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Tuesday, August 28, 2012
Camko City restarts as banking scandals drop
Phnom Penh Post
Two men on a motorcycle pass the Camko City development in Phnom Penh in March. Photograph: Hong Menea/Phnom Penh Post
World City Co Ltd, the company behind Camko City, has resumed the construction of retail space and parks, according to Kheng Ser, assistant to the company’s Chief executive, Lee Sang-ho.
He said residential space was nearly sold out, but could not confirm a completion date for the first phase of the project.
“We do not know when it will be completed. That depends on our investment partners,” Kheng Ser said.
He declined to name the partners, citing a non-disclosure agreement.
In a recent statement issued by World City, the company said all charges involving Lee Sang-ho had been dropped.
“In the end, the Korean appellate court has finally ruled not guilty to Mr. Lee Sang-ho on the rumours by the media,” the statement read.
Local media have reported that Lee Sang-ho and Korean business leader Lee Tae-hwan, also connected with loans from the now-bankrupt Busan Savings Bank, are still serving suspended sentences on embezzlement charges.
Kheng Ser denied that Lee Sang-ho had been convicted of embezzlement charges and said all charges had been dropped.
The New Siem Reap International Airport (NSRIA), originally financed by the Korean bank, has missed two projected ground-breaking dates since April.
Tek Reth Samrach, chairman of the $1 billion project’s steering committee, acknowledged the tardiness of NSRIA Co Ltd.
“They have submitted documents but have not started yet. We must give them more time on such a big project,” he said.
NSRIA CEO Lee Tae-hwan was acquitted of malpractice charges last week, according to local media.
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Original post: http://www.phnompenhpost.com/index.php/2012082858313/Business/camko-city-restarts-as-banking-scandals-drop.html
Friday, August 10, 2012
JOB: MID LEVEL ARCHITECT OR INTERIOR DESIGNER
POSITION AVAILABLE:
MID LEVEL ARCHITECT OR INTERIOR DESIGNER
Collective Studio
Eva Lloyd / 089953681 / evalloydunsw@gmail.com
MID LEVEL ARCHITECT OR INTERIOR DESIGNER
Collective Studio
Eva Lloyd / 089953681 / evalloydunsw@gmail.com
Giacomo Butte / 0766027913 / giacomo.butte.2@gmail.com
www.collectivestudio.cc
What do we do?
We are a design studio.
Our work spans from architectural projects to interior fitouts, temporary installations and advocacy.
We work with commercial clients, non-government / grassroots organisations, and private individuals.
What are we looking for?
A person with a small amount (2yrs) of studio based design experience.
Ability to take over a project from the concept design phase and complete a detailed documentation set.
Ability to communicate with suppliers, builders and clients.
Some construction monitoring and 3D imagery but main focus will be on design development/technical documentation.
What experience do we require?
2yrs experience in an architectural studio or interior design studio, preferably in project documentation.
www.collectivestudio.cc
What do we do?
We are a design studio.
Our work spans from architectural projects to interior fitouts, temporary installations and advocacy.
We work with commercial clients, non-government / grassroots organisations, and private individuals.
What are we looking for?
A person with a small amount (2yrs) of studio based design experience.
Ability to take over a project from the concept design phase and complete a detailed documentation set.
Ability to communicate with suppliers, builders and clients.
Some construction monitoring and 3D imagery but main focus will be on design development/technical documentation.
What experience do we require?
2yrs experience in an architectural studio or interior design studio, preferably in project documentation.
What qualifications do we require?
Bachelor of Architecture or
Bachelor of Interior Design
Which technical skills do we require?
Adobe photoshop, illustrator, indesign
AutoCAD
ArchiCAD (not essential)
Bachelor of Architecture or
Bachelor of Interior Design
Which technical skills do we require?
Adobe photoshop, illustrator, indesign
AutoCAD
ArchiCAD (not essential)
3D software
What hours do we require?
Full time.
8am-5pm
Mon-Fri
What hours do we require?
Full time.
