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.