Construction Investment Capital Rose to US$1 Billion by July 2019
AKP Phnom Penh, August 29, 2019 —
For the first seven months of this year, total construction investment capital rose to US$1 billion – about 40 percent increase compared to the same period in 2018.
The indication was made in a recent report from the Ministry of Land Management, Urban Planning and Construction.
There were 525 construction projects as of July 2019, increasing from 350 in June, added the report.
Of the mentioned number of construction projects, 438 are housing and accommodation facilities.
Grounding on the indicators, real estate experts are positive about the industry which continues to attract more and more investments to Cambodia, especially Phnom Penh capital.
By Khan Sophirom