Cambodia's construction attracts investment projects worth US$5.33bil in 2021

PHNOM PENH (Xinhua): Cambodia's construction sector attracted a total investment of US$5.33 billion in 2021, down 31 per cent year-on-year, according to an official report released on Thursday (Dec 30).

Publicised by the Ministry of Land Management, Urban Planning and Construction (MLMUPC), the report showed the nation had provided licences to 4,303 construction projects in 2021.

China, South Korea and Japan have been seen as the top foreign investors in the country's construction and real estate sector.

According to the report, Cambodia currently has 2,392 high-rise buildings (between five and over 40 floors), 474 locations of new towns and residential complexes, 1,053 hotel buildings, 2,951 commercial buildings, 10,512 factory buildings, and 323 multipurpose buildings.

Some 1,334 construction and home design companies are operating in the kingdom, it added.

Construction is one of the four pillars supporting the kingdom's economy. Three other sectors are garment export, tourism and agriculture.

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Cambodia , construction , investment


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