The construction sector in Cambodia is the fastest growing industry in the country, making up an estimated 30.1 per cent of the Kingdom’s GDP.
Recently, however, investment in construction (specifically in the real estate sector) has dropped by 15.3 per cent, from approximately $6.8 billion in 2017, to $5.8 billion last year.
The number of construction projects approved by the Ministry of Land Management Urban Planning and Construction also decreased by 3.6 per cent over the same time period, from 3,418 in 2017 to 3,294 last year.
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