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ខ្មែរ Uncategorized
CCA Greets Hong Kong Business Delegation
- 30 March 2017
The Cambodia Constructors Association (CCA) welcomed a high-level business delegation from Hong Kong in February for discussions on investment opportunities in the kingdom’s construction and real estate markets. During the meeting at the Canadia Bank Office on 27 February, the 20 top executives from CCA member companies exchanged insights with 24 business leaders from Hong Kong Infrastructure D...
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Cambodia Constructor’s Association President takes on new role
- 30 March 2017
As a Chinese-Cambodian descendant and a leading figure in Cambodia’s business community, Neak Oknha Pung Kheav Se was recently elected as the new head of the Cambodian-Chinese Association in Cambodia, succeeding Oknha Duong Chhiv, who has retired after holding the post for the last 16 years. At a dinner reception for over 4,000 Chinese and Cambodian participants presided over by Samdech Prime M...
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Korea-China Club seeks Cambodia investment opportunities
- 30 March 2017
The Cambodia Constructors Association (CCA) gave a presentation on the investment opportunities in Cambodia’s construction and property industries to a delegation representing the Korea-China Friendship Association based in Jiangsu, China in February. The delegation, comprised of some of the largest ventures in the China and Korea construction and real estate industries, aimed to study construc...
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Vietnam to build giant steelworks
- 29 March 2017
A giant steelworks manufacturing complex is to be built in central Vietnam as part of a government plan to reduce the nation’s dependence on Chinese steel imports. Hoa Phat Group will build a USD2.7bn facility in Quang Ngai province with a total eventual capacity of 6 tons per year. The government plans to build 10 similar plants nationwide in an effort to offset the 18 million tons of steel th...
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Mega PPP scheme for Thailand
- 29 March 2017
A mega 11 project infrastructure program worth USD20bn has been announced by the Thai government to be approved by its PPP (Public Private Partnership) committee in 2017. Three projects to extend the Bangkok metro are worth an estimated total of USD9.2bn, two high speed rail links from the capital to southeast coastal resorts are slated to cost USD7.5bn while a Suvarnabhumi airport rail link is...
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The Bridge tops out
- 29 March 2017
The Oxley-Worldbridge multi-use showcase development The Bridge topped out ahead of schedule at the end of 2016 with a formal ceremony celebrating the success. After starting construction in 2014, the USD300 million twin tower project now has 45 storeys and stands 160m high on the bank of the Chaktomuk River in downtown Phnom Penh. When completed, The Bridge will feature luxury condominium u...
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Cambodia, Vietnam discuss toll highway
- 29 March 2017
Construction of toll highway between Cambodia and Vietnam was the subject of discussions between the two governments in January. The 232km National Road No.1 currently links the two neighbouring countries with travel time recently improved with the opening of the spectacular Kizuna Bridge. The planned toll road would link the two nations with a new 147km route running through Bavet City but ...
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Solar SEZ planned for K. Chhnang
- 29 March 2017
A solar-powered special economic zone (SEZ) is being planned in Kompong Chhnang through a Cambodian-South Korean joint venture. The proposal for the 100-hectare SEZ to be located around 70km from Phnom Penh involves construction of an industrial park together with a 100-megawatt solar farm to provide cheap, off-grid electricity to companies taking tenancy. The joint venture between Asia Sunr...
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Chinese win twin tower contract
- 29 March 2017
Two Chinese companies have won the contract to construct the Thai Boon Roong twin towers project in Phnom Penh. Sino Great Wall Holdings and Wuchang Shipbuilding Industry Group signed a joint venture agreement and won the contract with a bid of USD2.7 billion. When the project is completed, the 133-storey towers will soar 560 metres high. This will make it more than double the highest buildi...
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Another walkway for riverside
- 29 March 2017
The Municipality of Phnom Penh has announced it is to construct another new pedestrian walkway on the capital’s riverside. The planned second walkway will stretch approximately 1,600m from the Night Market to the Japanese Bridge. The announcement made by Phnom Penh Governor Pa Socheatavong follows the opening of the hugely popular first pedestrian riverside extension from behind Chaktomuk Theat...
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