Construction raking in cash

Foreign and domestic investment in construction projects skyrocketed in the first four months of the year, government data suggests. Ministry of Land Management and Urban Planning data revealed last week shows total investment in new construction projects reached more than $1.4 billion at the end of April. The result represents a 300 per cent increase on the $350 million recorded during the same period last year, according to the ministry. Beng Hong Socheat, spokesman of the ministry, said Cambodia’s economic performance and “manageable” political situation were the main reasons for the impressive figures. …

May Kunmakara and Sum Manet
http://www.phnompenhpost.com/business/construction-raking-cash