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Construction material imports on the increase

Construction material imports on the increase

A RETURN to work on larger construction projects in Cambodia is leading to an increase in the impartation of construction materials, experts said yesterday.

Cambodia’s construction materials are generally imported from China, Vietnam and Thailand, and also as far afield as Europe, said Khuon Savuth, Statistics Director at the Ministry of Commerce’s Camcontrol Department.

“We’ve noted the construction sector has improved this year, which has pushed up demand for construction materials,” he said.

Camcontrol figures show US$351.9 million worth of construction materials were given the go-ahead in the first six months of 2011, from $92.9 million in the same period last year.

The goods, including steel, tiles, and cement, totalled 365,302 tonnes during the period, from 254,839 tonnes for the same six months in 2010.

Ministry of Land Management, Urban Planning and Construction Director of the Construction Department Lao Tip Seiha said investors were returning to the sector, adding increased work on certain large-scale developments had the ability to significantly increase material imports.

Overseas Cambodia Investment Corporation’s developments, such as Diamond Island and New World City, in particular were leading to the increase, he said.

“Only the development projects of OCIC can boost the amount of imported construction materials very much,” he said.

He added the ministry was seeing increased interest from foreign and domestic investors in recent months, which augured well for the recovery of the construction sector in Cambodia.

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