Construction Projects on the rise in 2020
By
B2B Cambodia
on
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has released data on the state of the construction projects in Cambodia for January-June 2020, and the value of the approved construction projects has risen 13.26 per cent.
According to a report from the (MLMUPC), there are 2,522 approved construction projects across Cambodia with a total investment capital of $3.842 billion in the first six months of 2020.
Cambodian construction projects 2020
The value of the approved construction projects rose 13.26 per cent from $3.392 billion in the first six months of 2019 to $3.842 billion in the first half of 2020. In total, the Ministry of Land Management has approved:- 2,097 residential projects (capital investment capital of $1.78 billion)
- 36 Borey projects (capital investment of more than $648.9 million)
- 8,932 units of houses and flats were approved (capital investment $1.21 billion)
- 82 condo projects (capital investment of $572.5 million)
- 19 hotel projects (capital investment of $145.2 million)
- 220 projects commercial buildings (capital investment of $1.31 billion)
- 45 factory and warehouse projects (capital investment of more than $306.35 million)
- 45 mixed-building development projects (capital investment of $1.03 billion)