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ខ្មែរ Uncategorized
IMF Cautions Cambodia on Credit in Real Estate Sector
- 3 October 2018
Cambodia needs to be more cautious about credit in the real estate sector, according to the end-of-mission press releases issued by the International Monetary Fund (IMF) on 2 October, 2018 regarding the preliminary findings of the “2018 Article IV consultation”. The preliminary findings (not the views of the IMF’s Executive Board) of the 23-day mission 19 (September to 2 October, 2018), show th...
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Luxury Six Senses Krabey Island resort to welcome guests from December
- 2 October 2018
Photo by Pixabay Hotels.com With Sihanoukville in need of more luxury accommodation, some exclusive new development projects are now coming online. One example is Six Senses Krabey Island, a member of Six Senses Hotels Resorts Spas, which is set to accept room reservations from December 1, 2018. Located in the heart of tropical island Krabey, a 30-minute ride from Sihanoukville International...
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British Companies Eye Cambodia for Construction Business
- 2 October 2018
Many British companies are looking for opportunities to do business in the Cambodian construction sector, according to British diplomats. According to a Ministry of Commerce Facebook post on 2 October, 2018, UK Trade envoy H.E Edward Vaizey and British Ambassador to Cambodia H.E Tina Redshaw said that “currently there are many British construction companies looking for opportunities to enter in...
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Three Chinese Firm Team Up to Establish Online Commercial Center at Bavet City
- 1 October 2018
Sample photo by Vents Magazine Three Chinese companies have signed a collaboration agreement on the establishment of an online commercial centre in Bavet, according to a report by FRESH NEWS on 30 September, 2018. According to the same source, the developer of the Svay Rieng border town project, Empire World Group, signed the agreement with Bauing Group and CFMA (City Facility Management) to...
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IsI Palm Roof Sheeting in High Demand
- 1 October 2018
While imported construction material are entering the Cambodian market in significant volume, local construction material manufacturers are working hard to provide high quality products to their consumers. A good example of this trend is one of Cambodia leading construction materials manufacturers ISI Steel,which has successfully developed over the past two decades as demand for the supply of s...
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Chinese Firm Announces Construction Plan for High-end Residential Building
- 29 September 2018
A Chinese real estate firm has announced their development plan for a high-end residential building called the R & F Glory, according to a post on the Ministry of Information’s (MoI )facebook post on 28 September, 2018. R & F Properties has announced a US$700 million investment for a 174-metre high, 57-storey building on 8 hectares of land in the south of Phnom Penh. According to the...
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China Keen to Build Roads Throughout Sihanoukville Province
- 28 September 2018
Chinese companies are interested in building roads throughout Sihanoukville Province, according to Sihanoukville provincial governor H.E Yun Min. In a phone interview with Construction&Property Magazine on 27 September, 2018, H.E Yun Min said that Chinese companies are interested in constructing and restoring roads throughout Sihanoukville and there were already six companies proposing to c...
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Japan Continues to Promote Health and Work Safety for Construction Work
- 28 September 2018
Japan will continue to help Cambodia to improve the quality of construction work until 2020. According to a Facebook post by the Ministry of Labor and Vocational Training (MLVT) on 27 September, 2018, Japan has decided to continue supporting Cambodia on the project that will promote health standards and work safety for the construction sector from 2018-2020 following the success of the first pr...
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European Union Organises Seminar on Problems Faced by Female Construction Workers
- 27 September 2018
Photo by Al Jazeera The European Union recently organised a half-day seminar to discuss the problems and challenges faced by female construction workers in Cambodia. Held on 27 September, 2018 at Tonle Bassac II Restaurant, the seminar was attended around 40 people including representatives from the Ministry of Labour and Vocational Training, Care Cambodia, Australian Development Cooperation...
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CCA Predicts Positive Growth for Construction Industry in H2 2018
- 27 September 2018
The Cambodia Constructors Association (CCA) has predicted that the construction industry will continue to growin the second half of 2018 and the demand for raw construction materials will also increase. Reflecting on the National Bank of Cambodia’s (NBC) semi-annual report regarding the import of construction materials during the first six months of 2018, Mr Chiv Sivpeng, general manager at the...
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