Proposals for buildings and homes continue, despite the economy being hit by the Covid-19 outbreak.
According to the report of the Ministry of Land Management, Urban Planning and Construction, there are 3,739 construction projects in the first three quarters of 2020, with a total investment value of 5,868 million US dollars and a total area of 12.91 million square meters.
Most of the proposed projects are residential units, which underscores the growing demand for new housing in Cambodia. According to experts, most of the housing projects proposed in the past are affordable projects.
Despite the negative economic growth in the new 2020, the construction sector in Cambodia maintains growth, contributing to the national economy.
Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.
0
+855 (0) 23222206 (CN/EN/KH)
+86 023 67480241 (CN)
+855 (0) 66400666 (CN/EN/KH)
cpassre@gmail.com
https://www.compass.com.kh
Office Building Ground floor, Kbal Dey No. 594, Street Wat Chas, Phum 01, Sangkat Chroy Changva, Khan Chroy Changva, Phnom Penh
Cambodia
