Thursday, August 28, 2014

Cambodia’s Imported Construction Materials Increase in H1, while Cost Rises Slightly


28 August 2014

In the first sixth months of this year, the volume of imported construction materials grew 185 percent to 1.22 million tons, up from 430,000 tons over the same period last year.

In the January-June period in 2014, the importation of goods for construction totaled over US$229 million, up 2.3 percent from US$223 million as compared to the same period in 2013. The country purchased those items from China, Thailand, Vietnam, Malaysia, and some countries in Europe. Up to late May in 2014, the Ministry of Land Management, Urban Planning and Construction had issued licenses to 728 construction projects with a total investment of US$1.53 billion, up 210% when compared to the same period of 2013.

Recently, 1,423 local and foreign construction companies, of which 559 are potential companies and 165 are foreign-owned companies. Since 2000 up to late December 2013, South Korea is ranked the first with an investment of US$1.85 billion, followed by China with US$747 million and England with of US$131 million.

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