Construction Projects Worth US$6.4 Billion Approved in First Ten Months of 2020

In the first ten months of 2020, the government approved more than 4,000 construction projects worth over US$6.4 billion, a US$1-billion increase compared to the last two months.

According to an economic trend report from the Ministry of Economy and Finance, from January to October, the Ministry of Land Management, Urban Planning, and Construction (MLMUPC) approved construction projects nationwide of 4,080 projects or equivalent to more than 14 million square meters of size.

Of the total projects, residential accounts for 3,400 projects, and commercial building projects for 311. Meanwhile, industry projects, tourism building projects, and other construction projects were recorded at 172, 82, and 2 projects, respectively.

The ministry also approved 68 public investment projects, of which 40 are being implemented with the government budget.

This report does not reveal a year-on-year comparison to 2019. However, a previous report from the same source stated that the total investment capital of construction projects in the first eight months of 2020 was US$5 billion, down by 15.1% compared to the same period in 2019. (Read more)

- Video Advertisement -

Related Post

Exciting Prospects for Cambodian Agricultural Exports

In a significant development for Cambodia’s agricultural sector, Angkor International Airport Investment (Cambodia) Co., Ltd. (AIAI) has expressed a strong interest in investing in the export of Cambodian agricultural products to China and other international markets. This announcement was made during a productive meeting on April 7, 2025, between HE Minister Dith Tina and Mr. […]

Cambodia Achieves Over USD 23 Million in Ticket Sales Within Four Months

Cambodia’s tourism sector is showing remarkable signs of recovery, with ticket sales to renowned attractions generating over USD 23 million from January to April 2025. The figure reached a remarkable USD 23,154,532, stemming from interest in iconic sites such as Angkor Wat, Koh Ker Temple, Beng Melayu Temple, Phnom Kbal Spean, and scenic boat rides. […]

Cambodia Exports Nearly 12 million Tons of Agricultural Products, Generating USD 5.2 Billion in 2024

In a significant boost for the agricultural sector, Cambodia reported impressive figures for 2024, with exports of nearly 12 million tons of farm products valued at USD 5.2 billion. This announcement was made by His Excellency Kong Chanveasna, Secretary of State of the Ministry of Agriculture, Forestry and Fisheries, during the inauguration ceremony of a […]

Khmer New Year Sees Surge in Tourist Arrivals

  In an impressive display of cultural celebration, Cambodia welcomed approximately 23,977,441 tourists during the three-day Khmer New Year festivities, marking a robust increase of 9.9% compared to 2024. This significant influx, comprising both national and international visitors, was reported by the Ministry of Tourism today. From 14-16 April 14 2025, the country witnessed a […]

Cambodia’s Steel Imports Surge in Early 2025

Cambodia’s steel imports significantly rose in the first quarter of 2025, with the nation importing iron and steel valued at USD217 million. This marks a remarkable 75% increase compared to USD124 million during the same period last year. According to a report released on 10 April by the General Department of Customs and Excise, iron […]

ADB Forecasts Sustainable Economic Growth for Cambodia in 2025 & 2026

In a promising outlook for Cambodia’s economy, the Asian Development Bank (ADB) projects a growth rate of 6.1% for 2025 and 6.2% for 2026. The positive forecast, detailed in the Asian Development Outlook released on 9 April, highlights a steady trajectory driven primarily by robust external demand for manufactured goods and the ongoing recovery of […]