Page 7 - Constructors Association News Today

The Kingdom imported 584 tonnes of steel from Vietnam in the first five months of 2021, down 1.5 per cent year-on-year, Vietnamese media outlet VN Express reported.

PHNOM PENH (The Phnom Penh Post/ANN): The global health crisis caused by the Covid-19 outbreak has dragged down investment in the Cambodian construction sector, which had shown positive signs for several years in a row.

Share Just $7.8 billion in new construction projects were approved in 2020, down 32.1 per cent on a yearly basis. Hean Rangsey Investment in construction crumbles under pandemic Wed, 2 June 2021 The global health crisis caused by the Covid-19 outbreak has dragged down investment in the Cambodian construction sector, which had shown positive signs for several years in a row. Last year, the Ministry of Land Management, Urban Planning and Construction approved just $7.8 billion in new construction...

Cambodia’s steel and cement imports were worth $469.88 million last year, eroded by 28.66 per cent from $658.71 million in 2019, as the Covid-19 crisis put a halt to many construction projects, slowing activity to a crawl.

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Blockades and other movement restrictions imposed to stave off the spread of Covid-19 – further fuelled by the February 20 community outbreak – have brought the construction sector to a near standstill, according to industry insiders. Ieng Sotheara, co-founder of Arakawa Co Ltd, which owns the Arakawa Residence condominium development, told The Post on April 28 that the project was behind schedule and that the number of workers had been reduced from 2,000 before the lockdown to about 100, a...

Share Cambodia’s five cement factories produced 7.9 million tonnes of finished product last year, marking a seven per cent gain from 2019. Hin Pisei Cement plants churn out 7.9M tonnes Tue, 9 February 2021 Cambodias five cement factories produced 7.9 million tonnes of finished product last year, marking a seven per cent gain from 2019 even with myriad construction projects put on hold by Covid-19 throughout the year, according to Cambodian Cement Manufacturing Association secretary-general P...

An important meeting of the Construction Industry Development Board (CIDB) would be held at the Ministry of Planning, Development, and Special Initiatives

Brokers can play a key role in helping the small-business sector navigate the challenges and opportunities as financial assistance pares back and the economy recovers, says Nick McGrath, CEO of business growth platform Moneytech.