Friday, August 18, 2017 - 4:11:49

Vietnamese construction firms stands 3rd in Cambodia

VNA Print

Illustrative image (Photo:VNA)

Phnom Penh (VNA) – Vietnam ranked third in the number of companies licensed to operate in the construction sector in Cambodia, said Sui Nara, Head of the Construction General Department under the Cambodian Ministry of Land Management, Urban Planning and Construction.

Meanwhile, China was named the largest investor in this field this year with 135 firms running 83 projects worth 946 million USD.

Since 2000, the Republic of Korea has been the biggest investor in the construction sector with 45 companies registering a total investment capital of 1.56 billion USD.

Other top foreign investors include Japan, Thailand, Taiwan (China), and Malaysia.

The foreign-invested projects focus on high-rise buildings, urban areas, property business, and construction design consultancy.-VNA
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