The real estate and construction industry in Cambodia has been boosted recently after two companies won prestigious awards for their work in the Kingdom.
Vattanac Capital walked away with the prize for Best Commercial Development (South East Asia) for the Vattanac Capital Tower at the second annual South East Asia Property Awards, which took place in Singapore last month.
The development was in competition with new developments in Singapore, Malaysia, Indonesia, Philippines, Thailand and Vietnam.
Cambodia’s ultra-luxury resort Song Saa Private Island won Best Hotel Architectural Design Winner at the same awards.
Terry Blackburn, the CEO of awards organisers Ensign Media, said: “We have seen some real world beating developments awarded here … that really represent the full gamut of what South East Asia real estate has to offer.”
Also last month, Franco-Khmer construction company LBL won the prestigious Excellence Award from the French-Cambodian Chamber of Commerce.
LBL, which has been in operation in Cambodia for 20 years, has been involved in a wide range of projects including the construction of luxury hotels, exclusive villas, embassies, offices and residential buildings.
Currently it is involved with Siem Reap’s Hotel de la Paix, as well as the riverbank reinforcement work on Chroy Changva, and, most noticeably, the construction of the Sokha hotel across the Tonle Sap from Phnom Penh.
“We are very honoured to receive this prize, which rewards 20 years presence in Cambodia, more than 200 projects completed and an approach which always values the quality of the works and respect for clients and workers” said Thierry Loustau, managing director of LBL.
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