Cambodia Sees 18% Surge in Construction Material Imports, Reaching US$750m in First Half of 2024

Cambodia imported construction materials worth a total of US$753 million in the first six months of 2024, marking an 18 percent increase from the previous year, according to a report by the Ministry of Commerce.

Cement imports were valued at nearly US$10 million, showing a 9% decrease, while iron and steel imports soared to US$384 million, a 50% increase. The rise in construction material imports signifies a positive trend in the recovery of Cambodia’s construction sector.

A recent report from the Ministry of Economy and Finance highlighted that in the first five months of this year, a total of 1,330 construction projects received permits, covering an area of 4.27 million square metres and representing US$1,811 million in investment capital. (Read more)

- Video Advertisement -

Related Post

Strengthening Support for Informal Economy Workers in Cambodia

On May 26, 2025, a significant partnership was established between the Cambodian Ministry of Labor and Vocational Training and the Japan International Labor Fund (JILAF) with the signing of a Memorandum of Understanding in Tokyo, Japan. This collaboration aims to bolster the livelihoods of workers in Cambodia’s informal economy through enhanced vocational training and support […]

Cambodia and Australia Strengthen Ties with Investment and Trade Commitment

In a significant step towards enhancing bilateral relations, Cambodia and Australia have pledged to explore new strategies for expanding investment and trade cooperation. This commitment was solidified during a meeting held on May 19, 2025, between His Excellency Hun Manet, Prime Minister of Cambodia, and Ms. Frances Adamson, Premier of South Australia. The discussions highlighted […]

Cambodia and Laos Forge Stronger Agricultural Ties to Expand Mango Exports

In a significant move to enhance agricultural trade, Cambodia and Laos have reached an agreement to boost the export of Cambodian mango products to third countries via Laos’ high-speed rail system. This announcement was made during an official visit from April 30 to May 3, 2025, where H.E. Dith Tina, Cambodia’s Minister of Agriculture, met […]

AEON Breaks Ground on USD 46 Million Shopping Mall in Vietnam

  In a strategic move amidst the global economic downturn, Japanese retail giant AEON is strengthening its presence in Vietnam with the groundbreaking of a new shopping mall. On April 19, 2025, AEON Vietnam commenced construction on the AEON HAI DUONG shopping mall in Hai Duong province, located just north of Hanoi. The project has […]

Malaysia Bets on USD 250 Million Deal to Train 10K Semiconductor Specialists to Spark Homegrown Chip Design Revolution

Malaysia has sealed a landmark USD 250 million semiconductor partnership with UK-based Arm Holdings, granting the Southeast Asian nation access to Arm’s advanced intellectual property as it aims to shift from a manufacturing-based economy to a high-value design and innovation hub in the global chip supply chain. The agreement, formally signed on 5 March 2025 […]

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 […]