Cambodia’s construction approvals soar

Construction approvals granted by government authorities have increased 93 percent in the first six months of the year, compared to the same period last year, figures show. Some 1,079 potential projects worth US$637.7 million were given the go-ahead in the January to June period, compared with 1,094 construction projects worth $329.1 million approved last year, according to Ministry of Land Management, Urban Planning and Construction figures obtained on Tuesday. The ministry’s Construction Department Director Lao Tip Seiha said that the ministry had approved a number of larger construction projects such as housing developments, apartments, factories, and tourist facilities in the first six months.