8am-5pm
Mon-Fri
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If you are looking for staff to work for your firm, please contact blog admin:
Email: reaseyh.saophol@gmail.com
Thursday, June 14, 2012
Olympic Stadium Facebook Cover
ភាសាខ្មែរ
English
Like our page on Facebook
Please kindly follow the link to learn more about the stadium http://cityofwater.wordpress.com/2012/02/24/a-love-letter-to-the-olympic-stadium/
Wednesday, June 6, 2012
គម្រោងព្រលានយន្តហោះសៀមរាបត្រូវពន្យារ Siem Reap’s US$1bn airport delayed
Wednesday, 06 June 2012 May Kunmakara
No ground was broken in May on the New Siem Reap International Airport (NSRIA), a US$1 billion Korean investment, and officials say no definite date has been set for work on the project as the developer looks for new partners.
NSRIA Co Ltd, an equal joint venture by Camco Airport Co Ltd and Lees A&A, would not begin construction on the mega-project, for which a ground-breaking ceremony had been scheduled in May, Tek Reth Samrach, chairman of the airport steering committee, said yesterday.
The two companies, which last year were embroiled in a fraud scandal in Korea, were struggling with the project that would be the largest airport in Cambodia if completed, according to Tek Reth Samrach.
NSRIA has declined to formally notify the Cambodian government of its plans for the project, which was hoped to have a capacity of as many as 15 million passengers a year.
“We sent them a letter in early April but they replied unofficially, saying the company is facing some internal problems,” he said. “They are seeking a new partner now.”
The government has largely been left in the dark regarding details on the nature of the company’s ailments.
Tek Reth Samrach said he didn’t know which of the two companies would be seeking a new partner, or if one of the companies would be pulling out of the project.
Construction was expected as early as April, the Post reported in March.
At the time, the airport steering committee expressed confidence in the Korean company’s ability to see a timely start to the project despite a key Korean player being jailed in his home country.
Attempts to reach Camco Airport Co Ltd and Lees A&A yesterday were unsuccessful.
The companies yesterday appeared not to have websites.
NSRIA has yet to announce any new plans for groundbreaking this year, stoking some worry on possible long-term delays, the likes of which other Korean projects such as Camko City and Gold Tower have seen in the past three years.
“For huge investments such as this one, if they get suspended for two or three months, that doesn’t matter. But delays should not last more than a year,” Tek Reth Samrach said.
“On the government side, we already offered them the land for the development. We hope they can seek a new partner and start soon.”
The airport design has been submitted to Cambodian officials, the Post reported in March.
The government granted NSRIA a 500 hectare land concession in 2010. The site is 60 kilometres from the city of Siem Reap.
In March, NSRIA chief executive Lee Tae-hwan was sentenced to seven years in prison for involvement with fraudulent loans at Busan Savings Bank.
The scandal, which shook Korean financers and investors in mid-2011, put the brakes on Camko City, a $2 billion satellite city project in Phnom Penh.
Much speculation also surrounds the future of Gold Tower, a Korean investment in the centre of the capital, which has been a more than 30-storey stack of concrete and rebar since 2010.
Investors Yon Woo have routinely declined to comment on their plans for the project and government officials in the Ministry of Land management, Urban Planning and Constructionhave said they are unaware of the company’s plans.
A bigger airport would be needed to cater to the seven million annual tourists the Cambodian government hopes to receive by 2020, Ang Kim Eang, president of the Cambodian Association of Travel Agents, said yesterday.
Phnom Penh International Airport has a maximum capacity of three million passengers per year, he said.
“If we look at the target of the Ministry of Tourism, of course we need an airport with a big capacity so that we can attract more tourists to come to the country. We could welcome long-haul flights from the United States, Europe, Australia and so on,” Ang Kim Eang said.
Bangkok’s Suvarnabhumi Airport can receive 40 million tourists a year and Vietnam is now expanding its capacity to 15 million passengers, he added.
