Cambuild’19, an annual international building and construction industry exhibition, attracted more participants this year, amid growth in the Kingdom’s real estate and construction sectors.
Andrew Siow, a director of AMB Tarsus, the event organiser, said there are around 500 companies from 28 countries participating in the exhibition, which is being held from September 18 to 20 at the Koh Pich Convention and Exhibition Centre.
The firms come from various sectors such as construction materials, cement, electronics, air-conditioners, electrical appliances, lighting and wood products.
At Cambuild’18, just over 350 companies from 23 countries participated.
Among the 500 companies participating this year, India-based Horizon Exports, which manufactures and exports electrical wiring and conduit fittings is present to build its product branding.
Speaking during the event on Wednesday, the company’s representative Anshul Goyal told The Post that the progress of Cambodia’s construction sector has caused the firm to showcase its latest products in the Kingdom.
Horizon Exports aims to find partners at the event to distribute its products in the Cambodian market, he said.
“Although this is my first time in Cambodia, I noticed that there is a big market here for my company to sell our products. The market is emerging and presents a great opportunity for Horizon Exports,” Goyal said.
He said his company’s products are currently present in many Asean countries including Malaysia, Indonesia and Singapore.
Chou Somitra, a sales manager at Cambodian-based Beton Block & Pave Co Ltd, said the Kingdom’s construction material market is fast-growing, and his company’s concrete block production business has done well, despite only being in operation for just over a year.
Cambodia Constructors Association general manager and secretary Chiv Sivpheng recently said the number of developers applying for construction permits has continually increased, thanks to investor confidence in the Kingdom’s political stability and economic growth.
He said construction projects now appear almost everywhere, especially in the two main economic hubs – Phnom Penh and Preah Sihanouk province – all of which need high-quality and high-tech construction materials.
“Increasing revenue has also fostered in more sophisticated home appliances,” he said.