to Reuters, an unnamed senior Baowu manager said that the company is studying the possibility of shipping two blast furnaces capable of producing 3.1 million tonnes of metal and two converte...
Read MoreChinese Experts to Help Cambodia Design Master Plan of Preah Sihanoukville Province
Chinese experts from the urban planning and design institute in Shenzhen city will start designing master plan for development in Preah Sihanoukville province, after a senior official explained that a master plan is important for the government which considers Preah Sihanoukville province as a multi-purpose economic zone. In a recent meeting with H.E Cham Prasidh, Senior Minister and Minister o...
Read MoreIncreasing Capacity of Water Treatment in Sihanouk City Approved
Photo by Ministry of Public Works and Transport Inter-ministries have agreed to upgrade capacity of 4 wastewater treatments in Preah Sihanoukville province from 25,000 cubic meter to 30,000 cubic meter aiming to restore environment in the province. The upgrading of capacity of wastewater treatment is scheduled to be completed ahead of 2022, when Preah Sihanoukville province hosts ASEAN Summi...
Read MoreLuxury Branded Residences on Rise in Asia Pacific
The majority of branded residential projects currently under construction globally, equaling 27%, are now located in Asia Pacific, according to a new Savills report. 120 completed, operational branded residential schemes are located in Asia Pacific with Thailand having 6% of schemes globally, making it the world's third biggest country market. Bangkok is one of the world’s biggest urban markets...
Read MoreMalaysia’s East Coast Rail Link to Proceed After Costs Slashed
After cancelling the Chinese-sponsored East Coast Rail Link in February 2019 due to concerns about the huge price tag, the Malaysian government has announced work will restart after costs have been slashed by US$5 billion. The first two phases of the 688km rail link will cost about $10.6bn, rather than the original estimate of $15.9bn, according to a statement from the office of Prime Minister ...
Read MoreCompetition Rises in Phnom Penh’s Retail Property Market
Competition is increasing in Phnom Penh’s retail property sector as developers build new retail centres. New community malls and shopping centres that are set to be complete or open include Phnom Penh Megamall (formerly Parkson Mall), The Bridge, Downtown 93, Noro Mall and Olympia Plaza Mall. These new developments will increase total retail spaces to approximately 300,000 square metres. The re...
Read MoreIndonesia Considering Moving Its Capital
The government of Indonesia is considering moving its capital Jakarta to the nearby island of Borneo due to concerns about overpopulation, urban gridlock and rapidly rising sea levels. The radical plan is focused on potentially establishing a new capital 900km away in Palangka Raya in Central Kalimantan province. A team from the Coordinating Ministry for Political, Legal, and Security Affair...
Read MoreCambodia Architect & Decor 2019
The platform to create networking and business opportunities between international stakeholders and local Cambodia architects, project developers, interior designers as well as traders and distributors, will return on 6 – 8 June 2019 at the Diamond Island Convention and Exhibition Center, Phnom Penh. Organisers, the Cambodian Society of Architects and ICVeX, retain the theme of “Design for bett...
Read MoreFC Barcelona New York Academy Developers Visit Cambodia to Provide Us Immigration Opportunity
FC Barcelona New York developers, Prospect Sports Partners, delivered a keynote presentation to investors in Phnom Penh offering them the opportunity to immigrate to the United States under the US government’s EB-5 immigration program. FC Barcelona New York Academy Developers, Prospect Sports Partners, delivered a keynote presentation to investors in Phnom Penh offering them a chance to immigra...
Read MoreValue-based Asset Development Management
By Michelangeloop The real estate industry is often defined as the process of buying and selling properties. In the 21st Century, real estate has grown into an industry that attracts professionals in fields including asset management, facilities management, and valuation and real estate. What are the differences between these roles? Asset Management: Jones (2008) defines asset management ...
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