To contact the reporter on this story: May Kunmakara atkunmakara.may@phnompenhpost.com
Original post: http://www.phnompenhpost.com/index.php/2012060656613/Business/siem-reaps-us1bn-airport-delayed.html
ភាសាខ្មែរ
សៀមរាបៈ ផែនការសាងសង់ព្រលានយន្តហោះអន្តរជាតិសៀមរាប (NSRIA) តម្លៃ១ពាន់លានដុល្លារត្រូវពន្យារពេល និងគ្មានកាលបរិច្ឆេទច្បាស់លាស់សម្រាប់គម្រោងនេះដោយសារក្រុមហ៊ុន អភិវឌ្ឍន៍កំពុងសម្លឹងរកមើលដៃគូថ្មី។
តាមគម្រោងការបុកគ្រឹះសាងសង់នឹងត្រូវធ្វើនៅខែឧសភា ប៉ុន្តែត្រូវបានពន្យារ ដោយគ្មានការកំណត់ពេលថានឹងត្រូវចាប់ផ្តើមពេលណាច្បាស់លាស់ នោះទេ។
លោក តឹក រ៉េតសំរេច ប្រធានគណៈកម្មាធិការនាយកព្រលានយន្តហោះនេះបានឲ្យដឹងកាលពី ម្សិលមិញថា ព្រលានយន្តហោះអន្តរជាតិសៀមរាប ជាការបណ្តាក់ទុនស្មើគ្នារវាង Camco Airport Co Ltd និង Lees A&A នៅមិនអាចចាប់ផ្តើមការសាងសង់គម្រោងធំនេះបាននៅឡើយទេ។
ក្រុមហ៊ុនកូរ៉េទាំងពីរ ដែលបានជួបរឿងអាស្រូវកាលពីឆ្នាំមុន នៅកូរ៉េខាងត្បូង កំពុងពុះពារលើគម្រោងព្រលានយន្តហោះដ៏ធំជាងគេនៅកម្ពុជាមួយ នេះ។ នេះបើយោងតាមលោក តឹក រ៉េតសំរេច។
NSRIA បានបដិសេធជូនដំណឹងជាផ្លូវការដល់រដ្ឋាភិបាលកម្ពុជា អំពីគម្រោងរបស់ខ្លួន។ ព្រលានថ្មីនេះត្រូវគេសង្ឃឹមថាមានសមត្ថភាពអាចទទួលអ្នកដំណើរ បាន១៥លាននាក់ ក្នុងមួយឆ្នាំ។ លោកបានលើកឡើងថា៖ «យើងបានបញ្ជូនលិខិតកាលពីដើមខែមេសា ប៉ុន្តែពួកគេមិនបានឆ្លើយតបជាផ្លូវការឡើយ ដោយគ្រាន់តែនិយាយថា ក្រុមហ៊ុន កំពុងប្រឈមនឹងបញ្ហាផ្ទៃក្នុងមួយចំនួន។ ពួកគេកំពុងស្វែងរកដៃគូថ្មី»រដ្ឋាភិបាល បានផ្តល់ព័ត៌មានលម្អិតមិនបានច្បាស់លាស់ ទាក់ទងនឹងស្ថានភាពរបស់ក្រុមហ៊ុន។
លោក តឹក រ៉េតសំរេច បានឲ្យដឹងថា លោកមិនបានដឹងថាតើក្រុមហ៊ុនមួយណាក្នុងចំណោមទាំងពីរ កំពុងស្វែងរកដៃគូថ្មី ឬ អាចមានក្រុមហ៊ុនមួយ នឹងត្រូវដកខ្លួននោះឡើយ។
កាលពីខែមីនា ដើមឆ្នាំនេះភ្នំពេញ ប៉ុស្តិ៍ បានធ្វើសេចក្តីរាយការណ៍ថា ការសាងសង់នេះ ត្រូវបានគេរំពឹងថានឹងធ្វើឡើងយ៉ាងឆាប់បំផុតនៅខែមេសា។
នៅពេលនោះ គណៈកម្មាធិការនាយក បានបង្ហាញទំនុកចិត្តលើសមត្ថភាពរបស់ក្រុមហ៊ុន ក្នុងការចាប់ផ្តើមគម្រោងទាន់ពេលវេលា ទោះបីជាដៃគូសំខាន់របស់កូរ៉េ បានជាប់ពន្ធនាគារនៅក្នុងប្រទេសរបស់ខ្លួនក៏ដោយ។
មិនអាចទាក់ទងក្រុមហ៊ុន Camco Airport Co Ltd និង Lees A&A បានទេ កាលពីម្សិលមិញ។
