The government and private sector’s infrastructure development projects will still continue amid the COVID-19 pandemic which would affect negatively Cambodia’s economic growth rate this year.
In a visit to the construction site of the new Phnom Penh international airport in Kandal and Takeo provinces yesterday, Prime Minister Hun Sen said that Cambodia’s economic growth in 2020 is projected to be at -1.9 percent, the worst growth in the last two decades, due to COVID-19, but added, there have been no companies announcing bankruptcy or suspension of their construction processes.
Construction projects of both government and private sector such as roads, airports, and residential units have continued as planned, Premier Hun Sen said.
“The firm in the new Phnom Penh airport is investing $1.5 billion. This company has neither mentioned about the shortage of investment budget nor about the suspension of the construction process. We have other companies such as Peng Hout and Chip Mong companies, which continue their projects like what they did before the COVID-19 crisis,” the Premier underlined.