Wednesday, September 10, 2014

Cambodia holds construction, property expo as construction sector booms

10 September 2014

An international construction and property exhibition kicked off here, in the capital city of Cambodia, on Wednesday as the country's construction continued enjoying strong growth.

Chief Executive Officer of AMB Event-Cambodia, which organized the expo at the capital's Diamond Island Exhibition Center, said more than 300 companies from 23 countries and regions have their construction and property products displayed at the three-day event. Cambodia country received a total investment of nearly 2.8 billion U.S. dollars in construction last year, up 31% year on-year. Moreover, in the first five months of this year, the country attracted an additional 1.54 billion U.S. dollars in the sector, a 210% rise over the same period last year.

Construction is one of the four pillars supporting the economy. Most foreign investors in the sector are from South Korea, China, Japan, Malaysia, India and Vietnam.

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