Investments in Cambodia's construction up 34 pct. in first 4 months
Investments in Cambodia's construction up 34 pct. in first 4 months
Construction sector had received a total investment of 647 million U.S. dollars in the first four months of this year, up 34 percent from 482 million U.S. dollars at the same period last year, the statistics released by the Ministry of Land Management, Urban Planning and Construction showed Wednesday.
From January to April 2012, the ministry had issued constructing licenses to 630 projects across the country.
The projects include residential units, commercial buildings, apartments, hotels, agricultural product processing plants and garment factories, Lao Tip Seiha, head of the ministry's construction department, said Wednesday.
Foreign investors involved in the projects are mostly from South Korea, China, Malaysia and Vietnam.
Construction sector is one of the four pillars supporting the country's economic growth. The sector attracted 2,129 projects with a total investment of 1.7 billion U.S. dollars last year.
xinhua
