Exhibition to highlight booming construction sector

May Kunmakara / Khmer Times No Comments Share:
Sen Socheat, President of the Cambodian Society of Architects, middle, with other organisers of the expo on June 8-10 in 2017. Supplied

“Design For Better Workplace And Living” will be the theme of the Third Cambodia Architect & Décor exhibition next year in conjunction with the current improvement of the country’s standards of living, the rising middle-class as well as the booming construction and property sector.

In the Asian Development Bank’s Outlook 2016 report, the bank qualified Cambodia as one of the “NEW TIGER ECONOMIES OF ASIA” based on the increase in gross domestic product per capita: from $1,302 at the end of 2016 to $1,422 at the end of this year.

The expo will be jointly organised between Thailand-based company ICVeX Co Ltd, a subsidiary of Index Creative Village PCL (ICV), and the Cambodian Society of Architects (CSA) and will take place from May 24 to 26 next year at the Diamond Island Convention Center.

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It will bring together hundreds of local and international brands. Exhibitors will showcase their latest innovations while seeking new opportunities and exchanging ideas on the growing importance of design in Cambodia’s booming construction market.

Ajinveat Vhongthong, the Project manager for ICVeX, said the unique trade show will gather architects, interior designers, property developers and building professionals to exchange ideas on the latest innovations and trends in the sector. The exhibition will also host an educational seminar, a student design competition and a networking architect dinner.

“The event doesn’t only contribute to the development of Cambodia’s construction and real estate sector,” said Mr Ajinveat, “it also allows the participants to get new ideas for their careers and the country’s development, by sharing the latest information and experiences with local professionals.

“We created Cambodia Architect & Decor Expo to help professionals engage with targeted potential customers, meet new contacts and identify new opportunities on the market,” he added.

“International business people, processionals, companies and experts will get an opportunity to see more about the development of the industry in Cambodia,” added Mr Ajinveat.

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The market for everything related to construction is growing rapidly as Phnom Penh and the rest of Cambodia experience a boom in the industry. KT/Chor Sokunthea

Hun Chansan, the Vice-President of the Cambodian Society of Architects (CSA), said during the conference that Cambodia has enjoyed rapid economic growth for the past number of years with construction and property developments as the leading industries.

Now there are a lot of new hotels, office buildings, shopping malls, restaurants and residential buildings that are flourishing in Phnom Penh and spreading to other cities in Cambodia.

“There is a now a real middle-class in Cambodia and the lifestyle is changing, both in work and personal environments”, added Mr Hun.

“Cambodia Architect & Decor Expo is an annual gathering and education platform for Cambodians to equip themselves with the latest design trends. It helps the industry to develop better standards for home and workplace design.
“Today the organiser of Cambodia Architect & Décor brings together CSA and BOA – both supporters of the event – to outline the importance of design. This is why design for a better workplace and living is the theme for our 2018 event.

Chea Sophara, the Minister of Land Management, Urban Planning and Construction, speaking during the Construction Industry Expo in Diamond Island at late November, said developers should consider blending Khmer motifs and architectural style into their projects as a way of retaining and strengthening the city’s identity.

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“As high-rise buildings sprout around the city, developers really ought to use more Khmer architecture in their new projects,” he said.

In April, local company Parkway Investment announced the construction of an upscale Khmer-style condominium building in Phnom Penh’s Tuol Kork district that will cost $100 million.

The construction sector has been playing a very critical role in economic growth and job creation. According to an official report from the Ministry of Land Management, Urban Planning and Construction (MLMUPC), the sector attracted $5.63 billion in investment during the first nine months of 2017, an increase of 22 percent compared with the same period last year ($4.61 billion).

The biggest share of this amount was invested in large commercial buildings, office blocks, shopping malls, factories and condominiums.

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