Stay updated with breaking news from Ann Sothida. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Preah Sihanouk provincial authorities have urged construction owners and landlords to come to a consensus to lower land rental prices to restore the stagnant real estate sector and clean up the image of the coastal province as the economy recovers.
Local developer Monarchy Land & Investment on June 10 simultaneously broke ground and launched sales for its first housing development in southern Kandal province.
PHNOM PENH (The Phnom Penh Post/ANN): The global health crisis caused by the Covid-19 outbreak has dragged down investment in the Cambodian construction sector, which had shown positive signs for several years in a row.
Share Just $7.8 billion in new construction projects were approved in 2020, down 32.1 per cent on a yearly basis. Hean Rangsey Investment in construction crumbles under pandemic Wed, 2 June 2021 The global health crisis caused by the Covid-19 outbreak has dragged down investment in the Cambodian construction sector, which had shown positive signs for several years in a row. Last year, the Ministry of Land Management, Urban Planning and Construction approved just $7.8 billion in new construction projects – down by 32.1 per cent from $11.4 billion in 2019, covering 17 million square metres, d...