Cambodia logged 21 percent increase in Inflow of FDI into the Real Estate sector in 2019

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The inflow of  foreign direct investment into the real estate sector (combined all type of real estate and condominium) in Cambodia was estimated at over $437.3 million in 2019, according to data from the NBC’s Annual Banking Supervision Report 2019, issued on April 27, 2020.

Among the total inflow of FDI into the real estate sector, China had the largest investments in Cambodia. China contributed around 58.8 percent (or over $262 million) of  the total FDIs, followed by Singapore 15.2 percent or $67.75 million, $53.5million from United State, $27.25million from South Korea, $15.5milion from Japan, and $19.5million from other countries.

The NBC report read that by the end of 2019, the growth of credit of banking and finances to real estate sector were 37.9 percent and 13, 9 percent respectively. The market share of the banking sector into the real estate was 24.8 percent among total loan portfolio of $25.1billion.

It said that more than 97 percent of banks were offering  credit to the real estate while  microfinance institutions shared only 3 percent.

Credit to the real estate sector was mostly in real estate activities such as  construction, and personal mortgage. The credit growth for mortgage was 41.7 percent, real estate activities was 43, 3 percent and construction was 27, 6 percent.(This news came from Khmertimes.com)