Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Archetype Group swoops on Tebodin’s Asian Pacific arm

Archetype Group swoops on Tebodin’s Asian Pacific arm

Content image - Phnom Penh Post
The Laurelton Diamond Polishing Factory, for which Archetype undertook the architecture, engineering, project and cost management. Photo supplied

Archetype Group swoops on Tebodin’s Asian Pacific arm

The recent acquisition of Tebodin – a Dutch consultancy and engineering company that operates across 22 countries – by multi-disciplinary construction consultancy Archetype Group aims to strengthen their reach in the Kingdom by focusing on industrial projects, according to the local managing director.

Acquired with an undisclosed amount, Archetype Group took over Tebodin’s Asia Pacific operations in a complete buy-out in early March. Michel Cassagnes, managing director for Archetype in Cambodia and Laos, said the group will now further extend their reach into Cambodia, Vietnam, Myanmar, Thailand, Indonesia, and China.

“Our focus will be on the industrial sector in Cambodia, [and] we have noticed an increase in multinationals in the industrial sector moving their operations to Cambodia, so we believe that there will be a big market for our combined services and expertise in the country,” said Cassagnes.

Archetype has had a multi-faceted foothold in Cambodia’s construction industry since 2003, with a portfolio including architecture, engineering, project management, and cost management services to Laurelton Diamond Factory, Khmer Brewery, and Crown Factory; and construction management and safety management services to the extension of the Heineken Factory.

While Tebodin has held a firm presence in China, the acquisition will allow Archetype to extend north despite a Chinese economy which is struggling to shore up investment and growth, as investors are looking to diversify beyond mainland projects.

Nevertheless, Cassagnes explained that “China still has a very strong industrial sector; our clients are not the Chinese themselves but international multinationals [there]”.

He is confident that with these two firms’ combined capabilities and recently widened scope, “we will soon sign more industrial contracts”, although the acquisition has been too recent to publicly confirm any upcoming projects.

Nevertheless, according to Cassagnes, Archetype is currently working on a couple of projects in the Kingdom, drawing up concept designs and master planning of a development along the Tonle Bassac River, as well as working on interior design in an office tower.

RECOMMENDED STORIES

  • Rainsy and Sokha ‘would already be dead’: PM

    Prime Minister Hun Sen on Sunday appeared to suggest he would have assassinated opposition leaders Sam Rainsy and Kem Sokha had he known they were promising to “organise a new government” in the aftermath of the disputed 2013 national elections. In a clip from his speech

  • Massive ceremony at Angkor Wat will show ‘Cambodia not in anarchy’: PM

    Government officials, thousands of monks and Prime Minister Hun Sen himself will hold a massive prayer ceremony at Angkor Wat in early December to highlight the Kingdom’s continuing “peace, independence and political stability”, a spectacle observers said was designed to disguise the deterioration of

  • PM tells workers CNRP is to blame for any sanctions

    In a speech to workers yesterday, Prime Minister Hun Sen pinned the blame for any damage inflicted on Cambodia’s garment industry by potential economic sanctions squarely on the opposition party. “You must remember clearly that if the purchase orders are reduced, it is all

  • Ex-RFA journos accuse outlet

    Two former Radio Free Asia journalists held a press conference yesterday claiming they are each owed $28,000 by the US-funded radio broadcaster, which shuttered its in-country operations in September amid a government crackdown on independent media. The journalists, Sok Ratha and Ouk Savborey, maintained they organised