NSRIA មិនបានប្រកាសអំពីគម្រោងថ្មី ក្នុងការបុកគ្រឹះនៅឆ្នាំនេះឡើយ ដែលធ្វើឲ្យមានការព្រួយបារម្ភទាក់ទងនឹងការពន្យារពេលយូរ ដូចគម្រោងកាំកូស៊ីធី និង Gold Tower។
លោក តឹក រ៉េតសំរេច លើកឡើងថា៖ «សម្រាប់គម្រោងវិនិយោគធំៗដូចនេះ បើផ្អាក ២ ទៅ ៣ខែ នោះមិនមានបញ្ហាឡើយ ប៉ុន្តែការផ្អាកមិនគួរលើសពីមួយឆ្នាំឡើយ ។ ខាងភាគីរដ្ឋាភិបាល យើងបានផ្តល់ដីឲ្យពួកគេអភិវឌ្ឍ។ យើងសង្ឃឹមថា គេអាចស្វែងរកដៃគូថ្មីបានឆាប់និងចាប់ផ្តើមក្នុងពេលឆាប់ៗនេះ »។
ការរចនាប្លង់ព្រលានយន្តហោះនេះត្រូវបានបញ្ជូនមកកាន់មន្ត្រី កម្ពុជាហើយ។ នេះបើតាមការរាយការណ៍របស់ភ្នំពេញ ប៉ុស្តិ៍ កាលពីខែមីនា។ រដ្ឋាភិបាលបានផ្តល់ដីដល់ NSRIA ៥០០ហិកតា កាលពីឆ្នាំ២០១០ ដែលមានចម្ងាយ ៦០គីឡូម៉ែត្រពីទីក្រុងសៀមរាប។
កាលពីខែមីនា លោក Lee Tae-hwan ប្រធាននាយកប្រតិបត្តិ NSRIA ត្រូវកាត់ទោសឲ្យជាប់គុក៧ឆ្នាំ ពាក់ព័ន្ធនឹងការបោកបន្លំប្រាក់កម្ចីនៅ Busan។ រឿងអាស្រូវដែលធ្វើឲ្យរន្ធត់ដល់អ្នកហិរញ្ញវត្ថុ និងវិនិយោគិនកូរ៉េ បានបង្អាក់ការសាងសង់គម្រោងខេមកូស៊ីធី ជាទីក្រុងរណបភ្នំពេញ ដែលចំណាយអស់ប្រាក់២ពាន់លានដុល្លារ។
លោក អាង គឹមអៀង ប្រធានសមាគមភ្នាក់ងារទេសចរណ៍កម្ពុជា បានឲ្យដឹង កាលពីម្សិលមិញថា ព្រលានដ៏ធំនេះនឹងអាចនាំយកភ្ញៀវទេសចរ៧លាននាក់ក្នុងមួយឆ្នាំៗមកកម្ពុជា ហើយរដ្ឋាភិបាលសង្ឃឹមថានឹងទទួលបានចំនួននេះនៅត្រឹមឆ្នាំ២០២០។ លោកបន្តថា ព្រលានយន្តហោះអន្តរជាតិភ្នំពេញ មានសមត្ថភាពអាចផ្ទុកអ្នកដំណើរបាន៣លាននាក់ ក្នុងមួយឆ្នាំ។
លោកបន្តថា៖ «បើយើងសម្លឹងមើលគោលដៅរបស់ក្រសួង យើងត្រូវការព្រលានយន្តហោះដែលមានសមត្ថភាពអាចផ្ទុកអ្នកដំណើរបាន ច្រើន ដូច្នេះយើងអាចទាក់ទាញភ្ញៀវទេសចរបានកាន់តែច្រើន។ យើងអាចស្វាគមន៍ការហោះហើរផ្លូវឆ្ងាយពីអាមេរិក អឺរ៉ុប អូស្ត្រាលី។ល។»
លោកបន្ថែមថា ព្រលានយន្តហោះសុវណ្ណភូមិនៅបាងកកអាចទទួលភ្ញៀវបាន៤០លាននាក់ ក្នុងមួយឆ្នាំ ហើយវៀតណាម កំពុងពង្រីកសមត្ថភាពខ្លួន រហូតដល់១៥លាននាក់ក្នុងមួយឆ្នាំ៕ CS
English
No ground was broken in May on the New Siem Reap International Airport (NSRIA), a US$1 billion Korean investment, and officials say no definite date has been set for work on the project as the developer looks for new partners.
