The influence of the Chinese is having a significant effect on the economic growth prospects of Cambodia, and in particular the real estate and construction sectors.
The first Cambodia Architect Forum hosted by the Board of Architects, Cambodia, will kick off this week.
Cambodia has become one of the most popular destinations in the region for global investors, especially in the real estate sector, and its capital Phnom Penh has become a popular place to invest.
At least 150 youth have left this Adigama, 170 kilometres northwest of Sri Lanka’s capital since the drought began, looking for jobs in the country’s cities.
A former senior government official with the Ministry of Public Works is being convicted for pocketing nearly $60,000 in fees.
China’s real estate investment growth slows as curbs continue to cool property market.
Battambang Conch Cement set to begin operations at end of year.
Public Works and Transport Ministry received construction vehicles from Chinese.
On a quarterly basis, growth picked up to 1.7 percent from 1.3 percent in the first quarter.
Construction investment during first half of year reached $4.94 billion, up 27.44 percent on the same period last year.
The government earned about $4.8 million in the first six months of 2017 from work permits being issued to foreign workers.
Areyksat, in Kandal province, and just a short ferry ride across the Chaktomuk River from Phnom Penh, is increasingly catching investors’ attention.