Construction Sector Attracts 2,636 Projects Last Year

Cambodia’s construction sector attracted 2,636 projects on a total land area of 14 million square metres, according to the figures from the Ministry of Land Management, Urban Planning and Construction.

The total investment capital in the construction sector in 2016 was recorded at more than US$8.5 billion, a sharp increase of 155.6 percent from only US$3.3 billion the previous year.

In 2015, 2,305 projects on more than 7 million square metres were approved by the ministry.

The construction sector is one of the main pillars of the country’s economic growth and most of the projects are located in Phnom Penh.

Source: Agency Kampuchea Press