Subscribe Search

Search form

Kim Heang elected new president of CVEA

Content image - Phnom Penh Post
Members of CVEA counting ballots for the new president. PHOTO SUPPLIED

Kim Heang elected new president of CVEA

Along with the new president, CVEA prepares for the ASEAN Valuers Association meeting

After a period of inactivity, Cambodian Valuers and Estate Agents Association (CVEA) held an election for a new president. When the final results were tallied, Kim Heang, CEO of Khmer Real Estate, won the presidency.

Running against four candidates, Heang garnered a total of 18 votes while the nearest competitor, Cheng Kheng, CEO of CPL Real Estate, had 10 votes cast in his favor.

When the election results were publically announced last Friday, Heang said he plans to lead the association to the next level of professionalism. One of his primary goals, he said, was to “erase the discrimination towards small companies versus larger companies.”

During his mandate, he also pledged to develop a real estate training centre and actively promote the benefits of CVEA membership.

“What I say, I will do,” he said. “I will succeed in bringing value and fame to this association. I will not invite other companies to join us, but I will show them what benefits they will get by becoming a part of [our team].”

Content image - Phnom Penh Post
Kim Heang has new plans for CVEA. PHOTO SUPPLIED

While Heang’s mandate will only last for a year and half due to the fact that his predecessor, Sok Bun, resigned from the position after only serving six months amidst the international scandal that lead to his arrest after he was caught on camera savagely beating former television presenter Ek Socheata, Heang looked forward to the opportunity to strengthen the organization ahead of the chairmanship for the 19th Congress of the ASEAN Valuers Association (AVA) to be held in Phnom Penh in June of 2016.

Heang said that the Congress, which brought in more than 200 regional delegates to Vietnam earlier this year, would both directly and indirectly benefit Cambodia.

For direct benefits the Congress provides a chance for investors to learn more about the Kingdom’s property market, thus attracting further investment, he said. In terms of indirect benefits, the meeting would boost the tourism and hospitality sector with an anticipated 300 to 400 delegates attending the meeting. Cambodia became a member of AVA in 2009.

Mey Vann, director of the Department of Industrial Finance at the Ministry of Economy and Finance, congratulated Heang on his victory and wished for all the members of CVEA to work to together to strengthen the sector “because this association is an important force of the Royal Government in helping this sector grow.”


  • Professor beaten by mob in Phnom Penh after alleged hit-and-run

    Updated with new information: 6:44am, Tuesday March 13 2018 A university professor accused of a hit-and-run has been transported to Vietnam with serious head injuries after he was brutally beaten by a mob in Phnom Penh late Sunday afternoon. A video of the attack shows a group

  • American ‘fugitive’ arrested in Cambodia outside of US Embassy

    An American citizen was arrested on request by the US Embassy in Phnom Penh on Tuesday, according to Cambodian police. Major General Uk Hei Sela, chief of investigations at the Department of Immigration, identified the man as American Jan Sterling Hagen, and said he was

  • One Australian, one Cambodian killed in explosion at military base

    Updated: 5:20pm, Friday 16 March 2018 An Australian tourist and a Cambodian soldier were killed in an explosion on Thursday afternoon at an army base in Cambodia’s Kampong Speu province. The Australian, whom the government initially identified as a technical demining expert in his 40s, and

  • Australians protest Asean summit visit by PM Hun Sen

    Hundreds of protesters gathered in Sydney’s Hyde Park on Friday to protest against Cambodian strongman Hun Sen, who claimed to have been gifted millions of dollars by the Australian government ahead of a special Asean summit this weekend. An estimated 300 protesters, the majority of