NSRIA Co Ltd, an equal joint venture by Camco Airport Co Ltd and Lees A&A, would not begin construction on the mega-project, for which a ground-breaking ceremony had been scheduled in May, Tek Reth Samrach, chairman of the airport steering committee, said yesterday.
The two companies, which last year were embroiled in a fraud scandal in Korea, were struggling with the project that would be the largest airport in Cambodia if completed, according to Tek Reth Samrach.
NSRIA has declined to formally notify the Cambodian government of its plans for the project, which was hoped to have a capacity of as many as 15 million passengers a year.
“We sent them a letter in early April but they replied unofficially, saying the company is facing some internal problems,” he said. “They are seeking a new partner now.”
The government has largely been left in the dark regarding details on the nature of the company’s ailments.
Tek Reth Samrach said he didn’t know which of the two companies would be seeking a new partner, or if one of the companies would be pulling out of the project.
Construction was expected as early as April, the Post reported in March.
At the time, the airport steering committee expressed confidence in the Korean company’s ability to see a timely start to the project despite a key Korean player being jailed in his home country.
Attempts to reach Camco Airport Co Ltd and Lees A&A yesterday were unsuccessful.
The companies yesterday appeared not to have websites.
NSRIA has yet to announce any new plans for groundbreaking this year, stoking some worry on possible long-term delays, the likes of which other Korean projects such as Camko City and Gold Tower have seen in the past three years.
“For huge investments such as this one, if they get suspended for two or three months, that doesn’t matter. But delays should not last more than a year,” Tek Reth Samrach said.
“On the government side, we already offered them the land for the development. We hope they can seek a new partner and start soon.”
The airport design has been submitted to Cambodian officials, the Post reported in March.
The government granted NSRIA a 500 hectare land concession in 2010. The site is 60 kilometres from the city of Siem Reap.
In March, NSRIA chief executive Lee Tae-hwan was sentenced to seven years in prison for involvement with fraudulent loans at Busan Savings Bank.
The scandal, which shook Korean financers and investors in mid-2011, put the brakes on Camko City, a $2 billion satellite city project in Phnom Penh.
Much speculation also surrounds the future of Gold Tower, a Korean investment in the centre of the capital, which has been a more than 30-storey stack of concrete and rebar since 2010.
Investors Yon Woo have routinely declined to comment on their plans for the project and government officials in the Ministry of Land management, Urban Planning and Constructionhave said they are unaware of the company’s plans.
A bigger airport would be needed to cater to the seven million annual tourists the Cambodian government hopes to receive by 2020, Ang Kim Eang, president of the Cambodian Association of Travel Agents, said yesterday.
Phnom Penh International Airport has a maximum capacity of three million passengers per year, he said.
“If we look at the target of the Ministry of Tourism, of course we need an airport with a big capacity so that we can attract more tourists to come to the country. We could welcome long-haul flights from the United States, Europe, Australia and so on,” Ang Kim Eang said.
Bangkok’s Suvarnabhumi Airport can receive 40 million tourists a year and Vietnam is now expanding its capacity to 15 million passengers, he added.
To contact the reporter on this story: May Kunmakara atkunmakara.may@phnompenhpost.com
Original post: http://www.phnompenhpost.com/index.php/2012060656613/Business/siem-reaps-us1bn-airport-delayed.html
Monday, June 4, 2012
Retail space to triple: report
Monday, 04 June 2012 Don Weinland
The supply of shopping centre space in Phnom Penh is set to triple in the next five years, according to a CBRE Cambodia report, and one insider said the jump in higher-end retail venues would come even sooner.
A Parkson Corporation Sdn Bhd shopping centre, one of two large-scale international retail developments in the country, would push that increase in retail supply.
If planned developments come to fruition, there could be as much as 312,000 square metres of retail venues in shopping centres by 2017, up from last month’s count of about 105,000 square metres, the CBRE report said.
Malaysia’s Parkson has started construction on a shopping centre in Phnom Penh, Sung Bonna, president of National Valuers Association of Cambodia, said yesterday, although he declined to give details on the project.
Japanese retail developer Aeon Co Ltd was also in the process of developing what would be one of the country’s largest retail shopping centres on the capital’s Sothearos Boulevard.
A lack of world-class brand management in Cambodian malls is driving the demand for internationally developed shopping projects, Knight Frank country manager Sunny Soo said yesterday.
