Cambodia has not yet seen a slowdown in cement sales over COVID-19

The coronavirus has not had a significant impact on the cement and other construction material markets in Cambodia, which are retaining strong demand at present. The Cambodian construction sector reports no slowdown in demand because of the COVID-19 pandemic, while cement prices are holding up.

“Demand remains strong for cement and building materials due to infrastructure development, urbanisation, long-term investment, and family and population growth. We believe the Cambodian economy will continue to grow strongly in the long term,” said Wirot Phanitphotchamarn, Kampot Cement Co’s sales and marketing director.

Kampot Cement says it will not lower the price of its products in places like Siem Reap and Sihanoukville, where COVID-19 fears have slowed the flow of tourists, arguing that the market remains strong.

In full: https://www.cemnet.com/News/story/168518/cambodia-has-not-yet-seen-a-slowdown-in-cement-sales-over-covid-19.html#prettyPhoto

Related Stories

Latest News

The Weekly DispatchA weekly newsletter from The Cambodia Daily delivering news, analysis and opinion to your inbox. Published every Friday at 11:30am. Sign up today.