Cambodia’s iron and steel imports worth US$119 million in four months

• 20 May 2022
• Local News
• 1604 Views

Cambodia imported iron and steel worth $119.72 million in the first four months of 2022, marking an increase of 19 percent over the $101 million recorded in the same period last year, according to Customs.

This accounted for 1.192 percent of the Kingdom’s total goods imports over January-April, valued at $10.043 billion, statistics from the General Department of Customs and Excise (GDCE) of Cambodia indicate.

Last month alone, iron and steel imports stood at $35.63 million – up 83.6 percent compared to April 2021.

According to data from the Ministry of Land Management, the Urban Planning and Construction data in 2021, a total of 4,303 new construction projects were approved nationwide, with a cumulative registered capital investment of $5.33 billion – down by 31.21 percent year-on-year – and a total floor area of 13.00 million square meters. (Read more)

• Business and Market
• Economy and Finance