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Bmam Expo Asia 2018 Opening in September
The BMAM Expo Asia 2018 international exhibition and conference on building maintenance and facilities management will be held from 12 to 14 September 2018 in Hall 5-6 at the IMPACT Exhibition and Convention Center, Bangkok, Thailand. This huge expo will feature all the latest technologies and innovations for facilities management. The three-day event is hosted under the theme of “integrated so...
Read MoreFacebook to Build Us$1.4 Billion Data Centre in Singapore
Photo by Facebook According to a report by Channel NewsAsia (CNA), social media company Facebook is to construct an 11-storey data centre in Singapore with a capital investment of US$1.4 billion. Located at Tanjong Kling, the data centre will feature a total area of 170,000 square metres and create hundreds of construction and many other types of jobs. According to the same source, the fi...
Read MoreCambodian Government to Construct Another Multi-million Stadium
In a bid to promote the sports sector, the Cambodian government has announced plans to build another multi-million dollar sports stadium located Serey Sophorn City, Banteay Meanchey Province, according to government news agency Agence Kampuchea Presse (AKP). During the first phase of construction, the complex will cover 5.5 hectares of land while the next phase will cover 13 hectares and in the...
Read MoreWorld Bank to Grant US$50m for Development Projects in Cambodia
Photo by Sheladia Associates, Inc. Senior Cambodian government officials have confirmed that the World Bank plans to grant US$50 million to Cambodia for development projects of which US$20 million is for a water and drainage system project in Siem Reap Province. Mr Ken Rotha, Deputy Director of the Department of Public Works said that he is positive that World Bank will grant the loan and th...
Read MoreAfter Deadly Quake, Indonesians Urge Return to Traditional Building Methods
Photo by nl.wikipedia.org After the collapse of modern concrete buildings was responsible for a high death toll and homelessnessfollowing the deadly earthquakes in Indonesia, many have called for a return to traditional construction methods using natural materials. The Associated Press reported that 436 people died as a result of the 5 August earthquake on the island of Lombok, the majority ...
Read MoreChina to Inject Us$1.2billion on Tourism Project in Koh Kong
Dara Sakor Resort China Union Development Group Co., Ltd has revealed plans to invest billionsof dollars on the construction of a “Tourism City” located in the coastal city Koh Kong Province. In a meeting with H.E Pan Sorasak, Minister of Commerce (MoC) Mr Li Tao, Chairman of the Board of Director of Union Development Group Co., Ltd, said that his company plans to invest US$1.2 billion to bu...
Read MoreCambodia Receives Significant Investment on Furniture and Construction Materials
While construction sectors continues to boom in Cambodia, investment in furniture and other construction materials are also increasing. Indeed, on 3 September the Council for the Development of Cambodia (CDC) had approved the US$10 million investment project from TGH (Cambodia) Industrial Co., Ltd. Located in Sihanoukville Special Economic Zone (SEZ), the investment project is aimed at building...
Read MoreChip Mong Breaks Ground on 271 Mega Mall
Chip Mong Retail, a subsidiary of Cambodian conglomerate Chip Mong Group, held a groundbreaking ceremony on 30 August for its first-ever world-class shopping center Chip Mong 271 Mega Mall located along Yothapol Khemarak Phoumin Blvd (271). The 271 Mega Mall covers a total area of 160,000 square meters (about 16 hectares) offering a mix of different lifestyle brands, products, services, as well...
Read MoreMalaysian PM Pulls the Country Back From Infrastructure Plans With China
Photo by World Economic Forum Malaysian Prime Minister Mahathir Mohamad continues to indicate his plans to abandon the multi-billion dollar Chinese-sponsored infrastructure program agreed to by previous PM Najib Razak. PM Mahathir has already suspended almost US$25 billion of Chinese projects including the $20 billion East Coast Rail Link and two huge petroleum pipeline projects. His rati...
Read MoreEurocham’s Breakfast Talk Marks a Milestone on Energy Outlook
The European Chamber of Commerce in Cambodia (EuroCham Cambodia) organised a Breakfast Talk regarding “Bloomberg’s 2018 New Energy Outlook” on 30 August 2018, bringing an in-depth understanding on how low-cost energy options are reshaping energy investment plans. Held at Raffles Hotel Le Royal, Phnom Penh, the event brought guest speakers from Bloomberg New Energy Finance (BNEF), Investing in I...
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