柬埔寨建筑投资逾73亿美元 同比劲增近七成

Core Insights - The construction industry in Cambodia is experiencing a strong recovery, with an investment of $7.32 billion in 2023, representing a 69% year-on-year increase [1] - The total number of approved construction projects reached 3,503, covering an area of 18.67 million square meters [1] - The projected investment for 2024 is $4.33 billion across 2,622 projects, indicating significant growth in both project numbers and investment amounts [1] Investment Breakdown - Residential projects dominate the construction sector, with 2,724 residential projects expected to attract an investment of $2.51 billion [1] - Commercial building projects are also notable, with 189 projects anticipated to bring in $0.79 billion [1] Economic Impact - The construction industry is a vital pillar for Cambodia's economic growth, contributing to household economies, job creation, and urban development [1] - The government has implemented policies to encourage construction investment, improve regulations and technical standards, enhance public service quality, and strengthen oversight against illegal construction activities [1] Historical Context - Prior to the pandemic, the construction sector was a key driver of economic growth, with its contribution to GDP increasing from 0.5 percentage points in 2011 to an average of 2.5 percentage points from 2016 to 2019 [2] - The industry faced significant setbacks during the pandemic, with its contribution to GDP dropping to -1.2 percentage points in 2020, and recovery has been slow, not yet returning to pre-pandemic levels [2]