The construction industry in Cambodia is booming due to rising foreign investments. In 2019, the country’s construction sector attracted a total investment of US$3.39 billion, which is an increase of 57.5 percent over the same period last year. According to a report released in July by the Ministry of Land Management, Urban Planning and Construction (MLMUPC), the country had granted licenses to 2,047 construction projects during the January-June period this year, up 24.5 percent from the approved 1,643 projects over the same period, last year.
In the report, Chhan Sophal, director-general of the MLMUPC, said that most of the new high-rise buildings and new towns are located in the capital Phnom Penh. Yet, the actual number of construction companies may exceed the official count. In 2018, the MLMUPC found that there were many unauthorised construction projects in Sihanoukville Province launched by opportunistic developers. These illegal projects affect the environment and lead to poor construction quality.
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