News

Gov’t approves $9B worth of building projects in 2019

The government has approved more than $9 billion this year for capital investment in the construction sector, a nearly 80 per cent increase on last year, with most of the growth coming from projects in Sihanoukville, according to Minister of Land Management, Urban Planning and ...

Hin Pisei
https://www.phnompenhpost.com/business/govt-approves-9b-worth-building-projects-2019

Brick prices climb to towering highs on demand from Sihanoukville

Brick prices in Cambodia have risen sharply in the last year, a trend that has accelerated over the first two months of this year due to growing demand from the rapidly developing coastal town of Sihanoukville. The price of 10,000 bricks hovered around $180 early ...

Hor Kimsay
http://www.phnompenhpost.com/business/brick-prices-climb-towering-highs-demand-sihanoukville

Construction industry cooling down: analysts

Government revenue collected on property transfers and construction services dropped off by 25 percent last year, reflecting a slowdown of the Kingdom’s construction sector despite a surge in the reported value of investment in real estate development projects, according to analysts. ...

Hor Kimsay
http://www.phnompenhpost.com/business/construction-industry-cooling-down-analysts

A boom year for building projects

A stunning rise in the value of construction projects approved by the government in the first half of the year could be a sign that developers have found a willing ally in the newly appointed minister of land management, who has pushed through hundreds of ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/boom-year-building-projects

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