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Report Published: "Cambodia Infrastructure Report Q1 2014"


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2014-01-22 19:24:09 - New Construction market report from Business Monitor International: "Cambodia Infrastructure Report Q1 2014"

We continue to hold the view that the stellar performance by Cambodia's construction sector in 2012 (where construction real growth reached 16.3%) is not sustainable in 2013 and 2014. Even though we have seen in H113 the return of foreign investment and the increase in domestic project financing in Cambodia, several risks continue to dampen the near-term growth potential of the sector - namely greater policy uncertainty following the outcome of the July 2013 general elections - growing competition from Myanmar, limited upside to foreign investment and the resolution of land disputes in the favour of local residents.

Key developments in Cambodia's infrastructure sector:

* In October 2013, the Cambodian government awarded ALEX Corporation a US$119mn 29-year concession to build and

operate power transmission lines between power plants in Preah Sihanouk province and Phnom Penh under a build-operate-transfer framework. The contract was awarded after the government approved the project following a feasibility study done by the China Heavy Machinery Company.
* In November 2013, officials at the Sihanoukville Autonomous Port announced that the construction of a new multi-purpose terminal is scheduled to start in early 2014. The US$80mn project is funded by a loan from the Japanese government and is scheduled to be completed by late-2016.
* In November 2013, a joint venture consisting of France-based Vinci and Malaysia-based Muhibbah Engineering won two contracts (worth US$87mn) to construct and expand the terminal building and the refurbishment of the airports in Phnom Penh and Siem Reap. The contracts are expected to be completed by end-2015. Once completed, both airports will double their capacity to 5mn passengers per annum. The contracts were awarded by airport operator Cambodia Airports. Cambodia Airports is 70% owned by Vinci Group, with the remaining 30% is owned by Muhibbah Masteron Cambodia. Cambodia Airports holds the concession for the development and the management of Cambodia's three international airports in Phnom Penh, Siem Reap and Sihanoukville.

Full Report Details at
- www.fastmr.com/prod/760706_cambodia_infrastructure_report_q1_201 ..

Report Table of Contents:

The table of contents for this report is available upon request.

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.


Author:
Bill Thompson
e-mail
Web: www.fastmr.com
Phone: 18008448156

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