Cambodia's fast-growing property, construction sector to be hard hit

CAMBODIA, April 23 (The Phnom Penh Post/ANN) - Cambodia's construction and real estate sector will be hit hard this year as the Covid-19 pandemic slows down the economy, the World Bank said in a report earlier this month.

The bank adjusted its projection of the Kingdom’s 2020 economic growth to 2.5 per cent from its earlier “slightly below seven per cent” prediction.