“At malls here, you have two floors of people selling shoes – sometimes the same shoes. It’s not profitable for the retailer or the mall owners,” he said.
“Until today, the city doesn’t have first class shopping malls ... All the shopping malls here are suffering from bad leasing management.”
Shortfalls in funding have led to developers selling off retail space, which limits the control they have over brand placement, he said.
International developers such as Aeon and Parkson could alleviate layout problems that hinder sales and dissuade name brands from entering the country.
Increased spending power among urban Cambodians has continued to lure brands such as Mango and Axara into the Kingdom, Sovereign Retail Group told the Post in February.
Brand awareness – largely non-existent five years ago – has seen many working-class Cambodians opt for name-brand shirts and shoes rather than the imitations found in some traditional marketplaces, Sovereign’s Ly Souden said at the time.
Per capita gross domestic product was slightly higher than US$900 in 2011, according to the Ministry of Economy and Finance, a 70 per cent jump since 2006. Citing Economic Institute of Cambodia data, CBRE said that figure could rise to $1,000 next year. “This is one of the main reasons for more retail here: disposable income,” Soo said.
CBRE’s projected tripling of retail space could happen by 2015 if Aeon and Parkson projects, as well as other shopping centres such as Cambodia Plaza, are completed on time, Sung Bonna said.
Although CBRE reported a 78 per cent occupancy rate at current shopping centres, large-scale, international retail venues would bring with them a surge in name brands.
“People are starting to pick up name brands … but high quality brands don’t want to be in small buildings. They are waiting for the grade-A space,” Sung Bonna said.
The Aeon and Parkson projects would attract high-end brands, and name brands already in the country would most likely move to the new venues, he said.
The supply of shopping centre space in Phnom Penh is set to triple in the next five years, according to a CBRE Cambodia report, and one insider said the jump in higher-end retail venues would come even sooner.
A Parkson Corporation Sdn Bhd shopping centre, one of two large-scale international retail developments in the country, would push that increase in retail supply.
If planned developments come to fruition, there could be as much as 312,000 square metres of retail venues in shopping centres by 2017, up from last month’s count of about 105,000 square metres, the CBRE report said.
Malaysia’s Parkson has started construction on a shopping centre in Phnom Penh, Sung Bonna, president of National Valuers Association of Cambodia, said yesterday, although he declined to give details on the project.
Japanese retail developer Aeon Co Ltd was also in the process of developing what would be one of the country’s largest retail shopping centres on the capital’s Sothearos Boulevard.
A lack of world-class brand management in Cambodian malls is driving the demand for internationally developed shopping projects, Knight Frank country manager Sunny Soo said yesterday.
“At malls here, you have two floors of people selling shoes – sometimes the same shoes. It’s not profitable for the retailer or the mall owners,” he said.
“Until today, the city doesn’t have first class shopping malls ... All the shopping malls here are suffering from bad leasing management.”
Shortfalls in funding have led to developers selling off retail space, which limits the control they have over brand placement, he said.
International developers such as Aeon and Parkson could alleviate layout problems that hinder sales and dissuade name brands from entering the country.
Increased spending power among urban Cambodians has continued to lure brands such as Mango and Axara into the Kingdom, Sovereign Retail Group told the Post in February.
Brand awareness – largely non-existent five years ago – has seen many working-class Cambodians opt for name-brand shirts and shoes rather than the imitations found in some traditional marketplaces, Sovereign’s Ly Souden said at the time.
Per capita gross domestic product was slightly higher than US$900 in 2011, according to the Ministry of Economy and Finance, a 70 per cent jump since 2006. Citing Economic Institute of Cambodia data, CBRE said that figure could rise to $1,000 next year. “This is one of the main reasons for more retail here: disposable income,” Soo said.
CBRE’s projected tripling of retail space could happen by 2015 if Aeon and Parkson projects, as well as other shopping centres such as Cambodia Plaza, are completed on time, Sung Bonna said.
Although CBRE reported a 78 per cent occupancy rate at current shopping centres, large-scale, international retail venues would bring with them a surge in name brands.
“People are starting to pick up name brands … but high quality brands don’t want to be in small buildings. They are waiting for the grade-A space,” Sung Bonna said.
The Aeon and Parkson projects would attract high-end brands, and name brands already in the country would most likely move to the new venues, he said.
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